Independence Bank (OH) is headquartered in Independence and is the 97th largest bank in the state of Ohio. It is also the 3,173rd largest bank in the nation. It was established in 1979 and as of March of 2021, it had grown to 21 employees at 1 location. Independence Bank (OH) has an A+ health rating.
I love this bank. The manager was nice, the staff was amazing, and it's a family owned business. I recommend it deeply.
| Overall | |
|---|---|
| FDIC Certificate # | 22925 |
| Year Established | 1979 |
| Employees | 21 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 5.49% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $192.6MM$169.3MM |
| Loans | Q1 2021vs Q1 2020 | $123.0MM$111.1MM |
| Deposits | Q1 2021vs Q1 2020 | $167.2MM$144.0MM |
| Equity Capital | Q1 2021vs Q1 2020 | $25.0MM$25.0MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $4.3MM$3.6MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $639.00K$619.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |
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| Independence Bank (OH) Locations | ||
|---|---|---|
| Independence Bank | 4401 Rockside Road | Independence, OH 44131 |