Call reports 2006
BANK OF SALEM — 2006
What BANK OF SALEM reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 110,702,000 | 115,209,000 | 117,604,000 | 118,849,000 |
| Total loans | 90,438,000 | 95,537,000 | 98,126,000 | 100,038,000 |
| Allowance for loan losses | 1,253,000 | 1,267,000 | 1,277,000 | 1,234,000 |
| Securities available for sale | 9,197,000 | 9,625,000 | 9,788,000 | 8,820,000 |
| Securities held to maturity | 3,326,000 | 2,369,000 | 2,081,000 | 2,079,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,200,000 | 90,761,000 | 93,947,000 | 96,293,000 |
| Interest-bearing deposits | 80,602,000 | 78,747,000 | 81,395,000 | 83,504,000 |
| Noninterest-bearing deposits | 12,598,000 | 12,014,000 | 12,552,000 | 12,789,000 |
| Equity capital | 10,525,000 | 10,106,000 | 10,544,000 | 10,934,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,744,000 | 3,640,000 | 5,724,000 | 7,891,000 |
| Interest expense | 694,000 | 1,492,000 | 2,422,000 | 3,438,000 |
| Net interest income | 1,050,000 | 2,148,000 | 3,302,000 | 4,453,000 |
| Noninterest income | 189,000 | 441,000 | 623,000 | 839,000 |
| Noninterest expense | 749,000 | 1,543,000 | 2,306,000 | 3,293,000 |
| Provision for loan losses | 0 | 28,000 | 28,000 | 21,000 |
| Pretax income | 490,000 | 1,018,000 | 1,591,000 | 1,978,000 |
| Income tax | 212,000 | 418,000 | 650,000 | 725,000 |
| Net income | 278,000 | 600,000 | 941,000 | 1,253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,694,000 | 10,316,000 | 10,658,000 | 11,030,000 |
| Total capital | 11,745,000 | 11,445,000 | 11,811,000 | 12,206,000 |
| Risk-weighted assets | 83,850,000 | 90,207,000 | 92,117,000 | 94,017,000 |