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The Friendship State Bank


Overview / Commentary
www.friendshipstatebank.com
877-667-5101
5908 E Main Street
Friendship, IN 47021

The Friendship State Bank is headquartered in FRIENDSHIP and is the 36th largest bank in the state of Indiana. It is also the 1,645th largest bank in the nation. It was established in 1912 and as of March of 2023, it had grown to 112 employees at 8 locations. The Friendship State Bank has a B health rating.

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Health
B

Data as of Q1 2023

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Health Grade Components

Overall
FDIC Certificate #13130
Year Established1912
Employees112
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD16.32%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$545.5MM$550.6MM
LoansQ1 2023vs Q1 2022$285.8MM$266.7MM
DepositsQ1 2023vs Q1 2022$485.1MM$510.7MM
Equity CapitalQ1 2023vs Q1 2022$29.7MM$38.2MM
Loan Loss AllowanceQ1 2023vs Q1 2022$3.5MM$3.1MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$578.00K$167.00K
Real Estate OwnedQ1 2023vs Q1 2022$62.00K$0
Rates

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Locations


The Friendship State Bank Locations
Dillsboro Branch12933 Lenover StreetDillsboro, IN 47018
Batesville Branch1362 State Road 46eBatesville, IN 47006
Vevay Branch221 West Main StreetVevay, IN 47043
401 Main Street Branch401 Main StreetRising Sun, IN 47040
Versailles Branch430 West U.S. 50Versailles, IN 47042
The Friendship State Bank5908 E Main StreetFriendship, IN 47021
Lawrenceburg Branch112 Lighthouse DriveLawrenceburg, IN 47025
Madison Branch201 Demaree DriveMadison, IN 47250

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