Bank of New England is headquartered in Salem and is the 5th largest bank in the state of New Hampshire. It is also the 829th largest bank in the nation. It was established in 1983 and as of June of 2022, it had grown to 94 employees at 9 locations. Bank of New England's CD rates are 4X the national average, and it boasts an A+ health rating.
Overall | |
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FDIC Certificate # | 24540 |
Year Established | 1983 |
Employees | 94 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.15% |
Return on Equity - YTD | 13.94% |
Annual Interest Income | $31.4MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.23B$1.18B |
Loans | Q2 2022vs Q2 2021 | $1.03B$992.4MM |
Deposits | Q2 2022vs Q2 2021 | $1.01B$995.6MM |
Equity Capital | Q2 2022vs Q2 2021 | $199.0MM$174.3MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $12.7MM$11.4MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $782.00K$915.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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Bank of New England Locations | ||
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Andover Branch | 12 Haverhill Street | Andover, MA 01810 |
Manchester Branch | 1589 Elm Street, Suite 102 | Manchester, NH 03101 |
Bedford Branch | 177 South River Road | Bedford, NH 03110 |
Londonderry Br. | 1a Action Boulevard | Londonderry, NH 03053 |
Nashua Branch | 295 Main Street | Nashua, NH 03060 |
Methuen Branch | 3 Cross Street | Methuen, MA 01844 |
Bank Of New England | 31 Pelham Rd | Salem, NH 03079 |
Haverhill Branch | 37 Emerson Street | Haverhill, MA 01830 |
Windham Office | 14 Bank Road | Windham, NH 03087 |