Total Assets
$396M
Total balance-sheet footings
FDIC Cert #58357 · Opp, Alabama · Est. 2006
Southern Independent Bank - FDIC Bank Health Profile
A community-scale look at Southern Independent Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $396M
- Total assets
- A
- Health grade · Excellent
- 1.07%
- Return on assets
- 21.4%
- Tier 1 capital
Data updated July 2026
The verdict
Southern Independent Bank earns a PlainBankData health grade of A (92/100), with well-capitalized at 21.38% Tier 1, profitable at 1.07% ROA, efficient (58% cost ratio).
- #2,095
- largest of 4,313 FDIC banks by assets
- 51st
- percentile by asset size, nationally
- 21.38%
- Tier 1 ratio - above the 10% well-capitalized line
- 48th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How Southern Independent Bank's 92/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Southern Independent Bank's composite health score
Tier 1 Capital Ratio (21.38%) 40/40
Return on Assets (ROA) (1.07%) 20/25
Texas Ratio (0.25%) 20/20
Efficiency Ratio (58.16%) 12/15
92 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$338M
Customer-funded liabilities
Net Loans
$174M
Outstanding loan book
Net Income
$4M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Southern Independent Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Southern Independent Bank's score of 92/100 falls in the highlighted band.
Southern Independent Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Southern Independent Bank's $396M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
21.38% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
21.38%
Texas Ratio
0.25%
Equity Capital
$44M
Profitability metrics
Return on Assets (ROA)
48th percentile nationally
1.07%
Return on Equity (ROE)
9.91%
Efficiency Ratio
58.16%
What the numbers say about Southern Independent Bank
Southern Independent Bank is an FDIC-insured institution (Certificate #58357) headquartered in Opp, Alabama, established in 2006. It holds $396M in total assets - 2,095th of 4,313 FDIC-insured banks, $338M in customer deposits, and $174M in net loans. Capital-wise, the Tier 1 ratio sits at 21.38%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 0.25%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (92 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Southern Independent Bank sits 38th of 94 banks headquartered in Alabama by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$19M
Interest Income
$2M
Non-Interest Income
$8M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Southern Independent Bank reports a Texas Ratio of 0.25% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.25% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Alabama by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Southern Independent Bank (FDIC Cert #58357) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Alabama
All Alabama banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Regions BankBirmingham | $157.4B | A | 1.43% |
| ServisFirst BankBirmingham | $17.7B | A | 1.58% |
| River Bank & TrustPrattville | $3.8B | A | 1.18% |
| Bank IndependentSheffield | $3.0B | B | 1.01% |
| Bryant BankTuscaloosa | $2.9B | A | 1.69% |
| CB&S Bank, Inc.Russellville | $2.9B | C | 0.85% |
| Oakworth Capital BankBirmingham | $2.0B | B | 1.17% |
| Troy Bank & Trust CompanyTroy | $1.6B | A | 1.34% |
Frequently asked questions
What is Southern Independent Bank's health grade?▼
Southern Independent Bank receives a health grade of A (92/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Southern Independent Bank?▼
Southern Independent Bank holds $396M in total assets and $338M in deposits, ranking 2,095th of 4,313 FDIC-insured banks by asset size. It is headquartered in Opp, Alabama.
Is my money safe at Southern Independent Bank?▼
Yes, deposits at Southern Independent Bank (Certificate #58357) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Southern Independent Bank's Tier 1 Capital Ratio?▼
Southern Independent Bank has a Tier 1 Capital Ratio of 21.38%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Southern Independent Bank?▼
Southern Independent Bank has a Texas Ratio of 0.25%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Southern Independent Bank?▼
Southern Independent Bank has an Efficiency Ratio of 58.16%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Southern Independent Bank's profile as a depositor or analyst.
- Southern Independent Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Southern Independent Bank against other Alabama banks before moving funds. Alabama banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.