Call reports 2005
BANK OF SALEM — 2005
What BANK OF SALEM reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 106,053,000 | 107,283,000 | 106,335,000 | 106,839,000 |
| Total loans | 83,643,000 | 84,092,000 | 86,405,000 | 86,357,000 |
| Allowance for loan losses | 1,122,000 | 1,177,000 | 1,251,000 | 1,305,000 |
| Securities available for sale | 7,637,000 | 8,173,000 | 8,084,000 | 8,014,000 |
| Securities held to maturity | 4,943,000 | 4,938,000 | 4,934,000 | 4,929,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,560,000 | 93,481,000 | 90,493,000 | 91,677,000 |
| Interest-bearing deposits | 78,997,000 | 79,804,000 | 77,539,000 | 79,745,000 |
| Noninterest-bearing deposits | 13,563,000 | 13,677,000 | 12,954,000 | 11,932,000 |
| Equity capital | 10,050,000 | 10,414,000 | 10,085,000 | 10,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,574,000 | 3,222,000 | 4,897,000 | 6,726,000 |
| Interest expense | 500,000 | 1,041,000 | 1,629,000 | 2,283,000 |
| Net interest income | 1,074,000 | 2,181,000 | 3,268,000 | 4,443,000 |
| Noninterest income | 250,000 | 457,000 | 695,000 | 907,000 |
| Noninterest expense | 727,000 | 1,478,000 | 2,224,000 | 3,210,000 |
| Provision for loan losses | 107,000 | 182,000 | 257,000 | 332,000 |
| Pretax income | 490,000 | 978,000 | 1,474,000 | 1,800,000 |
| Income tax | 199,000 | 409,000 | 634,000 | 709,000 |
| Net income | 291,000 | 569,000 | 840,000 | 1,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,173,000 | 10,451,000 | 10,179,000 | 10,416,000 |
| Total capital | 11,151,000 | 11,429,000 | 11,176,000 | 11,408,000 |
| Risk-weighted assets | 78,072,000 | 78,101,000 | 79,530,000 | 79,056,000 |