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Peoples Independent Bank
Boaz, AL · FDIC Certificate #27233 · Chartered 05/0
Total assets
$485.68M
Total deposits
$441.34M
Total equity
$40.88M
Net loans
$187.79M
Branches (offices)
9
Net income (YTD)
$3.85M
Rank: #1,826 of 4,213 U.S. banks by assets · #30 of 93 in Alabama. Assets changed 5.2% and deposits 5.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.60% |
| Return on equity | 19.04% |
| Net interest margin (YTD) | 3.56% |
| Equity to assets | 8.42% |
| Tier 1 leverage ratio | 9.41% |
| Uninsured deposits (share of deposits) | 26.1% |
| Noncurrent loans (share of loans) | 0.30% |
| Net charge-offs (share of loans) | 0.03% |
| Loans to deposits | 42.5% |
| Real estate loans (share of loans) | 83.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $156.73M | 83.5% | |
| Commercial & industrial | $17.58M | 9.4% | |
| Consumer / individual | $5.08M | 2.7% | |
| Construction & development | $19.95M | 10.6% | |
| Agricultural | $2.08M | 1.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $429.77M | $399.63M | $2.85M | $26.69M |
| Jun 2023 | $449.65M | $389.35M | $3.10M | $28.10M |
| Jun 2024 | $446.82M | $396.56M | $4.14M | $35.10M |
| Jun 2025 | $461.58M | $419.87M | $3.73M | $37.81M |
| Jun 2026 | $485.68M | $441.34M | $3.85M | $40.88M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Alabama | $441.34M | 9 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $441.34M.
Similar-sized banks
Eclipse Bank, Inc. ($485.69M) · Wallkill Valley Federal Savings And Loan Association ($484.97M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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