Call reports 2004
BANK OF SALEM — 2004
What BANK OF SALEM reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 103,490,000 | 103,684,000 | 104,024,000 | 104,675,000 |
| Total loans | 77,504,000 | 80,442,000 | 79,256,000 | 81,377,000 |
| Allowance for loan losses | 1,156,000 | 1,203,000 | 1,233,000 | 1,203,000 |
| Securities available for sale | 7,072,000 | 7,452,000 | 7,940,000 | 7,730,000 |
| Securities held to maturity | 5,621,000 | 6,066,000 | 5,927,000 | 5,692,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,013,000 | 91,075,000 | 90,953,000 | 91,498,000 |
| Interest-bearing deposits | 78,417,000 | 78,426,000 | 77,536,000 | 77,941,000 |
| Noninterest-bearing deposits | 11,596,000 | 12,649,000 | 13,417,000 | 13,557,000 |
| Equity capital | 9,648,000 | 9,173,000 | 9,575,000 | 9,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,496,000 | 3,008,000 | 4,570,000 | 6,135,000 |
| Interest expense | 465,000 | 935,000 | 1,405,000 | 1,895,000 |
| Net interest income | 1,031,000 | 2,073,000 | 3,165,000 | 4,240,000 |
| Noninterest income | 166,000 | 367,000 | 566,000 | 780,000 |
| Noninterest expense | 705,000 | 1,397,000 | 2,090,000 | 3,064,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 417,000 | 893,000 | 1,416,000 | 1,657,000 |
| Income tax | 153,000 | 336,000 | 579,000 | 541,000 |
| Net income | 264,000 | 557,000 | 837,000 | 1,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,630,000 | 9,323,000 | 9,603,000 | 9,882,000 |
| Total capital | 10,558,000 | 10,271,000 | 10,532,000 | 10,840,000 |
| Risk-weighted assets | 73,983,000 | 75,593,000 | 74,445,000 | 76,415,000 |