Independence Bank (OH) is headquartered in Independence and is the 84th largest bank in the state of Ohio. It is also the 2,925th largest bank in the nation. It was established in 1979 and as of March of 2019, it had grown to 22 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 | 22 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 8.9% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $198.2MM$193.6MM |
| Loans | Q1 2019vs Q1 2018 | $108.3MM$108.6MM |
| Deposits | Q1 2019vs Q1 2018 | $173.9MM$171.4MM |
| Equity Capital | Q1 2019vs Q1 2018 | $23.7MM$22.0MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $3.7MM$3.4MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $632.00K$1.6MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
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| Independence Bank (OH) Locations | ||
|---|---|---|
| Independence Bank | 4401 Rockside Road | Independence, OH 44131 |