Call reports 2012
BANK OF SALEM — 2012
What BANK OF SALEM reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 80,150,000 | 79,572,000 | 81,827,000 | 84,984,000 |
| Total loans | 50,384,000 | 50,649,000 | 52,173,000 | 50,988,000 |
| Allowance for loan losses | 502,000 | 508,000 | 492,000 | 500,000 |
| Securities available for sale | 17,780,000 | 19,382,000 | 18,932,000 | 18,733,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,860,000 | 70,225,000 | 72,233,000 | 75,727,000 |
| Interest-bearing deposits | 57,461,000 | 57,063,000 | 59,106,000 | 60,534,000 |
| Noninterest-bearing deposits | 13,399,000 | 13,162,000 | 13,127,000 | 15,193,000 |
| Equity capital | 8,765,000 | 8,844,000 | 9,022,000 | 8,703,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 840,000 | 1,662,000 | 2,497,000 | 3,314,000 |
| Interest expense | 115,000 | 223,000 | 327,000 | 424,000 |
| Net interest income | 725,000 | 1,439,000 | 2,170,000 | 2,890,000 |
| Noninterest income | 109,000 | 209,000 | 330,000 | 446,000 |
| Noninterest expense | 662,000 | 1,298,000 | 1,844,000 | 2,510,000 |
| Provision for loan losses | 5,000 | 45,000 | 90,000 | 100,000 |
| Pretax income | 167,000 | 305,000 | 566,000 | 726,000 |
| Income tax | 45,000 | 89,000 | 175,000 | 224,000 |
| Net income | 122,000 | 216,000 | 391,000 | 502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,605,000 | 8,699,000 | 8,874,000 | 8,585,000 |
| Total capital | 9,107,000 | 9,207,000 | 9,366,000 | 9,085,000 |
| Risk-weighted assets | 45,339,000 | 46,003,000 | 46,943,000 | 46,879,000 |