Independence Bank (OH) is headquartered in Independence and is the 82^nd largest bank in the state of Ohio. It is also the 2,977^th largest bank in the nation. It was established in 1979 and as of June of 2017, it had grown to 23 employees at 1 location. Independence Bank (OH) has an A+ health rating.

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Independence Bank

Posted by: Anonymous | Dec 16, 2010

I love this bank. The manager was nice, the staff was amazing, and it's a family owned business. I recommend it deeply.

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Health

A+

Data as of Q2 2017

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Health Grade Components

Overall
FDIC Certificate #	22925
Year Established	1979
Employees	23
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.7%
Return on Equity - YTD	6.13%
Annual Interest Income	$3.1MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$199.4MM$187.8MM
Loans	Q2 2017vs Q2 2016	$105.9MM$102.5MM
Deposits	Q2 2017vs Q2 2016	$176.6MM$165.2MM
Equity Capital	Q2 2017vs Q2 2016	$22.4MM$22.0MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$3.3MM$3.7MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$1.2MM$2.2MM
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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Locations

Independence Bank (OH) Locations
Independence Bank	4401 Rockside Road	Independence, OH 44131