Call reports 2011
BANK OF SALEM — 2011
What BANK OF SALEM reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 131,601,000 | 129,277,000 | 129,692,000 | 130,087,000 |
| Total loans | 112,298,000 | 112,752,000 | 108,610,000 | 108,000,000 |
| Allowance for loan losses | 1,901,000 | 2,303,000 | 2,057,000 | 2,351,000 |
| Securities available for sale | 1,854,000 | 2,386,000 | 2,404,000 | 2,716,000 |
| Securities held to maturity | 355,000 | 205,000 | 205,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,595,000 | 110,228,000 | 111,147,000 | 111,368,000 |
| Interest-bearing deposits | 94,860,000 | 94,406,000 | 94,064,000 | 93,966,000 |
| Noninterest-bearing deposits | 17,735,000 | 15,822,000 | 17,083,000 | 17,402,000 |
| Equity capital | 13,766,000 | 14,086,000 | 13,643,000 | 13,926,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,940,000 | 4,044,000 | 6,056,000 | 8,046,000 |
| Interest expense | 424,000 | 832,000 | 1,221,000 | 1,583,000 |
| Net interest income | 1,516,000 | 3,212,000 | 4,835,000 | 6,463,000 |
| Noninterest income | 188,000 | 406,000 | 571,000 | 727,000 |
| Noninterest expense | 900,000 | 1,878,000 | 2,827,000 | 3,877,000 |
| Provision for loan losses | 300,000 | 700,000 | 1,115,000 | 1,980,000 |
| Pretax income | 504,000 | 1,040,000 | 1,464,000 | 1,333,000 |
| Income tax | 210,000 | 446,000 | 626,000 | 214,000 |
| Net income | 294,000 | 594,000 | 838,000 | 1,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,766,000 | 14,069,000 | 13,613,000 | 13,794,000 |
| Total capital | 15,081,000 | 15,327,000 | 14,885,000 | 15,081,000 |
| Risk-weighted assets | 104,580,000 | 104,264,000 | 100,980,000 | 101,865,000 |