Call reports 2004
BANK OF SALEM — 2004
What BANK OF SALEM reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 80,812,000 | 79,422,000 | 80,125,000 | 81,502,000 |
| Total loans | 44,525,000 | 45,389,000 | 46,369,000 | 44,861,000 |
| Allowance for loan losses | 432,000 | 427,000 | 430,000 | 402,000 |
| Securities available for sale | 28,713,000 | 27,896,000 | 27,057,000 | 28,358,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,471,000 | 67,035,000 | 68,028,000 | 70,660,000 |
| Interest-bearing deposits | 58,439,000 | 57,434,000 | 57,604,000 | 60,298,000 |
| Noninterest-bearing deposits | 9,032,000 | 9,601,000 | 10,424,000 | 10,362,000 |
| Equity capital | 8,481,000 | 8,183,000 | 8,658,000 | 8,084,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,006,000 | 1,998,000 | 3,003,000 | 4,026,000 |
| Interest expense | 285,000 | 554,000 | 833,000 | 1,127,000 |
| Net interest income | 721,000 | 1,444,000 | 2,170,000 | 2,899,000 |
| Noninterest income | 82,000 | 163,000 | 245,000 | 319,000 |
| Noninterest expense | 500,000 | 1,011,000 | 1,501,000 | 2,115,000 |
| Provision for loan losses | 19,000 | 24,000 | 48,000 | 61,000 |
| Pretax income | 284,000 | 572,000 | 866,000 | 1,046,000 |
| Income tax | 81,000 | 163,000 | 246,000 | 283,000 |
| Net income | 203,000 | 409,000 | 620,000 | 763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,041,000 | 8,247,000 | 8,458,000 | 8,001,000 |
| Total capital | 8,473,000 | 8,674,000 | 8,888,000 | 8,403,000 |
| Risk-weighted assets | 43,274,000 | 43,424,000 | 43,993,000 | 43,733,000 |
Machine access — free, no API key
Every figure shown here about BANK OF SALEM — 2004 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.