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 Southern Independent Bank
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Southern Independent Bank
| RSSD ID 3531176 | CERTIFICATE 58357 | ABA NUMBER 62106573 |
| 503 N Main St |
Quarter Ended : |
2026-06-30 |
| Opp, Alabama, 36467 |
Updated : |
2026-07-24 |
| www.southernindependentbank.com |
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| Institution Profile |
| Year Opened : |
2006 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
49 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 395,277 |
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Total Interest Income | 9,952 |
| Total Liabilities | 350,031 |
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Total NonInterest Income | 697 |
| Total Bank Equity Capital | 45,246 |
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Total Interest Expense | 3,907 |
| Total Deposits | 336,477 |
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Total NonInterest Expense | 3,934 |
| Net Loans & Leases | 178,653 |
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Net Income | 2,205 |
| Loan Loss Allowance | 2,055 |
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Net Charge Offs | 34 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 190,749 |
| Total assets for the leverage ratio | 400,815 |
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Loans secured by real estate: | 146,221 |
| Tier 1 Leverage Ratio | 13.63 |
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Commercial and industrial loans | 31,357 |
| Off Balance Sheet Exposures (%) | 10.02 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 7,028 |
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:· Southern Independent Bank
