Call reports 2017
SALEM FIVE CENTS SAVINGS BANK — 2017
What SALEM FIVE CENTS SAVINGS BANK 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 | 4,192,492,000 | 4,665,309,000 | 4,682,195,000 | 4,676,160,000 |
| Total loans | 3,073,517,000 | 3,486,851,000 | 3,523,173,000 | 3,543,385,000 |
| Allowance for loan losses | 25,005,000 | 25,811,000 | 27,699,000 | 28,726,000 |
| Securities available for sale | 324,504,000 | 339,666,000 | 324,384,000 | 331,831,000 |
| Securities held to maturity | 628,382,000 | 622,629,000 | 619,813,000 | 598,154,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,084,796,000 | 3,338,952,000 | 3,364,200,000 | 3,399,695,000 |
| Interest-bearing deposits | 2,666,664,000 | 2,857,166,000 | 2,862,986,000 | 2,901,347,000 |
| Noninterest-bearing deposits | 418,133,000 | 481,786,000 | 501,214,000 | 498,348,000 |
| Equity capital | 444,314,000 | 455,748,000 | 465,707,000 | 470,643,000 |
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 | 35,632,000 | 74,380,000 | 117,139,000 | 160,522,000 |
| Interest expense | 7,260,000 | 15,373,000 | 24,595,000 | 34,167,000 |
| Net interest income | 28,372,000 | 59,007,000 | 92,544,000 | 126,355,000 |
| Noninterest income | 8,463,000 | 18,146,000 | 28,007,000 | 37,573,000 |
| Noninterest expense | 24,388,000 | 49,735,000 | 77,814,000 | 106,590,000 |
| Provision for loan losses | 450,000 | 2,342,000 | 4,300,000 | 5,200,000 |
| Pretax income | 12,636,000 | 25,789,000 | 40,850,000 | 55,798,000 |
| Income tax | 4,801,000 | 9,800,000 | 15,522,000 | 24,107,000 |
| Net income | 7,835,000 | 15,989,000 | 25,328,000 | 31,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 428,307,000 | 423,075,000 | 432,761,000 | 439,644,000 |
| Total capital | 456,069,000 | 451,953,000 | 463,551,000 | 471,708,000 |
| Risk-weighted assets | 3,048,623,000 | 3,397,747,000 | 3,388,939,000 | 3,398,170,000 |