North Alabama Bank is headquartered in Hazel Green and is the 65th largest bank in the state of Alabama. It is also the 3,482nd largest bank in the nation. It was established in 1989 and as of June of 2022, it had grown to 41 employees at 4 locations. North Alabama Bank has an A+ health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 27560 |
| Year Established | 1989 |
| Employees | 41 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 10.34% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $152.0MM$142.4MM |
| Loans | Q2 2022vs Q2 2021 | $96.7MM$86.4MM |
| Deposits | Q2 2022vs Q2 2021 | $136.7MM$126.0MM |
| Equity Capital | Q2 2022vs Q2 2021 | $14.2MM$14.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.3MM$1.1MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $91.00K$61.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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| North Alabama Bank Locations | ||
|---|---|---|
| North Alabama Bank | 13914 Highway 231 431 N | Hazel Green, AL 35750 |
| Winchester Road Branch | 1590 Winchester Road | Huntsville, AL 35811 |
| Providence Branch | 220 Providence Main Street | Huntsville, AL 35806 |
| North Alabama Bank Ardmore Branch | 30010 Ardmore Ave | Ardmore, AL 35739 |