Call reports 2009
BANK OF SALEM — 2009
What BANK OF SALEM reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 77,914,000 | 77,579,000 | 76,244,000 | 80,301,000 |
| Total loans | 46,153,000 | 46,360,000 | 45,936,000 | 45,326,000 |
| Allowance for loan losses | 469,000 | 468,000 | 463,000 | 467,000 |
| Securities available for sale | 21,564,000 | 23,193,000 | 23,636,000 | 23,109,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,649,000 | 66,729,000 | 65,210,000 | 70,222,000 |
| Interest-bearing deposits | 54,938,000 | 54,628,000 | 54,562,000 | 58,711,000 |
| Noninterest-bearing deposits | 11,711,000 | 12,101,000 | 10,648,000 | 11,511,000 |
| Equity capital | 8,689,000 | 8,821,000 | 9,015,000 | 8,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 982,000 | 1,941,000 | 2,883,000 | 3,805,000 |
| Interest expense | 288,000 | 556,000 | 806,000 | 1,041,000 |
| Net interest income | 694,000 | 1,385,000 | 2,077,000 | 2,764,000 |
| Noninterest income | 71,000 | 154,000 | 237,000 | 319,000 |
| Noninterest expense | 542,000 | 1,151,000 | 1,792,000 | 2,503,000 |
| Provision for loan losses | 5,000 | 5,000 | 10,000 | 18,000 |
| Pretax income | 218,000 | 383,000 | 512,000 | 562,000 |
| Income tax | 64,000 | 101,000 | 131,000 | 127,000 |
| Net income | 154,000 | 282,000 | 381,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,509,000 | 8,637,000 | 8,736,000 | 8,390,000 |
| Total capital | 8,978,000 | 9,105,000 | 9,199,000 | 8,857,000 |
| Risk-weighted assets | 43,405,000 | 43,679,000 | 43,465,000 | 43,643,000 |