Call reports 2022
NORTH SALEM STATE BANK, THE — 2022
What NORTH SALEM STATE BANK, THE 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 | 544,482,000 | 544,141,000 | 576,357,000 | 585,259,000 |
| Total loans | 411,693,000 | 429,731,000 | 451,305,000 | 466,959,000 |
| Allowance for loan losses | 7,434,000 | 7,636,000 | 7,908,000 | 8,207,000 |
| Securities available for sale | 58,334,000 | 61,240,000 | 60,436,000 | 68,095,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 496,981,000 | 495,092,000 | 529,556,000 | 537,378,000 |
| Interest-bearing deposits | 281,632,000 | 280,991,000 | 373,965,000 | 374,489,000 |
| Noninterest-bearing deposits | 215,349,000 | 214,101,000 | 155,591,000 | 162,889,000 |
| Equity capital | 42,676,000 | 43,356,000 | 43,052,000 | 44,792,000 |
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 | 5,154,000 | 10,767,000 | 17,005,000 | 23,869,000 |
| Interest expense | 422,000 | 812,000 | 1,268,000 | 1,934,000 |
| Net interest income | 4,732,000 | 9,955,000 | 15,737,000 | 21,935,000 |
| Noninterest income | 665,000 | 1,519,000 | 2,126,000 | 2,791,000 |
| Noninterest expense | 2,822,000 | 5,830,000 | 9,132,000 | 12,907,000 |
| Provision for loan losses | 303,000 | 506,000 | 759,000 | 1,062,000 |
| Pretax income | 2,273,000 | 5,139,000 | 7,972,000 | 10,757,000 |
| Income tax | 477,000 | 1,100,000 | 1,711,000 | 2,307,000 |
| Net income | 1,796,000 | 4,039,000 | 6,261,000 | 8,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,761,000 | 46,903,000 | 48,290,000 | 49,879,000 |
| Total capital | 49,814,000 | 52,025,000 | 53,687,000 | 55,419,000 |
| Risk-weighted assets | 401,878,000 | 407,275,000 | 429,222,000 | 440,545,000 |