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Branch Network

Peoples Independent Bank Locations & Branches Boaz, Alabama

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Peoples Independent Bank operates 9 branches from its headquarters in Boaz, AL, .

Peoples Independent Bank branch network

All 9 branches are in ALABAMA, across 8 cities. Fyffe, AL has the most of its branches, 2. Its largest office by deposits is its main office in Boaz, AL, with $167.7M (38.0% of its branch deposits). It had the same number of branches on June 30, 2025.

Peoples Independent Bank at a glance

Its CET1 capital ratio was 14.06% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.

Total assets, Q2 2026
$485.7M
CET1 ratio, Q2 2026
14.06%
Deposit insurance
FDIC
Regulator
FDIC
Latest call report
Q2 2026, FFIEC 041
Established
1988

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Deposit market share

Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.

Area Rank Deposit share Deposits
City: Boaz, AL (1 branch) 2 of 6 32.0% $167.7M
State: AL (9 branches) 46 of 131 0.3% $441.3M

Ranked by total assets among banks headquartered in the state: Largest banks in Alabama.

Share by county and metro area

Peoples Independent Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.

Counties

County Rank Deposit share Deposits County total
Marshall, AL (2 branches) 7 of 16 6.7% $187.8M $2.80B
Dekalb, AL (3 branches) 6 of 8 9.3% $110.9M $1.19B
Jackson, AL (1 branch) 5 of 8 5.7% $68.2M $1.19B
Etowah, AL (1 branch) 11 of 12 1.9% $29.5M $1.51B
Madison, AL (1 branch) 31 of 35 0.3% $27.1M $10.83B
St. Clair, AL (1 branch) 8 of 8 1.3% $17.9M $1.34B

Metro areas

Metro area Rank Deposit share Deposits Metro total
Albertville, AL (2 branches) 7 of 16 6.7% $187.8M $2.80B
Fort Payne, AL (3 branches) 6 of 8 9.3% $110.9M $1.19B
Scottsboro, AL (1 branch) 5 of 8 5.7% $68.2M $1.19B
Gadsden, AL (1 branch) 11 of 12 1.9% $29.5M $1.51B
Huntsville, AL (1 branch) 31 of 37 0.2% $27.1M $12.27B
Birmingham-Hoover, AL (1 branch) 45 of 46 <0.1% $17.9M $52.49B
Branch Location ZIP Deposits
Peoples Independent Bank (main office)
Boaz, AL
35957 $167.7M
Horizon Bank Branch
Fyffe, AL
35971 $83.0M
Scottsboro Branch
Scottsboro, AL
35768 $68.2M
Hokes Bluff Branch
Gadsden, AL
35903 $29.5M
Gurley Office Branch
Gurley, AL
35748 $27.1M
Douglas Branch
Horton, AL
35980 $20.2M
Steele Branch
Steele, AL
35987 $17.9M
Powell Branch
Fyffe, AL
35971 $16.1M
Sylvania Branch
Sylvania, AL
35988 $11.7M

Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.