Call reports 2022
SALEM FIVE CENTS SAVINGS BANK — 2022
What SALEM FIVE CENTS SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 6,041,810,000 | 6,256,985,000 | 6,431,304,000 | 6,619,741,000 |
| Total loans | 4,305,512,000 | 4,464,809,000 | 4,603,927,000 | 4,764,098,000 |
| Allowance for loan losses | 58,962,000 | 60,085,000 | 61,140,000 | 62,489,000 |
| Securities available for sale | 452,553,000 | 438,761,000 | 417,111,000 | 426,875,000 |
| Securities held to maturity | 1,004,929,000 | 1,038,191,000 | 1,053,508,000 | 1,070,467,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,045,046,000 | 4,757,104,000 | 4,819,300,000 | 4,960,738,000 |
| Interest-bearing deposits | 3,992,919,000 | 3,656,688,000 | 3,684,777,000 | 3,868,456,000 |
| Noninterest-bearing deposits | 1,052,128,000 | 1,100,416,000 | 1,134,523,000 | 1,092,282,000 |
| Equity capital | 707,704,000 | 718,716,000 | 731,830,000 | 756,543,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 41,289,000 | 87,416,000 | 141,165,000 | 205,508,000 |
| Interest expense | 4,758,000 | 9,486,000 | 16,661,000 | 29,933,000 |
| Net interest income | 36,531,000 | 77,930,000 | 124,504,000 | 175,575,000 |
| Noninterest income | 12,212,000 | 23,582,000 | 35,233,000 | 47,098,000 |
| Noninterest expense | 31,139,000 | 61,661,000 | 92,826,000 | 128,748,000 |
| Provision for loan losses | 1,050,000 | 2,100,000 | 3,150,000 | 7,200,000 |
| Pretax income | 12,114,000 | 24,014,000 | 46,859,000 | 74,665,000 |
| Income tax | 3,210,000 | 6,365,000 | 12,418,000 | 19,227,000 |
| Net income | 8,904,000 | 17,649,000 | 34,441,000 | 55,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 675,129,000 | 684,420,000 | 701,757,000 | 718,933,000 |
| Total capital | 733,399,000 | 744,505,000 | 762,897,000 | 781,422,000 |
| Risk-weighted assets | 4,660,572,000 | 4,822,545,000 | 4,982,705,000 | 5,099,799,000 |