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 Local Bank
Local Bank
| RSSD ID 470434 | CERTIFICATE 9614 | ABA NUMBER 62104397 |
| 205 Mcfarland Cir N |
Quarter Ended : |
2025-09-30 |
| Tuscaloosa, Alabama, 35406 |
Updated : |
2025-10-30 |
| mylocal.bank |
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| Institution Profile |
| Year Opened : |
1914 |
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 : |
57 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 110,369 |
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Total Interest Income | 4,408 |
| Total Liabilities | 91,952 |
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Total NonInterest Income | 6,221 |
| Total Bank Equity Capital | 18,417 |
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Total Interest Expense | 1,859 |
| Total Deposits | 85,820 |
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Total NonInterest Expense | 8,464 |
| Net Loans & Leases | 64,340 |
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Net Income | 141 |
| Loan Loss Allowance | 674 |
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Net Charge Offs | (11) |
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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 | 63,840 |
| Total assets for the leverage ratio | 95,116 |
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Loans secured by real estate: | 64,625 |
| Tier 1 Leverage Ratio | 17.42 |
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Commercial and industrial loans | 8,662 |
| Off Balance Sheet Exposures (%) | 0 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,132 |
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:· Local Bank
