Bank of Salem (MO)

Overview / Commentary

www.thebankofsalem.bank

573-729-3137

100 West Fourth Street
Salem, MO 65560

Bank of Salem (MO) is headquartered in Salem and is the 179^th largest bank in the state of Missouri. It is also the 3,831^st largest bank in the nation. It was established in 1883 and as of September of 2021, it had grown to 25 employees at 2 locations. Bank of Salem (MO) has an A health rating.

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Health

Data as of Q3 2021

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Health Grade Components

Overall
FDIC Certificate #	14349
Year Established	1883
Employees	25
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.87%
Return on Equity - YTD	9.78%
Annual Interest Income	$2.9MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$122.9MM$116.6MM
Loans	Q3 2021vs Q3 2020	$63.7MM$63.4MM
Deposits	Q3 2021vs Q3 2020	$108.2MM$101.0MM
Equity Capital	Q3 2021vs Q3 2020	$11.4MM$11.1MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$549.00K$489.00K
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$491.00K$553.00K
Real Estate Owned	Q3 2021vs Q3 2020	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Salem (MO) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	-	-	Health Savings Account
0.03%	$100	-	Regular Passbook Savings
0.03%	-	-	Exempt Regular Passbook Savings

Bank of Salem (MO) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.16%^*	$100k^*	-	Money Market Deposit Account
OTHER TIERS: 0.04% → $2.5k - $10k \| 0.08% → $10k - $50k \| 0.12% → $50k - $100k
0.16%^*	$100k^*	-	Business Money Market Deposit Account
OTHER TIERS: 0.04% → $2.5k - $10k \| 0.08% → $10k - $50k \| 0.12% → $50k - $100k

Bank of Salem (MO) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$2.5k^*	-	Interest Checking Account
OTHER TIERS: 0.03% → Up to $1k \| 0.04% → $1k - $2.5k
0.05%^*	$2.5k^*	-	Senior 55 Checking
OTHER TIERS: 0.03% → Up to $1k \| 0.04% → $1k - $2.5k
0.05%^*	$2.5k^*	-	Business Interest Checking Account
OTHER TIERS: 0.03% → Up to $1k \| 0.04% → $1k - $2.5k

Bank of Salem (MO) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%^*	$100k^*	-	60 Month Certificate
OTHER TIERS: 0.85% → $1k - $50k \| 0.88% → $50k - $100k
0.80%^*	$100k^*	-	48 Month Certificate
OTHER TIERS: 0.75% → $1k - $50k \| 0.78% → $50k - $100k
0.70%^*	$100k^*	-	30 Month Certificate
OTHER TIERS: 0.65% → $1k - $50k \| 0.68% → $50k - $100k
0.70%^*	$100k^*	-	36 Month Certificate
OTHER TIERS: 0.65% → $1k - $50k \| 0.68% → $50k - $100k
0.60%^*	$100k^*	-	24 Month Certificate
OTHER TIERS: 0.55% → $1k - $50k \| 0.57% → $50k - $100k
0.55%^*	$100k^*	-	18 Month Certificate
OTHER TIERS: 0.50% → $1k - $50k \| 0.53% → $50k - $100k
0.45%^*	$100k^*	-	12 Month Certificate
OTHER TIERS: 0.40% → $1k - $50k \| 0.43% → $50k - $100k
0.25%^*	$100k^*	-	6 Month Certificate
OTHER TIERS: 0.20% → $1k - $50k \| 0.23% → $50k - $100k
0.15%^*	$100k^*	-	3 Month Certificate
OTHER TIERS: 0.10% → $1k - $50k \| 0.13% → $50k - $100k

Bank of Salem (MO) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.88%	$1k	-	60 Month IRA Certificate
0.78%	$1k	-	48 Month IRA Certificate
0.68%	$1k	-	36 Month IRA Certificate
0.60%	$1k	-	30 Month IRA Certificate
0.55%	$1k	-	24 Month IRA Certificate
0.53%	$1k	-	18 Month IRA Certificate
0.43%	$1k	-	12 Month IRA Certificate
0.23%	$1k	-	6 Month IRA Certificate
0.13%	$1k	-	3 Month IRA Certificate

Locations

Bank of Salem (MO) Locations
Bank Of Salem	100 West Fourth Street	Salem, MO 65560
Bank Of Salem Drive-In Branch	1001 South Main Street	Salem, MO 65560

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