Call reports 2017
BANK OF SALEM — 2017
What BANK OF SALEM reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 104,153,000 | 102,308,000 | 102,111,000 | 104,989,000 |
| Total loans | 47,216,000 | 46,585,000 | 48,226,000 | 47,981,000 |
| Allowance for loan losses | 462,000 | 461,000 | 460,000 | 411,000 |
| Securities available for sale | 41,387,000 | 38,909,000 | 38,717,000 | 39,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,157,000 | 89,742,000 | 87,814,000 | 92,007,000 |
| Interest-bearing deposits | 73,524,000 | 71,395,000 | 70,074,000 | 74,042,000 |
| Noninterest-bearing deposits | 18,633,000 | 18,347,000 | 17,740,000 | 17,965,000 |
| Equity capital | 8,785,000 | 9,343,000 | 9,454,000 | 8,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 778,000 | 1,588,000 | 2,402,000 | 3,222,000 |
| Interest expense | 86,000 | 178,000 | 278,000 | 383,000 |
| Net interest income | 692,000 | 1,410,000 | 2,124,000 | 2,839,000 |
| Noninterest income | 95,000 | 200,000 | 309,000 | 414,000 |
| Noninterest expense | 632,000 | 1,267,000 | 1,886,000 | 2,596,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 157,000 | 351,000 | 559,000 | 672,000 |
| Income tax | 31,000 | 29,000 | 61,000 | 121,000 |
| Net income | 126,000 | 322,000 | 498,000 | 551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,167,000 | 9,364,000 | 9,539,000 | 9,265,000 |
| Total capital | 9,629,000 | 9,825,000 | 9,999,000 | 9,676,000 |
| Risk-weighted assets | 52,173,000 | 50,489,000 | 50,809,000 | 51,687,000 |