Call reports 2001
BANK OF SALEM — 2001
What BANK OF SALEM reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 87,918,000 | 89,862,000 | 90,177,000 | 94,232,000 |
| Total loans | 71,931,000 | 71,933,000 | 75,089,000 | 78,899,000 |
| Allowance for loan losses | 943,000 | 989,000 | 1,050,000 | 1,080,000 |
| Securities available for sale | 6,262,000 | 4,961,000 | 5,076,000 | 4,667,000 |
| Securities held to maturity | 4,128,000 | 4,613,000 | 4,614,000 | 5,690,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,920,000 | 79,002,000 | 79,582,000 | 81,519,000 |
| Interest-bearing deposits | 68,519,000 | 69,169,000 | 69,965,000 | 71,864,000 |
| Noninterest-bearing deposits | 8,401,000 | 9,833,000 | 9,617,000 | 9,655,000 |
| Equity capital | 7,770,000 | 8,061,000 | 7,956,000 | 8,218,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,934,000 | 3,842,000 | 5,727,000 | 7,566,000 |
| Interest expense | 917,000 | 1,809,000 | 2,639,000 | 3,382,000 |
| Net interest income | 1,017,000 | 2,033,000 | 3,088,000 | 4,184,000 |
| Noninterest income | 51,000 | 116,000 | 171,000 | 272,000 |
| Noninterest expense | 551,000 | 1,096,000 | 1,673,000 | 2,434,000 |
| Provision for loan losses | 75,000 | 155,000 | 225,000 | 305,000 |
| Pretax income | 450,000 | 906,000 | 1,369,000 | 1,725,000 |
| Income tax | 180,000 | 345,000 | 540,000 | 615,000 |
| Net income | 270,000 | 561,000 | 829,000 | 1,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,738,000 | 8,029,000 | 7,897,000 | 8,178,000 |
| Total capital | 8,464,000 | 8,879,000 | 8,760,000 | 9,083,000 |
| Risk-weighted assets | 67,718,000 | 67,862,000 | 68,846,000 | 72,222,000 |