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Bank of Salem, Financial Information

AboutBank of Salem

 Address:
100 West Fourth Street
Salem,MO
Dent County,Missouri
 Established:
Oct 1883
 Number of domestic offices:
2
Total assets$122M
Net income$1M
Net income,quarterly$0M
Total deposits$107M
Domestic deposits$107M
Equity capital$11M
ROA0.83%
ROAQ,quarterly0.62%
ROA,pretax0.62%
ROAQ,quarterly,pretax0.51%
ROE8.81%
ROEQ,quarterly6.74%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Bank of Salem was founded October 10, 1883 with authorized capital of $13,000. In 1883, the Brooklyn Bridge opened for traffic and there were 38 states in the United States.

Today, 130 years later, the Bank has operating capital in excess of $8,000,000, and is still owned and operated by descendants of the original bank organizers. The Bank continues to offer old fashioned, personal service while keeping up with the latest products and services in the financial industry.

Main Bank
100 West Fourth Street
P.O. Box 459
Salem, Missouri 65560
Phone: 573-729-3137
Fax: 573-729-2668

Drive-In Branch
1001 South Main Street (Hwy 19 S)
Salem, Missouri 65560
Phone: 573-729-3306
Fax: 573-729-2655

Historical Data