The Bank of Vernon is headquartered in VERNON and is the 37th largest bank in the state of Alabama. It is also the 2,160th largest bank in the nation. It was established in 1911 and as of March of 2025, it had grown to 55 employees at 5 locations. The Bank of Vernon has an A+ health rating.
Overall | |
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FDIC Certificate # | 51 |
Year Established | 1911 |
Employees | 55 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.22% |
Return on Equity - YTD | 7.43% |
Annual Interest Income | $5.9MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $378.7MM$335.6MM |
Loans | Q1 2025vs Q1 2024 | $253.2MM$212.1MM |
Deposits | Q1 2025vs Q1 2024 | $314.1MM$277.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $62.7MM$56.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.5MM$2.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2MM$542K |
Real Estate Owned | Q1 2025vs Q1 2024 | $416K$0 |
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The Bank of Vernon Locations | ||
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The Bank Of Vernon | 44825 Highway 17 | Vernon, AL 35592 |
Westside Branch | 9435 Highway 18 | Vernon, AL 35592 |
Caledonia Branch | 9715 Wolfe Road | Caledonia, MS 39740 |
Columbus Branch | 3561 Bluecutt Road | Columbus, MS 39705 |
East Columbus Branch | 420 Alabama Street | Columbus, MS 39702 |
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