Bank of New England


Overview / Commentary
603-894-5700
31 Pelham Road
Salem, NH 03079

Bank of New England is headquartered in SALEM and is the 4th largest bank in the state of New Hampshire. It is also the 731st largest bank in the nation. It was established in 1983 and as of December of 2024, it had grown to 98 employees at 9 locations. Bank of New England has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #24540
Year Established1983
Employees98
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.17%
Return on Equity - YTD12.13%
Annual Interest Income$103.1MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.53B$1.38B
LoansQ4 2024vs Q4 2023$1.36B$1.19B
DepositsQ4 2024vs Q4 2023$1.23B$1.11B
Equity CapitalQ4 2024vs Q4 2023$276MM$246.5MM
Loan Loss AllowanceQ4 2024vs Q4 2023$13.3MM$11.6MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$28.9MM$430K
Real Estate OwnedQ4 2024vs Q4 2023$9MM$0
Rates

Sorry, we do not have rate data for Bank of New England.

Locations


Bank of New England Locations
Andover Branch12 Haverhill StreetAndover, MA 01810
Manchester Branch1589 Elm Street, Suite 102Manchester, NH 03101
Bedford Branch177 South River RoadBedford, NH 03110
Londonderry Br.1a Action BoulevardLondonderry, NH 03053
Nashua Branch295 Main StreetNashua, NH 03060
Methuen Branch3 Cross StreetMethuen, MA 01844
Bank Of New England31 Pelham RdSalem, NH 03079
Haverhill Branch37 Emerson StreetHaverhill, MA 01830
Windham Office14 Bank RoadWindham, NH 03087

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