Call reports 2013
BANK OF SALEM — 2013
What BANK OF SALEM reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 81,734,000 | 82,588,000 | 91,951,000 | 93,971,000 |
| Total loans | 50,012,000 | 49,565,000 | 48,877,000 | 48,705,000 |
| Allowance for loan losses | 506,000 | 517,000 | 525,000 | 494,000 |
| Securities available for sale | 18,875,000 | 17,807,000 | 29,629,000 | 30,244,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,493,000 | 73,257,000 | 82,480,000 | 84,990,000 |
| Interest-bearing deposits | 58,957,000 | 58,585,000 | 68,090,000 | 70,084,000 |
| Noninterest-bearing deposits | 13,536,000 | 14,672,000 | 14,390,000 | 14,906,000 |
| Equity capital | 8,781,000 | 8,826,000 | 8,981,000 | 8,646,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 773,000 | 1,539,000 | 2,295,000 | 3,054,000 |
| Interest expense | 89,000 | 171,000 | 247,000 | 318,000 |
| Net interest income | 684,000 | 1,368,000 | 2,048,000 | 2,736,000 |
| Noninterest income | 116,000 | 233,000 | 347,000 | 470,000 |
| Noninterest expense | 642,000 | 1,242,000 | 1,860,000 | 2,555,000 |
| Provision for loan losses | 12,000 | 24,000 | 32,000 | 33,000 |
| Pretax income | 146,000 | 335,000 | 503,000 | 618,000 |
| Income tax | 45,000 | 109,000 | 134,000 | 164,000 |
| Net income | 101,000 | 226,000 | 369,000 | 454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,686,000 | 8,811,000 | 8,954,000 | 8,639,000 |
| Total capital | 9,192,000 | 9,328,000 | 9,479,000 | 9,133,000 |
| Risk-weighted assets | 45,592,000 | 45,431,000 | 46,249,000 | 47,581,000 |