Call reports 2017
SALEM CO-OPERATIVE BANK — 2017
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 415,195,000 | 422,697,000 | 421,556,000 | 421,264,000 |
| Total loans | 314,408,000 | 322,015,000 | 324,245,000 | 329,156,000 |
| Allowance for loan losses | 2,531,000 | 2,624,000 | 2,617,000 | 2,651,000 |
| Securities available for sale | 70,545,000 | 68,267,000 | 63,934,000 | 61,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 278,818,000 | 277,226,000 | 276,672,000 | 270,881,000 |
| Interest-bearing deposits | 222,566,000 | 221,045,000 | 220,125,000 | 216,007,000 |
| Noninterest-bearing deposits | 56,252,000 | 56,181,000 | 56,547,000 | 54,874,000 |
| Equity capital | 65,252,000 | 66,185,000 | 66,607,000 | 66,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,635,000 | 7,325,000 | 11,045,000 | 14,768,000 |
| Interest expense | 759,000 | 1,560,000 | 2,401,000 | 3,267,000 |
| Net interest income | 2,876,000 | 5,765,000 | 8,644,000 | 11,501,000 |
| Noninterest income | 235,000 | 470,000 | 725,000 | 975,000 |
| Noninterest expense | 2,654,000 | 5,101,000 | 7,546,000 | 10,080,000 |
| Provision for loan losses | 26,000 | 119,000 | 192,000 | 226,000 |
| Pretax income | 431,000 | 1,015,000 | 1,631,000 | 2,170,000 |
| Income tax | 64,000 | 198,000 | 324,000 | 1,332,000 |
| Net income | 367,000 | 817,000 | 1,307,000 | 838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,110,000 | 65,561,000 | 66,050,000 | 65,581,000 |
| Total capital | 67,641,000 | 68,185,000 | 68,667,000 | 68,232,000 |
| Risk-weighted assets | 235,723,000 | 241,454,000 | 243,537,000 | 246,584,000 |