North Alabama Bank
North Alabama Bank
Overview / Commentary
North Alabama Bank is headquartered in Hazel Green and is the 93rd largest bank in the state of Alabama. It is also the 4,345th largest bank in the nation. It was established in 1989 and as of March of 2018, it had grown to 31 employees at 3 locations. North Alabama Bank has a C+ health rating.
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Health
C+
Data as of Q1 2018
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. North Alabama Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 27560 |
| Year Established | 1989 |
| Employees | 31 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 8.81% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $92.7MM$94.3MM |
| Loans | Q1 2018vs Q1 2017 | $65.4MM$57.8MM |
| Deposits | Q1 2018vs Q1 2017 | $80.4MM$82.3MM |
| Equity Capital | Q1 2018vs Q1 2017 | $12.1MM$11.9MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $818.00K$774.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $2.0MM$0 |
| Real Estate Owned | Q1 2018vs Q1 2017 | $50.00K$918.00K |
Rates
Sorry, we do not have rate data for North Alabama Bank.
Locations
| North Alabama Bank Locations | ||
|---|---|---|
| North Alabama Bank | 13914 Highway 231-431 North | Hazel Green, AL 35750 |
| Winchester Road Branch | 1590 Winchester Road | Huntsville, AL 35811 |
| Providence Branch | 220 Providence Main Street | Huntsville, AL 35806 |