Alabama Banking Almanac – 1Q21

We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Alabama banks and thrifts with data as of and for the twelve months ended March 31, 2021 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Alabama and the nation.

Alabama’s Community Banks had another strong quarter in Q1 21, with good profitability and capital, strong deposit growth, positive loan growth, and minimal credit issues. Major issues involve Net Interest Margin compression from the current low rate environment, ongoing encroachment on our banking ecosystem from FinTech and non-bank players such as Wal-Mart focusing on traditional bank markets, and weakening leverage ratios driven by the dramatic stimulus induced asset growth across the industry.

Banking Almanac

Click here for Banking Almanac in PDF.

This report examines Alabama institutions by a variety of financial measures:

  • Total Assets
  • Net Interest Margin
  • Non-Interest Income
  • Non-Interest Expense
  • Asset Quality Score
  • Pre-Tax Return on Average Equity

For Banking Almanac in Excel format or to request a paper copy, please email Mike Murphey.

For more information on Porter White’s community bank practice, please click here.