Independence Bank (OH)

Independence Bank (OH)


Overview / Commentary
216-447-1444
4401 Rockside Road
Independence, OH 44131

Independence Bank (OH) is headquartered in INDEPENDENCE and is the 101st largest bank in the state of Ohio. It is also the 3,202nd largest bank in the nation. It was established in 1979 and as of March of 2023, it had grown to 21 employees at 1 location. Independence Bank (OH) has an A health rating.

Reviews (1)

Independence Bank

Posted by: |

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



Health

Health Grade Components

Overall
FDIC Certificate #22925
Year Established1979
Employees21
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD8.09%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$180.1MM$186.2MM
LoansQ1 2023vs Q1 2022$108.1MM$111.0MM
DepositsQ1 2023vs Q1 2022$154.4MM$161.2MM
Equity CapitalQ1 2023vs Q1 2022$25.2MM$24.9MM
Loan Loss AllowanceQ1 2023vs Q1 2022$4.3MM$4.3MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$651.00K$902.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates

Sorry, we do not have rate data for Independence Bank (OH).

Locations


Independence Bank (OH) Locations
Independence Bank4401 Rockside RdIndependence, OH 44131

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