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 96th largest bank in the state of Ohio. It is also the 3,158th largest bank in the nation. It was established in 1979 and as of September of 2020, it had grown to 23 employees at 1 location. Independence Bank (OH) has an A+ 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
A+

Health Grade Components

Overall
FDIC Certificate #22925
Year Established1979
Employees23
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD5.39%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$182.2MM$169.9MM
LoansQ3 2020vs Q3 2019$120.6MM$112.0MM
DepositsQ3 2020vs Q3 2019$156.6MM$144.5MM
Equity CapitalQ3 2020vs Q3 2019$25.0MM$24.5MM
Loan Loss AllowanceQ3 2020vs Q3 2019$3.9MM$3.7MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$566.00K$544.00K
Real Estate OwnedQ3 2020vs Q3 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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