Call reports 2018
SALEM FIVE CENTS SAVINGS BANK — 2018
What SALEM FIVE CENTS SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 4,722,855,000 | 4,822,254,000 | 4,944,830,000 | 5,010,771,000 |
| Total loans | 3,524,942,000 | 3,585,132,000 | 3,745,877,000 | 3,805,506,000 |
| Allowance for loan losses | 30,263,000 | 31,282,000 | 30,889,000 | 34,022,000 |
| Securities available for sale | 349,711,000 | 355,715,000 | 367,481,000 | 365,004,000 |
| Securities held to maturity | 622,340,000 | 623,586,000 | 611,438,000 | 614,124,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,432,086,000 | 3,628,377,000 | 3,787,745,000 | 3,713,421,000 |
| Interest-bearing deposits | 2,959,381,000 | 3,144,887,000 | 3,285,131,000 | 3,217,861,000 |
| Noninterest-bearing deposits | 472,705,000 | 483,491,000 | 502,614,000 | 495,560,000 |
| Equity capital | 481,874,000 | 494,113,000 | 507,608,000 | 508,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 43,903,000 | 88,983,000 | 136,581,000 | 186,349,000 |
| Interest expense | 9,627,000 | 20,507,000 | 32,889,000 | 46,519,000 |
| Net interest income | 34,276,000 | 68,476,000 | 103,692,000 | 139,830,000 |
| Noninterest income | 8,859,000 | 18,135,000 | 27,726,000 | 37,438,000 |
| Noninterest expense | 25,844,000 | 52,541,000 | 79,405,000 | 108,568,000 |
| Provision for loan losses | 1,700,000 | 2,750,000 | 3,800,000 | 6,850,000 |
| Pretax income | 16,107,000 | 32,095,000 | 49,238,000 | 63,436,000 |
| Income tax | 4,188,000 | 8,345,000 | 12,851,000 | 16,193,000 |
| Net income | 11,919,000 | 23,750,000 | 36,387,000 | 47,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 447,356,000 | 458,955,000 | 469,481,000 | 480,970,000 |
| Total capital | 480,423,000 | 493,344,000 | 504,453,000 | 516,158,000 |
| Risk-weighted assets | 3,400,916,000 | 3,463,556,000 | 3,593,314,000 | 3,620,905,000 |