Call reports 2019
SALEM CO-OPERATIVE BANK — 2019
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 448,607,000 | 456,342,000 | 459,261,000 | 453,807,000 |
| Total loans | 355,927,000 | 360,024,000 | 364,065,000 | 360,885,000 |
| Allowance for loan losses | 2,851,000 | 2,873,000 | 2,889,000 | 2,889,000 |
| Securities available for sale | 63,446,000 | 66,832,000 | 66,712,000 | 65,661,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,900,000 | 324,693,000 | 326,019,000 | 306,269,000 |
| Interest-bearing deposits | 252,528,000 | 265,804,000 | 264,381,000 | 246,835,000 |
| Noninterest-bearing deposits | 58,372,000 | 58,889,000 | 61,638,000 | 59,434,000 |
| Equity capital | 67,068,000 | 67,658,000 | 68,134,000 | 68,194,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,149,000 | 8,368,000 | 12,665,000 | 16,907,000 |
| Interest expense | 1,428,000 | 2,958,000 | 4,517,000 | 5,986,000 |
| Net interest income | 2,721,000 | 5,410,000 | 8,148,000 | 10,921,000 |
| Noninterest income | 199,000 | 426,000 | 690,000 | 950,000 |
| Noninterest expense | 3,121,000 | 5,690,000 | 8,152,000 | 10,772,000 |
| Provision for loan losses | 82,000 | 104,000 | 120,000 | 120,000 |
| Pretax income | -283,000 | 42,000 | 566,000 | 979,000 |
| Income tax | -104,000 | -57,000 | 39,000 | 103,000 |
| Net income | -179,000 | 99,000 | 527,000 | 876,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,831,000 | 67,109,000 | 67,536,000 | 67,886,000 |
| Total capital | 69,682,000 | 69,982,000 | 70,425,000 | 70,775,000 |
| Risk-weighted assets | 270,637,000 | 273,553,000 | 275,800,000 | 271,817,000 |