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Overview / Commentary
406-265-1241
435 Third Street
Havre, MT 59501

Independence Bank is headquartered in Havre and is the 6th largest bank in the state of Montana. It is also the 1,050th largest bank in the nation. It was established in 1973 and as of December of 2017, it had grown to 99 employees at 7 locations. Independence Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #20989
Year Established1973
Employees99
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.55%
Return on Equity - YTD11.96%
Annual Interest Income$33.3MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$714.6MM$653.0MM
LoansQ4 2017vs Q4 2016$560.7MM$513.2MM
DepositsQ4 2017vs Q4 2016$607.7MM$546.3MM
Equity CapitalQ4 2017vs Q4 2016$90.0MM$84.9MM
Loan Loss AllowanceQ4 2017vs Q4 2016$7.4MM$6.8MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$459.00K$2.6MM
Real Estate OwnedQ4 2017vs Q4 2016$125.00K$147.00K
Rates

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Locations


Independence Bank Locations
Glasgow Branch125 Fourth Street SouthGlasgow, MT 59230
Malta Branch135 South Second StreetMalta, MT 59538
202 Main Street Branch202 Main StreetScobey, MT 59263
214 Second Avenue Branch214 Second Avenue WPoplar, MT 59255
Independence Bank435 Third StreetHavre, MT 59501
Conrad Branch23 5th Ave SeConrad, MT 59425
Third Avenue Branch410 3rd AvenueHavre, MT 59501

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