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Bank Independent, Financial Information

About Bank Independent

 Address:
710 South Montgomery Avenue
Sheffield, AL
Colbert County, Alabama
 Established:
Aug 1947
 Number of domestic offices:
31
Total assets$2,017M
Net income$18M
Net income, quarterly$5M
Total deposits$1,721M
Domestic deposits$1,721M
Equity capital$174M
ROA0.96%
ROAQ, quarterly1.04%
ROA, pretax1.04%
ROAQ, quarterly, pretax1.32%
ROE10.49%
ROEQ, quarterly11.78%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data