Call reports 2017
NORTH SALEM STATE BANK, THE — 2017
What NORTH SALEM STATE BANK, THE 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 | 295,643,000 | 310,592,000 | 316,483,000 | 317,896,000 |
| Total loans | 240,179,000 | 257,554,000 | 257,676,000 | 269,102,000 |
| Allowance for loan losses | 4,138,000 | 4,338,000 | 4,522,000 | 4,630,000 |
| Securities available for sale | 20,453,000 | 21,656,000 | 21,950,000 | 20,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,391,000 | 281,801,000 | 286,196,000 | 287,523,000 |
| Interest-bearing deposits | 194,717,000 | 199,351,000 | 202,753,000 | 207,066,000 |
| Noninterest-bearing deposits | 72,674,000 | 82,450,000 | 83,443,000 | 80,457,000 |
| Equity capital | 24,203,000 | 25,082,000 | 25,710,000 | 25,806,000 |
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 | 3,154,000 | 6,567,000 | 10,162,000 | 13,814,000 |
| Interest expense | 397,000 | 864,000 | 1,365,000 | 1,881,000 |
| Net interest income | 2,757,000 | 5,703,000 | 8,797,000 | 11,933,000 |
| Noninterest income | 378,000 | 753,000 | 1,170,000 | 1,523,000 |
| Noninterest expense | 1,872,000 | 3,770,000 | 5,900,000 | 7,971,000 |
| Provision for loan losses | 195,000 | 390,000 | 585,000 | 715,000 |
| Pretax income | 1,068,000 | 2,296,000 | 3,482,000 | 4,770,000 |
| Income tax | 308,000 | 688,000 | 1,038,000 | 1,758,000 |
| Net income | 760,000 | 1,608,000 | 2,444,000 | 3,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,850,000 | 24,698,000 | 25,329,000 | 25,556,000 |
| Total capital | 26,687,000 | 27,741,000 | 28,408,000 | 28,716,000 |
| Risk-weighted assets | 225,633,000 | 242,174,000 | 244,946,000 | 251,392,000 |