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Bank Of New England

IDRSSD: 113601
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
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Profitability

Vital Signs Report — 2024-Q1

Per-quarter snapshot for 2024-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
76
/ 100
StableAs of 2024-Q1QoQ -11

Weighted composite of five pillars (Liquidity, Securities, Capitalization, Asset Quality, Reserves). Missing pillars are dropped from the denominator. See methodology footer.

Quarterly Headline

2024-Q1

Bank #113601 2024-Q1 Vital Signs Score: 76/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

Liquidity:Stable
Securities:Strong
Capitalization:Strong
Asset Quality:Strong
Reserves:Risk

Top 3 Watch Items

  1. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 37.5% (Adjusted NPL + Performing Mods denominator).
  2. watch
    ALLL / NPL below 50%
    Reserves — Coverage 38.5% (regulatory soft-warning level 50%).
  3. watch
    Brokered deposits above 30%
    Liquidity — Brokered 39.6% of deposits (threshold 30%).

What changed this quarter

Compared to Q4 2023:
↓ -11 ptscomposite
  • Liquidity
    ↑ +2
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -8
  • Reserves
    ↓ -63

The five pillars

Liquidity

StableQoQ +2
63
Sub-score

Liquidity is stable: brokered 39.6%, loans/deposits 104.5%, cash 12.5% of assets.

Cash / Assets
12.51%
Loans / Deposits
104.52%
Brokered %
39.58%

Watch Items

  • watchBrokered deposits above 30% — Brokered 39.6% of deposits (threshold 30%).
  • infoLoans / Deposits above 100% — Loans/Deposits 104.5% (threshold 100%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 1.0% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
1.05%
No watch items at this period.

Capitalization

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 17.75%, CET1 16.35%, leverage 17.94%.

Tier 1 RBC
17.75%
CET1
16.35%
Leverage
17.94%
No watch items at this period.

Asset Quality

StrongQoQ -8
83
Sub-score

Asset quality is strong: Adjusted NPL 2.50%, Texas Ratio 11.4%, NCO YTD 0.00%.

Adjusted NPL
2.50%
Govt-guarantees stripped
Texas Ratio
11.4%
NCO YTD
0.00%
30-89 PD
0.00%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.50% (govt-guarantees stripped).

Reserves

RiskQoQ -63
19
Sub-score

Reserves are weak: ALLL 0.95% of loans, coverage 38.5%, true coverage 37.5%.

ALLL / Loans
0.95%
Coverage
38.5%
True Loss Coverage
37.5%

Watch Items

  • watchALLL / NPL below 50% — Coverage 38.5% (regulatory soft-warning level 50%).
  • watchTrue Loss Coverage Ratio below 50% — True coverage 37.5% (Adjusted NPL + Performing Mods denominator).

Methodology + sources

Vital Signs Score
Composite of five pillar sub-scores, each 0–100. Weights: Liquidity 20%, Securities 15%, Capitalization 25%, Asset Quality 25%, Reserves 15%. See functions/src/vitalSignsScore.ts for the complete formula and band anchors.
Period addressing
Per-quarter URLs accept "YYYY-Q{n}" (canonical), "YYYYqQ" (compact form), or "YYYY-MM-DD" quarter-end dates. All forms canonicalize to the same snapshot.
Source data
FFIEC Call Report Schedules RC, RC-A, RC-B, RC-E, RC-M, RC-N, RC-R, RI, and RI-B Pt I/II via CallReport_Financials + CallReport_FdicData (Visbanking nightly ingest).

Five-pillar framework follows industry-standard bank-health analytical conventions. Composite scoring is Visbanking's own.

Generated: 2026-05-13 11:32:27 UTC