Southern Independent Bank, 1417 Mlk Jr Expressway Branch

Name:Southern Independent Bank, 1417 Mlk Jr Expressway Branch
Full Service Brick and Mortar Office
Review:2 client reviews
Location:1417 Mlk Jr Expressway
Andalusia, AL 36420

Covington County
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Phone:334-428-2265
Branch Deposit:$123,593,000
FDIC Cert:#58357
Established:2006-12-04


The Bank

Name:Southern Independent Bank
Concentration:All Other Specialization < 1 Billion
Established:2006-12-04
FDIC Insurance:2006-12-04
Holden By:Southern Ind Bancshares Inc
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, view all, view on map
Website:http://www.southernindependentbank.com
Total Assets:$303,748,000
Total Deposits:$253,347,000
Total Equity Capital:$32,926,000
Total Domestic Office Deposits:$253,347,000
Net Income:$2,707,000
Quarterly Net Income:$2,023,000
Return on Assets:2%
Quarterly Return on Assets:3%
Return on Equity:17%
Quarterly Return on Equity:25%
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Client Review

2 client reviews of Southern Independent Bank scored 3 out of 5.

Southern Independent Bank
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by jb5672, May. 16, 2020

The staff at Southern Independent Bank are friendly and willing to help. I’ve always found them very personable and would recommend their bank as trustworthy.

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on Southern Independent Bank, 1417 Mlk Jr Expressway Branch at Andalusia, AL
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