Call reports 2019
BANK OF SALEM — 2019
What BANK OF SALEM reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 138,834,000 | 139,592,000 | 143,522,000 | 144,907,000 |
| Total loans | 108,592,000 | 109,026,000 | 114,485,000 | 118,318,000 |
| Allowance for loan losses | 2,251,000 | 2,207,000 | 2,210,000 | 2,068,000 |
| Securities available for sale | 3,720,000 | 3,047,000 | 2,809,000 | 2,170,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,026,000 | 122,165,000 | 126,779,000 | 127,965,000 |
| Interest-bearing deposits | 91,819,000 | 92,075,000 | 95,453,000 | 96,909,000 |
| Noninterest-bearing deposits | 30,207,000 | 30,090,000 | 31,326,000 | 31,056,000 |
| Equity capital | 16,320,000 | 16,859,000 | 16,112,000 | 16,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,769,000 | 3,621,000 | 5,526,000 | 7,497,000 |
| Interest expense | 325,000 | 679,000 | 1,057,000 | 1,454,000 |
| Net interest income | 1,444,000 | 2,942,000 | 4,469,000 | 6,043,000 |
| Noninterest income | 216,000 | 451,000 | 675,000 | 926,000 |
| Noninterest expense | 960,000 | 1,954,000 | 2,991,000 | 4,201,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 700,000 | 1,439,000 | 2,153,000 | 2,693,000 |
| Income tax | 182,000 | 399,000 | 586,000 | 584,000 |
| Net income | 518,000 | 1,040,000 | 1,567,000 | 2,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,338,000 | 16,860,000 | 16,103,000 | 16,645,000 |
| Total capital | 17,680,000 | 18,209,000 | 17,506,000 | 18,079,000 |
| Risk-weighted assets | 106,500,000 | 107,112,000 | 111,455,000 | 114,137,000 |