Friend Bank (AL)

Overview / Commentary
220 E. Lawrence Harris Hwy
Slocomb, AL 36375

Friend Bank (AL) is headquartered in SLOCOMB and is the 63rd largest bank in the state of Alabama. It is also the 3,192nd largest bank in the nation. It was established in 1905 and as of March of 2023, it had grown to 50 employees at 5 locations. Friend Bank (AL) has a B+ health rating.


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Health Grade Components

FDIC Certificate #2828
Year Established1905
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.02%
Return on Equity - YTD19.96%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$180.9MM$186.7MM
LoansQ1 2023vs Q1 2022$111.5MM$95.2MM
DepositsQ1 2023vs Q1 2022$161.6MM$169.6MM
Equity CapitalQ1 2023vs Q1 2022$18.8MM$16.6MM
Loan Loss AllowanceQ1 2023vs Q1 2022$2.1MM$1.9MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$285.00K$155.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$75.00K
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Friend Bank (AL) Checking Account Rates

5.00%-$20kFriend Smart Checking

Friend Bank (AL) Locations
Friend Bank220 E Lawrence Harris HwySlocomb, AL 36375
Friend Bank - Dothan Branch3105 Ross Clark CircleDothan, AL 36303
Newton Office Branch465 S. College StNewton, AL 36352
Geneva Branch1242 Magolia AveGeneva, AL 36340
Friend Bank Branch307 West Main StreetHartford, AL 36344

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