PEOPLES INDEPENDENT BANK
BOAZ, ALABAMA · FDIC Cert #27233
Capital & Safety Analysis
According to FDIC financial data, PEOPLES INDEPENDENT BANK holds a Tier 1 capital ratio of 14.71%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PEOPLES INDEPENDENT BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PEOPLES INDEPENDENT BANK shows strong financial health indicators. With $447M in assets and a Health Score of 97/100, 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
PEOPLES INDEPENDENT BANK has a Bank Health Score of A (97/100). It holds a Tier 1 capital ratio of 14.71%, 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.
PEOPLES INDEPENDENT BANK holds $447M in total assets and $397M in total deposits. It is located in BOAZ, ALABAMA (FDIC Certificate #27233).
PEOPLES INDEPENDENT BANK has a Tier 1 capital ratio of 14.71%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.32%, and the return on assets is 1.96%.
Yes. PEOPLES INDEPENDENT BANK is FDIC-insured (Certificate #27233). 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.