Call reports 2009
BANK OF SALEM — 2009
What BANK OF SALEM reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 126,950,000 | 124,220,000 | 125,250,000 | 129,582,000 |
| Total loans | 104,551,000 | 106,727,000 | 110,549,000 | 109,642,000 |
| Allowance for loan losses | 1,476,000 | 1,386,000 | 1,385,000 | 1,584,000 |
| Securities available for sale | 3,563,000 | 1,330,000 | 1,340,000 | 1,331,000 |
| Securities held to maturity | 864,000 | 864,000 | 485,000 | 485,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,385,000 | 101,070,000 | 103,069,000 | 108,938,000 |
| Interest-bearing deposits | 86,574,000 | 85,749,000 | 88,101,000 | 92,099,000 |
| Noninterest-bearing deposits | 15,811,000 | 15,321,000 | 14,968,000 | 16,839,000 |
| Equity capital | 12,984,000 | 13,263,000 | 12,683,000 | 12,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,006,000 | 4,046,000 | 6,044,000 | 8,130,000 |
| Interest expense | 688,000 | 1,335,000 | 1,906,000 | 2,449,000 |
| Net interest income | 1,318,000 | 2,711,000 | 4,138,000 | 5,681,000 |
| Noninterest income | 215,000 | 441,000 | 688,000 | 962,000 |
| Noninterest expense | 853,000 | 1,814,000 | 2,737,000 | 3,770,000 |
| Provision for loan losses | 160,000 | 240,000 | 520,000 | 926,000 |
| Pretax income | 520,000 | 1,098,000 | 1,569,000 | 1,947,000 |
| Income tax | 180,000 | 470,000 | 630,000 | 716,000 |
| Net income | 340,000 | 628,000 | 939,000 | 1,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,967,000 | 13,255,000 | 12,666,000 | 12,958,000 |
| Total capital | 14,188,000 | 13,378,000 | 12,783,000 | 14,167,000 |
| Risk-weighted assets | 97,430,000 | 97,363,000 | 101,548,000 | 96,333,000 |