Call reports 2016
SALEM FIVE CENTS SAVINGS BANK — 2016
What SALEM FIVE CENTS SAVINGS BANK 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 | 3,825,125,000 | 3,944,116,000 | 4,079,769,000 | 4,116,265,000 |
| Total loans | 2,756,137,000 | 2,878,918,000 | 2,963,176,000 | 3,007,973,000 |
| Allowance for loan losses | 21,803,000 | 21,680,000 | 22,043,000 | 24,601,000 |
| Securities available for sale | 262,893,000 | 221,738,000 | 268,558,000 | 311,860,000 |
| Securities held to maturity | 644,802,000 | 670,694,000 | 604,921,000 | 627,450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,854,045,000 | 2,897,701,000 | 3,083,854,000 | 3,089,902,000 |
| Interest-bearing deposits | 2,455,793,000 | 2,488,658,000 | 2,613,540,000 | 2,657,209,000 |
| Noninterest-bearing deposits | 398,252,000 | 409,043,000 | 470,314,000 | 432,694,000 |
| Equity capital | 411,116,000 | 418,222,000 | 428,508,000 | 435,635,000 |
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 | 32,968,000 | 66,510,000 | 100,629,000 | 135,507,000 |
| Interest expense | 7,172,000 | 14,121,000 | 21,212,000 | 28,441,000 |
| Net interest income | 25,796,000 | 52,389,000 | 79,417,000 | 107,066,000 |
| Noninterest income | 8,212,000 | 17,303,000 | 28,344,000 | 38,254,000 |
| Noninterest expense | 22,307,000 | 45,100,000 | 68,232,000 | 92,462,000 |
| Provision for loan losses | 300,000 | 900,000 | 1,200,000 | 3,675,000 |
| Pretax income | 11,458,000 | 24,235,000 | 38,963,000 | 50,397,000 |
| Income tax | 4,272,000 | 9,155,000 | 14,722,000 | 18,973,000 |
| Net income | 7,186,000 | 15,080,000 | 24,241,000 | 31,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 406,613,000 | 409,245,000 | 415,792,000 | 421,442,000 |
| Total capital | 429,630,000 | 432,201,000 | 439,615,000 | 448,267,000 |
| Risk-weighted assets | 2,778,038,000 | 2,869,160,000 | 2,855,903,000 | 2,881,713,000 |