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 March of 2017, it had grown to 515 employees at 28 locations. Bank Independent has a B+ health rating.
|FDIC Certificate #||16604|
|Return on Assets - YTD||0.83%|
|Return on Equity - YTD||8.35%|
|Annual Interest Income||$17.1MM|
|Assets and Liabilities|
|Assets||Q1 2017vs Q1 2016||$1.36B$1.24B|
|Loans||Q1 2017vs Q1 2016||$1.09B$961.5MM|
|Deposits||Q1 2017vs Q1 2016||$1.16B$1.08B|
|Equity Capital||Q1 2017vs Q1 2016||$135.8MM$128.9MM|
|Loan Loss Allowance||Q1 2017vs Q1 2016||$11.4MM$10.8MM|
|Unbacked Noncurrent Loans||Q1 2017vs Q1 2016||$8.7MM$11.1MM|
|Real Estate Owned||Q1 2017vs Q1 2016||$5.3MM$3.6MM|
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