BranchWatch

Bank Independent

Headquartered in Sheffield, AL. Part of Bancindependent, Incorporated. FDIC certificate #16604 · Federal Reserve RSSD 539032.

Total assets
$3.0B
Deposits
$2.6B
Q1 2026
Active branches
34
Closings since Jan 2020
1
6 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$7M
Return on assets
0.93%
Return on equity
9.88%
Noncurrent loan rate
0.64%

Deposits by year (Summary of Deposits)

1
2019
2
2020
2
2021
2
2022
2
2023
2
2024
2
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2023

Openings by year

2
2020
1
2022
2
2023
1
2024

Other network changes since 2020

  • 2 branch relocations

Branches by state

Alabama 34

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bibank.com.