Independence Bank (OH) is headquartered in Independence and is the 97th largest bank in the state of Ohio. It is also the 3,132nd largest bank in the nation. It was established in 1979 and as of June of 2022, it had grown to 21 employees at 1 location. Independence Bank (OH) has an A 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 | 21 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 5.44% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $195.0MM$195.8MM |
| Loans | Q2 2022vs Q2 2021 | $111.5MM$116.6MM |
| Deposits | Q2 2022vs Q2 2021 | $170.6MM$170.4MM |
| Equity Capital | Q2 2022vs Q2 2021 | $24.0MM$25.0MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.3MM$4.4MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.3MM$652.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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| Independence Bank (OH) Locations | ||
|---|---|---|
| Independence Bank | 4401 Rockside Rd | Independence, OH 44131 |