Institution Statistics
| Independence Trust Company | | OTS # | 17965 | | FDIC Certificate # | 34553 | | BankRate Report | View | | Year Established | 1997 | | Employees | 12 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $3.68 million | | Deposits | $500,000 | | Equity Capital | $2.98 million |
Historic Data - March 2011 | | Assets | $3.45 million | | Equity Capital | $2.79 million |
Profit Margin - Quarterly | | Net Interest Margin | 2.7% | | Return on Assets | 2.42% | | Return on Equity | 2.96% | | Interest Income | $20,000 |
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Institution Health
Overall Score:
5 out of 5 
| 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 March 31, 2012 Independence Trust Company had $0 in non-current loans and owned real-estate with $2.98 million in equity and loan loss allowances on hand to cover it. This gives Independence Trust Company a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Independence Trust Company has increased its total deposits by $0, resulting in 0% 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 Trust Company has shown is average. | | Capitalization | | | 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 Trust Company has $3.68 million in assets with $2.98 million in equity, resulting in a capitalization level of 80.98%, which is excellent. |
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