BlastPoint's Banking Scorecard

Bank Independent

$1B-$10B Specialty: Commercial AL FDIC cert 16604

Designations: ✓ Community bank

Sheffield, AL

34 branches across AL

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 16 in AL.
Deposits +3.4% year over year ($2.5B on the books).
Delinquency rate 0.22%.
Return on assets 0.63%.
Efficiency ratio 80.19% vs a 59.73% peer average.
Loan-to-deposit ratio 74.37% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 16 in AL

View $1B-$10B leaderboard (AL) →

Bank Independent has 2 strengths but faces 3 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Credit Quality Leader: Top 15.4% in tier
+ Net Interest Margin 0.66% above tier average

Key Concerns

Areas that may need attention

- Efficiency Drag: Bottom 5.0% in tier
- Credit Quality Pressure: Bottom 8.7% in tier
- ROA 0.76% below tier average

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Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
Total Assets ?	$2.9B +2.8% YoY -3.1% QoQ	+$66.9M	$2.8B -0.6% YoY	$2.5B +1.5% YoY	$6.3B +7.7% YoY	68%
Total Loans ?	$1.8B +0.3% YoY +1.0% QoQ	-$129.4M	$2.0B -0.3% YoY	$1.6B +2.8% YoY	$3.2B +9.4% YoY	63%
Total Deposits ?	$2.5B +3.4% YoY -3.7% QoQ	+$146.8M	$2.3B -0.5% YoY	$2.1B +0.3% YoY	$4.9B +7.3% YoY	70%
Return on Assets ?	0.63% -37.7% YoY -32.1% QoQ	-0.76%	1.39% +17.0% YoY	0.89% -13.0% YoY	1.30% +12.1% YoY	Bottom 10.6% in tier
Net Interest Margin ?	4.53% -7.3% YoY -6.6% QoQ	+0.66%	3.87% +6.2% YoY	4.02% +3.4% YoY	3.95% +4.9% YoY	Top 11.8% in tier
Efficiency Ratio ?	80.19% +10.5% YoY +10.3% QoQ	+20.46%	59.73% -12.6% YoY	69.53% +4.0% YoY	70.05% +2.5% YoY	Bottom 6.8% in tier
Delinquency Rate ?	0.22% +7.7% YoY -65.9% QoQ	-0.65%	0.87% +11.7% YoY	1.13% +25.5% YoY	0.98% +16.3% YoY	77%
Loan-to-Deposit Ratio ?	74.37% -3.0% YoY +4.9% QoQ	-10.66%	85.04% -0.1% YoY	67.62% +0.9% YoY	79.03% +2.3% YoY	77%
Non-Interest-Bearing Deposit Share ?	21.42% -4.2% YoY +0.8% QoQ	+0.15%	21.27% -1.5% YoY	24.04% +0.1% YoY	21.98% -0.6% YoY	58%
Nonperforming Asset Ratio ?	0.15% -15.3% YoY -63.5% QoQ	-0.53%	0.67% +11.7% YoY	0.74% +25.2% YoY	0.69% +15.8% YoY	79%
Tier 1 Capital Ratio ?	13.22% +17.1% YoY +0.2% QoQ	-1.62%	14.84% -0.4% YoY	15.01% +1.3% YoY	17.09% +0.8% YoY	52%
Non-Interest Income / Assets ?	0.43% -4.7% YoY +116.6% QoQ	-0.09%	0.53% +2.5% YoY	0.35% -14.4% YoY	0.66% +5.2% YoY	74%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
Noninterest-Bearing	21.4% -0.9pp YoY +0.2pp QoQ	+0.1pp	21.4%	24.0%	22.2%	57%
Brokered Deposits	0.4% -1.5pp YoY -0.1pp QoQ	-9.0pp	9.5%	5.5%	8.5%	11%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
C&I	23.1% +0.8pp YoY -0.3pp QoQ	+9.1pp	14.0%	16.9%	12.5%	85%
CRE	55.5% -0.7pp YoY +0.7pp QoQ	+5.4pp	50.0%	43.5%	41.4%	65%
1-4 Family	20.6% +0.2pp YoY -0.3pp QoQ	-5.8pp	26.4%	30.6%	31.3%	43%
Consumer	1.3% 0.0pp YoY 0.0pp QoQ	-3.4pp	4.7%	5.7%	5.0%	51%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
CET1 Ratio	13.2% +1.9pp YoY 0.0pp QoQ	-2.4pp	15.6%	15.1%	19.7%	45%
Leverage Ratio	9.8% +1.0pp YoY +0.3pp QoQ	-1.5pp	11.3%	13.2%	12.6%	32%
Total Capital Ratio	14.4% +2.0pp YoY +0.1pp QoQ	-2.3pp	16.7%	16.2%	20.8%	45%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
Full-Time Employees	655 -41 (-5.9%) YoY -7 (-1.1%) QoQ	+341	313	304	482	91%
Assets per Employee ($)	$4.4M +9.2% YoY -2.0% QoQ	-$6.1M	$10.5M	$6.9M	$8.8M	2%
Branch Count	34 0 YoY 0 QoQ	+14	20	20	18	85%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
Past Due 90+ Days	0.2% +0.1pp YoY 0.0pp QoQ	0.0pp	0.2%	0.2%	0.4%	86%
Nonaccrual	0.0% -0.1pp YoY -0.4pp QoQ	-0.8pp	0.8%	1.2%	1.0%	5%
Allowance Coverage	6.39x -4.5% YoY +211.2% QoQ	-12.32x	18.71x	7.50x	20.23x	82%
Net Charge-off Rate (YTD)	0.2% +0.1pp YoY -0.4pp QoQ	0.0pp	0.3%	0.3%	0.2%	83%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (AL)	National Avg	Tier Percentile
ROE	6.5% -5.1pp YoY -3.4pp QoQ	-6.1pp	12.6%	10.0%	11.6%	13%
Cost of Funds (YTD)	1.5% -0.1pp YoY 0.0pp QoQ	-0.4pp	1.9%	1.7%	1.7%	21%
Net Income ($, YTD)	$9.3M -34.5% YoY — QoQ	-$10.0M	$19.2M	$17.2M	$40.4M	36%

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12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Credit Quality Leader

growth

#35 of 221 • Top 15.4% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature

Delinquency Rate: 0.22%

(Tier: 0.87%, National: 0.98%)

better than tier avg

221 of 221 Mid-Market banks match · 920 nationally

→ Stable +1 banks QoQ

Concerns (2)

Efficiency Drag

risk

#4 of 60 • Bottom 5.0% in tier

Efficiency ratio above 80% - operating costs elevated relative to revenue. Margin improvement opportunity.

Why this signature

Efficiency Ratio: 80.19%

(Tier: 59.73%, National: 70.05%)

worse than tier avg

60 of 60 Mid-Market banks match · 426 nationally

↓ Shrinking -64 banks QoQ

Credit Quality Pressure

risk

#44 of 492 • Bottom 8.7% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature

Delinquency Rate: 0.22%

(Tier: 0.87%, National: 0.98%)

better than tier avg

492 of 492 Mid-Market banks match · 1820 nationally

→ Stable -71 banks QoQ | QoQ rank improving

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 885 peers in $1B-$10B

Top Strengths (4 metrics)

105

Net Interest Margin

profitability

Value: 4.53%

Peer Median: 3.87%

#105 of 885 Top 11.8% in $1B-$10B

188

Nonperforming Asset Ratio

credit_quality

Value: 0.15%

Peer Median: 0.67%

#188 of 885 Top 21.1% in $1B-$10B

202

Loan-to-Deposit Ratio

liquidity

Value: 74.37%

Peer Median: 85.04%

#202 of 885 Top 22.7% in $1B-$10B

206

Delinquency Rate

credit_quality

Value: 0.22%

Peer Median: 0.87%

#206 of 882 Top 23.2% in $1B-$10B

Top Weaknesses (2 metrics)

826

Efficiency Ratio

profitability

Value: 80.19%

Peer Median: 59.73%

#826 of 885 Bottom 6.8% in $1B-$10B

792

Return on Assets

profitability

Value: 0.63%

Peer Median: 1.39%

#792 of 885 Bottom 10.6% in $1B-$10B