Call reports 2016
BANK OF SALEM — 2016
What BANK OF SALEM reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 100,531,000 | 98,187,000 | 98,235,000 | 102,060,000 |
| Total loans | 47,258,000 | 47,056,000 | 46,881,000 | 46,722,000 |
| Allowance for loan losses | 498,000 | 464,000 | 465,000 | 463,000 |
| Securities available for sale | 35,995,000 | 36,971,000 | 36,666,000 | 39,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,140,000 | 86,311,000 | 85,851,000 | 90,340,000 |
| Interest-bearing deposits | 71,349,000 | 69,575,000 | 68,921,000 | 73,285,000 |
| Noninterest-bearing deposits | 17,791,000 | 16,736,000 | 16,930,000 | 17,055,000 |
| Equity capital | 9,122,000 | 9,465,000 | 9,485,000 | 8,559,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 763,000 | 1,529,000 | 2,287,000 | 3,054,000 |
| Interest expense | 68,000 | 138,000 | 208,000 | 282,000 |
| Net interest income | 695,000 | 1,391,000 | 2,079,000 | 2,772,000 |
| Noninterest income | 100,000 | 205,000 | 316,000 | 420,000 |
| Noninterest expense | 616,000 | 1,239,000 | 1,866,000 | 2,566,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 179,000 | 357,000 | 529,000 | 630,000 |
| Income tax | 50,000 | 96,000 | 137,000 | 123,000 |
| Net income | 129,000 | 261,000 | 392,000 | 507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,063,000 | 9,195,000 | 9,326,000 | 9,041,000 |
| Total capital | 9,561,000 | 9,659,000 | 9,791,000 | 9,504,000 |
| Risk-weighted assets | 49,078,000 | 50,011,000 | 48,732,000 | 49,892,000 |