Southern Independent Bank
Opp, AL · Owner: Southern Ind Bancshares Inc
$395M
total assets, June 30, 2026
$395M
total assets, June 30, 2026
Southern Independent Bank is a state nonmember bank based in Opp, AL, owned by Southern Ind Bancshares Inc. As of June 30, 2026 it held $395.3 million in assets and $336.5 million in deposits; assets were up 3.6% from a year before. It has 3 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$395M
+3.6% in a year · -1.9% in a quarter
Deposits
$336M
+3.4% in a year · -2.5% in a quarter
Loans
$181M
+5.4% in a year · +1.0% in a quarter
Profit so far
$2.2M
Jan 1 to Jun 30, 2026 · -2.3% in a year
Capital ratio
13.63%
-0.51 pts in a year
Return on assets
1.11%
-0.09 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 503 N Main St, Opp, AL, 36467
- County
- Covington
- Holding company
- Southern Ind Bancshares Inc
- Established
- Dec 4, 2006
- Employees
- 49
- Branches
- 3
- Website
- www.southernindependentbank.com
- Id
- b58357
Quarter by quarter
December 31, 2006 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
3 offices as of June 30, 2026, holding $336.5 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Alabama | 3 | $336M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| 1417 Mlk Jr Expressway Branch | Andalusia, AL | $150M |
| Southern Independent Bank (main office) | Opp, AL | $133M |
| Florala Branch | Florala, AL | $52.6M |
Related pages
Questions and answers
How big is Southern Independent Bank?
$395.3 million in total assets and $336.5 million in deposits as of June 30, 2026, with assets up 3.6% from a year before. Its loans were $180.7 million.
How many branches does Southern Independent Bank have?
3 branches in Alabama as of June 30, 2026.
Is Southern Independent Bank profitable?
Yes: it earned $2.21 million from January 1 to June 30, 2026 (down 2.3% from the same months a year before). Its return on assets was 1.11% a year; about 1% is typical.
Who owns Southern Independent Bank?
Southern Independent Bank is owned by Southern Ind Bancshares Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.