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 97th largest bank in the state of Ohio. It is also the 3,173rd largest bank in the nation. It was established in 1979 and as of March of 2021, it had grown to 21 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
Employees21
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD5.49%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$192.6MM$169.3MM
LoansQ1 2021vs Q1 2020$123.0MM$111.1MM
DepositsQ1 2021vs Q1 2020$167.2MM$144.0MM
Equity CapitalQ1 2021vs Q1 2020$25.0MM$25.0MM
Loan Loss AllowanceQ1 2021vs Q1 2020$4.3MM$3.6MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$639.00K$619.00K
Real Estate OwnedQ1 2021vs Q1 2020$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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