Local Bank is a state-chartered bank headquartered in Tuscaloosa, Alabama, in business for about 112 years. At the end of Q2 2026 it reported $111.3M in total assets and $87.5M in deposits, with 3 offices.
Based on its Q2 2026 filing, Local Bank scores 58/100, which we describe as moderate. That is higher than only 16% of 2,650 banks with $100 million – $1 billion. Among 93 banks headquartered in Alabama, it ranks 78th. Its strongest component is capital cushion (93/100; 14.29%), and its lowest is earnings (0/100; -1.47%).
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 fell 18 points (76 → 58), mostly because the loan quality component weakened by 43 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 70 |
| Q3 2024 | 71 |
| Q4 2024 | 59 |
| Q1 2025 | 72 |
| Q2 2025 | 76 |
| Q3 2025 | 78 |
| Q4 2025 | 59 |
| Q1 2026 | 57 |
| Q2 2026 | 58 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 24.32% |
| Q3 2024 | 23.47% |
| Q4 2024 | 19.79% |
| Q1 2025 | 17.26% |
| Q2 2025 | 16.19% |
| Q3 2025 | 17.42% |
| Q4 2025 | 14.48% |
| Q1 2026 | 14.72% |
| Q2 2026 | 14.29% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.37% |
| Q3 2024 | 0.27% |
| Q4 2024 | 1.32% |
| Q1 2025 | 0.12% |
| Q2 2025 | 0.11% |
| Q3 2025 | 0.11% |
| Q4 2025 | 1.74% |
| Q1 2026 | 1.43% |
| Q2 2026 | 1.42% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | -1.63% |
| Q3 2024 | -1.70% |
| Q4 2024 | -1.70% |
| Q1 2025 | -0.88% |
| Q2 2025 | -0.10% |
| Q3 2025 | 0.20% |
| Q4 2025 | -0.08% |
| Q1 2026 | -2.19% |
| Q2 2026 | -1.47% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 58 | $111.3M | 14.29% | 1.42% | -1.47% | 97.8% |
| Q1 2026 | 57 | $105.4M | 14.72% | 1.43% | -2.19% | 108.9% |
| Q4 2025 | 59 | $109.7M | 14.48% | 1.74% | -0.08% | 95.1% |
| Q3 2025 | 78 | $110.4M | 17.42% | 0.11% | 0.20% | 87.6% |
| Q2 2025 | 76 | $94.6M | 16.19% | 0.11% | -0.10% | 97.4% |
| Q1 2025 | 72 | $84.9M | 17.26% | 0.12% | -0.88% | 101.2% |
| Q4 2024 | 59 | $78.3M | 19.79% | 1.32% | -1.70% | 102.8% |
| Q3 2024 | 71 | $62.0M | 23.47% | 0.27% | -1.70% | 97.3% |
| Q2 2024 | 70 | $60.4M | 24.32% | 0.37% | -1.63% | 94.0% |
2,650 peers · $100 million – $1 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 |
|---|---|---|---|---|---|
| The Commercial Bank Of OzarkBank Ozark, AL | 59 out of 100, Moderate | $115.2M | 9.1% | 1.14% | vs |
| Peoples Bank of GreensboroBank Greensboro, AL | 59 out of 100, Moderate | $115.5M | 8.9% | 1.29% | vs |
| The Samson Banking Company, Inc.Bank Samson, AL | 94 out of 100, Very strong | $124.5M | 14.8% | 0.00% | vs |
| Brantley Bank and Trust CompanyBank Brantley, AL | 48 out of 100, Below average | $126.9M | 10.1% | 2.55% | vs |
| The Citizens BankBank Greensboro, AL | 67 out of 100, Moderate | $129.2M | 12.2% | 1.87% | vs |
| First State Bank of the South, Inc.Bank Sulligent, AL | 89 out of 100, Very strong | $130.7M | 16.4% | 0.24% | vs |
Deposit insurance
Is my money safe at Local Bank?
Yes. Local Bank is an FDIC-insured institution (FDIC certificate #9614). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 23.7% of deposits ($20.7M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 14.29%, 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%).
3 locations
Branches
Local Bank lists 3 offices in 3 cities. Most locations:
- Huntsville, AL (1)
- Red Level, AL (1)
- Tuscaloosa, AL (1)
Identity & history
Profile
- Legal name
- Local Bank
- Former names
- The Peoples Bank of Red Level
- Type
- State-chartered bank
- FDIC certificate #
- 9614
- RSSD ID
- 470434
- Primary regulator
- FDIC
- Holding company
- Local Bcorp Inc
- Established
- August 1, 1914
- Headquarters
- 205 Mcfarland Cir N, Tuscaloosa, AL 35406
- Website
- mylocal.bank
- Employees
- 70
Quick answers
Local Bank: common questions
Is Local Bank FDIC insured?
Yes. Local Bank is an FDIC-insured institution (FDIC certificate #9614). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Local Bank's TellerScore?
58 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 Local Bank ever failed?
There is no failure record for FDIC certificate #9614 in the FDIC failed bank list.
How many branches does Local Bank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Tuscaloosa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Nucor Employee'S Credit UnionCredit union Florence, SC | 91 out of 100, Very strong | $68.2M | 19.7% | 0.61% | vs |
| First State Bank of the South, Inc.Bank Sulligent, AL | 89 out of 100, Very strong | $130.7M | 16.4% | 0.24% | vs |
| City Credit UnionCredit union Tuscaloosa, AL | 86 out of 100, Very strong | $21.3M | 24.0% | 0.79% | vs |
| Tuscaloosa V a Federal Credit UnionCredit union Tuscaloosa, AL | 84 out of 100, Strong | $51.9M | 13.1% | 0.24% | vs |
| Southern Energy Credit UnionCredit union Birmingham, AL | 84 out of 100, Strong | $3.6B | 14.6% | 0.23% | vs |
| Robertson Banking CompanyBank Demopolis, AL | 83 out of 100, Strong | $462.7M | 11.3% | 0.13% | vs |