Local Bank
Tuscaloosa, AL
IDRSSD: 470434
Total Assets
$109.70M
Latest filing
Total Deposits
$84.75M
Latest filing
Net Interest Margin
3.78%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
062104397TUSCALOOSA, AL
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Local Bank
205 Mcfarland Cir N
Tuscaloosa, AL 35406
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/01/1914FDIC Certificate 6142
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Local Bank (Main) | 205 Mcfarland Cir N | Tuscaloosa, AL |
| RED LEVEL BRANCH | 29607 Main St | Red Level, AL |
| HUNTSVILLE BRANCH | 2204 Whitesburg Drive Sw | Huntsville, AL |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/01/1914 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 35406 |
| State and County Number | 01125 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Tuscaloosa, AL |
Operational Info
| Number of Employees | 57 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/27/2025 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | mylocal.bank |
| Data Updated | 01/30/2026 |
| CERT | 9614 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $109.70M |
| Total Deposits | $84.75M |
| Total Liabilities | $91.81M |
| Total Equity Capital | $17.89M |
| Net Income | $-221,000 |
| Net Loans and Leases | $80.62M |
| Assets Per Employee ($Millions) | $1.64M |
| Bank Premises and Fixed Assets | $3.49M |
| Cash and Balances due from Depository Institutions | $19.16M |
| Deposits Held in Domestic Offices | $84.75M |
Key Performance Ratios
| Return on Assets (ROA) | -0.8% |
| Return on Equity (ROE) | -4.87% |
| Net Interest Margin | 3.78% |
| Efficiency Ratio | 114.12% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.2% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 16.309% |
| Earning Assets to total Assets | 92.96% |
Income and Expense
| Total Interest Income | $1.80M |
| Total Noninterest Income | $1.80M |
| Total Interest Expense | $837.00k |
| Total Noninterest Expense | $3.15M |
| Net Interest Income | $959.00k |
| Pre-tax Net Operating Income | $-445,000 |
| Provision for Credit Losses | $55.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $185.00k |
| Other borrowed funds | $4.31M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.76M |
| Total Liabilities and Capital | $109.70M |
Securities
| Securities | $2.71M |
| Available-for-sale debt securities | $2.71M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Local Bank?
$109.70M as of the latest filing.
How much are Local Bank's total deposits?
$84.75M in total deposits.
Where is Local Bank located?
Tuscaloosa, AL.
What is the Net Interest Margin?
3.78%.
How many domestic offices does it operate?
3.
When was it established?
08/01/1914.
What is the Return on Assets (ROA)?
-0.8%.
How much are total loans and leases?
$80.62M (latest filing).
What is the total interest income (latest filing)?
$1.80M.