Call reports 2015
BANK OF SALEM — 2015
What BANK OF SALEM reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 92,674,000 | 91,703,000 | 92,367,000 | 99,108,000 |
| Total loans | 46,159,000 | 46,974,000 | 46,995,000 | 47,476,000 |
| Allowance for loan losses | 477,000 | 507,000 | 513,000 | 498,000 |
| Securities available for sale | 28,849,000 | 29,614,000 | 30,336,000 | 33,145,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,466,000 | 82,583,000 | 82,365,000 | 88,819,000 |
| Interest-bearing deposits | 67,156,000 | 66,888,000 | 66,736,000 | 70,420,000 |
| Noninterest-bearing deposits | 16,310,000 | 15,695,000 | 15,629,000 | 18,399,000 |
| Equity capital | 8,823,000 | 8,809,000 | 9,299,000 | 8,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 723,000 | 1,456,000 | 2,186,000 | 2,938,000 |
| Interest expense | 57,000 | 111,000 | 164,000 | 222,000 |
| Net interest income | 666,000 | 1,345,000 | 2,022,000 | 2,716,000 |
| Noninterest income | 98,000 | 198,000 | 334,000 | 434,000 |
| Noninterest expense | 617,000 | 1,262,000 | 1,895,000 | 2,546,000 |
| Provision for loan losses | 1,000 | 3,000 | 11,000 | 11,000 |
| Pretax income | 146,000 | 278,000 | 450,000 | 593,000 |
| Income tax | 44,000 | 81,000 | 38,000 | 71,000 |
| Net income | 102,000 | 197,000 | 412,000 | 522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,759,000 | 8,855,000 | 9,224,000 | 8,934,000 |
| Total capital | 9,236,000 | 9,362,000 | 9,737,000 | 9,432,000 |
| Risk-weighted assets | 47,195,000 | 47,407,000 | 49,112,000 | 53,073,000 |