Call reports 2018
BANK OF SALEM — 2018
What BANK OF SALEM reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 136,768,000 | 137,524,000 | 134,230,000 | 134,899,000 |
| Total loans | 109,135,000 | 110,018,000 | 109,884,000 | 110,061,000 |
| Allowance for loan losses | 2,287,000 | 2,280,000 | 2,256,000 | 2,256,000 |
| Securities available for sale | 3,736,000 | 3,719,000 | 3,456,000 | 3,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,115,000 | 121,259,000 | 118,497,000 | 118,832,000 |
| Interest-bearing deposits | 92,836,000 | 90,881,000 | 89,756,000 | 89,953,000 |
| Noninterest-bearing deposits | 28,279,000 | 30,378,000 | 28,741,000 | 28,879,000 |
| Equity capital | 15,287,000 | 15,789,000 | 15,165,000 | 15,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,682,000 | 3,446,000 | 5,206,000 | 6,981,000 |
| Interest expense | 210,000 | 440,000 | 698,000 | 995,000 |
| Net interest income | 1,472,000 | 3,006,000 | 4,508,000 | 5,986,000 |
| Noninterest income | 219,000 | 441,000 | 605,000 | 857,000 |
| Noninterest expense | 1,025,000 | 2,044,000 | 3,035,000 | 4,016,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 666,000 | 1,403,000 | 2,078,000 | 2,827,000 |
| Income tax | 186,000 | 409,000 | 597,000 | 771,000 |
| Net income | 480,000 | 994,000 | 1,481,000 | 2,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,344,000 | 15,858,000 | 15,245,000 | 15,820,000 |
| Total capital | 16,676,000 | 17,185,000 | 16,570,000 | 17,138,000 |
| Risk-weighted assets | 105,606,000 | 105,225,000 | 105,084,000 | 104,538,000 |