Overview / Commentary
22nd State Bank is headquartered in Louisville and is the 70th largest bank in the state of Alabama. It is also the 3,470th largest bank in the nation. It was established in 1917 and as of June of 2019, it had grown to 40 employees at 5 locations. 22nd State Bank has a C health rating.
Health
C
Data as of Q2 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. 22nd State Bank has a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16910 |
| Year Established | 1917 |
| Employees | 40 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.64% |
| Return on Equity - YTD | -17.41% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $141.7MM$135.8MM |
| Loans | Q2 2019vs Q2 2018 | $96.7MM$97.4MM |
| Deposits | Q2 2019vs Q2 2018 | $116.7MM$122.7MM |
| Equity Capital | Q2 2019vs Q2 2018 | $13.7MM$12.9MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.5MM$1.0MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $2.4MM$1.2MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $572.00K$1.0MM |
Rates
Sorry, we do not have rate data for 22nd State Bank.
Locations
| 22nd State Bank Locations | ||
|---|---|---|
| North Eufaula Branch | 101 N. Eufaula Avenue | Eufaula, AL 36027 |
| Farmers Exchange Bank | 1920 Main Street | Louisville, AL 36048 |
| Eufaula Avenue Branch | 21 Eufaula Avenue | Clayton, AL 36016 |
| First Exchange Bank - A Division Of Farmers Exchan | 226 St. Joseph Avenue | Brewton, AL 36426 |
| Mobile Branch | 917 Western America Circle, Ste 202 | Mobile, AL 36609 |