Safest Banks in Alabama 2026
Alabama has 78 FDIC-insured banks with an average Bank Health Score of 66/100 (B). The safest bank is Bryant Bank with a score of 100/100.
Data from FDIC Q2 2024
Top 20 of 78 Banks in Alabama
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Bryant Bank | Tuscaloosa | A | 100 | 18.33% | 0.07% |
| 2 | Premier Bank of the South | Cullman | A | 97 | 16.69% | 0.02% |
| 3 | Peoples Independent Bank | Boaz | A | 97 | 14.71% | 0.32% |
| 4 | First Financial Bank | Bessemer | A | 96 | 15.09% | 0.21% |
| 5 | Peoples Bank of Alabama | Cullman | A | 96 | 14.06% | 0.22% |
| 6 | Exchange Bank of Alabama | Altoona | A | 95 | 24.02% | 0.27% |
| 7 | Auburnbank | Auburn | A | 93 | 14.47% | 0.14% |
| 8 | Bank of Brewton | Brewton | A | 92 | 28.28% | 0.00% |
| 9 | Robertson Banking Co | Demopolis | A | 91 | 13.13% | 0.41% |
| 10 | Hometown Bank of Alabama | Oneonta | A | 91 | 17.93% | 0.92% |
| 11 | Peoples Bank of Greensboro | Greensboro | A | 88 | 17.29% | 1.01% |
| 12 | First Cmty Bank of Cntl Al | Wetumpka | A | 87 | 10.79% | 0.26% |
| 13 | First Cahawba Bank | Selma | A | 87 | 14.16% | 0.08% |
| 14 | Commercial Bank of Ozark | Ozark | A | 86 | 16.90% | 1.11% |
| 15 | Midsouth Bank | Dothan | A | 86 | 11.95% | 0.09% |
| 16 | Sweet Water State Bank | Sweet Water | A | 85 | 14.89% | 1.58% |
| 17 | First Stb of Dekalb County | Fort Payne | A | 83 | 19.16% | 2.83% |
| 18 | Commonwealth National Bank | Mobile | A | 82 | 35.57% | 1.54% |
| 19 | River Bank&Trust | Prattville | A | 81 | 11.77% | 0.52% |
| 20 | First Bank of Alabama | Talladega | A | 80 | 12.22% | 0.73% |
Bank Health Scores for Alabama are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Bryant Bank in Tuscaloosa is currently the safest bank in Alabama with a score of 100/100 (Grade A).
Alabama has 78 FDIC-insured banks with a combined $211.1B in total assets. The average Bank Health Score across the state is 66/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).