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Overview / Commentary
4525 Macarthur Boulevard
Newport Beach, CA 92660

Independence Bank (CA) is headquartered in Newport Beach and is the 120th largest bank in the state of California. It is also the 2,096th largest bank in the nation. It was established in 2004 and as of December of 2013, it had grown to 62 employees at 4 locations. Independence Bank (CA) has a A+ health rating.

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Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Independence Bank (CA) had $847,000 in non-current loans and owned real-estate with $44.6 million in equity and loan loss allowances on hand to cover it. This gives Independence Bank (CA) a Texas Ratio of 1.90% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Independence Bank (CA) decreased dramatically from 21.22% as of December 31, 2012 to 1.90% as of December 31, 2013, resulting in a positive change of 91.05%.This indicates that the balance sheet and financial strength for Independence Bank (CA) has improved dramatically in recent periods.

Deposit Growth


In the past year, Independence Bank (CA) has increased its total deposits by $13.8 million, resulting in 6.37% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Independence Bank (CA) has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Independence Bank (CA) has $311.48 million in assets with $44.6 million in equity, resulting in a capitalization level of 14.32%, which is excellent.

Institution Statistics

FDIC Certificate #57688
Year Established2004
Primary RegulatorFDIC
Assets and Liabilities
Assets$311.48 million
Loans$224.21 million
Deposits$230.47 million
Equity Capital$40.45 million
Loan Loss Allowance$4.15 million
Unbacked Noncurrent Loans$143,000
Real Estate Owned$704,000
Historic Data - December 2012
Assets$299.18 million
Equity Capital$39.93 million
Loan Loss Allowance$4.02 million
Unbacked Noncurrent Loans$143,000
Real Estate Owned$1.88 million
Profit Margin - Quarterly
Net Interest Margin4.28%
Return on Assets0.64%
Return on Equity4.73%
Interest Income$13.14 million

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Independence Bank (CA) Locations
Tustin Branch17782 East 17th Street, Suite 101Tustin, CA 92780
Fountain Valley Branch18101 Magnolia StreetFountain Valley, CA 92708
San Juan Capistrano Branch32291 Camino CapistranoSan Juan Capistrano, CA 92675
Independence Bank4525 Macarthur BoulevardNewport Beach, CA 92660