Call reports 2022
BANK OF SALEM — 2022
What BANK OF SALEM reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 130,581,000 | 126,075,000 | 127,657,000 | 131,450,000 |
| Total loans | 66,742,000 | 71,732,000 | 76,944,000 | 82,139,000 |
| Allowance for loan losses | 552,000 | 553,000 | 578,000 | 618,000 |
| Securities available for sale | 38,927,000 | 40,514,000 | 38,323,000 | 38,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,362,000 | 114,500,000 | 113,489,000 | 114,899,000 |
| Interest-bearing deposits | 94,109,000 | 90,127,000 | 88,699,000 | 91,985,000 |
| Noninterest-bearing deposits | 24,253,000 | 24,373,000 | 24,790,000 | 22,914,000 |
| Equity capital | 9,424,000 | 8,797,000 | 7,854,000 | 8,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 898,000 | 1,865,000 | 2,903,000 | 4,026,000 |
| Interest expense | 73,000 | 135,000 | 266,000 | 543,000 |
| Net interest income | 825,000 | 1,730,000 | 2,637,000 | 3,483,000 |
| Noninterest income | 127,000 | 335,000 | 471,000 | 604,000 |
| Noninterest expense | 718,000 | 1,408,000 | 2,152,000 | 2,959,000 |
| Provision for loan losses | 0 | 3,000 | 30,000 | 69,000 |
| Pretax income | 234,000 | 654,000 | 926,000 | 1,059,000 |
| Income tax | 38,000 | 121,000 | 167,000 | 171,000 |
| Net income | 196,000 | 533,000 | 759,000 | 888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,276,000 | 11,613,000 | 11,839,000 | 11,568,000 |
| Total capital | 11,828,000 | 12,166,000 | 12,417,000 | 12,186,000 |
| Risk-weighted assets | 66,564,000 | 72,160,000 | 77,160,000 | 80,115,000 |