Call reports 2018
SALEM CO-OPERATIVE BANK — 2018
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 424,145,000 | 435,456,000 | 432,815,000 | 439,089,000 |
| Total loans | 334,736,000 | 339,866,000 | 338,272,000 | 349,182,000 |
| Allowance for loan losses | 2,693,000 | 2,714,000 | 2,714,000 | 2,769,000 |
| Securities available for sale | 60,536,000 | 65,507,000 | 65,819,000 | 63,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,099,000 | 292,359,000 | 301,243,000 | 318,294,000 |
| Interest-bearing deposits | 218,696,000 | 232,454,000 | 243,255,000 | 261,213,000 |
| Noninterest-bearing deposits | 57,403,000 | 59,905,000 | 57,988,000 | 57,081,000 |
| Equity capital | 65,913,000 | 66,100,000 | 66,125,000 | 66,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,783,000 | 7,710,000 | 11,706,000 | 15,731,000 |
| Interest expense | 930,000 | 2,004,000 | 3,235,000 | 4,557,000 |
| Net interest income | 2,853,000 | 5,706,000 | 8,471,000 | 11,174,000 |
| Noninterest income | 239,000 | 507,000 | 728,000 | 971,000 |
| Noninterest expense | 2,731,000 | 5,334,000 | 7,907,000 | 10,443,000 |
| Provision for loan losses | 43,000 | 63,000 | 63,000 | 118,000 |
| Pretax income | 318,000 | 816,000 | 1,229,000 | 1,584,000 |
| Income tax | 36,000 | 105,000 | 138,000 | 172,000 |
| Net income | 282,000 | 711,000 | 1,091,000 | 1,412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,863,000 | 66,293,000 | 66,672,000 | 66,994,000 |
| Total capital | 68,556,000 | 69,007,000 | 69,386,000 | 69,763,000 |
| Risk-weighted assets | 248,284,000 | 252,303,000 | 251,288,000 | 261,460,000 |