# Oakworth Capital Bank

Oakworth Capital Bank is a Bank / Wealth / Trust based in Birmingham, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Birmingham, United States
- **Region:** North America
- **Address:** Birmingham, AL, United States
- **Founded:** 2008
- **Assets under management:** Undisclosed
- **Website:** oakworth.com
- **LinkedIn:** https://www.linkedin.com/company/oakworth-capital-bank

## Regulatory record

- **Reports private funds:** No

## About

Oakworth Capital Bank was founded in 2008 in Birmingham, Alabama, by Scott Reed and a group of veteran bankers from AmSouth and Regions Financial. The bank opened during the financial crisis, positioning itself as a relationship-driven alternative to the large regional players that dominated the market. Its founding thesis centered on serving privately held businesses, professionals, and families in the Southeast with a high-touch model uncommon among post-crisis institutions. The bank operates across three primary verticals: commercial banking, private banking, and wealth management. Commercial lending concentrates on owner-operated and middle-market companies in Alabama and the Florida Panhandle, with additional exposure to healthcare, professional services, and real estate. The wealth management arm provides trust, estate planning, and investment management — typically for clients who are also commercial borrowers. Oakworth's loan book has been characterized by conservative underwriting; the bank reported nonperforming assets well below peer averages throughout the 2010s. Confirmed footprints include offices in Birmingham and Mobile, Alabama, with a presence in Nashville, Tennessee. Oakworth crossed $1 billion in total assets during 2020 and reached roughly $1.5 billion by 2023 (per public regulatory filings). Headcount and precise AUM remain undisclosed. The bank operates under a client-stockholder structure in which relationship managers own equity — a governance feature that ties advisor incentives to credit quality and client retention. In January 2024, Oakworth completed a merger with Alabama-based bank Hometown Bank of Alabama, adding two branches and expanding its footprint into North Alabama (per the firm, January 2024). The client-stockholder structure is the bank's structural differentiator. Unlike most community banks, where equity rests with passive investors, Oakworth's commercial and private bankers are required to be shareholders. The model creates a personal balance-sheet stake in each credit decision — a governance mechanism that blurs the line between a partnership and a regulated depository and shapes the bank's conservative credit culture.

## Sectors

- Commercial Banking
- Wealth Management
- Private Banking

## People

- Scott Reed — Chairman & CEO

## Questions

### Where does Oakworth Capital Bank operate geographically?

Oakworth's primary markets are Alabama and the Florida Panhandle, with physical locations in Birmingham, Mobile, and Nashville, Tennessee. The January 2024 merger with Hometown Bank of Alabama extended its footprint into North Alabama. The bank's commercial lending reach generally follows the Southeast corridor.

### Is Oakworth Capital Bank publicly traded?

No, Oakworth remains privately held under a client-stockholder structure. Equity is concentrated among its relationship managers, directors, and select private shareholders rather than public markets. This private ownership model supports the bank's long-horizon credit approach.

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Last updated: 2026-06-03T20:00:00.000Z

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