The North Salem State Bank
North Salem, IN
IDRSSD: 947749
Total Assets
$726.02M
Latest filing
Total Deposits
$641.36M
Latest filing
Net Interest Margin
4.45%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The North Salem State Bank
7 N Broadway St
North Salem, IN 46165
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/14/1923FDIC Certificate 5130
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| The North Salem State Bank (Main) | 7 N Broadway St | North Salem, IN |
| DANVILLE BRANCH | 704 W Main St | Danville, IN |
| GREENCASTLE BRANCH | 117 S Warren Dr | Greencastle, IN |
| DANVILLE OLD FARM BRANCH | 1500 E Main St | Danville, IN |
| LEBANON, IN BRANCH | 2202 N Lebanon St | Lebanon, IN |
| GREENCASTLE NORTH BRANCH | 1289 N Jackson St | Greencastle, IN |
| PLAINFIELD BRANCH | 2485 E Main St | Plainfield, IN |
| CLAYTON | 9 W Kentucky St | Clayton, IN |
Showing 7 of 8
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 07/14/1923 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 46165 |
| State and County Number | 18063 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Indianapolis-Carmel-Anderson, IN |
Operational Info
| Number of Employees | 107 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.nssb.bank |
| Data Updated | 11/14/2025 |
| CERT | 8063 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $726.02M |
| Total Deposits | $641.36M |
| Total Liabilities | $663.29M |
| Total Equity Capital | $62.73M |
| Net Income | $2.97M |
| Net Loans and Leases | $588.58M |
| Assets Per Employee ($Millions) | $7.41M |
| Bank Premises and Fixed Assets | $10.47M |
| Cash and Balances due from Depository Institutions | $8.01M |
| Deposits Held in Domestic Offices | $641.36M |
Key Performance Ratios
| Return on Assets (ROA) | 1.66% |
| Return on Equity (ROE) | 19.48% |
| Net Interest Margin | 4.45% |
| Efficiency Ratio | 51.52% |
| Tier 1 Risk-Based Capital Ratio | 11.018% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.14% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.64% |
| Earning Assets to total Assets | 94.73% |
Income and Expense
| Total Interest Income | $11.20M |
| Total Noninterest Income | $866.00k |
| Total Interest Expense | $3.67M |
| Total Noninterest Expense | $4.37M |
| Net Interest Income | $7.53M |
| Pre-tax Net Operating Income | $3.78M |
| Provision for Credit Losses | $243.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $15.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $51.13M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $6.93M |
| Total Liabilities and Capital | $726.02M |
Securities
| Securities | $47.11M |
| Available-for-sale debt securities | $47.11M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The North Salem State Bank?
$726.02M as of the latest filing.
How much are The North Salem State Bank's total deposits?
$641.36M in total deposits.
Where is The North Salem State Bank located?
North Salem, IN.
What is the Net Interest Margin?
4.45%.
How many domestic offices does it operate?
9.
When was it established?
07/14/1923.
What is the Return on Assets (ROA)?
1.66%.
How much are total loans and leases?
$588.58M (latest filing).
What is the total interest income (latest filing)?
$11.20M.