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 175^th largest bank in the state of Missouri. It is also the 3,836^th largest bank in the nation. It was established in 1883 and as of June of 2020, it had grown to 27 employees at 2 locations. Bank of Salem (MO) has an A health rating.

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Health

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #	14349
Year Established	1883
Employees	27
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.91%
Return on Equity - YTD	9.46%
Annual Interest Income	$2.0MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$118.2MM$105.6MM
Loans	Q2 2020vs Q2 2019	$62.2MM$54.4MM
Deposits	Q2 2020vs Q2 2019	$99.8MM$91.1MM
Equity Capital	Q2 2020vs Q2 2019	$10.9MM$10.1MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$484.00K$449.00K
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$566.00K$344.00K
Real Estate Owned	Q2 2020vs Q2 2019	$175.00K$86.00K

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
0.05%	$100	-	Regular Passbook Savings
0.05%	-	-	Exempt Regular Passbook Savings

Bank of Salem (MO) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.17%^*	$100k^*	-	Money Market Deposit Account
OTHER TIERS: 0.08% → $2.5k - $10k \| 0.11% → $10k - $50k \| 0.14% → $50k - $100k
0.17%^*	$100k^*	-	Business Money Market Deposit Account
OTHER TIERS: 0.08% → $2.5k - $10k \| 0.11% → $10k - $50k \| 0.14% → $50k - $100k

Bank of Salem (MO) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.07%^*	$2.5k^*	-	Interest Checking Account
OTHER TIERS: 0.05% → Up to $1k \| 0.06% → $1k - $2.5k
0.07%^*	$2.5k^*	-	Senior 55 Checking
OTHER TIERS: 0.05% → Up to $1k \| 0.06% → $1k - $2.5k
0.07%^*	$2.5k^*	-	Business Interest Checking Account
OTHER TIERS: 0.05% → Up to $1k \| 0.06% → $1k - $2.5k

Bank of Salem (MO) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.95%^*	$100k^*	-	60 Month Certificate
OTHER TIERS: 0.90% → $1k - $50k \| 0.93% → $50k - $100k
0.85%^*	$100k^*	-	48 Month Certificate
OTHER TIERS: 0.80% → $1k - $50k \| 0.83% → $50k - $100k
0.80%^*	$100k^*	-	36 Month Certificate
OTHER TIERS: 0.75% → $1k - $50k \| 0.78% → $50k - $100k
0.75%^*	$100k^*	-	30 Month Certificate
OTHER TIERS: 0.70% → $1k - $50k \| 0.73% → $50k - $100k
0.65%^*	$100k^*	-	24 Month Certificate
OTHER TIERS: 0.60% → $1k - $50k \| 0.63% → $50k - $100k
0.60%^*	$100k^*	-	18 Month Certificate
OTHER TIERS: 0.55% → $1k - $50k \| 0.57% → $50k - $100k
0.55%^*	$100k^*	-	12 Month Certificate
OTHER TIERS: 0.50% → $1k - $50k \| 0.53% → $50k - $100k
0.30%^*	$100k^*	-	6 Month Certificate
OTHER TIERS: 0.25% → $1k - $50k \| 0.28% → $50k - $100k
0.20%^*	$100k^*	-	3 Month Certificate
OTHER TIERS: 0.15% → $1k - $50k \| 0.18% → $50k - $100k

Bank of Salem (MO) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.93%	$1k	-	60 Month IRA Certificate
0.83%	$1k	-	48 Month IRA Certificate
0.78%	$1k	-	36 Month IRA Certificate
0.65%	$1k	-	30 Month IRA Certificate
0.60%	$1k	-	24 Month IRA Certificate
0.57%	$1k	-	18 Month IRA Certificate
0.53%	$1k	-	12 Month IRA Certificate
0.28%	$1k	-	6 Month IRA Certificate
0.18%	$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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