Bank of Salem in city_name, state_name - Detailed Financial Reports, Location

Bank of Salem in Salem, Missouri (MO)
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Bank of Salem routing number info

Bank of Salem - Overview

General
FDIC Certificate #: 14349
Status: Active
Federal Reserve ID: 426758
Bank Holding Company (Regulatory Top Holder): Salem Bancshares, Inc. (RSSDID: 2234939, Location: Salem, MO)
Date Established: October 10, 1883
WWW: http://www.thebankofsalem.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 15906
FDIC's unique #: 8966
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: May 10, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 100 West Fourth Street, Salem, MO 65560
County: Dent
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Mo
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $80.3 mil
Equity capital: $8.7 mil
Deposits held in domestic offices: $71.1 mil
Return on assets (ROA): 0.55% ($0.4 mil)
Quarterly return on assets: 0.40% ($0.3 mil)
Return on Equity (ROE): 4.84% ($0.4 mil)
Quarterly return on equity: 3.58% ($0.3 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.75% ($602.6 mil)
Quarterly Pretax return on assets: 0.53% ($425.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
29Total employees (full-time equivalent)
$80,344Total assets
$7,527Cash and due from depository institutions
$2,455Interest-bearing balances
$16,042Securities
$1,475Federal funds sold & reverse repurchase agreements
$49,818Net loans & leases
$497Loan loss allowance
$0Trading account assets
$2,972Bank premises and fixed assets
$166Other real estate owned
$0Goodwill and other intangibles
$80,344Life insurance assets
$2,344All other assets
$71,670Total liabilities and capital
$71,111Total liabilities
$58,873Total deposits
$71,111Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$559Subordinated debt
$8,674All other liabilities
$8,674Total equity capital
$8,674Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$200Surplus
$8,274Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$440Long-term assets (5+ years)
$69,790Average Assets, year-to-date
$19,004Average Assets, quarterly
$77,776Volatile liabilities
$78,873Insider loans
$45,980FHLB advances
$77,406Loans and leases held for sale
$1,030Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,483Tier 2 risk-based capital
$0Total risk weighted assets
$1,030Total unused commitments
$2,959Restructured Loans and leases
$1,053Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,391Total interest income
$557Total interest expense
$2,834Net interest income
$50Provision for loan and lease losses
$460Total noninterest income
$0Fiduciary activities
$258Service charges on deposit accounts
$0Trading account gains & fees
$202Additional noninterest income
$2,660Total noninterest expense
$1,476Salaries and employee benefits
$299Premises and equipment expense
$885Additional noninterest expense
$584Pre-tax net operating income
$0Securities gains (losses)
$160Applicable income taxes
$424Income before extraordinary items
$0Extraordinary gains - net
$424Net income attributable to bank
$0Net charge-offs
$424Cash dividends
$28Sale, conversion, retirement of capital stock, net
$350Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
0.80%Cost of funding earning assets
4.06%Net interest margin
0.66%Noninterest income to earning assets
3.82%Noninterest expense to earning assets
0.55%Net operating income to assets
0.55%Return on assets (ROA)
0.75%Pretax return on assets
4.84%Return on equity (ROE)
0.84%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
178.57%Credit loss provision to net charge-offs
22.64%Efficiency ratio
80,753Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
82.55%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.00%Net loans and leases to deposits
70.06%Net loans and leases to core deposits
72.59%Equity capital to assets
10.80%Core capital (leverage) ratio
10.96%Tier 1 risk-based capital ratio
18.45%Total risk-based capital ratio
Memoranda
$20Average assets
$77,776Average earning assets
$8,758Average equity
$69,723Average loans

List of branches

2 Missouri Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	8966	Bank Of Salem	100 West Fourth Street, Salem, MO 65560	October 10, 1883	Full Service Brick and Mortar
1	231355	Bank Of Salem Drive-In Branch	1001 South Main Street, Salem, MO 65560	October 24, 1970	Full Service Brick and Mortar

Bank of Salem in Salem, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Salem - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Salem in Salem, Missouri (MO)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Salem - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Salem in Salem, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches