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 95th largest bank in the state of Ohio. It is also the 3,115th largest bank in the nation. It was established in 1979 and as of June of 2020, it had grown to 22 employees at 1 location. Independence Bank (OH) has a B+ 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
B+

Health Grade Components

Overall
FDIC Certificate #22925
Year Established1979
Employees22
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD5.67%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$186.1MM$195.0MM
LoansQ2 2020vs Q2 2019$122.4MM$112.4MM
DepositsQ2 2020vs Q2 2019$160.8MM$170.3MM
Equity CapitalQ2 2020vs Q2 2019$24.7MM$23.9MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.7MM$3.8MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$565.00K$550.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates

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

Locations


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

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