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 Bank Independent
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Bank Independent
| RSSD ID 539032 | CERTIFICATE 16604 | ABA NUMBER 62205791 |
| 710 S Montgomery Ave |
Quarter Ended : |
2026-03-31 |
| Sheffield, Alabama, 35660 |
Updated : |
2026-05-14 |
| www.bibank.com |
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| Institution Profile |
| Year Opened : |
1947 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
34 |
Number of Employees : |
662 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,950,523 |
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Total Interest Income | 41,857 |
| Total Liabilities | 2,657,071 |
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Total NonInterest Income | 5,891 |
| Total Bank Equity Capital | 293,452 |
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Total Interest Expense | 9,927 |
| Total Deposits | 2,561,362 |
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Total NonInterest Expense | 27,505 |
| Net Loans & Leases | 1,813,593 |
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Net Income | 6,916 |
| Loan Loss Allowance | 24,079 |
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Net Charge Offs | 2,996 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 308,218 |
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Total loans | 1,905,548 |
| Total assets for the leverage ratio | 2,981,465 |
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Loans secured by real estate: | 1,470,552 |
| Tier 1 Leverage Ratio | 9.53 |
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Commercial and industrial loans | 409,349 |
| Tier 1 Capital Ratio | 13.19 |
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Loans to individuals - Credit Cards | 1,566 |
| Total Capital Ratio | 14.31 |
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Loans to individuals - Other | 21,028 |
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:· Bank Independent
