Call reports 2019
BANK OF SALEM — 2019
What BANK OF SALEM reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 106,768,000 | 105,555,000 | 102,807,000 | 105,848,000 |
| Total loans | 54,839,000 | 54,888,000 | 55,740,000 | 57,874,000 |
| Allowance for loan losses | 442,000 | 449,000 | 457,000 | 444,000 |
| Securities available for sale | 36,294,000 | 36,504,000 | 34,102,000 | 32,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,865,000 | 91,127,000 | 88,083,000 | 91,428,000 |
| Interest-bearing deposits | 73,523,000 | 72,080,000 | 69,598,000 | 74,026,000 |
| Noninterest-bearing deposits | 19,342,000 | 19,047,000 | 18,485,000 | 17,402,000 |
| Equity capital | 9,619,000 | 10,065,000 | 10,390,000 | 10,121,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 911,000 | 1,835,000 | 2,763,000 | 3,680,000 |
| Interest expense | 203,000 | 395,000 | 573,000 | 738,000 |
| Net interest income | 708,000 | 1,440,000 | 2,190,000 | 2,942,000 |
| Noninterest income | 325,000 | 422,000 | 545,000 | 653,000 |
| Noninterest expense | 615,000 | 1,241,000 | 1,877,000 | 2,584,000 |
| Provision for loan losses | 7,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 415,000 | 610,000 | 844,000 | 990,000 |
| Income tax | 33,000 | 65,000 | 40,000 | 65,000 |
| Net income | 382,000 | 545,000 | 804,000 | 925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,851,000 | 10,014,000 | 10,272,000 | 9,994,000 |
| Total capital | 10,293,000 | 10,463,000 | 10,729,000 | 10,438,000 |
| Risk-weighted assets | 55,318,000 | 55,522,000 | 55,846,000 | 58,127,000 |