Call reports 2015
BANK OF SALEM — 2015
What BANK OF SALEM reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 130,062,000 | 129,927,000 | 127,743,000 | 127,789,000 |
| Total loans | 107,262,000 | 107,292,000 | 109,642,000 | 106,776,000 |
| Allowance for loan losses | 2,590,000 | 2,655,000 | 2,690,000 | 2,690,000 |
| Securities available for sale | 2,826,000 | 2,811,000 | 2,317,000 | 1,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,449,000 | 110,125,000 | 109,586,000 | 111,490,000 |
| Interest-bearing deposits | 87,781,000 | 86,882,000 | 86,518,000 | 87,705,000 |
| Noninterest-bearing deposits | 22,668,000 | 23,243,000 | 23,068,000 | 23,785,000 |
| Equity capital | 16,135,000 | 16,510,000 | 12,908,000 | 13,280,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,688,000 | 3,405,000 | 5,135,000 | 6,841,000 |
| Interest expense | 201,000 | 391,000 | 580,000 | 770,000 |
| Net interest income | 1,487,000 | 3,014,000 | 4,555,000 | 6,071,000 |
| Noninterest income | 149,000 | 301,000 | 454,000 | 619,000 |
| Noninterest expense | 919,000 | 1,913,000 | 2,911,000 | 3,961,000 |
| Provision for loan losses | 75,000 | 140,000 | 205,000 | 205,000 |
| Pretax income | 642,000 | 1,262,000 | 1,893,000 | 2,524,000 |
| Income tax | 243,000 | 478,000 | 718,000 | 972,000 |
| Net income | 399,000 | 784,000 | 1,175,000 | 1,552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,115,000 | 16,507,000 | 12,898,000 | 13,276,000 |
| Total capital | 17,395,000 | 17,773,000 | 14,216,000 | 14,569,000 |
| Risk-weighted assets | 101,133,000 | 99,886,000 | 104,084,000 | 102,020,000 |