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Private company

Mid-Southern Bancorp, Inc.

Savings institution company1

In its 2023 annual report the company says: “Mid-Southern Bancorp, Inc., an Indiana corporation, is the savings and loan holding company of Mid-Southern Savings Bank, FSB. The Company’s executive offices are located in Salem, Indiana. The Company is subject to regulation by the Federal Reserve.”35

Last updated Oct 21, 2026.

Overview

  • IndustrySavings Institution, Federally Chartered1
  • HeadquartersSalem, Indiana1
  • Business address300 N. Water Street, Salem, In 471672
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

168.1%Net margin3
-0.9%Revenue growth, 20223
5.6%Return on equity3
$2.1MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Interest36¢$1.1M
  • Income tax3¢$91.0K
  • Profit61¢$1.9M

Out of $1.1M in revenue.3

Where each dollar of operating cash went, fiscal 2022

  • Capital spending14¢$446.0K
  • Dividends paid16¢$492.0K
  • Share buybacks70¢$2.2M

Out of $2.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue4563$1.1M in 2022+47% since 2018
0$500.0K$1.0M$1.5M2018: $761.0K$761.0K20182019: $720.0K$720.0K2019−5%2020: $630.0K$630.0K2020−12%2021: $1.1M$1.1M2021+79%2022: $1.1M$1.1M2022−1%
Net income74563$1.9M in 2022+60% since 2017
0$500.0K$1.0M$1.5M$2.0M2017: $1.2M$1.2M20172018: $1.4M$1.4M2018+20%2019: $960.0K$960.0K2019−32%2020: $1.2M$1.2M2020+24%2021: $1.6M$1.6M2021+35%2022: $1.9M$1.9M2022+17%
Fiscal year2016201720182019202020212022
Revenue$761.0K4$720.0K5$630.0K6$1.1M3$1.1M3
Interest$655.0K7$729.0K4$925.0K5$936.0K6$651.0K3$1.1M3
Income before tax$1.7M3$2.0M3
Income tax$982.0K7$295.0K4$85.0K5$35.0K6$67.0K3$91.0K3
Net income$1.2M7$1.4M4$960.0K5$1.2M6$1.6M3$1.9M3
Earnings per share$0.347$0.414$0.295$0.386$0.553$0.693
Earnings per share (diluted)$0.347$0.414$0.295$0.386$0.553$0.693
Shares (weighted, basic)2.9M shares32.7M shares3
Shares (weighted, diluted)2.9M shares32.7M shares3

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Corporate structure

Mid-Southern Bancorp, Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Mid-Southern Bancorp, Inc.

  • AllianceBernstein Filed SC 13G/A on Mid-Southern Bancorp, Inc., latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • Mid-Southern Bancorp, Inc. Salem, Indiana

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mid-Southern Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$4.3M3 Dec 31, 2022$4.1M3 Dec 31, 2021+4.9%
Accumulated depreciation$2.2M3 Dec 31, 2022$2.2M3 Dec 31, 2021+0.3%
Property and equipment, net$2.1M3 Dec 31, 2022$2.0M3 Dec 31, 2021+10.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.7M3 Dec 31, 2022$16.4M3 Dec 31, 2021−65.3%
Debt securities available for sale$105.4M3 Dec 31, 2022$107.3M3 Dec 31, 2021−1.8%
Debt securities held to maturity$17.0K3 Dec 31, 2022$21.0K3 Dec 31, 2021−19.0%
Loans, net of allowance$122.6M6 Dec 31, 2021$113.3M6 Dec 31, 2020+8.2%
Deposits held (banks)$206.1M3 Dec 31, 2022$196.9M3 Dec 31, 2021+4.7%

Leadership

Who has led Mid-Southern Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Alexander G. Babey2018–2023

President

  1. Alexander G. Babey2018–2023

Chief financial officer

  1. Robert W. Derossett2020–2022
20202025
Board members and other officers (11)

Timeline

  1. Aug 2, 20238-K Listing notice or transfer; Regulation FD disclosure22
  2. Jul 24, 20238-K Results of operations23
  3. May 24, 20238-K Shareholder vote24
  4. Apr 28, 20238-K Results of operations25
  5. Feb 21, 20238-K Results of operations26
  6. Dec 15, 20228-K Executive or director change27
  7. Oct 24, 20228-K Results of operations28
  8. Jul 25, 20228-K Results of operations29
  9. May 25, 20228-K Shareholder vote30
  10. Apr 25, 20228-K Results of operations31
  11. Feb 22, 20228-K Results of operations32
  12. Oct 25, 20218-K Results of operations33
  13. May 14, 2018New chief executive Alexander G. Babey becomes CEO10

Calendar

When it reported results

  1. Jul 24, 2023Reported quarterly or annual results23
  2. Apr 28, 2023Reported quarterly or annual results25
  3. Feb 21, 2023Reported quarterly or annual results26
  4. Oct 24, 2022Reported quarterly or annual results28
  5. Jul 25, 2022Reported quarterly or annual results29
  6. Apr 25, 2022Reported quarterly or annual results31
  7. Feb 22, 2022Reported quarterly or annual results32
  8. Oct 25, 2021Reported quarterly or annual results33

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

67 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 12 major events, 35 insider forms, 4 large holders, 8 other. The latest 20:

  1. Aug 24, 202315-12G EDGAR
  2. Aug 14, 2023S-8 POS EDGAR
  3. Aug 14, 2023S-8 POS EDGAR
  4. Aug 14, 202325 EDGAR
  5. Aug 11, 202310-Q EDGAR
  6. Aug 2, 20238-K EDGAR
  7. Jul 24, 20238-K EDGAR
  8. Jun 14, 20234 EDGAR
  9. Jun 8, 20234 EDGAR
  10. Jun 7, 20234 EDGAR
  11. Jun 1, 20234 EDGAR
  12. May 24, 20238-K EDGAR
  13. May 16, 2023DEFA14A EDGAR
  14. May 12, 202310-Q EDGAR
  15. Apr 28, 20238-K EDGAR
  16. Apr 27, 2023DEF 14A EDGAR
  17. Apr 27, 2023ARS EDGAR
  18. Mar 24, 202310-K EDGAR
  19. Feb 21, 20238-K EDGAR
  20. Feb 14, 2023SC 13G/A SEC SCHEDULE 13G EDGAR

The 67 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

13 open-market trades by officers, directors and large owners since October 2021: 13 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 14, 2023Koch Eric A.DirectorBuy1,497$11.25$16.8KForm 4
Jun 7, 2023Koch Eric A.DirectorBuy377$10.51$4.0KForm 4
Sep 14, 2022Koch Eric A.DirectorBuy795$13.95$11.1KForm 4
Sep 9, 2022Koch Eric A.DirectorBuy33$13.76$454Form 4
Sep 1, 2022DirectorBuy51$13.56$692Form 4
Aug 31, 2022Koch Eric A.DirectorBuy25$13.56$339Form 4
Aug 26, 2022Koch Eric A.DirectorBuy96$13.56$1.3KForm 4
Jun 15, 2022Koch Eric A.DirectorBuy986$13.99$13.8KForm 4
Jun 14, 2022Koch Eric A.DirectorBuy3,000$13.99$42.0KForm 4
Jun 13, 2022Koch Eric A.DirectorBuy8$13.70$110Form 4
Jun 9, 2022Koch Eric A.DirectorBuy875$13.65$11.9KForm 4
Jun 7, 2022Koch Eric A.DirectorBuy96$13.90$1.3KForm 4
Jun 6, 2022Koch Eric A.DirectorBuy35$13.55$474Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Mid-Southern Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMid-Southern Bancorp, Inc.1
  • CIK0001734875
  • Employer ID (EIN)82-48217051
  • Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6035 Savings Institution, Federally Chartered1
  • Business address300 N. Water Street, Salem, IN 471671
  • Phone(812)883-26391
  • Shares outstanding2,885,039 as of Aug 4, 20239
  • Public float$35.4M as of Jun 30, 20223
  • On EDGAR sinceMar 23, 20181
  • Filings198 in all: 4 (80), 8-K (41), 10-Q (17), 3 (13), DEF 14A (6), SC 13G/A (6), 10-K (5), CORRESP (4)1
    All 25 form types

    SC 13G (4), UPLOAD (3), 10-K/A (2), S-1/A (2), S-8 (2), S-8 POS (2), 15-12G (1), 25 (1), 424B3 (1), 8-A12B (1), 8-K/A (1), ARS (1), DEFA14A (1), EFFECT (1), S-1 (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 24, 2023
    Quarterly report (10-Q) Aug 11, 2023
    Proxy statement (DEF 14A) Apr 27, 2023
    Latest 8-K (8-K) Aug 2, 2023

Sources

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