Skip to main content
BankHealth

NORTH SALEM STATE BANK

NORTH SALEM, INDIANA · FDIC Cert #8063

B
Health Score
65/100
$650M
Total Assets
$582M
Total Deposits
10.55%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, NORTH SALEM STATE BANK holds a Tier 1 capital ratio of 10.55%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning NORTH SALEM STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.06%
Nonperforming Loans
Low — healthy loan portfolio
8.42%
Liquidity Ratio
Low — potential liquidity stress
1.85%
Return on Assets
Profitable — earning well on assets
$582M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

NORTH SALEM STATE BANK shows strong financial health indicators. With $650M in assets and a Health Score of 65/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

NORTH SALEM STATE BANK has a Bank Health Score of B (65/100). It holds a Tier 1 capital ratio of 10.55%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

NORTH SALEM STATE BANK holds $650M in total assets and $582M in total deposits. It is located in NORTH SALEM, INDIANA (FDIC Certificate #8063).

NORTH SALEM STATE BANK has a Tier 1 capital ratio of 10.55%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.06%, and the return on assets is 1.85%.

Yes. NORTH SALEM STATE BANK is FDIC-insured (Certificate #8063). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

Last updated: