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

Independence Bank is headquartered in Havre and is the 7th largest bank in the state of Montana. It is also the 1,107th largest bank in the nation. It was established in 1973 and as of September of 2017, it had grown to 100 employees at 7 locations. Independence Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #20989
Year Established1973
Employees100
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.61%
Return on Equity - YTD12.32%
Annual Interest Income$24.5MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$669.6MM$625.5MM
LoansQ3 2017vs Q3 2016$580.4MM$530.5MM
DepositsQ3 2017vs Q3 2016$559.0MM$519.4MM
Equity CapitalQ3 2017vs Q3 2016$89.6MM$84.0MM
Loan Loss AllowanceQ3 2017vs Q3 2016$7.1MM$6.6MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$6.5MM$3.0MM
Real Estate OwnedQ3 2017vs Q3 2016$200.00K$0
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