Bank Independent is headquartered in Sheffield and is the 8th largest bank in the state of Alabama. It is also the 564th largest bank in the nation. It was established in 1947 and as of December of 2016, it had grown to 512 employees at 28 locations. Bank Independent has a B+ health rating.
|FDIC Certificate #||16604|
|Return on Assets - YTD||0.93%|
|Return on Equity - YTD||9.05%|
|Annual Interest Income||$65.1MM|
|Assets and Liabilities|
|Assets||Q4 2016vs Q4 2015||$1.34B$1.23B|
|Loans||Q4 2016vs Q4 2015||$1.06B$941.2MM|
|Deposits||Q4 2016vs Q4 2015||$1.15B$1.05B|
|Equity Capital||Q4 2016vs Q4 2015||$132.9MM$128.2MM|
|Loan Loss Allowance||Q4 2016vs Q4 2015||$11.0MM$10.4MM|
|Unbacked Noncurrent Loans||Q4 2016vs Q4 2015||$9.7MM$11.1MM|
|Real Estate Owned||Q4 2016vs Q4 2015||$5.5MM$3.9MM|
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