Bank47 is a state-chartered bank headquartered in Huntsville, Alabama, in business for about 36 years. At the end of Q2 2026 it reported $97.0M in total assets and $87.7M in deposits, with 2 offices.
Based on its Q2 2026 filing, Bank47 scores 69/100, which we describe as moderate. That is higher than only 37% of 546 banks with under $100 million in assets. Among 93 banks headquartered in Alabama, it ranks 56th. Its strongest component is problem-loan coverage (98/100; 1.2%), and its lowest is earnings (0/100; -4.32%).
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
From Q2 2025 to Q2 2026, the score rose 2 points (67 → 69), mostly because the loan quality component improved by 37 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 54 |
| Q3 2024 | 65 |
| Q4 2024 | 63 |
| Q1 2025 | 65 |
| Q2 2025 | 67 |
| Q3 2025 | 68 |
| Q4 2025 | 73 |
| Q1 2026 | 66 |
| Q2 2026 | 69 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 22.40% |
| Q3 2024 | 20.23% |
| Q4 2024 | 18.25% |
| Q1 2025 | 17.07% |
| Q2 2025 | 16.33% |
| Q3 2025 | 16.43% |
| Q4 2025 | 13.61% |
| Q1 2026 | 13.50% |
| Q2 2026 | 12.97% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 3.01% |
| Q3 2024 | 1.71% |
| Q4 2024 | 1.75% |
| Q1 2025 | 1.55% |
| Q2 2025 | 1.29% |
| Q3 2025 | 1.15% |
| Q4 2025 | 0.13% |
| Q1 2026 | 0.81% |
| Q2 2026 | 0.18% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | -3.13% |
| Q3 2024 | -2.95% |
| Q4 2024 | -3.35% |
| Q1 2025 | -4.27% |
| Q2 2025 | -4.83% |
| Q3 2025 | -5.38% |
| Q4 2025 | -5.56% |
| Q1 2026 | -5.52% |
| Q2 2026 | -4.32% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 69 | $97.0M | 12.97% | 0.18% | -4.32% | 72.5% |
| Q1 2026 | 66 | $88.0M | 13.50% | 0.81% | -5.52% | 63.8% |
| Q4 2025 | 73 | $83.4M | 13.61% | 0.13% | -5.56% | 55.2% |
| Q3 2025 | 68 | $79.7M | 16.43% | 1.15% | -5.38% | 53.2% |
| Q2 2025 | 67 | $69.3M | 16.33% | 1.29% | -4.83% | 62.7% |
| Q1 2025 | 65 | $71.3M | 17.07% | 1.55% | -4.27% | 48.0% |
| Q4 2024 | 63 | $73.7M | 18.25% | 1.75% | -3.35% | 41.2% |
| Q3 2024 | 65 | $70.1M | 20.23% | 1.71% | -2.95% | 43.4% |
| Q2 2024 | 54 | $61.1M | 22.40% | 3.01% | -3.13% | 30.5% |
546 peers · Under $100 million in assets
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 |
|---|---|---|---|---|---|
| The Farmers & Merchants BankBank Waterloo, AL | 75 out of 100, Strong | $98.3M | 17.0% | 1.33% | vs |
| Bank of Walker CountyBank Jasper, AL | 75 out of 100, Strong | $98.5M | 11.2% | 0.46% | vs |
| Peoples Exchange BankBank Monroeville, AL | 64 out of 100, Moderate | $98.6M | 13.5% | 2.44% | vs |
| Nova BankBank Huntsville, AL | 82 out of 100, Strong | $91.2M | 28.1% | 0.00% | vs |
| Commonwealth National BankBank Mobile, AL | 45 out of 100, Below average | $78.5M | 13.7% | 4.31% | vs |
| Bank of EvergreenBank Evergreen, AL | 81 out of 100, Strong | $78.1M | 14.2% | 0.59% | vs |
Deposit insurance
Is my money safe at Bank47?
Yes. Bank47 is an FDIC-insured institution (FDIC certificate #32968). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 24.8% of deposits ($21.7M) are above the $250,000 FDIC insurance limit, above the peer median of 16%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.97%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
2 locations
Branches
Bank47 lists 2 offices in 2 cities. Most locations:
- Huntsville, AL (1)
- Union Springs, AL (1)
Identity & history
Profile
- Legal name
- Bank47
- Former names
- Community Bank and Trust - Alabama; LifeSteps Bank & Trust
- Type
- State-chartered bank
- FDIC certificate #
- 32968
- RSSD ID
- 1474309
- Primary regulator
- FDIC
- Established
- May 18, 1990
- Headquarters
- 415a Church St Nw, Huntsville, AL 35801
- Website
- www.bank-47.com
- Employees
- 26
Quick answers
Bank47: common questions
Is Bank47 FDIC insured?
Yes. Bank47 is an FDIC-insured institution (FDIC certificate #32968). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Bank47's TellerScore?
69 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 Bank47 ever failed?
There is no failure record for FDIC certificate #32968 in the FDIC failed bank list.
How many branches does Bank47 have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Huntsville
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Family Security Credit UnionCredit union Decatur, AL | 95 out of 100, Very strong | $1.1B | 19.9% | 0.61% | vs |
| First Jackson Bank, Inc.Bank Stevenson, AL | 93 out of 100, Very strong | $444.3M | 14.8% | 0.08% | vs |
| First State Bank of the South, Inc.Bank Sulligent, AL | 89 out of 100, Very strong | $130.7M | 16.4% | 0.24% | vs |
| First State Bank of DeKalb CountyBank Fort Payne, AL | 86 out of 100, Very strong | $353.8M | 14.1% | 0.84% | vs |
| Redstone Federal Credit UnionCredit union Huntsville, AL | 85 out of 100, Very strong | $8.6B | 13.9% | 0.70% | vs |
| First Metro BankBank Muscle Shoals, AL | 84 out of 100, Strong | $1.0B | 13.0% | 0.13% | vs |