BlastPoint

BlastPoint's Banking Scorecard

Southern Independent Bank

$100M-$1B Specialty: Commercial AL FDIC cert 58357

Designations: ✓ CDFI-certified

Opp, AL

3 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 2,643 banks in the $100M-$1B peer group nationwide — 1 of 63 in AL.
  • Deposits +3.4% year over year ($336.5M on the books).
  • Delinquency rate 0.09%.
  • Return on assets 1.11%.
  • Efficiency ratio 58.35% vs a 64.48% peer average.
  • Loan-to-deposit ratio 53.10% vs a 77.95% peer average.

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

2643 banks in the $100M-$1B peer group nationally 63 in AL
View $100M-$1B leaderboard (AL) →

Southern Independent Bank has 2 strengths but faces 5 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 5.0% in tier
  • + Efficiency Ratio 6.13% below tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 6.2% in tier
  • - Credit Risk Growth: Bottom 14.6% in tier
  • - Cost Spiral: Bottom 21.7% in tier
  • - ROA 0.21% below tier average
  • - Net Interest Margin 0.69% below tier average
Get updates when Southern Independent Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
Total Assets ? $395.3M
+3.6% YoY -1.9% QoQ
+$8.7M $386.6M
+1.2% YoY
$2.5B
+1.5% YoY
$6.3B
+7.7% YoY
61%
Total Loans ? $178.7M
+5.4% YoY +1.0% QoQ
-$79.7M $258.3M
+1.7% YoY
$1.6B
+2.8% YoY
$3.2B
+9.4% YoY
43%
Total Deposits ? $336.5M
+3.4% YoY -2.5% QoQ
+$9.7M $326.7M
+0.7% YoY
$2.1B
+0.3% YoY
$4.9B
+7.3% YoY
61%
Return on Assets ? 1.11%
-7.2% YoY -8.1% QoQ
-0.21% 1.32%
+10.8% YoY
0.89%
-13.0% YoY
1.30%
+12.1% YoY
41%
Net Interest Margin ? 3.29%
+7.5% YoY +2.4% QoQ
-0.69% 3.99%
+5.0% YoY
4.02%
+3.4% YoY
3.95%
+4.9% YoY
19%
Efficiency Ratio ? 58.35%
+11.4% YoY +0.2% QoQ
-6.13% 64.48%
-3.2% YoY
69.53%
+4.0% YoY
70.05%
+2.5% YoY
62%
Delinquency Rate ? 0.09%
+16.3% YoY +13.1% QoQ
-0.83% 0.92%
+15.7% YoY
1.13%
+25.5% YoY
0.98%
+16.3% YoY
76%
Loan-to-Deposit Ratio ? 53.10%
+1.9% YoY +3.6% QoQ
-24.86% 77.95%
+1.0% YoY
67.62%
+0.9% YoY
79.03%
+2.3% YoY
Top 10.9% in tier
Non-Interest-Bearing Deposit Share ? 25.23%
+9.7% YoY -3.7% QoQ
+3.20% 22.03%
-0.6% YoY
24.04%
+0.1% YoY
21.98%
-0.6% YoY
67%
Nonperforming Asset Ratio ? 0.04%
+18.3% YoY +16.5% QoQ
-0.63% 0.67%
+16.4% YoY
0.74%
+25.2% YoY
0.69%
+15.8% YoY
80%
Tier 1 Capital Ratio ? 13.63%
-3.6% YoY +0.9% QoQ
-2.28% 15.91%
+1.4% YoY
15.01%
+1.3% YoY
17.09%
+0.8% YoY
54%
Non-Interest Income / Assets ? 0.18%
-49.0% YoY +100.7% QoQ
-0.39% 0.57%
+7.6% YoY
0.35%
-14.4% YoY
0.66%
+5.2% YoY
43%

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 25.2%
+2.2pp YoY
-1.0pp QoQ
 +3.1pp 22.1% 24.0% 22.2% 66%
Brokered Deposits n/a n/a 7.9% 5.5% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
C&I 16.3%
-0.8pp YoY
+0.1pp QoQ
 +4.7pp 11.6% 16.9% 12.5% 80%
CRE 40.5%
+0.5pp YoY
-2.1pp QoQ
 +0.9pp 39.5% 43.5% 41.4% 54%
1-4 Family 33.6%
+1.5pp YoY
+1.8pp QoQ
 +1.0pp 32.6% 30.6% 31.3% 59%
Consumer 3.7%
-0.2pp YoY
+0.1pp QoQ
 -0.4pp 4.1% 5.7% 5.0% 67%

Capital

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 15.1% 19.7% n/a
Leverage Ratio 13.6%
-0.5pp YoY
+0.1pp QoQ
 +1.5pp 12.2% 13.2% 12.6% 80%
Total Capital Ratio n/a n/a 19.9% 16.2% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
Full-Time Employees 49
+3 (+6.5%) YoY
+5 (+11.4%) QoQ
 -10 58 304 482 52%
Assets per Employee ($) $8.1M
-2.7% YoY
-11.9% QoQ
 +$549K $7.5M $6.9M $8.8M 68%
Branch Count 3
0 YoY
0 QoQ
 -2 4 20 18 26%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.2% 0.4% n/a
Nonaccrual 0.1%
0.0pp YoY
0.0pp QoQ
 -0.9pp 0.9% 1.2% 1.0% 16%
Allowance Coverage 13.52x
-11.7% YoY
-11.8% QoQ
 -10.63x 24.15x 7.50x 20.23x 85%
Net Charge-off Rate (YTD) 0.0%
0.0pp YoY
0.0pp QoQ
 -0.1pp 0.1% 0.3% 0.2% 63%

Profitability

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
ROE 9.9%
-1.2pp YoY
-1.0pp QoQ
 -2.3pp 12.2% 10.0% 11.6% 36%
Cost of Funds (YTD) 2.1%
-0.1pp YoY
0.0pp QoQ
 +0.4pp 1.7% 1.7% 1.7% 77%
Net Income ($, YTD) $2.2M
-2.3% YoY
— QoQ
 -$350K $2.6M $17.2M $40.4M 56%

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
#34 of 659 • Top 5.0% in tier

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

Why this signature
Delinquency Rate: 0.09%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank improving

Concerns (3)

Credit Quality Pressure

risk
#79 of 1256 • Bottom 6.2% in tier

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

Why this signature
Delinquency Rate: 0.09%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ

Credit Risk Growth

risk
#138 of 936 • Bottom 14.6% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

936 of 936 Community banks match · 1401 nationally
→ Stable -58 banks QoQ

Cost Spiral

risk
#31 of 138 • Bottom 21.7% in tier

Historically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.

Why this signature
Efficiency Ratio: 58.35%
(Tier: 64.48%, National: 70.05%)
better than tier avg
138 of 138 Community banks match · 184 nationally
→ Stable +9 banks QoQ

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).
Comparing against 2643 peers in $100M-$1B

Top Strengths (3 metrics)

289
Loan-to-Deposit Ratio
liquidity
Value: 53.10%
Peer Median: 77.95%
#289 of 2643 Top 10.9% in $100M-$1B
519
Nonperforming Asset Ratio
credit_quality
Value: 0.04%
Peer Median: 0.67%
#519 of 2643 Top 19.6% in $100M-$1B
643
Delinquency Rate
credit_quality
Value: 0.09%
Peer Median: 0.92%
#643 of 2633 Top 24.4% in $100M-$1B

Top Weaknesses (1 metrics)

2130
Net Interest Margin
profitability
Value: 3.29%
Peer Median: 3.99%
#2130 of 2643 Bottom 19.4% in $100M-$1B
Powered by BlastPoint © 2026