Call reports 2022
BANK OF SALEM — 2022
What BANK OF SALEM reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 177,643,000 | 182,794,000 | 179,839,000 | 178,169,000 |
| Total loans | 116,120,000 | 113,761,000 | 117,636,000 | 121,961,000 |
| Allowance for loan losses | 2,437,000 | 2,402,000 | 2,410,000 | 2,409,000 |
| Securities available for sale | 16,261,000 | 17,328,000 | 18,120,000 | 18,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,258,000 | 164,735,000 | 161,685,000 | 159,159,000 |
| Interest-bearing deposits | 113,901,000 | 114,461,000 | 113,909,000 | 113,757,000 |
| Noninterest-bearing deposits | 45,357,000 | 50,274,000 | 47,776,000 | 45,402,000 |
| Equity capital | 18,231,000 | 17,865,000 | 17,887,000 | 18,866,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,878,000 | 3,818,000 | 5,861,000 | 8,016,000 |
| Interest expense | 180,000 | 351,000 | 559,000 | 934,000 |
| Net interest income | 1,698,000 | 3,467,000 | 5,302,000 | 7,082,000 |
| Noninterest income | 250,000 | 489,000 | 714,000 | 938,000 |
| Noninterest expense | 1,072,000 | 2,165,000 | 3,265,000 | 4,592,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 10,000 |
| Pretax income | 876,000 | 1,781,000 | 2,741,000 | 3,418,000 |
| Income tax | 0 | 45,000 | 86,000 | 132,000 |
| Net income | 876,000 | 1,736,000 | 2,655,000 | 3,286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,144,000 | 19,029,000 | 19,497,000 | 20,129,000 |