Bank of Salem is headquartered in SALEM and is the 57th largest bank in the state of Arkansas. It is also the 2,745th largest bank in the nation. It was established in 1908 and as of March of 2025, it had grown to 47 employees at 5 locations. Bank of Salem has an A+ health rating.
Overall | |
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FDIC Certificate # | 11243 |
Year Established | 1908 |
Employees | 47 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.93% |
Return on Equity - YTD | 16.05% |
Annual Interest Income | $4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $250.9MM$183.3MM |
Loans | Q1 2025vs Q1 2024 | $195.4MM$131.1MM |
Deposits | Q1 2025vs Q1 2024 | $219.3MM$162.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $30.2MM$20.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.5MM$2.5MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $366K$155K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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Bank of Salem Locations | ||
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Bank Of Salem | 207 Church St | Salem, AR 72576 |
Mammoth Spring Bank Branch | 465 W Main Street | Mammoth Spring, AR 72554 |
Viola Branch | 9338 Hwy 62 West | Viola, AR 72583 |
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