Call reports 2015
SALEM CO-OPERATIVE BANK — 2015
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 403,129,000 | 393,107,000 | 398,353,000 | 397,608,000 |
| Total loans | 271,227,000 | 273,038,000 | 281,819,000 | 280,944,000 |
| Allowance for loan losses | 2,274,000 | 2,310,000 | 2,323,000 | 2,328,000 |
| Securities available for sale | 97,347,000 | 90,109,000 | 86,489,000 | 84,091,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,452,000 | 262,195,000 | 264,955,000 | 264,136,000 |
| Interest-bearing deposits | 217,378,000 | 215,978,000 | 217,629,000 | 218,523,000 |
| Noninterest-bearing deposits | 45,074,000 | 46,217,000 | 47,326,000 | 45,613,000 |
| Equity capital | 62,373,000 | 61,286,000 | 62,616,000 | 62,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,496,000 | 6,962,000 | 10,485,000 | 14,010,000 |
| Interest expense | 875,000 | 1,761,000 | 2,622,000 | 3,491,000 |
| Net interest income | 2,621,000 | 5,201,000 | 7,863,000 | 10,519,000 |
| Noninterest income | 146,000 | 330,000 | 632,000 | 761,000 |
| Noninterest expense | 2,281,000 | 4,486,000 | 6,876,000 | 9,275,000 |
| Provision for loan losses | 178,000 | 214,000 | 280,000 | 280,000 |
| Pretax income | 308,000 | 831,000 | 1,339,000 | 1,769,000 |
| Income tax | -12,000 | 80,000 | 194,000 | 241,000 |
| Net income | 320,000 | 751,000 | 1,145,000 | 1,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,663,000 | 62,094,000 | 62,488,000 | 62,871,000 |
| Total capital | 63,937,000 | 64,404,000 | 64,811,000 | 65,199,000 |
| Risk-weighted assets | 200,845,000 | 197,813,000 | 207,583,000 | 207,363,000 |