Call reports 2014
BANK OF SALEM — 2014
What BANK OF SALEM reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 129,980,000 | 130,309,000 | 128,252,000 | 128,530,000 |
| Total loans | 105,768,000 | 103,299,000 | 101,993,000 | 105,055,000 |
| Allowance for loan losses | 2,669,000 | 2,782,000 | 2,714,000 | 2,551,000 |
| Securities available for sale | 2,300,000 | 3,322,000 | 3,814,000 | 3,816,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,959,000 | 111,045,000 | 109,393,000 | 109,594,000 |
| Interest-bearing deposits | 90,631,000 | 89,374,000 | 87,407,000 | 88,427,000 |
| Noninterest-bearing deposits | 20,328,000 | 21,671,000 | 21,986,000 | 21,167,000 |
| Equity capital | 15,604,000 | 15,995,000 | 15,359,000 | 15,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,692,000 | 3,451,000 | 5,151,000 | 6,781,000 |
| Interest expense | 231,000 | 462,000 | 684,000 | 893,000 |
| Net interest income | 1,461,000 | 2,989,000 | 4,467,000 | 5,888,000 |
| Noninterest income | 184,000 | 368,000 | 476,000 | 663,000 |
| Noninterest expense | 892,000 | 1,878,000 | 2,806,000 | 3,837,000 |
| Provision for loan losses | 129,000 | 255,000 | 297,000 | 311,000 |
| Pretax income | 624,000 | 1,224,000 | 1,840,000 | 2,403,000 |
| Income tax | 239,000 | 455,000 | 701,000 | 900,000 |
| Net income | 385,000 | 769,000 | 1,139,000 | 1,503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,605,000 | 15,989,000 | 15,359,000 | 15,723,000 |
| Total capital | 16,858,000 | 17,233,000 | 16,584,000 | 16,978,000 |
| Risk-weighted assets | 98,840,000 | 98,020,000 | 96,498,000 | 99,107,000 |