FIRST INDEPENDENCE BANK

DETROIT, MI | Medium | Est. May 14, 1970, midnight | FDIC #20179 | RSSD #254849 | FDIC
Latest Report: 2025-12-31

FIRST INDEPENDENCE BANK is amn medium FDIC-insured commercial bank headquartered in DETROIT, MI, established in May 14, 1970, midnight. As of 2025-12-31, the bank reported total assets of $697M and total deposits of $533M. Profitability stands at 0.76% ROA and 8.46% ROE, with a net interest margin of 2.85%. The bank's CET1 capital ratio is 9.20%. Asset quality metrics show a non-performing loan ratio of 0.24% and a Texas Ratio of 1.47%. FDIC Certificate #20179.

Assets

$697M

Deposits

$533M

Loans

$421M

Equity

$64M

Profitability

Return on Assets (ROA) 0.76%
Return on Equity (ROE) 8.46%
Net Interest Margin (NIM) 2.85%
Yield on Assets 4.83%
Cost of Funds 2.12%

Asset Quality

NPL Ratio 0.24%
Net Charge-Off Ratio 0.06%
Texas Ratio 1.47%
NPA Ratio 0.15%
ACL / Loans 1.40%

Capital & Liquidity

CET1 Ratio 9.20%
Tier 1 Capital 9.20%
Total Capital Ratio 9.66%
Leverage Ratio 10.39%
Loan-to-Deposit 79.11%

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