Key insight: Continuing on a path of reinvention that started last year when it sold three

branches and moved its headquarters to Mobile, Alabama-based 22nd State Banking Co. plans

to introduce a national digital small-business banking subsidiary this summer.

Supporting data: 22nd State's net income more than doubled in 2025 to $5.3 million.

Expert quote: "Our vision is to build an advisor-led bank for small businesses that combines the

convenience of modern digital banking with the trust and guidance of a true financial partner"

— 22nd State CEO Steve Smith

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An Alabama-based community bank that sold three branches to a credit union last year is rolling out a

new identity as a national online small business lender, joining a growing number of institutions

turning to a digital footprint as a way to get bigger.

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