Call reports 2023
NORTH SALEM STATE BANK, THE — 2023
What NORTH SALEM STATE BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 598,127,000 | 588,953,000 | 614,711,000 | 605,463,000 |
| Total loans | 474,519,000 | 490,791,000 | 498,992,000 | 505,583,000 |
| Allowance for loan losses | 8,509,000 | 8,706,000 | 8,851,000 | 8,801,000 |
| Securities available for sale | 67,132,000 | 63,636,000 | 54,560,000 | 53,067,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 546,438,000 | 528,718,000 | 553,385,000 | 541,668,000 |
| Interest-bearing deposits | 385,102,000 | 373,321,000 | 398,271,000 | 397,032,000 |
| Noninterest-bearing deposits | 161,336,000 | 155,397,000 | 155,114,000 | 144,636,000 |
| Equity capital | 47,356,000 | 46,685,000 | 46,328,000 | 48,910,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,122,000 | 14,975,000 | 23,235,000 | 32,022,000 |
| Interest expense | 1,109,000 | 2,725,000 | 4,804,000 | 7,454,000 |
| Net interest income | 6,013,000 | 12,250,000 | 18,431,000 | 24,568,000 |
| Noninterest income | 533,000 | 1,055,000 | 1,876,000 | 2,757,000 |
| Noninterest expense | 3,349,000 | 7,008,000 | 10,938,000 | 15,482,000 |
| Provision for loan losses | 303,000 | 506,000 | 659,000 | 613,000 |
| Pretax income | 2,894,000 | 5,791,000 | 8,710,000 | 11,031,000 |
| Income tax | 621,000 | 1,194,000 | 1,807,000 | 2,273,000 |
| Net income | 2,273,000 | 4,597,000 | 6,903,000 | 8,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,953,000 | 52,352,000 | 50,828,000 | 52,433,000 |
| Total capital | 57,601,000 | 58,361,000 | 56,968,000 | 58,587,000 |
| Risk-weighted assets | 448,984,000 | 478,034,000 | 488,505,000 | 489,493,000 |