Call reports 2013
BANK OF SALEM — 2013
What BANK OF SALEM reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 129,803,000 | 127,888,000 | 128,226,000 | 129,891,000 |
| Total loans | 105,432,000 | 106,485,000 | 107,757,000 | 108,023,000 |
| Allowance for loan losses | 2,601,000 | 2,712,000 | 2,751,000 | 2,684,000 |
| Securities available for sale | 2,697,000 | 2,394,000 | 2,406,000 | 2,394,000 |
| Securities held to maturity | 70,000 | 70,000 | 70,000 | 70,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,113,000 | 108,022,000 | 108,632,000 | 111,065,000 |
| Interest-bearing deposits | 89,942,000 | 88,564,000 | 89,644,000 | 90,192,000 |
| Noninterest-bearing deposits | 20,171,000 | 19,458,000 | 18,988,000 | 20,873,000 |
| Equity capital | 14,940,000 | 15,349,000 | 14,885,000 | 15,215,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,858,000 | 3,722,000 | 5,533,000 | 7,408,000 |
| Interest expense | 252,000 | 496,000 | 736,000 | 975,000 |
| Net interest income | 1,606,000 | 3,226,000 | 4,797,000 | 6,433,000 |
| Noninterest income | 166,000 | 334,000 | 492,000 | 621,000 |
| Noninterest expense | 831,000 | 1,791,000 | 2,717,000 | 3,876,000 |
| Provision for loan losses | 135,000 | 270,000 | 360,000 | 360,000 |
| Pretax income | 806,000 | 1,499,000 | 2,212,000 | 2,818,000 |
| Income tax | 250,000 | 505,000 | 790,000 | 1,060,000 |
| Net income | 556,000 | 994,000 | 1,422,000 | 1,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,907,000 | 15,356,000 | 14,856,000 | 15,220,000 |
| Total capital | 16,139,000 | 16,562,000 | 16,113,000 | 16,485,000 |
| Risk-weighted assets | 97,158,000 | 97,656,000 | 99,062,000 | 99,809,000 |