DeMotte State Bank is headquartered in Demotte and is the 34th largest bank in the state of Indiana. It is also the 1,656th largest bank in the nation. It was established in 1942 and as of June of 2022, it had grown to 114 employees at 11 locations. DeMotte State Bank's CD rates are 96% higher than the national average, and it has a B+ health rating.
Terrible customer service. Even the manager was rude. Was given false info multiple times and had nothing but problems.
Overall | |
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FDIC Certificate # | 15883 |
Year Established | 1942 |
Employees | 114 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.84% |
Return on Equity - YTD | 9.87% |
Annual Interest Income | $8.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2022vs Q2 2021 | $536.5MM$530.7MM |
Loans | Q2 2022vs Q2 2021 | $219.8MM$224.7MM |
Deposits | Q2 2022vs Q2 2021 | $473.7MM$436.5MM |
Equity Capital | Q2 2022vs Q2 2021 | $36.4MM$58.9MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $3.3MM$3.3MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.2MM$2.5MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$71.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.79% | $100 | - | Savings Growth Account | |
0.05% | $5 | - | Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.75%* | $100k* | - | Smart Investor Money Market Account | ||
OTHER TIERS: 0.15% → $2.5k - $50k | 0.50% → $50k - $100k | |||||
0.20% | $2.5k | - | Super Money Market Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $100k* | - | Prime Account | ||
OTHER TIERS: 0.05% → $2.5k - $50k | 0.10% → $50k - $100k |