INDEPENDENT BANK

MEMPHIS, TN | Large | Est. April 20, 1998, midnight | FDIC #34728 | RSSD #2666400 | FDIC
Latest Report: 2025-12-31

INDEPENDENT BANK is aln large FDIC-insured commercial bank headquartered in MEMPHIS, TN, established in April 20, 1998, midnight. As of 2025-12-31, the bank reported total assets of $1.8B and total deposits of $1.5B. Profitability stands at 1.24% ROA and 11.42% ROE, with a net interest margin of 3.91%. The bank's CET1 capital ratio is 10.45%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.05% and a Texas Ratio of 1.57%. FDIC Certificate #34728.

Assets

$1.8B

Deposits

$1.5B

Loans

$1.3B

Equity

$193M

Profitability

Return on Assets (ROA) 1.24%
Return on Equity (ROE) 11.42%
Net Interest Margin (NIM) 3.91%
Yield on Assets 6.73%
Cost of Funds 3.35%

Asset Quality

NPL Ratio 0.05%
Net Charge-Off Ratio 0.57%
Texas Ratio 1.57%
NPA Ratio 0.18%
ACL / Loans 1.06%

Capital & Liquidity

CET1 Ratio 10.45%
Tier 1 Capital 10.45%
Total Capital Ratio 11.27%
Leverage Ratio 10.44%
Loan-to-Deposit 88.93%

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