Call reports 2017
BANK OF SALEM — 2017
What BANK OF SALEM reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 133,446,000 | 133,013,000 | 133,750,000 | 134,169,000 |
| Total loans | 104,490,000 | 108,171,000 | 109,370,000 | 107,732,000 |
| Allowance for loan losses | 2,690,000 | 2,693,000 | 2,606,000 | 2,257,000 |
| Securities available for sale | 3,663,000 | 3,400,000 | 3,398,000 | 3,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,071,000 | 115,256,000 | 116,550,000 | 119,223,000 |
| Interest-bearing deposits | 88,686,000 | 88,577,000 | 90,177,000 | 91,490,000 |
| Noninterest-bearing deposits | 27,385,000 | 26,679,000 | 26,373,000 | 27,733,000 |
| Equity capital | 14,281,000 | 14,720,000 | 14,119,000 | 14,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,648,000 | 3,315,000 | 5,028,000 | 6,726,000 |
| Interest expense | 197,000 | 404,000 | 621,000 | 858,000 |
| Net interest income | 1,451,000 | 2,911,000 | 4,407,000 | 5,868,000 |
| Noninterest income | 247,000 | 474,000 | 656,000 | 1,066,000 |
| Noninterest expense | 1,005,000 | 1,979,000 | 2,977,000 | 4,020,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 10,000 |
| Pretax income | 693,000 | 1,396,000 | 2,076,000 | 2,904,000 |
| Income tax | 279,000 | 569,000 | 849,000 | 929,000 |
| Net income | 414,000 | 827,000 | 1,227,000 | 1,975,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,303,000 | 14,717,000 | 14,119,000 | 14,864,000 |
| Total capital | 15,593,000 | 16,043,000 | 15,449,000 | 16,184,000 |
| Risk-weighted assets | 101,832,000 | 104,699,000 | 105,114,000 | 104,706,000 |