Bank Comparison
Shoreham Bank vs Independence Bank
Side-by-side regulatory financials for the latest quarter on file with the FFIEC.
vs
10 · 5
winning metrics across 15 comparable rows
Capital adequacy
| Metric | Shoreham Bank | Independence Bank |
|---|---|---|
| CET1 Ratio | 12.86% | — |
| Tier 1 Capital Ratio | 12.86% | — |
| Total Capital Ratio | 14.13% | — |
| Tier 1 Leverage Ratio | 11.17% | 99.08% |
| Equity / Assets | 10.50% | 99.32% |
Profitability
| Metric | Shoreham Bank | Independence Bank |
|---|---|---|
| Return on Assets (ROA) | 0.30% | -0.12% |
| Return on Equity (ROE) | 2.73% | -0.12% |
| Net Interest Margin (NIM) | 4.27% | 6.91% |
| Yield on Earning Assets | 7.47% | 6.91% |
| Cost of Funds | 3.48% | — |
Asset quality
| Metric | Shoreham Bank | Independence Bank |
|---|---|---|
| Texas Ratio | 11.96% | 0.00% |
| Non-Performing Loan Ratio | 1.54% | — |
| Non-Performing Asset Ratio | 1.48% | 0.00% |
| Net Charge-Off Ratio | 1.14% | — |
| ACL / Loans | 2.13% | — |
Balance sheet
| Metric | Shoreham Bank | Independence Bank |
|---|---|---|
| Total Assets | $522,042K | $13,651K |
| Total Deposits | $417,845K | $0 |
| Total Loans | $457,573K | $0 |
| Total Equity | $54,818K | $13,558K |
| Net Income (quarter) | $375 | $-4 |
Liquidity & funding
| Metric | Shoreham Bank | Independence Bank |
|---|---|---|
| Loan-to-Deposit Ratio | 109.51% | — |
| Core Deposit Ratio | 91.78% | — |
| Uninsured Deposit Ratio | — | — |
Identity
| Metric | Shoreham Bank | Independence Bank |
|---|---|---|
| Headquarters City | WARWICK | EAST GREENWICH |
| Headquarters State | RI | RI |
| Asset Tier | Medium | Micro |
| Charter Class | 712504 | 0 |
| Regulator | OCC | FDIC |
| Domestic Branches | 4 | 1 |
| Employees (FTE) | 101 | 4 |
| Established | Jan. 1, 1979, midnight | March 25, 2003, midnight |
About this comparison
All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.
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