# PEOPLES INDEPENDENT BANK
BOAZ, AL · FDIC certificate 27233 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $485.7M | |
| Deposits | $441.3M | |
| Loans and leases | $189.6M | |
| Total equity | $40.9M | |
| Loans / deposits | 42.55% (p4 of band) | 82.04% |
| Liquid assets / assets | 56.11% (p95 of band) | |
| Uninsured deposits / deposits | 26.14% (p51 of band) | 25.97% |
| Brokered deposits | 0.65% | |
| Wholesale funding | 0.65% (p31 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.41% (p21 of band) | 10.81% |
| Unrealized securities loss / equity | -12.39% (p38 of band) | -8.10% |
| AOCI / equity | -0.33% (p51 of band) | |
| ROA (annualized) | 1.60% (p70 of band) | 1.28% |
| Net interest margin | 3.56% (p31 of band) | 3.91% |
| Efficiency ratio | 56.63% (p35 of band) | |
| Noncurrent loans | 0.30% (p42 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p59 of band) | |
| Reserve coverage of noncurrent | 311.73% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 48.79% (p55 of band) | |
| Auto loans | $811,000 (0.43% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.1% | |
| Employees | 78 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | reserve under noncurrent |
| 2012-06 | 1 | reserve under noncurrent |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | capital falling, charge-offs p90 |  |
| 2014-06 | 1 |  | capital falling, charge-offs p90 |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | reserve under noncurrent |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | deposits shrinking, assets shrinking |  |
| 2019-03 | 0 |  | deposits shrinking, assets shrinking |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | capital falling |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | AOCI drag >20% of equity |  |
| 2022-06 | 2 | securities losses >30% of equity |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | securities losses >30% of equity |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-19 [Alabama One Credit Union Makes Significant Acquisition - Tuscaloosa Thread](https://news.google.com/rss/articles/CBMiggFBVV95cUxOZTdBclRMMXVaOUQ0WmI3cXhCYVhVMGRHSHppdUJzb19YRmNsOUJjV1c3cmZYUExLc3ZJMjBHazE2S0Z5ci1IOTNLdjl2a3dSZHo4cUMxcGlpOFd0N0k2Nlh0SHRCUnJkNVZDNWRWbmNCcTdjUy1fdEgzcjZ1VWhRc1JR?oc=5) · Tuscaloosa Thread
- 2026-02-18 [Alabama ONE Credit Union Acquires Peoples Independent Bank - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxQczUzdmZjLXhSb0xoYjlUUnZpUk5HUzByQ0pjaHRKNm1BNkYtaEU4OE1XeUVOSmktRGxYVFhUbmYtbFFZdlhtM1FLcmo3OS1SMG5ZLXd2dFdmYVhSQlg0bXE3UmtlZE9pN3NzZEdsZ0cxZENVa1pmSGJhd2pvRnU0WGNFYnVTMzZnLThMbEZfTGozWUw1VGxVNzA5Zw?oc=5) · Patch
- 2026-02-19 [Credit union to buy North Alabama bank this year - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxORnVGT3NMYUx4dGF2dzhNUXE4dXlRc1FsRlEyelJ2WDg5MUdBX1p5NTRnMlY4S1NXWlo3VWtubU44RnJpMlplRUNDTU9XVTdBZkFJVmtNNTd4Z2pDR3NvM3hfeTNMTmlHU2pRUi1DS3ZnWWJBYzJieGpEeWpTMjJ6S3dyaTRMVDluZFFfRTREeC1nQVVqM1hRN2hUak03ZTg?oc=5) · The Business Journals
- 2022-12-20 [Alabama One Credit Union buying a bank - American Banker](https://news.google.com/rss/articles/CBMikAFBVV95cUxOcTNTX2hFamdaa2trYU1lWC1WYm5ESUdMa3NMaENXN1lRNVV1cHpNWk9sRkUwaXFMSDBwZjhjRzR0YlR0UnpXZnVsc1gzOS1fT2k2Q05zUU16OWFqMS0wRWI2UV8wZXRVWWlGc1R5dm9kWEJMYV95ZzdXRWw4SndlUF95THJtVmhmVmxIMmdwNFA?oc=5) · American Banker
- 2019-03-06 [Adams, McMurray new VPs at Peoples - sandmountainreporter.com](https://news.google.com/rss/articles/CBMingFBVV95cUxQWmVkQngwUDMtTW1xb2g4Rnl6UVIxTHBNem9UVW16My13VGYxWk5BZ3RlQU1pbHpsNF8wYUVQRXR4Ym41N0J4aXlSaUVlQ0wwY0VITlZPOEMtZWlFZzBVWnN5TXJ4enJNY3BkTEJBcEhKc3lmcEtRNzFKVlM2SXVsRWQxSEhFQWhJVEJ5OUtpbllBRUo3RXlWa2RpNTY4Zw?oc=5) · sandmountainreporter.com
- 2019-10-21 [Talking Business with Royce Ogle - sandmountainreporter.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxNc29Va2hiVVJSb3VITnlRZFByY2NLOXIxdUlTZExTZjRIVmgyVlZBVEtOUDdGR3lBUzl0Uzg4c2ZmU2hWb29XbUtraTZvLTVRYWMxMld5RGdOcVpnaFFfU2lKNllVT2tMNkR4X2taWURQcXlNOHRTOFQ1Y01zcllMVTdWZ0Fma19ZbHcwVHJQSVJNWXBqWHc?oc=5) · sandmountainreporter.com
- 2022-12-19 [Alabama ONE Credit Union Acquires First Bank Of Wadley - Patch](https://news.google.com/rss/articles/CBMikgFBVV95cUxPZFRTM2JKV2hJaGxRQkY5YXQyN3Q1T2NjeEdkMFM3VkRpXzFpeEFVT3Q2cnFCX0xGNk5LTjRRUk14SGFHa2ItQlpWUkxwUzgyNXVYbU9tYXRRTWFtMHF2TUZha01QLXNBcjhwcEZvLVViYWVsWHk0OW52WkZDbzBWWmtmWmN6cldwbklncGFkQzFwZw?oc=5) · Patch
- 2019-09-11 [Ogle joins ABA’s Half Century Club | PIB President honored for 50 years in banking - sandmountainreporter.com](https://news.google.com/rss/articles/CBMingFBVV95cUxNVjUzMW1QeWJwM0xPNXZEcnlxVnl0YmhwY01HXzZEVEFCdEFLTG1UdEU4a2ZPTURCR1JhUG5pQXZVN2xQTEpKU0hQMFd0Ql8zT2tKRFZLVVRMQU5DMzhsSk5TSUJFc2I3Y0RtcjVYVk5RZFdrdU5vbWVyYzZ5dGg2MlpTN3hzSGNGZEZGYkh1WXBCRkVSOG9DSVJ1NXZudw?oc=5) · sandmountainreporter.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27233 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/33.json (key "27233", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide