Call reports 2011
BANK OF SALEM — 2011
What BANK OF SALEM reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 75,805,000 | 77,143,000 | 77,401,000 | 80,344,000 |
| Total loans | 47,208,000 | 48,183,000 | 49,765,000 | 50,315,000 |
| Allowance for loan losses | 479,000 | 474,000 | 486,000 | 497,000 |
| Securities available for sale | 19,654,000 | 19,479,000 | 18,778,000 | 16,042,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,134,000 | 67,265,000 | 67,307,000 | 71,111,000 |
| Interest-bearing deposits | 54,554,000 | 54,936,000 | 54,376,000 | 58,873,000 |
| Noninterest-bearing deposits | 11,580,000 | 12,329,000 | 12,931,000 | 12,238,000 |
| Equity capital | 8,686,000 | 8,852,000 | 8,991,000 | 8,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 835,000 | 1,677,000 | 2,536,000 | 3,391,000 |
| Interest expense | 150,000 | 292,000 | 429,000 | 557,000 |
| Net interest income | 685,000 | 1,385,000 | 2,107,000 | 2,834,000 |
| Noninterest income | 92,000 | 216,000 | 338,000 | 460,000 |
| Noninterest expense | 659,000 | 1,305,000 | 1,949,000 | 2,660,000 |
| Provision for loan losses | 0 | 2,000 | 17,000 | 50,000 |
| Pretax income | 118,000 | 294,000 | 479,000 | 584,000 |
| Income tax | 28,000 | 81,000 | 134,000 | 160,000 |
| Net income | 90,000 | 213,000 | 345,000 | 424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,499,000 | 8,622,000 | 8,753,000 | 8,483,000 |
| Total capital | 8,978,000 | 9,096,000 | 9,239,000 | 8,980,000 |
| Risk-weighted assets | 42,533,000 | 44,360,000 | 45,359,000 | 45,980,000 |