Call reports 2010
BANK OF SALEM — 2010
What BANK OF SALEM reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 78,357,000 | 78,302,000 | 76,701,000 | 78,185,000 |
| Total loans | 45,627,000 | 45,395,000 | 45,548,000 | 46,304,000 |
| Allowance for loan losses | 466,000 | 468,000 | 471,000 | 475,000 |
| Securities available for sale | 23,872,000 | 23,427,000 | 23,801,000 | 21,816,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,194,000 | 68,021,000 | 66,229,000 | 68,725,000 |
| Interest-bearing deposits | 56,679,000 | 56,108,000 | 54,599,000 | 56,528,000 |
| Noninterest-bearing deposits | 11,515,000 | 11,913,000 | 11,630,000 | 12,197,000 |
| Equity capital | 8,733,000 | 8,879,000 | 9,038,000 | 8,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 881,000 | 1,761,000 | 2,638,000 | 3,491,000 |
| Interest expense | 212,000 | 403,000 | 579,000 | 751,000 |
| Net interest income | 669,000 | 1,358,000 | 2,059,000 | 2,740,000 |
| Noninterest income | 114,000 | 213,000 | 299,000 | 373,000 |
| Noninterest expense | 624,000 | 1,257,000 | 1,891,000 | 2,615,000 |
| Provision for loan losses | 4,000 | 7,000 | 10,000 | 10,000 |
| Pretax income | 155,000 | 307,000 | 457,000 | 488,000 |
| Income tax | 41,000 | 81,000 | 119,000 | 119,000 |
| Net income | 114,000 | 226,000 | 338,000 | 369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,503,000 | 8,616,000 | 8,728,000 | 8,408,000 |
| Total capital | 8,969,000 | 9,084,000 | 9,199,000 | 8,883,000 |
| Risk-weighted assets | 43,333,000 | 43,110,000 | 41,941,000 | 43,437,000 |