Bank of New England is a state-chartered bank headquartered in Salem, New Hampshire, in business for about 43 years. At the end of Q2 2026 it reported $1.8B in total assets and $1.5B in deposits, with 9 offices across 2 states.
Bank of New England has a TellerScore of 73 out of 100 (strong) based on Q2 2026 data — higher than 70% of its 897 banks with $1 billion – $10 billion. Among 17 banks headquartered in New Hampshire, it ranks 4th. Capital cushion contributes the most (100/100, 16.78%); loan quality contributes the least (42/100, 1.73%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 10 points (83 → 73), mostly because the loan quality component weakened by 33 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 68 |
| Q3 2024 | 74 |
| Q4 2024 | 70 |
| Q1 2025 | 82 |
| Q2 2025 | 83 |
| Q3 2025 | 83 |
| Q4 2025 | 83 |
| Q1 2026 | 84 |
| Q2 2026 | 73 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 18.27% |
| Q3 2024 | 18.13% |
| Q4 2024 | 18.22% |
| Q1 2025 | 16.78% |
| Q2 2025 | 16.35% |
| Q3 2025 | 16.41% |
| Q4 2025 | 16.61% |
| Q1 2026 | 15.87% |
| Q2 2026 | 16.78% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 2.34% |
| Q3 2024 | 1.74% |
| Q4 2024 | 2.10% |
| Q1 2025 | 0.81% |
| Q2 2025 | 0.74% |
| Q3 2025 | 0.73% |
| Q4 2025 | 0.71% |
| Q1 2026 | 0.69% |
| Q2 2026 | 1.73% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.93% |
| Q3 2024 | 2.10% |
| Q4 2024 | 2.17% |
| Q1 2025 | 1.95% |
| Q2 2025 | 2.05% |
| Q3 2025 | 2.19% |
| Q4 2025 | 2.28% |
| Q1 2026 | 2.14% |
| Q2 2026 | 2.17% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 73 | $1.8B | 16.78% | 1.73% | 2.17% | 103.7% |
| Q1 2026 | 84 | $1.8B | 15.87% | 0.69% | 2.14% | 102.0% |
| Q4 2025 | 83 | $1.8B | 16.61% | 0.71% | 2.28% | 106.1% |
| Q3 2025 | 83 | $1.8B | 16.41% | 0.73% | 2.19% | 105.6% |
| Q2 2025 | 83 | $1.7B | 16.35% | 0.74% | 2.05% | 106.5% |
| Q1 2025 | 82 | $1.7B | 16.78% | 0.81% | 1.95% | 104.4% |
| Q4 2024 | 70 | $1.5B | 18.22% | 2.10% | 2.17% | 110.7% |
| Q3 2024 | 74 | $1.5B | 18.13% | 1.74% | 2.10% | 107.4% |
| Q2 2024 | 68 | $1.5B | 18.27% | 2.34% | 1.93% | 108.9% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in New Hampshire
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Meredith Village Savings BankBank Meredith, NH | 62 out of 100, Moderate | $1.6B | 10.3% | 0.41% | vs |
| Merrimack County Savings BankBank Concord, NH | 60 out of 100, Moderate | $1.4B | 9.8% | 0.64% | vs |
| Bank of New HampshireBank Laconia, NH | 72 out of 100, Strong | $2.8B | 12.1% | 0.63% | vs |
| Mascoma BankBank Lebanon, NH | 64 out of 100, Moderate | $3.0B | 9.1% | 0.15% | vs |
Deposit insurance
Is my money safe at Bank of New England?
Yes. Bank of New England is an FDIC-insured institution (FDIC certificate #24540). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 27.4% of deposits ($409.0M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 16.78%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
9 locations
Branches
Bank of New England lists 9 offices in 9 cities across 2 states. Most locations:
- Andover, MA (1)
- Bedford, NH (1)
- Haverhill, MA (1)
- Londonderry, NH (1)
- Manchester, NH (1)
- Methuen, MA (1)
- Nashua, NH (1)
- Salem, NH (1)
- Windham, NH (1)
Identity & history
Profile
- Legal name
- Bank of New England
- Former names
- Southern New Hampshire Bank and Trust Company; Fidelity Bank & Trust Company
- Type
- State-chartered bank
- FDIC certificate #
- 24540
- RSSD ID
- 113601
- Primary regulator
- FDIC
- Established
- June 24, 1983
- Headquarters
- 31 Pelham Rd, Salem, NH 03079
- Website
- www.bankofnewengland.com
- Employees
- 110
Quick answers
Bank of New England: common questions
Is Bank of New England FDIC insured?
Yes. Bank of New England is an FDIC-insured institution (FDIC certificate #24540). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Bank of New England's TellerScore?
73 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Bank of New England ever failed?
There is no failure record for FDIC certificate #24540 in the FDIC failed bank list.
How many branches does Bank of New England have?
9 offices as of the latest FDIC data, in 2 states.
Nearby
Highest-scoring banks and credit unions with branches near Salem
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| New Hampshire Postal Credit UnionCredit union Manchester, NH | 100 out of 100, Very strong | $68.5M | 22.6% | 0.03% | vs |
| Cambridge Municipal Employees Federal Credit UnionCredit union Cambridge, MA | 97 out of 100, Very strong | $10.2M | 24.8% | 0.12% | vs |
| Fidelity Personal Trust Company, FSBBank Merrimack, NH | 93 out of 100, Very strong | $74.6M | 101.5% | 0.00% | vs |
| Billerica Municipal Employees Credit UnionCredit union Billerica, MA | 91 out of 100, Very strong | $23.6M | 17.8% | 0.00% | vs |
| Danvers Municipal Federal Credit UnionCredit union Danvers, MA | 91 out of 100, Very strong | $8.2M | 39.0% | 0.00% | vs |
| NorthEast Community BankBank White Plains, NY | 90 out of 100, Very strong | $2.1B | 17.3% | 0.00% | vs |