Call reports 2020
SALEM FIVE CENTS SAVINGS BANK — 2020
What SALEM FIVE CENTS SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 5,323,964,000 | 5,524,622,000 | 5,524,552,000 | 5,636,898,000 |
| Total loans | 4,063,122,000 | 4,253,151,000 | 4,275,197,000 | 4,191,258,000 |
| Allowance for loan losses | 41,993,000 | 44,742,000 | 45,832,000 | 52,186,000 |
| Securities available for sale | 390,156,000 | 377,262,000 | 347,403,000 | 414,750,000 |
| Securities held to maturity | 582,933,000 | 497,379,000 | 458,212,000 | 650,567,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,900,740,000 | 4,053,654,000 | 4,027,211,000 | 4,176,849,000 |
| Interest-bearing deposits | 3,307,671,000 | 3,264,282,000 | 3,262,534,000 | 3,363,967,000 |
| Noninterest-bearing deposits | 593,069,000 | 789,372,000 | 764,677,000 | 812,882,000 |
| Equity capital | 556,602,000 | 577,434,000 | 599,669,000 | 618,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 48,297,000 | 91,420,000 | 133,360,000 | 173,728,000 |
| Interest expense | 12,411,000 | 21,359,000 | 30,247,000 | 38,478,000 |
| Net interest income | 35,886,000 | 70,061,000 | 103,113,000 | 135,250,000 |
| Noninterest income | 11,552,000 | 32,235,000 | 53,251,000 | 77,092,000 |
| Noninterest expense | 27,674,000 | 56,234,000 | 84,646,000 | 118,779,000 |
| Provision for loan losses | 1,050,000 | 3,750,000 | 4,800,000 | 10,850,000 |
| Pretax income | 6,974,000 | 39,241,000 | 67,027,000 | 89,310,000 |
| Income tax | 1,847,000 | 10,398,000 | 17,762,000 | 23,381,000 |
| Net income | 5,127,000 | 28,843,000 | 49,265,000 | 65,929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 554,112,000 | 578,337,000 | 599,270,000 | 617,918,000 |
| Total capital | 596,105,000 | 623,079,000 | 645,102,000 | 668,770,000 |
| Risk-weighted assets | 3,985,184,000 | 3,986,326,000 | 4,046,391,000 | 4,066,315,000 |