Independent Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Independent Bank of Memphis, TN against its peer group of 931 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA Behind the peer average, ahead of the median peer. | 1.33% | 1.44% | -0.11% | 54th above |
| ROAE | 11.85% | 12.51% | -0.66% | 47th below |
| Net Interest Margin | 4.68% | 3.84% | +0.84% | 91st top |
| Efficiency Ratio | 59.77% | 58.87% | +0.90% | 46th below |
| PPNR / Avg Assets | 2.17% | 1.78% | +0.39% | 77th top |
| Yield on Earning Assets | 7.81% | 5.71% | +2.10% | 97th top |
| Cost of Funds | 2.51% | 2.03% | +0.48% | 21st bottom |
| Net Interest Spread | 4.66% | 3.18% | +1.48% | 97th top |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans Ahead of the peer average, behind the median peer. | 0.81% | 0.96% | -0.15% | 40th below |
| NPA / Total Assets | 0.78% | 0.75% | +0.03% | 33rd below |
| NCO / Avg Loans | 0.36% | 0.31% | +0.05% | 12th bottom |
| ACL / Total Loans | 1.10% | 1.25% | -0.15% | 43rd below |
| ACL / NPLs (Coverage) | 136.87% | 699.46% | -562.59% | 41st below |
| Texas Ratio | 8.39% | 7.16% | +1.23% | 29th below |
| Provision / NCO | 133.54% | 815.43% | -681.89% | 44th below |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 10.22% | 17.42% | -7.20% | 2nd bottom |
| Tier 1 Ratio | 10.22% | 17.45% | -7.23% | 2nd bottom |
| Total Capital Ratio | 11.05% | 18.51% | -7.46% | 1st bottom |
| Leverage Ratio Behind the peer average, ahead of the median peer. | 10.60% | 11.60% | -1.00% | 53rd above |
| Equity / Assets Behind the peer average, ahead of the median peer. | 10.52% | 11.33% | -0.81% | 52nd above |
| TCE / Tangible Assets Behind the peer average, ahead of the median peer. | 9.81% | 10.65% | -0.84% | 51st above |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 82.36% | 86.36% | -4.00% | 65th above |
| Core Deposit Ratio | 62.33% | 85.58% | -23.25% | 4th bottom |
| Uninsured Deposit Ratio | 25.41% | 32.72% | -7.31% | 70th above |
| Wholesale Funding Ratio | 1.62% | 5.46% | -3.84% | 73rd above |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 3.28% | 10.46% | -7.18% | 36th below |
| Loan Growth (Y/Y) | 3.61% | 8.00% | -4.39% | 38th below |
| Deposit Growth (Y/Y) | 4.60% | 7.98% | -3.38% | 49th below |
See Independent Bank's peers by name
The 931 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock Independent Bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Independent Bank profile, how to read a UBPR, or how this data updates.