What is The North Salem State Bank's financial health grade?

The North Salem State Bank has a TFS Financial Health Grade of C (score: 76.8/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does The North Salem State Bank have?

The North Salem State Bank has 9 branch locations across the United States.

Is The North Salem State Bank FDIC insured?

Yes, The North Salem State Bank is FDIC insured (Certificate #8063).

What are the total assets of The North Salem State Bank?

The North Salem State Bank has total assets of $776.3M as reported in its most recent FDIC filing.

The North Salem State Bank

BankNorth Salem, Indiana

www.nssb.bank

Total Assets

$776.3M

Total Deposits

$689.9M

Branches

Established

1923

TFS Health Grade

76.8 / 100

Average financial health

How we grade

The North Salem State Bank is a bank headquartered in North Salem, Indiana, established in 1923. With $776.3M in total assets and 9 branch locations, it has a TFS Financial Health Grade of C (76.8/100).

Capital & Safety

Tier 1 Capital Ratio

8.54%(8%)

Total Capital Ratio

11.80%(10%)

Non-Performing Loan Ratio

0.07%

Profitability

Return on Assets (ROA)

1.59%(1%)

Return on Equity (ROE)

18.96%(10%)

Net Interest Margin

4.41%

Efficiency Ratio

54.19%(60%)

Lending & Liquidity

Total Loans

$619.9M

Loan-to-Deposit Ratio

88.39%

Net Charge-Off Ratio

0.01%

Growth

Asset Growth (YoY)

+18.67%

Deposit Growth (YoY)

+18.47%

Net Income

$11.2M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Branch	Address	City	State	Type
The North Salem State BankHQ	7 N Broadway St	North Salem	IN	11
The North Salem State Bank	9 W Kentucky St	Clayton	IN	11
The North Salem State Bank	704 W Main St	Danville	IN	11
The North Salem State Bank	1500 E Main St	Danville	IN	11
The North Salem State Bank	117 S Warren Dr	Greencastle	IN	11
The North Salem State Bank	1289 N Jackson St	Greencastle	IN	11
The North Salem State Bank	1 W Main St	Jamestown	IN	11
The North Salem State Bank	2202 N Lebanon St	Lebanon	IN	11
The North Salem State Bank	2485 E Main St	Plainfield	IN	11

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.