Call reports 2018
BANK OF SALEM — 2018
What BANK OF SALEM reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 105,222,000 | 104,403,000 | 101,131,000 | 106,103,000 |
| Total loans | 48,094,000 | 48,822,000 | 51,905,000 | 53,779,000 |
| Allowance for loan losses | 418,000 | 456,000 | 446,000 | 446,000 |
| Securities available for sale | 37,890,000 | 39,331,000 | 36,465,000 | 36,447,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,412,000 | 91,408,000 | 87,650,000 | 91,051,000 |
| Interest-bearing deposits | 73,720,000 | 72,505,000 | 69,220,000 | 72,331,000 |
| Noninterest-bearing deposits | 18,692,000 | 18,903,000 | 18,430,000 | 18,720,000 |
| Equity capital | 8,589,000 | 8,777,000 | 8,791,000 | 8,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 828,000 | 1,720,000 | 2,604,000 | 3,499,000 |
| Interest expense | 133,000 | 281,000 | 418,000 | 570,000 |
| Net interest income | 695,000 | 1,439,000 | 2,186,000 | 2,929,000 |
| Noninterest income | 99,000 | 209,000 | 319,000 | 432,000 |
| Noninterest expense | 629,000 | 1,271,000 | 1,924,000 | 2,675,000 |
| Provision for loan losses | 6,000 | 6,000 | 0 | 0 |
| Pretax income | 159,000 | 371,000 | 572,000 | 676,000 |
| Income tax | 22,000 | 59,000 | 71,000 | 81,000 |
| Net income | 137,000 | 312,000 | 501,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,401,000 | 9,585,000 | 9,774,000 | 9,469,000 |
| Total capital | 9,819,000 | 10,041,000 | 10,220,000 | 9,915,000 |
| Risk-weighted assets | 51,585,000 | 52,250,000 | 52,935,000 | 54,930,000 |