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Overview / Commentary
877-865-5050
710 South Montgomery Avenue
Sheffield, AL 35660

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.

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Bank Independent CD Specials - Northern Alabama - 2/28/2017

2.11% apy 59 month fixed rate CD 1.36% apy 35 month bump rate CD 1.21% apy 23 month bump rate CD $1,000 minimum balance https://www.bibank.com/Personal/CD-Rate-Specials/

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Health
B+

Health Grade Components

Overall
FDIC Certificate #16604
Year Established1947
Employees515
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD8.35%
Annual Interest Income$17.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$1.36B$1.24B
LoansQ1 2017vs Q1 2016$1.09B$961.5MM
DepositsQ1 2017vs Q1 2016$1.16B$1.08B
Equity CapitalQ1 2017vs Q1 2016$135.8MM$128.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$11.4MM$10.8MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$8.7MM$11.1MM
Real Estate OwnedQ1 2017vs Q1 2016$5.3MM$3.6MM
Rates

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Locations

Bank Independent has 27 locations. Click to view all Bank Independent locations.