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 The North Salem State Bank
The North Salem State Bank
| RSSD ID 947749 | CERTIFICATE 8063 | ABA NUMBER 74908688 |
| 7 N Broadway St |
Quarter Ended : |
2025-03-31 |
| North Salem, Indiana, 46165 |
Updated : |
2025-04-25 |
| www.nssb.bank |
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| Institution Profile |
| Year Opened : |
1923 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
103 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 676,966 |
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Total Interest Income | 10,147 |
| Total Liabilities | 620,488 |
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Total NonInterest Income | 822 |
| Total Bank Equity Capital | 56,478 |
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Total Interest Expense | 3,263 |
| Total Deposits | 601,995 |
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Total NonInterest Expense | 4,095 |
| Net Loans & Leases | 560,090 |
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Net Income | 2,732 |
| Loan Loss Allowance | 9,486 |
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Net Charge Offs | (6) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 66,597 |
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Total loans | 560,170 |
| Total assets for the leverage ratio | 663,497 |
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Loans secured by real estate: | 473,458 |
| Tier 1 Leverage Ratio | 8.96 |
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Commercial and industrial loans | 42,385 |
| Tier 1 Capital Ratio | 10.45 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.71 |
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Loans to individuals - Other | 16,061 |
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:· The North Salem State Bank
