North Alabama Bank is headquartered in Hazel Green and is the 73rd largest bank in the state of Alabama. It is also the 3,733rd largest bank in the nation. It was established in 1989 and as of June of 2020, it had grown to 38 employees at 4 locations. North Alabama Bank has an A+ health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 27560 |
| Year Established | 1989 |
| Employees | 38 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 9.22% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $127.4MM$108.9MM |
| Loans | Q2 2020vs Q2 2019 | $91.6MM$79.6MM |
| Deposits | Q2 2020vs Q2 2019 | $111.5MM$93.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $14.1MM$14.0MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $847.00K$677.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $65.00K$165.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$50.00K |
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| 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 |
| North Alabama Bank Ardmore Branch | 26772 Main Street | Ardmore, AL 35739 |