Peoples Independent Bank vs Southern Bank Co
Side-by-side bank health comparison using FDIC financial data
Peoples Independent Bank (A) and Southern Bank Co (A) are close on the BankHealth rubric. Asset bases: $447M versus $114M.
With grades this close, the choice between banks turns more on product fit, branch convenience, rates, and digital experience than on rubric-driven safety differences.
Verdict
Peoples Independent Bank has a stronger Bank Health Score of 97/100 (A) compared to Southern Bank Co at 97/100 (A), a difference of 0 points. Peoples Independent Bank holds a Tier 1 capital ratio of 14.7% and an NPL ratio of 0.32%.
| Metric | Peoples Independent Bank | Southern Bank Co |
|---|---|---|
| Health Score Composite score (0-100) based on capital, loan quality, liquidity, and profitability | 97/100 (A) | 97/100 (A) |
| Tier 1 Capital Ratio Core equity capital as % of risk-weighted assets (8%+ is well-capitalized) | 14.7% | 15.9%* |
| NPL Ratio Nonperforming loans as % of total loans (lower is better) | 0.3% | 0.3%* |
| Liquidity Ratio Cash and liquid assets vs obligations | 51.5%* | 44.6% |
| Return on Assets Profitability metric (above 1% is strong) | 2.0%* | 1.8% |
| Total Assets | $447M | $114M |
| Total Deposits | $397M | $93M |
| Location | Boaz, Alabama | Gadsden, Alabama |
Peoples Independent Bank has a stronger Bank Health Score of 97/100 (A) compared to Southern Bank Co at 97/100 (A), a difference of 0 points. Peoples Independent Bank holds a Tier 1 capital ratio of 14.7% and an NPL ratio of 0.32%.