Spencer County Bank is headquartered in Santa Claus and is the 81st largest bank in the state of Indiana. It is also the 3,794th largest bank in the nation. It was established in 1927 and as of December of 2020, it had grown to 39 employees at 5 locations. Spencer County Bank has a B+ health rating.
Great community bank
Spencer County Bank is a great place to bank. I switched to them about 5 years ago. They were so kind when I opened an account. When I go in to deposit money, or take money out they are more than friendly. They know me by name, and joke with me. Most of the women that work there are outgoing and down to earth people. Sometimes going to the bank to take money out is like going to the dentist to get a tooth pulled. At Spencer County Bank they are so helpful and wanting to make sure you get treated right. I recently went in there to get my change counted. I wasn't sure if they would make me deposit the money, or if they would give me the cash. They gave me the cash no problem. All of the employees go out of their was to treat me like family.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5786 |
| Year Established | 1927 |
| Employees | 39 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 4.65% |
| Annual Interest Income | $4.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $123.0MM$109.0MM |
| Loans | Q4 2020vs Q4 2019 | $63.5MM$66.4MM |
| Deposits | Q4 2020vs Q4 2019 | $107.0MM$93.7MM |
| Equity Capital | Q4 2020vs Q4 2019 | $14.7MM$13.8MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $826.00K$706.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $2.2MM$1.5MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $116.00K$78.00K |