Alamerica Bank
Birmingham, Alabama · FDIC Cert #35314
This is the FDIC profile for Alamerica Bank, an FDIC-insured bank (Certificate #35314) with $18M in total assets and $15M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Birmingham, Alabama, the bank maintains a Tier 1 capital ratio of 20.97% (Well-Capitalized) and a nonperforming loan ratio of 5.26%. BankHealthData assigns a composite Health Grade of C (60/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Alamerica Bank (FDIC cert 35314) is a community bank — $18M in total assets, $15M in deposits, serving the Birmingham, Alabama area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 20.97% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality shows stress: non-performing loan ratio of 5.26% is well above the peer median and signals significant credit-quality challenges. Banks in this range typically face heightened regulatory monitoring. Liquidity is comfortable: 37.7% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is negative: ROA of -5.94% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Alamerica Bank carries a composite BankHealth grade of C (60/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Alamerica Bank
- Total Assets
- $18M
- Total Deposits
- $15M
- Tier 1 Capital Ratio
- 20.97%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 5.26%
- Liquidity Ratio
- 37.72%
- Return on Assets
- -5.94%
- Headquarters
- Birmingham, Alabama
- FDIC Certificate
- #35314
- Health Grade
- C (60/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Alamerica Bank files quarterly Call Reports with the FDIC under Certificate #35314. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Alamerica Bank holds a Tier 1 capital ratio of 20.97%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Alamerica Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Alamerica Bank shows average financial health. While not alarming, its Health Score of 60/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Alamerica Bank Compares
Alamerica Bank’s Health Score of 60 is 22 points below the Alabama state average of 82 across 78 FDIC-insured banks. Its 20.97% Tier 1 capital ratio is 7.0 points above the US banking industry average near 14%. The 5.26% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of -5.94% is below the national ROA benchmark of ~1.1%. Among 108 similarly-sized banks, the average Health Score is 86, meaning this bank ranks below its size cohort. Site-wide, Alamerica Bank is 20 points below the portfolio average of 80.
Frequently Asked Questions
Alamerica Bank has a Bank Health Score of C (60/100), placing it in average financial health. It holds a Tier 1 capital ratio of 20.97%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Alamerica Bank's Tier 1 capital ratio of 20.97% and nonperforming loan ratio of 5.26% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Alamerica Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #35314). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Alamerica Bank holds $18M in total assets and $15M in total deposits. It is headquartered in Birmingham, Alabama (FDIC Certificate #35314).
Alamerica Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #35314 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Alamerica Bank has a Tier 1 capital ratio of 20.97%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 5.26%, and the return on assets is -5.94%.
Yes. Alamerica Bank is FDIC-insured (Certificate #35314). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Alamerica Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.