Call reports 2008
SALISBURY BANK AND TRUST COMPANY — 2008
What SALISBURY BANK AND TRUST COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 471,657,000 | 478,315,000 | 484,227,000 | 494,312,000 |
| Total loans | 278,756,000 | 291,974,000 | 296,967,000 | 302,406,000 |
| Allowance for loan losses | 2,535,000 | 2,625,000 | 3,105,000 | 2,724,000 |
| Securities available for sale | 148,233,000 | 145,745,000 | 144,482,000 | 150,527,000 |
| Securities held to maturity | 70,000 | 69,000 | 68,000 | 66,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,596,000 | 332,815,000 | 344,635,000 | 344,926,000 |
| Interest-bearing deposits | 271,350,000 | 263,560,000 | 275,411,000 | 279,446,000 |
| Noninterest-bearing deposits | 65,246,000 | 69,255,000 | 69,224,000 | 65,480,000 |
| Equity capital | 44,051,000 | 42,562,000 | 37,742,000 | 37,836,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,661,000 | 13,247,000 | 19,955,000 | 26,541,000 |
| Interest expense | 3,008,000 | 5,717,000 | 8,304,000 | 10,825,000 |
| Net interest income | 3,653,000 | 7,530,000 | 11,651,000 | 15,716,000 |
| Noninterest income | 1,114,000 | 2,232,000 | 3,558,000 | 4,595,000 |
| Noninterest expense | 3,612,000 | 7,302,000 | 11,137,000 | 15,963,000 |
| Provision for loan losses | 60,000 | 170,000 | 690,000 | 1,279,000 |
| Pretax income | 1,413,000 | 2,644,000 | 1,065,000 | 714,000 |
| Income tax | 301,000 | 546,000 | 883,000 | -411,000 |
| Net income | 1,112,000 | 2,098,000 | 182,000 | 1,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,375,000 | 36,888,000 | 34,380,000 | 35,835,000 |
| Total capital | 38,944,000 | 39,549,000 | 37,520,000 | 38,593,000 |
| Risk-weighted assets | 275,045,000 | 286,323,000 | 293,877,000 | 340,417,000 |