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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Boaz, AL · FDIC certificate #27233
PEOPLES INDEPENDENT BANK is an FDIC-insured institution based in Boaz, AL (FDIC certificate #27233). In its Q3 2026 Call Report it reported total assets of $442M, total deposits of $401M and net loans of $181M. Its primary federal regulator is FDIC.
Plain-language readout
PEOPLES INDEPENDENT BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $486M in Q2 2026 and were lowest at $442M in Q3 2026.
Total deposits were highest at $442M in Q1 2026 and lowest at $401M in Q3 2026.
Over the whole period total assets fell 9.0%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $442M | $401M | $181M | 1.65% | 19.61% | 3.60% |
| Q2 2026 | $486M | $441M | $188M | 1.60% | 19.04% | 3.56% |
| Q1 2026 | $486M | $442M | $198M | 1.55% | 18.54% | 3.59% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $43.2M | $52.7M | -$9.5M | -18.1% |
| Federal funds sold | $36.6M | $34.3M | +$2.2M | +6.4% |
| Securities purchased under agreements to resell | $56.6M | $29.5M | +$27.1M | +91.9% |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $136.2M | $145.1M | -$8.9M | -6.1% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $187.8M | $198.2M | -$10.4M | -5.3% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $3.9M | $3.9M | -$40K | -1.0% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $901K | $935K | -$34K | -3.6% |
| All other assets | $20.6M | $20.8M | -$267K | -1.3% |
| Total assets | $485.7M | $485.6M | +$130K | +0.0% |
| Liabilities | ||||
| Total deposits | $441.3M | $442.3M | -$935K | -0.2% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $0K | $0K | $0K | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $3.5M | $3.4M | +$19K | +0.6% |
| Total liabilities | $444.8M | $445.7M | -$916K | -0.2% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $100K | $100K | $0K | 0.0% |
| Surplus | $13.1M | $13.1M | $0K | 0.0% |
| Retained earnings | $32.8M | $32.6M | +$186K | +0.6% |
| Accumulated other comprehensive income | -$5.1M | -$5.9M | +$860K | +14.5% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $40.9M | $39.8M | +$1.0M | +2.6% |
| Credit and capital | ||||
| Gross nonperforming assets | $571K | $539K | +$32K | +5.9% |
| Adjusted nonperforming assets | $571K | $539K | +$32K | +5.9% |
| Tangible equity plus allowance | $41.8M | $40.7M | +$1.1M | +2.6% |
| Texas ratio (gross) | 1.37% | 1.32% | +0.04 pts | See points |
| Texas ratio (adjusted) | 1.37% | 1.32% | +0.04 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 1.37% | 1.32% | +0.04 pts | See points |
| Tier 1 capital to risk-weighted assets | 14.06% | 14.40% | -0.34 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 14.06% | 14.40% | -0.34 pts | See points |
| Tier 2 capital to risk-weighted assets | 0.61% | 0.63% | -0.02 pts | See points |
| Total risk-based capital to risk-weighted assets | 14.67% | 15.03% | -0.36 pts | See points |
| Tier 1 leverage (approximate) | 9.41% | 9.47% | -0.07 pts | See points |
| Construction and land loans to total capital | 42.44% | 53.87% | -11.42 pts | See points |
| Commercial real estate to total capital | 182.26% | 209.17% | -26.91 pts | See points |
| Dividend payout, year to date | 93.41% | 96.36% | -2.95 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -11.25% | -13.24% | +1.99 pts | See points |
| Liquidity | ||||
| Core deposits | $394.1M | $395.4M | -$1.2M | -0.3% |
| Non-core funding | $47.2M | $46.9M | +$286K | +0.6% |
| Loans to core deposits | 48.10% | 50.59% | -2.49 pts | See points |
| Loans to deposits | 42.95% | 45.22% | -2.27 pts | See points |
| Brokered deposits share of deposits | 0.72% | 0.72% | +0.00 pts | See points |
| Pledged securities share of securities | 44.11% | 42.81% | +1.30 pts | See points |
| Loans pledged, share of loans | 0.00% | 0.00% | 0.00 pts | See points |
| Volatile liabilities | $47.2M | $46.9M | +$286K | +0.6% |
| Earnings | ||||
| Earnings before provision, year to date | $3.9M | $1.8M | +$2.1M | +120.3% |
| Earnings before provision, single quarter | $2.1M | $1.8M | +$358K | +20.3% |
| Provision for credit losses, year to date | $0K | $0K | $0K | n/a |
| Yield and cost | ||||
| Yield on loans and leases | 7.50% | 7.34% | +0.16 pts | See points |
| Yield on interest-bearing balances due from banks | 0.08% | 0.11% | -0.03 pts | See points |
| Total interest income to average assets | 5.13% | 5.16% | -0.02 pts | See points |
| Cost of interest-bearing transaction accounts | 0.51% | 0.51% | -0.01 pts | See points |
| Cost of savings and money market deposits | 2.78% | 2.71% | +0.07 pts | See points |
| Cost of time deposits | 3.86% | 3.88% | -0.02 pts | See points |
| Total interest expense to average assets | 1.80% | 1.76% | +0.05 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $442M | $401M | $181M | 1.65% | 19.61% | 3.60% |
| 2026-06-30 | $486M | $441M | $188M | 1.60% | 19.04% | 3.56% |
| 2026-03-31 | $486M | $442M | $198M | 1.55% | 18.54% | 3.59% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| AL | $419.9M | 0.30% | 48 | Continuing · +0.01 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.