Southern Independent Bank is a state-chartered bank headquartered in Opp, Alabama, in business for about 20 years. At the end of Q2 2026 it reported $395.3M in total assets and $336.5M in deposits, with 3 offices.
Based on its Q2 2026 filing, Southern Independent Bank scores 87/100, which we describe as very strong. That is higher than 91% of 2,650 banks with $100 million – $1 billion. Among 93 banks headquartered in Alabama, it ranks 9th. Its strongest component is problem-loan coverage (99/100; 0.3%), and its lowest is earnings (64/100; 1.11%).
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 3 points (90 → 87), mostly because the capital cushion component weakened by 5 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 84 |
| Q3 2024 | 85 |
| Q4 2024 | 85 |
| Q1 2025 | 84 |
| Q2 2025 | 90 |
| Q3 2025 | 87 |
| Q4 2025 | 86 |
| Q1 2026 | 88 |
| Q2 2026 | 87 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 13.80% |
| Q3 2024 | 13.82% |
| Q4 2024 | 13.65% |
| Q1 2025 | 14.03% |
| Q2 2025 | 14.14% |
| Q3 2025 | 13.40% |
| Q4 2025 | 13.34% |
| Q1 2026 | 13.51% |
| Q2 2026 | 13.63% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.20% |
| Q3 2024 | 0.10% |
| Q4 2024 | 0.12% |
| Q1 2025 | 0.36% |
| Q2 2025 | 0.07% |
| Q3 2025 | 0.07% |
| Q4 2025 | 0.06% |
| Q1 2026 | 0.07% |
| Q2 2026 | 0.08% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.78% |
| Q3 2024 | 0.84% |
| Q4 2024 | 0.85% |
| Q1 2025 | 0.93% |
| Q2 2025 | 1.19% |
| Q3 2025 | 1.17% |
| Q4 2025 | 1.07% |
| Q1 2026 | 1.21% |
| Q2 2026 | 1.11% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 87 | $395.3M | 13.63% | 0.08% | 1.11% | 53.1% |
| Q1 2026 | 88 | $402.9M | 13.51% | 0.07% | 1.21% | 51.2% |
| Q4 2025 | 86 | $395.6M | 13.34% | 0.06% | 1.07% | 51.5% |
| Q3 2025 | 87 | $386.7M | 13.40% | 0.07% | 1.17% | 51.3% |
| Q2 2025 | 90 | $381.5M | 14.14% | 0.07% | 1.19% | 52.1% |
| Q1 2025 | 84 | $376.1M | 14.03% | 0.36% | 0.93% | 51.6% |
| Q4 2024 | 85 | $377.4M | 13.65% | 0.12% | 0.85% | 49.2% |
| Q3 2024 | 85 | $367.6M | 13.82% | 0.10% | 0.84% | 48.5% |
| Q2 2024 | 84 | $359.2M | 13.80% | 0.20% | 0.78% | 46.8% |
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 Exchange Bank of AlabamaBank Altoona, AL | 91 out of 100, Very strong | $392.5M | 15.3% | 0.04% | vs |
| First Citizens BankBank Luverne, AL | 87 out of 100, Very strong | $402.6M | 14.3% | 0.76% | vs |
| Pinnacle BankBank Jasper, AL | 76 out of 100, Strong | $384.5M | 11.3% | 0.02% | vs |
| State Bank & TrustBank Winfield, AL | 63 out of 100, Moderate | $413.0M | 9.0% | 0.51% | vs |
| First National BankBank Hamilton, AL | 97 out of 100, Very strong | $372.7M | 19.0% | 0.25% | vs |
| Premier Bank of the SouthBank Cullman, AL | 72 out of 100, Strong | $370.6M | 9.4% | 0.00% | vs |
Deposit insurance
Is my money safe at Southern Independent Bank?
Yes. Southern Independent Bank is an FDIC-insured institution (FDIC certificate #58357). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 19.5% of deposits ($65.7M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 13.63%, 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
Southern Independent Bank lists 3 offices in 3 cities. Most locations:
- Andalusia, AL (1)
- Florala, AL (1)
- Opp, AL (1)
Identity & history
Profile
- Legal name
- Southern Independent Bank
- Type
- State-chartered bank
- FDIC certificate #
- 58357
- RSSD ID
- 3531176
- Primary regulator
- FDIC
- Holding company
- Southern Ind Bancshares Inc
- Established
- December 4, 2006
- Headquarters
- 503 N Main St, Opp, AL 36467
- Employees
- 49
Quick answers
Southern Independent Bank: common questions
Is Southern Independent Bank FDIC insured?
Yes. Southern Independent Bank is an FDIC-insured institution (FDIC certificate #58357). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Southern Independent Bank's TellerScore?
87 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Southern Independent Bank ever failed?
There is no failure record for FDIC certificate #58357 in the FDIC failed bank list.
How many branches does Southern Independent Bank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Opp
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Samson Banking Company, Inc.Bank Samson, AL | 94 out of 100, Very strong | $124.5M | 14.8% | 0.00% | vs |
| Andalusia Mills Employees Credit As Federal Credit UnionCredit union Andalusia, AL | 87 out of 100, Very strong | $3.2M | 20.5% | 0.35% | vs |
| Friend BankBank Slocomb, AL | 85 out of 100, Very strong | $221.0M | 13.5% | 0.48% | vs |
| CCB Community BankBank Andalusia, AL | 79 out of 100, Strong | $661.9M | 10.5% | 0.19% | vs |
| Dozier BankBank Dozier, AL | 73 out of 100, Strong | $54.8M | 26.8% | 1.84% | vs |
| Five Star Credit UnionCredit union Dothan, AL | 72 out of 100, Strong | $1.3B | 13.8% | 1.50% | vs |