Call reports 2014
BANK OF SALEM — 2014
What BANK OF SALEM reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 93,078,000 | 89,823,000 | 87,409,000 | 92,448,000 |
| Total loans | 48,772,000 | 48,755,000 | 47,798,000 | 46,802,000 |
| Allowance for loan losses | 493,000 | 495,000 | 480,000 | 476,000 |
| Securities available for sale | 31,241,000 | 28,700,000 | 29,961,000 | 28,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,029,000 | 80,601,000 | 78,132,000 | 83,451,000 |
| Interest-bearing deposits | 69,124,000 | 65,932,000 | 62,795,000 | 67,378,000 |
| Noninterest-bearing deposits | 14,905,000 | 14,669,000 | 15,337,000 | 16,073,000 |
| Equity capital | 8,702,000 | 8,857,000 | 8,926,000 | 8,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 739,000 | 1,478,000 | 2,218,000 | 2,954,000 |
| Interest expense | 68,000 | 133,000 | 195,000 | 255,000 |
| Net interest income | 671,000 | 1,345,000 | 2,023,000 | 2,699,000 |
| Noninterest income | 104,000 | 213,000 | 315,000 | 415,000 |
| Noninterest expense | 680,000 | 1,320,000 | 1,994,000 | 2,676,000 |
| Provision for loan losses | 0 | 1,000 | 1,000 | 1,000 |
| Pretax income | 95,000 | 237,000 | 343,000 | 437,000 |
| Income tax | 26,000 | 69,000 | 95,000 | 119,000 |
| Net income | 69,000 | 168,000 | 248,000 | 318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,708,000 | 8,807,000 | 8,887,000 | 8,657,000 |
| Total capital | 9,201,000 | 9,302,000 | 9,367,000 | 9,133,000 |
| Risk-weighted assets | 48,041,000 | 47,334,000 | 46,977,000 | 46,997,000 |