West Alabama Bank

Overview / Commentary
509 1st Avenue West
Reform, AL 35481

West Alabama Bank is headquartered in Reform and is the 19th largest bank in the state of Alabama. It is also the 1,199th largest bank in the nation. It was established in 1944 and as of December of 2020, it had grown to 157 employees at 15 locations. West Alabama Bank has an A+ health rating.

Reviews (1)

Great Service And Personnel !

Posted by: |

3 years ago, I built a new home... I sold my  pervious home, and deposited the cash from that sale into my checking account.  I would draw from that as the new home was being built.  At one point, I was nervous that I'd run out of money, so I went to the Northport branch, walked in, and in less than 5 minutes, I had an unsecured loan deposited into my checking account!  No questions asked, no red tape.  As it turned out, I didn't need the money, and returned it several weeks later to the bank.  I could NOT be happier with the way I was treated, nor the concern of the loan officer.  

My only negative comment is there are only TWO branches in Tuscaloosa... We need MORE and closer to the east part of Tuscaloosa.   Thanks!  John E.   Easton Place


Health Grade Components

FDIC Certificate #16175
Year Established1944
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD6.37%
Annual Interest Income$25.5MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$735.6MM$644.1MM
LoansQ4 2020vs Q4 2019$386.9MM$392.3MM
DepositsQ4 2020vs Q4 2019$615.2MM$525.4MM
Equity CapitalQ4 2020vs Q4 2019$95.3MM$89.8MM
Loan Loss AllowanceQ4 2020vs Q4 2019$4.8MM$4.2MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.2MM$1.1MM
Real Estate OwnedQ4 2020vs Q4 2019$125.00K$0

Sorry, we do not have rate data for West Alabama Bank.



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.