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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 $5.3MQ3 2024Q2 2026
Deposit mix
83%Interest-bearing $110.6M17%Noninterest $22.3MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.20%, up 30 bps year over year; NIM at 3.18%.
  • 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.

Return on Assets (YTD, annualized)

1.20%+30 bps YoY

Net Interest Margin (YTD, annualized)

3.18%+23 bps YoY

Efficiency Ratio (YTD, annualized)

61.19%-495 bps YoY

Tier 1 Leverage Ratio

9.53%+41 bps YoY

NIM

4.40%Q2 ’244.63%Q2 ’254.58%Q2 ’26+21%+8%

Non-interest income vs. expense

2.07%Q2 ’242.21%Q2 ’252.19%Q2 ’26+10%-1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.65%0.69%0.89%0.90%0.88%0.83%1.06%1.20%+30 bps
Return on Equity9.68%10.29%12.48%12.23%11.57%10.66%12.69%14.16%+193 bps
Net Interest Margin2.41%2.48%2.93%2.95%2.99%2.99%3.15%3.18%+23 bps
Efficiency Ratio72.58%73.46%65.96%66.14%66.94%69.27%62.31%61.19%-495 bps
Non-Interest Burden1.64%1.72%1.81%1.82%1.87%1.95%1.83%1.79%-3 bps
Growth
Asset Growth (YoY)8.67%2.87%0.46%-3.55%-5.63%-2.37%2.66%4.00%+754 bps
Loan Growth (YoY)2.30%-4.10%-6.19%-6.98%-4.58%-2.46%-2.78%1.10%+808 bps
Deposit Growth (YoY)6.69%6.54%3.49%-0.05%-2.22%-2.08%3.43%3.54%+360 bps
Asset Quality
Nonperforming Loans / Loans0.76%0.78%0.71%0.71%0.66%0.69%0.66%0.71%0 bps
Net Charge-Offs / Loans-0.04%-0.03%0.16%0.16%0.10%0.08%0.00%0.00%-16 bps
Allowance / Loans0.79%0.80%0.77%0.74%0.75%0.75%0.76%0.74%0 bps
Allowance Coverage of NPLs1.0x1.0x1.1x1.0x1.1x1.1x1.2x1.0x0.0x
Capital
Tier 1 Leverage Ratio8.50%8.41%8.88%9.11%9.50%9.30%9.25%9.53%+41 bps
Total Risk-Based Capital14.83%15.35%15.90%16.39%9.50%16.46%17.38%9.53%-686 bps
Equity / Assets7.16%6.79%7.42%7.91%8.47%8.23%8.51%8.65%+74 bps
Liquidity & Funding
Loans / Deposits73.58%69.48%71.58%70.95%71.81%69.21%67.29%69.28%-167 bps
Liquid Assets / Assets5.75%6.25%4.11%4.60%3.62%6.35%8.31%5.09%+49 bps
CRE / Total Capitaln/an/an/an/a54.75%53.92%48.93%n/an/a