Call reports 2023
SALISBURY BANK AND TRUST COMPANY — 2023
What SALISBURY BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 1,565,334,000 | 1,558,336,000 |
| Total loans | 1,250,641,000 | 1,253,069,000 |
| Allowance for loan losses | 16,009,000 | 15,558,000 |
| Securities available for sale | 187,598,000 | 177,477,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,298,233,000 | 1,365,643,000 |
| Interest-bearing deposits | 928,184,000 | 1,011,849,000 |
| Noninterest-bearing deposits | 370,049,000 | 353,794,000 |
| Equity capital | 150,840,000 | 151,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Interest income | 14,923,000 | 30,305,000 |
| Interest expense | 3,567,000 | 9,375,000 |
| Net interest income | 11,356,000 | 20,930,000 |
| Noninterest income | 2,645,000 | 5,585,000 |
| Noninterest expense | 8,522,000 | 16,753,000 |
| Provision for loan losses | 924,000 | 520,000 |
| Pretax income | 4,483,000 | 9,150,000 |
| Income tax | 863,000 | 1,526,000 |
| Net income | 3,620,000 | 7,624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 155,812,000 | 158,632,000 |
| Total capital | 171,829,000 | 174,607,000 |
| Risk-weighted assets | 1,280,900,000 | 1,277,948,000 |