Call reports 2016
BANK OF SALEM — 2016
What BANK OF SALEM reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 131,092,000 | 130,542,000 | 129,443,000 | 129,938,000 |
| Total loans | 105,245,000 | 105,915,000 | 106,845,000 | 107,560,000 |
| Allowance for loan losses | 2,727,000 | 2,712,000 | 2,709,000 | 2,700,000 |
| Securities available for sale | 2,390,000 | 3,254,000 | 2,749,000 | 3,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,273,000 | 113,421,000 | 112,967,000 | 113,316,000 |
| Interest-bearing deposits | 87,975,000 | 87,663,000 | 86,983,000 | 87,268,000 |
| Noninterest-bearing deposits | 26,298,000 | 25,758,000 | 25,984,000 | 26,048,000 |
| Equity capital | 13,665,000 | 14,086,000 | 13,478,000 | 13,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,664,000 | 3,334,000 | 5,048,000 | 6,749,000 |
| Interest expense | 188,000 | 383,000 | 581,000 | 781,000 |
| Net interest income | 1,476,000 | 2,951,000 | 4,467,000 | 5,968,000 |
| Noninterest income | 203,000 | 354,000 | 486,000 | 655,000 |
| Noninterest expense | 1,006,000 | 1,944,000 | 2,940,000 | 3,933,000 |
| Provision for loan losses | 55,000 | 55,000 | 65,000 | 65,000 |
| Pretax income | 618,000 | 1,306,000 | 1,948,000 | 2,625,000 |
| Income tax | 231,000 | 503,000 | 751,000 | 1,011,000 |
| Net income | 387,000 | 803,000 | 1,197,000 | 1,614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,663,000 | 14,078,000 | 13,473,000 | 13,889,000 |
| Total capital | 14,956,000 | 15,369,000 | 14,774,000 | 15,188,000 |
| Risk-weighted assets | 102,008,000 | 101,796,000 | 102,702,000 | 102,539,000 |