Peoples Independent Bank

Overview / Commentary
121 Billy B. Dyar Boulevard
Boaz, AL 35957

Peoples Independent Bank is headquartered in Boaz and is the 33rd largest bank in the state of Alabama. It is also the 2,179th largest bank in the nation. It was established in 1988 and as of December of 2019, it had grown to 83 employees at 9 locations. Peoples Independent Bank has an A health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #27233
Year Established1988
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.38%
Return on Equity - YTD12.5%
Annual Interest Income$12.3MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$303.7MM$299.7MM
LoansQ4 2019vs Q4 2018$139.9MM$130.4MM
DepositsQ4 2019vs Q4 2018$266.0MM$265.8MM
Equity CapitalQ4 2019vs Q4 2018$34.4MM$30.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$1.4MM$1.3MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$241.00K$218.00K
Real Estate OwnedQ4 2019vs Q4 2018$1.6MM$3.8MM

Sorry, we do not have rate data for Peoples Independent Bank.


Peoples Independent Bank Locations
Peoples Independent Bank121 Billy B. Dyar BoulevardBoaz, AL 35957
Steele Branch3915 Pope AvenueSteele, AL 35987
Hokes Bluff Branch5690 US Highway 278 EastGadsden, AL 35903
Scottsboro Branch820 South Broad StreetScottsboro, AL 35768
Douglas Branch99 Alabama Highway 168Horton, AL 35980
Gurley Office Branch111 Steel DriveGurley, AL 35748
Horizon Bank Branch1167 Main StFyffe, AL 35971
Powell Branch3736 Main Street PowellFyffe, AL 35971
Sylvania Branch23083 Alabama Highway 75Sylvania, AL 35988

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.