The Bank of Leighton is founded by a group of farmers and local business and community leaders with capital of $25,000.
‍

Our Sheffield office is opened, and the Bank is renamed First Colbert Bank.

First Colbert moves from a state to a national-charter and moves our headquarters to Sheffield, becoming First Colbert National Bank.
‍

First Colbert Chairman Edward F. Mauldin leads a group of investors, including many First Colbert shareholders, to charter The Bank of Florence, operating out of our Pine Street location, while First Colbert continues to expand in Colbert County.
‍

First Colbert becomes the largest independent bank in Colbert County with 26% of the $130 million commercial bank deposits in the market.

First Colbert and The Bank of Florence merge to form Bank Independent following a change in regulation allowing banks to operate in contiguous counties.
‍

Bank Independent grows to over $100 million in total assets.

Bank Independent surpasses $200 million in total assets.

Bank Independent introduces ATMs, issues more than 3,000 check cards, and launches first website.

Bank Independent surpasses $300 million in total assets.

Internet Banking, including cash management, is introduced to Bank Independent customers.

Total assets exceed $400 million.

The Colonial Bank acquisition brings 17 new sales offices and $370 million in deposits, nearly doubling the Bank’s size overnight, and increasing our presence in our eastern markets.
‍

The bank purchases Decatur's Interstate Billing Service from Regions Bank, adding 87 employees and increasing assets to $955 million.
‍

The Bank achieves the $1 billion milestone in total assets.

Bank Independent enters the Madison County market.
‍

Total assets surpass $1.5 billion.

Bank Independent opens the Tiger Branch, our first student-run sales office at Deshler High School in Tuscumbia.
‍

 

Bank Independent breaks ground on a five-story office building located in Downtown Huntsville at 225 Holmes Avenue, which will house a sales office on the ground floor and office space for our Madison County team on the fifth floor.
‍