Call reports 2021
BANK OF SALEM — 2021
What BANK OF SALEM reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 172,746,000 | 171,796,000 | 173,329,000 | 177,399,000 |
| Total loans | 117,139,000 | 116,669,000 | 117,687,000 | 118,517,000 |
| Allowance for loan losses | 2,273,000 | 2,313,000 | 2,449,000 | 2,449,000 |
| Securities available for sale | 13,648,000 | 16,798,000 | 16,180,000 | 16,586,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,214,000 | 153,315,000 | 154,539,000 | 158,342,000 |
| Interest-bearing deposits | 110,720,000 | 111,713,000 | 110,083,000 | 113,646,000 |
| Noninterest-bearing deposits | 43,494,000 | 41,602,000 | 44,456,000 | 44,696,000 |
| Equity capital | 18,284,000 | 18,222,000 | 18,474,000 | 18,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,172,000 | 4,272,000 | 6,192,000 | 8,124,000 |
| Interest expense | 273,000 | 525,000 | 741,000 | 937,000 |
| Net interest income | 1,899,000 | 3,747,000 | 5,451,000 | 7,187,000 |
| Noninterest income | 244,000 | 538,000 | 768,000 | 1,019,000 |
| Noninterest expense | 1,090,000 | 2,121,000 | 3,214,000 | 4,407,000 |
| Provision for loan losses | 50,000 | 85,000 | 85,000 | 85,000 |
| Pretax income | 1,003,000 | 2,079,000 | 2,920,000 | 3,714,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,003,000 | 2,079,000 | 2,920,000 | 3,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,307,000 | 18,233,000 | 18,474,000 | 19,018,000 |