The North Salem State Bank

North Salem, IN
IDRSSD: 947749
Total Assets
$776.25M
Latest filing
Total Deposits
$689.86M
Latest filing
Net Interest Margin
4.42%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

074908688NORTH SALEM, IN

Key People

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Locations

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Main Office
The North Salem State Bank
7 N Broadway St
North Salem, IN 46165
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/14/1923FDIC Certificate 5130

Branches (8)

Page 1 of 2
NameAddressCity / State
The North Salem State Bank (Main)7 N Broadway StNorth Salem, IN
DANVILLE BRANCH704 W Main StDanville, IN
GREENCASTLE BRANCH117 S Warren DrGreencastle, IN
DANVILLE OLD FARM BRANCH1500 E Main StDanville, IN
LEBANON, IN BRANCH2202 N Lebanon StLebanon, IN
GREENCASTLE NORTH BRANCH1289 N Jackson StGreencastle, IN
PLAINFIELD BRANCH2485 E Main StPlainfield, IN
CLAYTON9 W Kentucky StClayton, 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date07/14/1923
Community BankYes
Ownership TypeNot Mutual
ZIP46165
State and County Number18063
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameIndianapolis-Carmel-Anderson, IN

Operational Info

Number of Employees98
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.nssb.bank
Data Updated01/30/2026
CERT8063
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$776.25M
Total Deposits$689.86M
Total Liabilities$713.45M
Total Equity Capital$62.80M
Net Income$2.72M
Net Loans and Leases$609.75M
Assets Per Employee ($Millions)$7.76M
Bank Premises and Fixed Assets$10.68M
Cash and Balances due from Depository Institutions$8.99M
Deposits Held in Domestic Offices$689.86M

Key Performance Ratios

Return on Assets (ROA)1.45%
Return on Equity (ROE)17.32%
Net Interest Margin4.42%
Efficiency Ratio58.68%
Tier 1 Risk-Based Capital Ratio10.545%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.13%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.09%
Earning Assets to total Assets95.05%

Income and Expense

Total Interest Income$11.80M
Total Noninterest Income$1.19M
Total Interest Expense$3.91M
Total Noninterest Expense$5.38M
Net Interest Income$7.88M
Pre-tax Net Operating Income$3.46M
Provision for Credit Losses$243.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$15.00M
Federal Funds Sold & Reverse Repurchase Agreement$73.89M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$8.59M
Total Liabilities and Capital$776.25M

Securities

Securities$50.05M
Available-for-sale debt securities$50.05M
Equity securities with readily determinable fair values not held for trading
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?
$776.25M as of the latest filing.
How much are The North Salem State Bank's total deposits?
$689.86M in total deposits.
Where is The North Salem State Bank located?
North Salem, IN.
What is the Net Interest Margin?
4.42%.
How many domestic offices does it operate?
9.
When was it established?
07/14/1923.
What is the Return on Assets (ROA)?
1.45%.
How much are total loans and leases?
$609.75M (latest filing).
What is the total interest income (latest filing)?
$11.80M.