|
 |
|
|
 Southern Independent Bank
Southern Independent Bank
| RSSD ID 3531176 | CERTIFICATE 58357 | ABA NUMBER 62106573 |
| 503 N Main St |
Quarter Ended : |
2025-12-31 |
| Opp, Alabama, 36467 |
Updated : |
2026-01-27 |
| www.southernindependentbank.com |
|
| 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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
46 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 395,627 |
|
Total Interest Income | 19,426 |
| Total Liabilities | 351,799 |
|
Total NonInterest Income | 2,002 |
| Total Bank Equity Capital | 43,828 |
|
Total Interest Expense | 8,143 |
| Total Deposits | 337,765 |
|
Total NonInterest Expense | 7,727 |
| Net Loans & Leases | 173,931 |
|
Net Income | 4,108 |
| Loan Loss Allowance | 1,984 |
|
Net Charge Offs | 6 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 55,034 |
|
Total loans | 175,144 |
| Total assets for the leverage ratio | 392,970 |
|
Loans secured by real estate: | 134,756 |
| Tier 1 Leverage Ratio | 13.34 |
|
Commercial and industrial loans | 29,378 |
| Tier 1 Capital Ratio | 21.38 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 22.45 |
|
Loans to individuals - Other | 6,421 |
|
|
|
|
:· Southern Independent Bank
