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MSVB
Mid-Southern Bancorp, Inc.

Common Stock

16.30

0.00

0.00%

16.32 / 16.38 (1 x 1)

Real-Time Best Bid & Ask: 10:13am 07/17/2025
Delayed (15 Min) Trade Data: 12:00am 07/16/2025
Mid-Southern Bancorp, Inc. Company Logo

300 North Water Street

Salem, IN 47167

Principal Executive Offices:

300 North Water Street

Salem, IN 47167

Business Description
Mid-Southern Bancorp, Inc., an Indiana corporation, is the savings and loan holding company of Mid-Southern Savings Bank, FSB (the "Bank" or "Mid-Southern Savings Bank"). On July 11, 2018, Mid-Southern Bancorp, Inc. completed a public offering and share exchange as part of the Bank's "second step" conversion from the mutual holding company structure and the elimination of Mid-Southern, M.H.C. (the "Conversion"). Upon consummation of the Conversion, the Company became the holding company for the Bank and now owns all of the issued and outstanding shares of the Bank's common stock. Our business activities are primarily conducted through Mid-Southern Savings Bank, a federally chartered savings bank ...
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Corporate Structure
Financial Reporting
Reporting Status
U.S. Reporting: Bank/Thrift
Audited Financials
Audited
CIK
0001734875
Fiscal Year End
12/31
Company Officers & Contacts
Alexander G. Babey
CEO, President

Erica B. Schmidt
Company Secretary

Board of Directors
Alexander G. Babey
CEO, President

Larry R. Bailey
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Dana J. Dunbar
Independent Director, Compensation Committee Member

Trent L. Fisher
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Eric A. Koch
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Kermit A. Lamb

Brent A. Rosenbaum
Independent Director, Compensation Committee Member

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
Service Providers
Accounting/Auditing Firm
FORVIS, LLP

4350 Congress Street, Suite 900

Charlotte, NC 28209

Securities Counsel
Luse Gorman, PC
Corporate Broker
Keefe Bruyette & Woods, Inc.

787 Seventh Avenue

4th Floor

New York, NY 10019

Profile Data
SIC - Industry Classification
6035 - Federal savings institutions
Incorporation Information
IN, US, 2018
Employees
47 as of 12/31/2023
Shell
No
Bank / Thrift
Yes
Products and Services

Mid-Southern Savings Bank’s principal business consists of originating one-to-four family residential real estate mortgage loans, including home equity lines of credit, commercial and multi-family real estate, and construction loans. We also offer commercial business and other consumer loans. We offer a variety of retail deposits to the general public in the areas surrounding our main office and our branch offices with interest rates that are competitive with those of similar products offered by other financial institutions in our market area. Our revenues are derived primarily from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities.

Company Facilities

Mid-Southern Bancorp, Inc., an Indiana corporation, is the savings and loan holding company of Mid-Southern Savings Bank, FSB (the "Bank" or "Mid-Southern Savings Bank"). Our business activities are primarily conducted through Mid-Southern Savings Bank, a federally chartered savings bank headquartered in Salem, Indiana, which is located in Southern Indiana approximately 40 miles northwest of Louisville, Kentucky. Mid-Southern Savings Bank conducts business from its main office in Salem and through its branch offices located in Mitchell and Orleans, Indiana and loan production offices located in New Albany, Indiana and Louisville, Kentucky. Mid-Southern Savings Bank's market area includes the Louisville-Jefferson County Metropolitan Statistical Area ("MSA" consisting of Clark, Floyd, Harrison, and Washington counties in Indiana and Bullitt, Henry, Jefferson, Meade, Nelson, Oldham, Shelby, Spencer and Trimble counties in Kentucky) plus Lawrence and Orange counties in Indiana, and, to a lesser extent, contiguous counties.

Company Notes
Sponsored by Keefe Bruyette & Woods, Inc. for OTCQX on August 15th, 2023!
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OTCID
The Company Profile data was verified by the issuer within the previous 6 months.
The company’s transfer agent has verified its outstanding shares directly to OTC Markets.
The Company’s board of directors includes at least two Independent Directors.
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