The Bank of Vernon
Vernon, AL
IDRSSD: 382537
Total Assets
$401.26M
Latest filing
Total Deposits
$332.85M
Latest filing
Net Interest Margin
4.95%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The Bank of Vernon
44825 Highway 17
Vernon, AL 35592
Full Service - Brick and Mortar
Updated 11/14/2025Established 11/11/1911FDIC Certificate 32
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Bank of Vernon (Main) | 44825 Highway 17 | Vernon, AL |
| WESTSIDE BRANCH | 9435 Highway 18 | Vernon, AL |
| CALEDONIA BRANCH | 9715 Wolfe Rd | Caledonia, MS |
| COLUMBUS BRANCH | 3561 Bluecutt Rd | Columbus, MS |
| EAST COLUMBUS BRANCH | 420 Alabama St | Columbus, MS |
Showing 4 of 4
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
The Exchange Bank of Alabama
Altoona, Alabama
→
Assets: $385.80MΔ -0.8%
Southern Independent Bank
Opp, Alabama
→
Assets: $381.55MΔ -1.9%
First Citizens Bank
Luverne, Alabama
→
Assets: $378.51MΔ -2.6%
State Bank & Trust
Winfield, Alabama
→
Assets: $371.04MΔ -4.6%
Premier Bank of the South
Cullman, Alabama
→
Assets: $366.94MΔ -5.6%
First National Bank
Hamilton, Alabama
→
Assets: $357.73MΔ -8.0%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 11/11/1911 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 35592 |
| State and County Number | 01075 |
| 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 | N/A |
Operational Info
| Number of Employees | 56 |
| Domestic Offices | 5 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.bankofvernon.bank |
| Data Updated | 11/14/2025 |
| CERT | 51 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $401.26M |
| Total Deposits | $332.85M |
| Total Liabilities | $334.49M |
| Total Equity Capital | $66.77M |
| Net Income | $1.86M |
| Net Loans and Leases | $302.50M |
| Assets Per Employee ($Millions) | $6.69M |
| Bank Premises and Fixed Assets | $6.75M |
| Cash and Balances due from Depository Institutions | $30.19M |
| Deposits Held in Domestic Offices | $332.85M |
Key Performance Ratios
| Return on Assets (ROA) | 1.88% |
| Return on Equity (ROE) | 11.4% |
| Net Interest Margin | 4.95% |
| Efficiency Ratio | 46.48% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.18% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 16.64% |
| Earning Assets to total Assets | 95.56% |
Income and Expense
| Total Interest Income | $6.80M |
| Total Noninterest Income | $492.00k |
| Total Interest Expense | $2.12M |
| Total Noninterest Expense | $2.40M |
| Net Interest Income | $4.68M |
| Pre-tax Net Operating Income | $2.58M |
| Provision for Credit Losses | $182.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $1.17M |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $582.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.65M |
| Total Liabilities and Capital | $401.26M |
Securities
| Securities | $56.07M |
| Available-for-sale debt securities | $56.07M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Bank of Vernon?
$401.26M as of the latest filing.
How much are The Bank of Vernon's total deposits?
$332.85M in total deposits.
Where is The Bank of Vernon located?
Vernon, AL.
What is the Net Interest Margin?
4.95%.
How many domestic offices does it operate?
5.
When was it established?
11/11/1911.
What is the Return on Assets (ROA)?
1.88%.
How much are total loans and leases?
$302.50M (latest filing).
What is the total interest income (latest filing)?
$6.80M.