Independence Bank (OH) is headquartered in Independence and is the 96th largest bank in the state of Ohio. It is also the 3,103rd largest bank in the nation. It was established in 1979 and as of December of 2019, it had grown to 23 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 | 23 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 6.85% |
| Annual Interest Income | $7.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $174.8MM$186.0MM |
| Loans | Q4 2019vs Q4 2018 | $110.9MM$109.6MM |
| Deposits | Q4 2019vs Q4 2018 | $149.7MM$162.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $24.5MM$23.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $3.6MM$3.6MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $584.00K$532.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |
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| Independence Bank (OH) Locations | ||
|---|---|---|
| Independence Bank | 4401 Rockside Road | Independence, OH 44131 |