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 Peoples Independent Bank
Peoples Independent Bank
| RSSD ID 1188987 | CERTIFICATE 27233 | ABA NUMBER 62203942 |
| 121 Billy B. Dyar Boulevard |
Quarter Ended : |
2025-03-31 |
| Boaz, Alabama, 35957 |
Updated : |
2025-04-10 |
| www.pibonline.com |
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| Institution Profile |
| Year Opened : |
1988 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
82 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 458,063 |
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Total Interest Income | 6,027 |
| Total Liabilities | 420,421 |
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Total NonInterest Income | 583 |
| Total Bank Equity Capital | 37,642 |
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Total Interest Expense | 2,084 |
| Total Deposits | 416,759 |
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Total NonInterest Expense | 2,601 |
| Net Loans & Leases | 188,515 |
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Net Income | 1,781 |
| Loan Loss Allowance | 1,907 |
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Net Charge Offs | 22 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 46,091 |
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Total loans | 190,620 |
| Total assets for the leverage ratio | 462,114 |
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Loans secured by real estate: | 144,537 |
| Tier 1 Leverage Ratio | 9.56 |
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Commercial and industrial loans | 28,851 |
| Tier 1 Capital Ratio | 15.6 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.28 |
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Loans to individuals - Other | 6,243 |
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:· Peoples Independent Bank
