Call reports 2013
SALEM CO-OPERATIVE BANK — 2013
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 402,400,000 | 395,204,000 | 397,911,000 | 392,439,000 |
| Total loans | 239,734,000 | 249,843,000 | 258,469,000 | 259,476,000 |
| Allowance for loan losses | 1,841,000 | 1,917,000 | 1,988,000 | 1,993,000 |
| Securities available for sale | 119,726,000 | 113,298,000 | 106,731,000 | 103,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,450,000 | 271,874,000 | 266,577,000 | 260,007,000 |
| Interest-bearing deposits | 235,536,000 | 230,167,000 | 225,476,000 | 221,306,000 |
| Noninterest-bearing deposits | 40,914,000 | 41,707,000 | 41,101,000 | 38,701,000 |
| Equity capital | 60,031,000 | 58,989,000 | 58,556,000 | 58,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,671,000 | 7,320,000 | 10,939,000 | 14,508,000 |
| Interest expense | 991,000 | 1,941,000 | 2,817,000 | 3,688,000 |
| Net interest income | 2,680,000 | 5,379,000 | 8,122,000 | 10,820,000 |
| Noninterest income | 700,000 | 1,006,000 | 1,172,000 | 1,327,000 |
| Noninterest expense | 1,966,000 | 3,827,000 | 5,692,000 | 7,660,000 |
| Provision for loan losses | 87,000 | 166,000 | 237,000 | 242,000 |
| Pretax income | 1,327,000 | 2,392,000 | 3,365,000 | 4,245,000 |
| Income tax | 361,000 | 606,000 | 884,000 | 1,135,000 |
| Net income | 966,000 | 1,786,000 | 2,481,000 | 3,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,268,000 | 59,087,000 | 59,782,000 | 60,411,000 |
| Total capital | 60,109,000 | 61,004,000 | 61,770,000 | 62,404,000 |
| Risk-weighted assets | 190,301,000 | 196,764,000 | 201,540,000 | 201,796,000 |