Call reports 2021
NORTH SALEM STATE BANK, THE — 2021
What NORTH SALEM STATE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 522,417,000 | 512,002,000 | 530,835,000 | 532,972,000 |
| Total loans | 340,545,000 | 355,446,000 | 371,454,000 | 387,577,000 |
| Allowance for loan losses | 6,539,000 | 6,653,000 | 6,837,000 | 7,133,000 |
| Securities available for sale | 14,812,000 | 25,702,000 | 32,074,000 | 47,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 477,410,000 | 466,307,000 | 483,642,000 | 484,126,000 |
| Interest-bearing deposits | 295,615,000 | 286,309,000 | 293,520,000 | 282,362,000 |
| Noninterest-bearing deposits | 181,795,000 | 179,998,000 | 190,122,000 | 201,764,000 |
| Equity capital | 38,489,000 | 40,059,000 | 41,930,000 | 42,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,631,000 | 9,427,000 | 14,885,000 | 20,196,000 |
| Interest expense | 700,000 | 1,297,000 | 1,829,000 | 2,313,000 |
| Net interest income | 3,931,000 | 8,130,000 | 13,056,000 | 17,883,000 |
| Noninterest income | 575,000 | 1,151,000 | 1,730,000 | 2,351,000 |
| Noninterest expense | 2,551,000 | 5,235,000 | 7,983,000 | 11,212,000 |
| Provision for loan losses | 123,000 | 246,000 | 439,000 | 742,000 |
| Pretax income | 1,833,000 | 3,801,000 | 6,365,000 | 8,331,000 |
| Income tax | 382,000 | 793,000 | 1,353,000 | 1,752,000 |
| Net income | 1,451,000 | 3,008,000 | 5,012,000 | 6,579,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,373,000 | 39,928,000 | 41,831,000 | 43,099,000 |
| Total capital | 42,548,000 | 44,171,000 | 46,429,000 | 47,781,000 |
| Risk-weighted assets | 331,641,000 | 337,077,000 | 365,592,000 | 372,091,000 |