DeMotte State Bank

Overview / Commentary
210 South Halleck Street
Demotte, IN 46310

DeMotte State Bank is headquartered in DEMOTTE and is the 37th largest bank in the state of Indiana. It is also the 1,682nd largest bank in the nation. It was established in 1942 and as of December of 2023, it had grown to 121 employees at 10 locations. DeMotte State Bank has a B+ health rating.

Reviews (2)


Posted by: |

My husband notified the bank of a fraudulent charge that was going to effect his debit card prior to actually hitting his account. The bank willing allowed the charges to go through - they did not even attempt to stop the charges. We made a claim with the FDIC in order to resolve the issue. The bank retaliated by putting a hold on my account (different account than my husband) for suspected fraud without any valid reason (no suspicious charges) when my monthly automatic payments (ACH's) were scheduled to be withdrawn. This caused issues with the companies needing to be paid (electric, telephone, insurance & television service). I was able to straighten them all out without and additional costs but I had to spend time getting it resolved. The "manager" (teller supervisor) at the Roselawn branch is rude, and does not present herself anywhere close to professionally in appearance or attitude.

Do Not Bank With Them.

Terrible customer service. Even the manager was rude. Was given false info multiple times and had nothing but problems.


Health Grade Components

FDIC Certificate #15883
Year Established1942
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD14.03%
Annual Interest Income$20.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$546.8MM$534.4MM
LoansQ4 2023vs Q4 2022$245.1MM$228.1MM
DepositsQ4 2023vs Q4 2022$458.7MM$463.1MM
Equity CapitalQ4 2023vs Q4 2022$39.3MM$31.1MM
Loan Loss AllowanceQ4 2023vs Q4 2022$3.4MM$3.4MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$1.4MM$1.7MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for DeMotte State Bank are currently being reviewed.



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