Call reports 2007
BANK OF SALEM — 2007
What BANK OF SALEM reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 119,858,000 | 120,630,000 | 122,763,000 | 121,294,000 |
| Total loans | 98,051,000 | 101,352,000 | 104,245,000 | 101,617,000 |
| Allowance for loan losses | 1,209,000 | 1,200,000 | 1,216,000 | 1,343,000 |
| Securities available for sale | 9,354,000 | 9,284,000 | 9,414,000 | 8,506,000 |
| Securities held to maturity | 1,583,000 | 1,393,000 | 1,174,000 | 1,174,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,191,000 | 100,094,000 | 102,838,000 | 102,285,000 |
| Interest-bearing deposits | 85,672,000 | 86,971,000 | 88,678,000 | 88,926,000 |
| Noninterest-bearing deposits | 14,519,000 | 13,123,000 | 14,160,000 | 13,359,000 |
| Equity capital | 11,343,000 | 11,650,000 | 11,371,000 | 11,615,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,165,000 | 4,403,000 | 6,745,000 | 9,103,000 |
| Interest expense | 987,000 | 2,003,000 | 3,046,000 | 4,074,000 |
| Net interest income | 1,178,000 | 2,400,000 | 3,699,000 | 5,029,000 |
| Noninterest income | 205,000 | 430,000 | 637,000 | 928,000 |
| Noninterest expense | 836,000 | 1,696,000 | 2,580,000 | 3,769,000 |
| Provision for loan losses | 0 | 0 | 80,000 | 300,000 |
| Pretax income | 547,000 | 1,134,000 | 1,676,000 | 1,880,000 |
| Income tax | 180,000 | 419,000 | 619,000 | 611,000 |
| Net income | 367,000 | 715,000 | 1,057,000 | 1,269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,420,000 | 11,768,000 | 11,411,000 | 11,622,000 |
| Total capital | 12,568,000 | 12,959,000 | 12,624,000 | 12,794,000 |
| Risk-weighted assets | 92,387,000 | 95,281,000 | 97,486,000 | 93,616,000 |