Bank47
Headquartered in Huntsville, AL. FDIC certificate #32968 · Federal Reserve RSSD 1474309.
Total assets
$97M
Deposits
$88M
Q2 2026
Active branches
2
Closings since Jan 2020
0
1 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$-748K
Return on assets
-4.32%
Return on equity
-47.10%
Noncurrent loan rate
0.18%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
02026
Values in $ billions, June 30 of each year.
Openings by year
12025
Other network changes since 2020
- 2 branch relocations
- February 21, 2025: legal name changed from “Community Bank and Trust - Alabama” to “Bank47”
- January 26, 2024: legal name changed from “Community Bank and Trust - Alabama” to “LifeSteps Bank & Trust”
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bank-47.com.