Bank Independent (FDIC certificate #16604) is based in Sheffield, Alabama. Its Q2 2026 call report shows $2.9B in total assets and $2.5B in deposits and 34 offices.
Bank Independent has a TellerScore of 65 out of 100 (moderate) based on Q2 2026 data — higher than only 36% of its 897 banks with $1 billion – $10 billion. Among 93 banks headquartered in Alabama, it ranks 64th. Problem-loan coverage contributes the most (97/100, 1.3%); earnings contributes the least (45/100, 0.63%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (65 → 65).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 63 |
| Q3 2024 | 64 |
| Q4 2024 | 64 |
| Q1 2025 | 63 |
| Q2 2025 | 65 |
| Q3 2025 | 66 |
| Q4 2025 | 67 |
| Q1 2026 | 63 |
| Q2 2026 | 65 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.28% |
| Q3 2024 | 8.44% |
| Q4 2024 | 8.49% |
| Q1 2025 | 8.61% |
| Q2 2025 | 8.81% |
| Q3 2025 | 8.75% |
| Q4 2025 | 8.73% |
| Q1 2026 | 9.53% |
| Q2 2026 | 9.82% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.26% |
| Q3 2024 | 0.25% |
| Q4 2024 | 0.37% |
| Q1 2025 | 0.33% |
| Q2 2025 | 0.20% |
| Q3 2025 | 0.19% |
| Q4 2025 | 0.17% |
| Q1 2026 | 0.64% |
| Q2 2026 | 0.22% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.86% |
| Q3 2024 | 0.94% |
| Q4 2024 | 0.95% |
| Q1 2025 | 0.92% |
| Q2 2025 | 1.01% |
| Q3 2025 | 1.01% |
| Q4 2025 | 1.01% |
| Q1 2026 | 0.93% |
| Q2 2026 | 0.63% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 65 | $2.9B | 9.82% | 0.22% | 0.63% | 74.4% |
| Q1 2026 | 63 | $3.0B | 9.53% | 0.64% | 0.93% | 70.9% |
| Q4 2025 | 67 | $3.0B | 8.73% | 0.17% | 1.01% | 68.1% |
| Q3 2025 | 66 | $2.9B | 8.75% | 0.19% | 1.01% | 73.2% |
| Q2 2025 | 65 | $2.8B | 8.81% | 0.20% | 1.01% | 76.6% |
| Q1 2025 | 63 | $2.8B | 8.61% | 0.33% | 0.92% | 76.9% |
| Q4 2024 | 64 | $2.8B | 8.49% | 0.37% | 0.95% | 75.5% |
| Q3 2024 | 64 | $2.7B | 8.44% | 0.25% | 0.94% | 79.5% |
| Q2 2024 | 63 | $2.7B | 8.28% | 0.26% | 0.86% | 77.2% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Alabama
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Bryant BankBank Tuscaloosa, AL | 72 out of 100, Strong | $2.9B | 9.5% | 0.07% | vs |
| CB&S Bank, Inc.Bank Russellville, AL | 59 out of 100, Moderate | $3.1B | 10.4% | 1.15% | vs |
| Oakworth Capital BankBank Birmingham, AL | 58 out of 100, Moderate | $2.1B | 9.6% | 0.68% | vs |
| River Bank & TrustBank Prattville, AL | 66 out of 100, Moderate | $4.0B | 9.2% | 0.48% | vs |
| Troy Bank & Trust CompanyBank Troy, AL | 67 out of 100, Moderate | $1.6B | 12.8% | 1.35% | vs |
| United BankBank Atmore, AL | 74 out of 100, Strong | $1.5B | 15.8% | 1.35% | vs |
Deposit insurance
Is my money safe at Bank Independent?
Yes. Bank Independent is an FDIC-insured institution (FDIC certificate #16604). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 42.9% of deposits ($1.1B) are above the $250,000 FDIC insurance limit, above the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.82%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.42% (benchmark: 10%).
34 locations
Branches
Bank Independent lists 30 offices in 19 cities. Most locations:
- Florence, AL (4)
- Decatur, AL (3)
- Huntsville, AL (3)
- Athens, AL (2)
- Madison, AL (2)
- Moulton, AL (2)
- Russellville, AL (2)
- Cherokee, AL (1)
- Courtland, AL (1)
- Hartselle, AL (1)
- Killen, AL (1)
- Leighton, AL (1)
Identity & history
Profile
- Legal name
- Bank Independent
- Former names
- Bank of Leighton; First Colbert National Bank; First Colbert Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 16604
- RSSD ID
- 539032
- Primary regulator
- FED
- Holding company
- Bancindependent Inc
- Established
- August 2, 1947
- Headquarters
- 710 S Montgomery Ave, Sheffield, AL 35660
- Website
- www.bibank.com
- Employees
- 655
Quick answers
Bank Independent: common questions
Is Bank Independent FDIC insured?
Yes. Bank Independent is an FDIC-insured institution (FDIC certificate #16604). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Bank Independent's TellerScore?
65 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Bank Independent ever failed?
There is no failure record for FDIC certificate #16604 in the FDIC failed bank list.
How many branches does Bank Independent have?
34 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Sheffield
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Electrical Workers No 558 Federal Credit UnionCredit union Sheffield, AL | 99 out of 100, Very strong | $45.9M | 20.5% | 0.00% | vs |
| Family Security Credit UnionCredit union Decatur, AL | 95 out of 100, Very strong | $1.1B | 19.9% | 0.61% | vs |
| TVA Community Credit UnionCredit union Muscle Shoals, AL | 90 out of 100, Very strong | $429.0M | 18.4% | 0.32% | vs |
| Lauderdale County Teachers Credit UnionCredit union Florence, AL | 90 out of 100, Very strong | $38.5M | 12.8% | 0.00% | vs |
| Valley Credit UnionCredit union Tuscumbia, AL | 84 out of 100, Strong | $112.9M | 14.0% | 0.20% | vs |
| First Metro BankBank Muscle Shoals, AL | 84 out of 100, Strong | $1.0B | 13.0% | 0.13% | vs |