Bank of Salem

Bank of Salem is headquartered in Salem and is the 84^th largest bank in the state of Arkansas. It is also the 4,216^st largest bank in the nation. It was established in 1908 and as of December of 2011, it had grown to 38 employees at 3 locations. Bank of Salem's savings rates are 92% higher than the national average, and it has a 4-star health rating.

Bank of Salem Routing Number: 082904302

Bank of Salem Checking Account Rates

Bank of Salem Savings Account Rates

Bank of Salem Money Market Rates

Bank of Salem CD Rates

Bank of Salem IRA Rates

Data for Q4 2011

Institution Statistics Bank of Salem FDIC Certificate # 11243 BankRate Report View Year Established 1908 Employees 38 Primary Regulator FED Assets and Liabilities Assets $130.09 million Loans $105.65 million Deposits $111.37 million Equity Capital $13.93 million Loan Loss Allowance $2.35 million Unbacked Noncurrent Loans $2.53 million Real Estate Owned $2.27 million Historic Data - December 2010 Assets $130.15 million Equity Capital $13.45 million Loan Loss Allowance $1.75 million Unbacked Noncurrent Loans $2.96 million Real Estate Owned $1.41 million Profit Margin - Quarterly Net Interest Margin 5.46% Return on Assets 0.86% Return on Equity 8.12% Interest Income $8.05 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Salem had $4.8 million in non-current loans and owned real-estate with $16.28 million in equity and loan loss allowances on hand to cover it. This gives Bank of Salem a Texas Ratio of 29.51% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Salem held steady from 28.68% as of December 31, 2010 to 29.51% as of December 31, 2011, resulting in a negative change of 2.89%. This indicates that the balance sheet and financial strength for Bank of Salem has held steady in recent periods. Deposit Growth In the past year, Bank of Salem has decreased its total deposits by $-180,000, resulting in -0.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Salem has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Salem has $130.09 million in assets with $16.28 million in equity, resulting in a capitalization level of 12.51%, which is excellent.