Bank Independent

Bank Independent of Sheffield, AL, chartered 1947: 30 offices, $2.86bn in assets, a 9.82% leverage ratio. Straight from the federal record.

Bank Independent is an FDIC-insured community bank headquartered in Sheffield, AL, chartered in 1947. It is supervised by the Federal Reserve and held by Bancindependent Inc. Every figure below is filed by the bank with its regulator and reproduced here unchanged.

Where Bank Independent has branches

30 full-service offices across 1 state:

• Alabama: 30 offices in 19 towns, holding $2.38bn at 30 June 2025

Bank Independent on its latest Call Report, 30 June 2026

• Total assets: $2.86bn
• Total deposits: $2.47bn
• Tier 1 leverage ratio: 9.82%
• Total risk-based capital ratio: 14.42%
• Noncurrent loans, as a share of loans: 0.22%
• Return on assets: 0.63%
• Net interest margin: 4.53%
• Staff: 655

Compare Bank Independent against every other bank with a branch in Alabama, or find the offices nearest you.

Charter and office records from the FDIC BankFind Suite; capital, loan and earnings figures from the bank's own Call Report; deposits by office from the FDIC Summary of Deposits, counted each 30 June.