North Salem, IN · Cert 8063 · North Salem State Bcorp the
State charter, non-member · FDIC · 9 branches
Q2 2026
Market Position · Indianapolis-Carmel-Greenwood, IN · 2026 SOD (annual) · 0.6% share · #22 of 49 inst. · $0.6B of $91.8B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.56% | 1.43% | 1.64% | 1.62% | 1.66% | 1.45% | 1.62% | 1.68% | +6 bps | |
| Return on Equity | 19.14% | 17.30% | 19.70% | 19.30% | 19.48% | 17.32% | 19.59% | 19.24% | -5 bps | |
| Net Interest Margin | 4.00% | 4.12% | 4.15% | 4.04% | 4.22% | 4.13% | 3.96% | 4.05% | +1 bps | |
| Efficiency Ratio | 54.12% | 59.77% | 52.50% | 53.54% | 51.52% | 58.68% | 53.95% | 52.78% | -75 bps | |
| Non-Interest Burden | 1.91% | 2.21% | 1.97% | 1.94% | 1.96% | 2.19% | 1.80% | 1.88% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.05% | 8.04% | 5.31% | 8.24% | 12.43% | 18.67% | 14.49% | 9.38% | +115 bps | |
| Loan Growth (YoY) | 6.46% | 8.01% | 11.02% | 11.70% | 12.67% | 13.52% | 8.82% | 6.82% | -488 bps | |
| Deposit Growth (YoY) | 3.90% | 7.51% | 4.58% | 7.11% | 11.55% | 18.47% | 14.16% | 10.37% | +327 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.33% | 0.00% | 0.06% | 0.05% | 0.53% | 0.07% | 0.38% | 0.67% | +63 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.03% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.73% | 1.71% | 1.67% | 1.65% | 1.66% | 1.63% | 1.63% | 1.65% | 0 bps | |
| Allowance Coverage of NPLs | 5.3x | n/a | 29.3x | 35.1x | 3.1x | 24.9x | 4.3x | 2.4x | -32.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.60% | 8.87% | 8.96% | 8.73% | 9.16% | 8.54% | 8.81% | 8.98% | +25 bps | |
| Total Risk-Based Capital | 11.63% | 11.87% | 11.71% | 11.95% | 12.27% | 11.80% | 12.40% | 12.85% | +90 bps | |
| Equity / Assets | 8.20% | 8.33% | 8.34% | 8.44% | 8.64% | 8.09% | 8.47% | 9.03% | +59 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.39% | 93.77% | 94.61% | 94.26% | 93.32% | 89.85% | 90.19% | 91.23% | -303 bps | |
| Liquid Assets / Assets | 0.17% | 1.28% | 0.24% | 0.17% | 0.12% | 0.53% | 0.10% | 0.85% | +67 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 360% | 376% | 357% | n/a | n/a | |