Bank of Salem is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Salem, Arkansas, established in 12/09/1908. Operating with a focus on Agricultural Specialization, it offers a broad range of financial services across its 3 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Bank of Salem reported total assets of $180,944 and manages deposits totaling $160,522 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $611 thousands last year. For more details, visit their website at www.bksalem.net.
Bank Information:
- Bank Name: Bank of Salem
- Address: 207 Church St, Salem, Fulton, AR, 72576
- Website: www.bksalem.net
Classification and Operations:
- State: Arkansas
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Agricultural Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 3
- Number of Foreign Offices: 0
- Total Assets: $180,944
- Total Deposits: $160,522
- Domestic Office Deposits: $160,522
Financial Data:
- Net Income (Attributable to Bank): $611
Establishment and Record:
- Established Date: 12/09/1908
- Last Recorded Data on: 04/12/2024