Call reports 2010
BANK OF SALEM — 2010
What BANK OF SALEM reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 129,239,000 | 127,754,000 | 132,836,000 | 130,151,000 |
| Total loans | 108,481,000 | 110,704,000 | 110,625,000 | 111,271,000 |
| Allowance for loan losses | 1,825,000 | 1,857,000 | 1,793,000 | 1,752,000 |
| Securities available for sale | 2,322,000 | 1,822,000 | 1,303,000 | 1,822,000 |
| Securities held to maturity | 420,000 | 420,000 | 420,000 | 420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,246,000 | 105,291,000 | 111,378,000 | 111,548,000 |
| Interest-bearing deposits | 91,704,000 | 89,066,000 | 93,763,000 | 93,974,000 |
| Noninterest-bearing deposits | 16,542,000 | 16,225,000 | 17,615,000 | 17,574,000 |
| Equity capital | 13,283,000 | 13,600,000 | 13,188,000 | 13,450,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,056,000 | 4,162,000 | 6,187,000 | 8,321,000 |
| Interest expense | 528,000 | 1,042,000 | 1,547,000 | 2,080,000 |
| Net interest income | 1,528,000 | 3,120,000 | 4,640,000 | 6,241,000 |
| Noninterest income | 208,000 | 330,000 | 524,000 | 816,000 |
| Noninterest expense | 909,000 | 1,859,000 | 2,880,000 | 4,021,000 |
| Provision for loan losses | 302,000 | 461,000 | 569,000 | 852,000 |
| Pretax income | 525,000 | 1,130,000 | 1,715,000 | 2,184,000 |
| Income tax | 201,000 | 493,000 | 738,000 | 904,000 |
| Net income | 324,000 | 637,000 | 977,000 | 1,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,270,000 | 13,583,000 | 13,173,000 | 13,475,000 |
| Total capital | 14,548,000 | 14,834,000 | 14,448,000 | 14,772,000 |
| Risk-weighted assets | 101,719,000 | 99,443,000 | 103,231,000 | 103,334,000 |