Bank of New England
Salem, NH
IDRSSD: 113601
Total Assets
$1.81B
Latest filing
Total Deposits
$1.48B
Latest filing
Net Interest Margin
4.45%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Bank of New England
31 Pelham Rd
Salem, NH 03079
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/24/1983FDIC Certificate 17045
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Bank of New England (Main) | 31 Pelham Rd | Salem, NH |
| WINDHAM BRANCH | 14 Bank Road | Windham, NH |
| BEDFORD BRANCH | 177 S River Rd | Bedford, NH |
| NASHUA BRANCH | 295 Main St | Nashua, NH |
| LONDONDERRY BR. | 1a Action Blvd | Londonderry, NH |
| ANDOVER BRANCH | 12 Haverhill St | Andover, MA |
| METHUEN BRANCH | 3 Cross St | Methuen, MA |
| HAVERHILL BRANCH | 37 Emerson St | Haverhill, MA |
Showing 7 of 8
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 06/24/1983 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 03079 |
| State and County Number | 33015 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Boston-Cambridge-Newton, MA-NH |
Operational Info
| Number of Employees | 103 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/17/2024 |
| Date of Deposit Insurance | 06/24/1983 |
| Primary Insurance Agency | DIF |
| Website | https://www.bankofnewengland.com |
| Data Updated | 11/14/2025 |
| CERT | 24540 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.81B |
| Total Deposits | $1.48B |
| Total Liabilities | $1.51B |
| Total Equity Capital | $292.46M |
| Net Income | $10.87M |
| Net Loans and Leases | $1.57B |
| Assets Per Employee ($Millions) | $17.03M |
| Bank Premises and Fixed Assets | $17.30M |
| Cash and Balances due from Depository Institutions | $175.76M |
| Deposits Held in Domestic Offices | $1.48B |
Key Performance Ratios
| Return on Assets (ROA) | 2.45% |
| Return on Equity (ROE) | 15.14% |
| Net Interest Margin | 4.45% |
| Efficiency Ratio | 26.17% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.18% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 16.2% |
| Earning Assets to total Assets | 96.59% |
Income and Expense
| Total Interest Income | $31.38M |
| Total Noninterest Income | $104.00k |
| Total Interest Expense | $12.31M |
| Total Noninterest Expense | $5.02M |
| Net Interest Income | $19.07M |
| Pre-tax Net Operating Income | $14.94M |
| Provision for Credit Losses | $-789,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $19.10M |
| Other borrowed funds | $3.98M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $24.28M |
| Total Liabilities and Capital | $1.81B |
Securities
| Securities | $11.26M |
| Available-for-sale debt securities | $458.00k |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $10.00M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Bank of New England?
$1.81B as of the latest filing.
How much are Bank of New England's total deposits?
$1.48B in total deposits.
Where is Bank of New England located?
Salem, NH.
What is the Net Interest Margin?
4.45%.
How many domestic offices does it operate?
9.
When was it established?
06/24/1983.
What is the Return on Assets (ROA)?
2.45%.
How much are total loans and leases?
$1.57B (latest filing).
What is the total interest income (latest filing)?
$31.38M.