Alabama – Colbert – Sheffield
(SM) Commercial bank, state charter & Fed member
active
www.bibank.com
Alabama
Colbert
Sheffield
(SM) Commercial bank, state charter & Fed member
active
16604
1947
FDIC Certificate Number: 16604
FDIC's unique number: 10746
The FDIC Field Office where an institution is physically located: Shelby
Federal Reserve ID Number: 539032
Report Date: 2011-06-30
Bank Charter Class: SM
Number of Domestic Offices: 28
Number of Foreign Offices: 0
The date of the last data update: 2011-02-24
1947-08-02 Institution established. Original name: First Colbert National Bank.
1970-06-15 Moved bank headquarters from Leighton, Alabama to Sheffield, Alabama.
1982-12-01 Acquired The Bank Of Florence in Florence, Alabama.
1982-12-01 Changed name to Bank Independent .
2008-12-06 Acquired The Citizens Bank in Moulton, Alabama.
Total assets: $1,026,368,000
Total deposits: $869,183,000
Deposits held in domestic offices: $869,183,000
Equity capital: $123,785,000
Net income: $4,987,000
Return on Assets: 0.99
Return on Equity: 8.15
Last updated on: 2011-10-20
Bank Holding Company: Bancindependent Incorporated
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Profile ID: LFUS-BAB-P-8399