Call reports 2014
SALISBURY BANK AND TRUST COMPANY — 2014
What SALISBURY BANK AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 589,771,000 | 621,524,000 | 638,125,000 | 855,422,000 |
| Total loans | 451,531,000 | 461,728,000 | 467,297,000 | 679,255,000 |
| Allowance for loan losses | 4,892,000 | 5,102,000 | 5,383,000 | 5,358,000 |
| Securities available for sale | 92,674,000 | 88,457,000 | 85,445,000 | 91,313,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 487,893,000 | 517,842,000 | 532,451,000 | 724,893,000 |
| Interest-bearing deposits | 406,958,000 | 424,074,000 | 431,942,000 | 563,476,000 |
| Noninterest-bearing deposits | 80,935,000 | 93,768,000 | 100,509,000 | 161,417,000 |
| Equity capital | 63,766,000 | 64,666,000 | 65,512,000 | 92,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,440,000 | 10,995,000 | 16,438,000 | 22,854,000 |
| Interest expense | 669,000 | 1,326,000 | 2,021,000 | 2,724,000 |
| Net interest income | 4,771,000 | 9,669,000 | 14,417,000 | 20,130,000 |
| Noninterest income | 1,418,000 | 3,082,000 | 4,613,000 | 6,073,000 |
| Noninterest expense | 5,022,000 | 9,912,000 | 14,546,000 | 20,972,000 |
| Provision for loan losses | 337,000 | 651,000 | 969,000 | 1,134,000 |
| Pretax income | 830,000 | 2,188,000 | 3,515,000 | 4,097,000 |
| Income tax | 215,000 | 575,000 | 651,000 | 701,000 |
| Net income | 615,000 | 1,613,000 | 2,864,000 | 3,396,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,212,000 | 51,243,000 | 51,937,000 | 74,881,000 |
| Total capital | 56,573,000 | 56,810,000 | 57,765,000 | 80,492,000 |
| Risk-weighted assets | 410,032,000 | 419,905,000 | 419,454,000 | 631,155,000 |