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.
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 | 0.79% |
| Return on Equity - YTD | 5.67% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $186.1MM$195.0MM |
| Loans | Q2 2020vs Q2 2019 | $122.4MM$112.4MM |
| Deposits | Q2 2020vs Q2 2019 | $160.8MM$170.3MM |
| Equity Capital | Q2 2020vs Q2 2019 | $24.7MM$23.9MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $3.7MM$3.8MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $565.00K$550.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |
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| Independence Bank (OH) Locations | ||
|---|---|---|
| Independence Bank | 4401 Rockside Road | Independence, OH 44131 |