BranchWatch

Bank47

Headquartered in Huntsville, AL. FDIC certificate #32968 · Federal Reserve RSSD 1474309.

Total assets
$88M
Deposits
$79M
Q1 2026
Active branches
2
Closings since Jan 2020
0
1 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$-1182K
Return on assets
-5.52%
Return on equity
-58.00%
Noncurrent loan rate
0.81%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2025

Other network changes since 2020

  • 1 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

Alabama 2

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.