Call reports 2022
SALEM CO-OPERATIVE BANK — 2022
What SALEM CO-OPERATIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 458,925,000 | 469,898,000 | 478,442,000 | 487,232,000 |
| Total loans | 364,111,000 | 379,938,000 | 389,228,000 | 403,625,000 |
| Allowance for loan losses | 3,070,000 | 3,070,000 | 3,172,000 | 3,114,000 |
| Securities available for sale | 54,815,000 | 55,667,000 | 55,066,000 | 51,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,032,000 | 371,733,000 | 398,401,000 | 385,881,000 |
| Interest-bearing deposits | 314,005,000 | 314,553,000 | 342,284,000 | 334,283,000 |
| Noninterest-bearing deposits | 55,027,000 | 57,180,000 | 56,117,000 | 51,598,000 |
| Equity capital | 69,307,000 | 67,598,000 | 66,369,000 | 66,059,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,415,000 | 6,994,000 | 10,831,000 | 14,900,000 |
| Interest expense | 378,000 | 712,000 | 1,389,000 | 2,508,000 |
| Net interest income | 3,037,000 | 6,282,000 | 9,442,000 | 12,392,000 |
| Noninterest income | 352,000 | 612,000 | 821,000 | 1,028,000 |
| Noninterest expense | 3,001,000 | 5,769,000 | 8,793,000 | 11,888,000 |
| Provision for loan losses | 0 | 0 | 102,000 | 102,000 |
| Pretax income | 388,000 | 1,125,000 | 1,368,000 | 1,430,000 |
| Income tax | 87,000 | 248,000 | 268,000 | 280,000 |
| Net income | 301,000 | 877,000 | 1,100,000 | 1,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,179,000 | 71,755,000 | 71,978,000 | 72,029,000 |
| Total capital | 74,249,000 | 74,825,000 | 75,150,000 | 75,143,000 |
| Risk-weighted assets | 286,201,000 | 303,453,000 | 312,423,000 | 325,336,000 |