BANK INDEPENDENT
SHEFFIELD, ALABAMA · FDIC Cert #16604
Capital & Safety Analysis
According to FDIC financial data, BANK INDEPENDENT holds a Tier 1 capital ratio of 10.78%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK INDEPENDENT has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
BANK INDEPENDENT shows strong financial health indicators. With $2.7B in assets and a Health Score of 79/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
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.
Frequently Asked Questions
BANK INDEPENDENT has a Bank Health Score of B (79/100). It holds a Tier 1 capital ratio of 10.78%, 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 INDEPENDENT holds $2.7B in total assets and $2.3B in total deposits. It is located in SHEFFIELD, ALABAMA (FDIC Certificate #16604).
BANK INDEPENDENT has a Tier 1 capital ratio of 10.78%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.26%, and the return on assets is 1.11%.
Yes. BANK INDEPENDENT is FDIC-insured (Certificate #16604). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.