Community Spirit Bank
Headquartered in Red Bay, AL. Part of Independent Bancshares, Inc. Employee Stock Ownership Plan. FDIC certificate #50 · Federal Reserve RSSD 470032.
Total assets
$225M
Deposits
$203M
Q1 2026
Active branches
6
Closings since Jan 2020
2
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$713K
Return on assets
1.28%
Return on equity
15.91%
Noncurrent loan rate
0.04%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
Values in $ billions, June 30 of each year.
Closings by year
22025
Openings by year
12023
12025
Branches by state
Recent closings
- 7141 HIGHWAY 19 · closed January 31, 2025
- 206 W MAIN ST · closed January 31, 2025
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.communityspirit.bank.