Bank
Southern Independent Bank
Southern Independent Bank is a community bank headquartered in Opp, Alabama, offering a range of financial services including deposit accounts, loans, and other banking products to customers in Covington County and surrounding areas.
Key Statistics
As of June 2026, public records show Southern Independent Bank has originated approximately $37.9M in loan volume over the past 12 months, with an average loan size of $185k.
Volume (12mo)
$37.9M
Avg Loan Size
$185k
Total Mortgages
1,434
Total Borrowers
78
Lending Entities
Southern Independent Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
1,433 mortgages recorded
+6 more entities not shown
Geography
Southern Independent Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 136
Volume (12mo): $21.1M
Total Volume: $175.6M
Mortgages (12mo): 37
Volume (12mo): $16.8M
Total Volume: $87.3M
Mortgages (12mo): 0
Volume (12mo): $0
Total Volume: $1.9M
Top Borrowers
The following individuals have the most recorded mortgage transactions with Southern Independent Bank. Click on a borrower to view their full investor profile.
8 mortgages · FL
7 mortgages · AL
6 mortgages · FL
+75 more borrowers not shown
FAQ
What type of lender is Southern Independent Bank?
Southern Independent Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (13%) and personal loans in their portfolio.
What entities does Southern Independent Bank fund loans under?
Southern Independent Bank originates mortgages through 7 different lending entities. The most common include Southern Independent Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is Southern Independent Bank most active?
Based on recorded mortgages, Southern Independent Bank is most active in Alabama, Florida, and Tennessee.
How many loans has Southern Independent Bank originated?
Public records show 1,434 mortgages recorded for Southern Independent Bank, with $37.9M in volume over the past 12 months.
What is the average loan size for Southern Independent Bank?
The average mortgage size for Southern Independent Bank is $185k based on all recorded mortgages.
Does Southern Independent Bank offer short-term loans?
Southern Independent Bank primarily offers long-term financing, with only 1% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.