INDEPENDENCE BANK

INDEPENDENCE, OH | Small | Est. Aug. 15, 1979, midnight | FDIC #22925 | RSSD #956527 | FDIC
Latest Report: 2025-12-31

INDEPENDENCE BANK is asn small FDIC-insured commercial bank headquartered in INDEPENDENCE, OH, established in Aug. 15, 1979, midnight. As of 2025-12-31, the bank reported total assets of $181M and total deposits of $152M. Profitability stands at 0.33% ROA and 2.23% ROE, with a net interest margin of 3.04%. The bank's CET1 capital ratio is 14.96%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.10% and a Texas Ratio of 0.36%. FDIC Certificate #22925.

Assets

$181M

Deposits

$152M

Loans

$114M

Equity

$27M

Profitability

Return on Assets (ROA) 0.33%
Return on Equity (ROE) 2.23%
Net Interest Margin (NIM) 3.04%
Yield on Assets 5.56%
Cost of Funds 2.76%

Asset Quality

NPL Ratio 0.10%
Net Charge-Off Ratio 0.00%
Texas Ratio 0.36%
NPA Ratio 0.06%
ACL / Loans 3.44%

Capital & Liquidity

CET1 Ratio 14.96%
Tier 1 Capital 14.96%
Total Capital Ratio 15.71%
Leverage Ratio 15.16%
Loan-to-Deposit 74.96%

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