Call reports 2016
NORTH SALEM STATE BANK, THE — 2016
What NORTH SALEM STATE BANK, THE 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 | 252,842,000 | 264,507,000 | 278,151,000 | 280,130,000 |
| Total loans | 199,048,000 | 213,523,000 | 224,712,000 | 234,099,000 |
| Allowance for loan losses | 3,297,000 | 3,523,000 | 3,752,000 | 3,989,000 |
| Securities available for sale | 22,649,000 | 22,039,000 | 22,715,000 | 22,170,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,580,000 | 239,513,000 | 252,583,000 | 250,068,000 |
| Interest-bearing deposits | 168,896,000 | 186,014,000 | 186,765,000 | 180,576,000 |
| Noninterest-bearing deposits | 59,684,000 | 53,499,000 | 65,818,000 | 69,492,000 |
| Equity capital | 20,979,000 | 21,682,000 | 22,124,000 | 23,445,000 |
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 | 2,744,000 | 5,596,000 | 8,606,000 | 11,706,000 |
| Interest expense | 325,000 | 664,000 | 1,046,000 | 1,438,000 |
| Net interest income | 2,419,000 | 4,932,000 | 7,560,000 | 10,268,000 |
| Noninterest income | 373,000 | 726,000 | 1,109,000 | 1,509,000 |
| Noninterest expense | 1,494,000 | 3,180,000 | 5,068,000 | 6,910,000 |
| Provision for loan losses | 180,000 | 409,000 | 636,000 | 953,000 |
| Pretax income | 1,118,000 | 2,069,000 | 2,965,000 | 3,914,000 |
| Income tax | 337,000 | 609,000 | 834,000 | 1,118,000 |
| Net income | 781,000 | 1,460,000 | 2,131,000 | 2,796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,361,000 | 21,040,000 | 21,536,000 | 23,090,000 |
| Total capital | 22,705,000 | 23,471,000 | 24,200,000 | 25,843,000 |
| Risk-weighted assets | 186,563,000 | 193,386,000 | 212,045,000 | 219,031,000 |