Bank of New England

Salem, NH
IDRSSD: 113601
Total Assets
$1.81B
Latest filing
Total Deposits
$1.47B
Latest filing
Net Interest Margin
4.41%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

011401850SALEM, NH

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Bank of New England
31 Pelham Rd
Salem, NH 03079
Full Service - Brick and Mortar
Updated 01/30/2026Established 06/24/1983FDIC Certificate 17045

Branches (8)

Page 1 of 2
NameAddressCity / State
Bank of New England (Main)31 Pelham RdSalem, NH
WINDHAM BRANCH14 Bank RoadWindham, NH
BEDFORD BRANCH177 S River RdBedford, NH
NASHUA BRANCH295 Main StNashua, NH
LONDONDERRY BR.1a Action BlvdLondonderry, NH
ANDOVER BRANCH12 Haverhill StAndover, MA
METHUEN BRANCH3 Cross StMethuen, MA
HAVERHILL BRANCH37 Emerson StHaverhill, MA
Showing 7 of 8

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/24/1983
Community BankYes
Ownership TypeNot Mutual
ZIP03079
State and County Number33015
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameBoston-Cambridge-Newton, MA-NH

Operational Info

Number of Employees106
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance06/24/1983
Primary Insurance AgencyDIF
Websitehttps://www.bankofnewengland.com
Data Updated01/30/2026
CERT24540
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.81B
Total Deposits$1.47B
Total Liabilities$1.50B
Total Equity Capital$303.35M
Net Income$11.32M
Net Loans and Leases$1.56B
Assets Per Employee ($Millions)$17.21M
Bank Premises and Fixed Assets$19.48M
Cash and Balances due from Depository Institutions$180.73M
Deposits Held in Domestic Offices$1.47B

Key Performance Ratios

Return on Assets (ROA)2.51%
Return on Equity (ROE)15.2%
Net Interest Margin4.41%
Efficiency Ratio21.91%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets16.788%
Earning Assets to total Assets96.73%

Income and Expense

Total Interest Income$31.18M
Total Noninterest Income$1.19M
Total Interest Expense$11.94M
Total Noninterest Expense$4.47M
Net Interest Income$19.24M
Pre-tax Net Operating Income$15.57M
Provision for Credit Losses$384.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$19.10M
Other borrowed funds$5.01M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$25.50M
Total Liabilities and Capital$1.81B

Securities

Securities$11.26M
Available-for-sale debt securities$459.00k
Equity securities with readily determinable fair values not held for trading
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?
$1.47B in total deposits.
Where is Bank of New England located?
Salem, NH.
What is the Net Interest Margin?
4.41%.
How many domestic offices does it operate?
9.
When was it established?
06/24/1983.
What is the Return on Assets (ROA)?
2.51%.
How much are total loans and leases?
$1.56B (latest filing).
What is the total interest income (latest filing)?
$31.18M.