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 100th largest bank in the state of Ohio. It is also the 3,138th largest bank in the nation. It was established in 1979 and as of September of 2023, 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

Health Grade Components

Overall
FDIC Certificate #22925
Year Established1979
Employees21
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD6.46%
Annual Interest Income$7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$184.4MM$186.9MM
LoansQ3 2023vs Q3 2022$108.7MM$109.3MM
DepositsQ3 2023vs Q3 2022$158.3MM$162.4MM
Equity CapitalQ3 2023vs Q3 2022$25.2MM$23.8MM
Loan Loss AllowanceQ3 2023vs Q3 2022$4.2MM$4.5MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$477K$1.1MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates

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

Locations


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

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