# NORTH SALEM STATE BANK
NORTH SALEM, IN · FDIC certificate 8063 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $769.6M | |
| Deposits | $687.9M | |
| Loans and leases | $627.5M | |
| Total equity | $69.5M | |
| Loans / deposits | 89.73% (p70 of band) | 82.04% |
| Liquid assets / assets | 15.58% (p18 of band) | |
| Uninsured deposits / deposits | 43.04% (p91 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.65% (p31 of band) | |
| FHLB advances / assets | 0.65% | |
| Tier 1 leverage | 8.98% (p12 of band) | 10.81% |
| Unrealized securities loss / equity | -6.72% (p55 of band) | -8.10% |
| AOCI / equity | 0.39% (p90 of band) | |
| ROA (annualized) | 1.65% (p73 of band) | 1.28% |
| Net interest margin | 4.29% (p72 of band) | 3.91% |
| Efficiency ratio | 53.36% (p26 of band) | |
| Noncurrent loans | 0.67% (p62 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 244.53% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 73.75% (p74 of band) | |
| Auto loans | $6.7M (1.07% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $695,000 (1% of equity) (p91 of band) | |
| Deposits YoY | 10.4% | |
| Employees | 112 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | reserve under noncurrent |  |
| 2012-03 | 0 |  | reserve under noncurrent |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | uninsured deposits leaving |  |
| 2013-03 | 0 |  | uninsured deposits leaving |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | charge-offs p90 |  |
| 2016-06 | 0 |  | charge-offs p90 |
| 2016-09 | 1 | capital falling |  |
| 2016-12 | 0 |  | capital falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 | securities losses >30% of equity | capital falling |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | securities losses >30% of equity |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | construction >100% equity |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | capital falling |  |
| 2023-12 | 1 |  | capital falling |
| 2024-03 | 1 |  |  |
| 2024-06 | 0 |  | construction >100% equity |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-24 [North Salem State Bank expands board with appointment of Jeff Joyce - giant.fm](https://news.google.com/rss/articles/CBMiugFBVV95cUxPb19pT0hONk1TYXNXbF9VWUNMelVaUkcyLVBpWU0xc2lnZUpfb2tYYU9yWldhTFZLaHhxZm9xZkl4eGZydXZvNFYxR29sa3R4VGVLZ0NQWDB5UU5Sb3FVdGYyWHljWnBZNEhjUXIxSEwtTTh6LUtteXFOaXR2S3V6d0lRZlo2NlBWcnBGS0FSelJoY2psY09HVlE5NGtZSkZQc2thdllrU1VkSHQ3YzNwNGlaNzhHTU0xVWc?oc=5) · giant.fm
- 2025-09-22 [IBA Chairman Matthew Howrey Honored as Distinguished Hoosier - Building Indiana Business](https://news.google.com/rss/articles/CBMipAFBVV95cUxOaFFxNTdnc0VBLXEtYU5nODRieXJNNUNqSGN6Y2R0eERQNUc5YW9OdzBhak10TnhsRTkwUmo0Y0F5bU96QzRLbnlwX0M2aHdkYzNGQndsbnBLWVU4QUNielZEUlVHWDVQTDlFNU02R2NzODNNOVA2VjNBNHdkV2I1ckM0MkVxSFR6RWxzMnNrRUZValQ2a3VBMGRWU0VVcW5CRzU0Xw?oc=5) · Building Indiana Business
- 2024-09-06 [Plainfield police searching for suspect after armed robbery of a bank - Fox 59](https://news.google.com/rss/articles/CBMimAFBVV95cUxQTU9LUFRHMURUV0gyRnFnNEZrZllLeXhOQUxCZGVMNUJDbUxicXhDYWpXMzNyeVV1dXRWMWY4c1B2Z2NoWnktVm52OWUwV3lHREVvTTBpcGJaRDRqMEJDNkFsNC11UFNnTElTMXZmQVlwSmt2NDI2b0g5TkN5bFN2N2hyOXM5TWVLVDAzYTM2d2ZGeU95TXI3StIBngFBVV95cUxNNnN1dHJGZmc0WVFlQnN0Slg0U3B1Rk02N1R1QmU5eWt1VlBtbmNuRzJsSWtOSEdQbEl6ZlpldmhEX1dsRk5NNWFXMU4yaWg0dXRGYzI5WUdTb3FEQ0ZBZVJkM0laeXdMcmJEZHFwa0hSX1NaQ3dFZ3hVX3RqUTltLUdBTzRseVV1R2VxTURBYmc5Uk5KQ08wVXdWblYtZw?oc=5) · Fox 59
- 2023-08-17 [North Salem State Bank receives Century Award - Journal Review](https://news.google.com/rss/articles/CBMilAFBVV95cUxOeWdCR0dXalhBTnJFWFk0anJvaFl0NTdKaDJmNWhEaDZZOG9pbTZSQm8yb2NmUFNLeERFZVMxakFlVXdCdTBVRndKTzhXTVZndVVqV1RiYmtlN3BzVWNFeFZOdHJYcW9NOV9xcDc3TVNObDN5cnp0ZkxKNHFpVzM1RGZZYmZTV3lUQ0RTZ0ZCT2pva0hU?oc=5) · Journal Review
- 2023-01-27 [Karen K. Williams Obituary Jan 27, 2023 - Eric MD Bell Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMicEFVX3lxTFByWnNNZEhSTzhlUTlYeW5RVFF1RGpwRE5IamdfaEZUb09BcHd4bG5OV0JkdVhnSmFJcGVrTGkzY1NROFdzOGVTc0szNk5sU05mWnc3SWRSbUd0YUc5bUFqLXJldHowZ1hJRV9GMU1iVGM?oc=5) · Eric MD Bell Funeral Home and Cremation Services
- 2023-08-21 [NSSB donates $10,000 to Putnam County Fairgrounds - Vincennes Sun-Commercial](https://news.google.com/rss/articles/CBMipgFBVV95cUxOV2ZabkI1ZHJnUDBFQlRTU3doSXFDbEZpYUtRWjZPSnlZV3RDeW5BcWpua1R1WHBwalNMOHM2ellrbTduTnlKN1dqZWlDaWFUeVY2OVY1NFl0QV9XcV9KdTFkVGk0aVNaQmRDQzN1TzlRMnd6bVIzX1czbEMtQ2JqMUszakJNV2VFSVJxN2VaZmVRYVFEUE02cDFhOXVGVjl6cHU1Wkl3?oc=5) · Vincennes Sun-Commercial
- 2021-10-28 [Lebanon woman found safe after Silver Alert - WTHR](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQLWhvZGZpdkprOGRmN0o4X2RvNmJRZGpNcE81UlVZQWU2U1ZmVGhIZzJtTTdZREVrNHd0TzlNOVJLcVJtbVU2N1FsTEMySGg1emM3VG02dnUyei1xY090QkZYb3hiOU50ZmFZdHVhUVVqeWl4QlNTUW9XLXdQWGZaQTEtVHM2aFdWd1VhQTVXVXNTZEtlQ1ZXdGtqY1dhRkQ5cGlreHUzWXFSdVdFTVk3TXdNX1FhMldReUxudlNjcW4tS08waXRLWFg1anZnZ1haVkE3aWNFZEhybXM?oc=5) · WTHR

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8063 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/63.json (key "8063", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide