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Bank of Salem
Bank of Salem
RSSD ID 931047 | CERTIFICATE 11243 | ABA NUMBER 82904302 |
207 Church St |
Quarter Ended : |
2025-03-31 |
Salem, Arkansas, 72576 |
Updated : |
2025-04-17 |
www.bksalem.net |
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Institution Profile |
Year Opened : |
1908 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FED |
Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
All Other Under 1 Billion |
Number of Offices : |
5 |
Number of Employees : |
47 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 250,882 |
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Total Interest Income | 4,026 |
Total Liabilities | 220,720 |
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Total NonInterest Income | 286 |
Total Bank Equity Capital | 30,162 |
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Total Interest Expense | 1,406 |
Total Deposits | 219,282 |
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Total NonInterest Expense | 1,581 |
Net Loans & Leases | 195,444 |
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Net Income | 1,200 |
Loan Loss Allowance | 3,494 |
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Net Charge Offs | (6) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 197,309 |
Total assets for the leverage ratio | 247,837 |
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Loans secured by real estate: | 152,154 |
Tier 1 Leverage Ratio | 12.43 |
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Commercial and industrial loans | 19,880 |
Off Balance Sheet Exposures (%) | 5.49 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 12,740 |
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