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Bank of Salem

Salem, MO · Cert 14349 · Judson Young Memorial Education Foundation

State charter, non-member · FDIC · 2 branches

Q2 2026

$147.0MAssets
$92.1MLoans
$132.9MDeposits
$12.7MEquity
Loan mix
90%RE $73.0M3%C&I $2.8M7%Consumer $5.3MQ2 2025Q2 2026
Deposit mix
83%Interest-bearing $110.6M17%Noninterest $22.3MQ2 2025Q2 2026

NIM

4.51%Q2 ’244.66%Q2 ’254.60%Q2 ’26+19%+9%

Non-interest income vs. expense

2.09%Q2 ’242.23%Q2 ’252.20%Q2 ’26+8%-3%

Executive Summary

  • Earnings: ROA of 1.33%, up 41 bps year over year; NIM at 3.23%.
  • Asset quality: problem loans at 0.71% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.53%, up 41 bps from a year ago.
  • Funding: loans stand at 69.28% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.33%+41 bps YoY

Net Interest Margin (quarter, annualized)

3.23%+27 bps YoY

Efficiency Ratio (quarter, annualized)

60.12%-619 bps YoY

Tier 1 Leverage Ratio

9.53%+41 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.92%0.85%0.67%1.06%1.33%+41 bps
Return on Equity11.99%10.37%8.00%12.69%15.50%+351 bps
Net Interest Margin2.97%2.96%3.08%3.15%3.23%+27 bps
Efficiency Ratio66.31%68.55%76.01%62.31%60.12%-619 bps
Non-Interest Burden1.83%1.90%2.25%1.83%1.77%-6 bps
Growth
Asset Growth (YoY)-3.55%-5.63%-2.37%2.66%4.00%+754 bps
Loan Growth (YoY)-6.98%-4.58%-2.46%-2.78%1.10%+808 bps
Deposit Growth (YoY)-0.05%-2.22%-2.08%3.43%3.54%+360 bps
Asset Quality
Nonperforming Loans / Loans0.71%0.66%0.69%0.66%0.71%0 bps
Net Charge-Offs / Loans0.17%-0.03%0.00%0.00%0.00%-17 bps
Allowance / Loans0.74%0.75%0.75%0.76%0.74%0 bps
Allowance Coverage of NPLs1.0x1.1x1.1x1.2x1.0x0.0x
Capital
Tier 1 Leverage Ratio9.11%9.50%9.30%9.25%9.53%+41 bps
Total Risk-Based Capital16.39%9.50%16.46%17.38%9.53%-686 bps
Equity / Assets7.91%8.47%8.23%8.51%8.65%+74 bps
Liquidity & Funding
Loans / Deposits70.95%71.81%69.21%67.29%69.28%-167 bps
Liquid Assets / Assets4.60%3.62%6.35%8.31%5.09%+49 bps
CRE / Total Capitaln/a54.75%53.92%48.93%n/an/a