Call reports 2016
SALEM CO-OPERATIVE BANK — 2016
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 398,720,000 | 401,231,000 | 408,294,000 | 414,865,000 |
| Total loans | 284,808,000 | 290,924,000 | 299,184,000 | 310,668,000 |
| Allowance for loan losses | 2,328,000 | 2,336,000 | 2,421,000 | 2,505,000 |
| Securities available for sale | 82,034,000 | 80,559,000 | 76,109,000 | 71,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,263,000 | 266,781,000 | 271,866,000 | 273,155,000 |
| Interest-bearing deposits | 220,305,000 | 216,368,000 | 218,648,000 | 220,835,000 |
| Noninterest-bearing deposits | 47,958,000 | 50,413,000 | 53,218,000 | 52,320,000 |
| Equity capital | 63,353,000 | 64,401,000 | 64,775,000 | 64,755,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,509,000 | 7,013,000 | 10,541,000 | 14,065,000 |
| Interest expense | 832,000 | 1,642,000 | 2,426,000 | 3,198,000 |
| Net interest income | 2,677,000 | 5,371,000 | 8,115,000 | 10,867,000 |
| Noninterest income | 179,000 | 407,000 | 525,000 | 887,000 |
| Noninterest expense | 2,395,000 | 4,653,000 | 6,988,000 | 9,414,000 |
| Provision for loan losses | 0 | 8,000 | 93,000 | 177,000 |
| Pretax income | 461,000 | 1,117,000 | 1,576,000 | 2,537,000 |
| Income tax | 86,000 | 271,000 | 434,000 | 665,000 |
| Net income | 375,000 | 846,000 | 1,142,000 | 1,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,246,000 | 63,717,000 | 64,013,000 | 64,743,000 |
| Total capital | 65,574,000 | 66,053,000 | 66,434,000 | 67,248,000 |
| Risk-weighted assets | 209,274,000 | 214,744,000 | 225,751,000 | 233,245,000 |