Independence Bank is headquartered in Havre and is the 6th largest bank in the state of Montana. It is also the 870th largest bank in the nation. It was established in 1973 and as of June of 2022, it had grown to 129 employees at 7 locations. Independence Bank has an A health rating.
Overall | |
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FDIC Certificate # | 20989 |
Year Established | 1973 |
Employees | 129 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.5% |
Return on Equity - YTD | 14.93% |
Annual Interest Income | $21.1MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.16B$1.14B |
Loans | Q2 2022vs Q2 2021 | $776.9MM$742.6MM |
Deposits | Q2 2022vs Q2 2021 | $1.05B$1.00B |
Equity Capital | Q2 2022vs Q2 2021 | $109.3MM$122.7MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $11.8MM$10.5MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $763.00K$0 |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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Independence Bank Locations | ||
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Glasgow Branch | 101 8th Street North | Glasgow, MT 59230 |
Malta Branch | 135 South Second Street | Malta, MT 59538 |
202 Main Street Branch | 202 Main Street | Scobey, MT 59263 |
214 Second Avenue Branch | 214 Second Avenue W | Poplar, MT 59255 |
Independence Bank | 435 3rd St | Havre, MT 59501 |
Conrad Branch | 23 5th Ave Se | Conrad, MT 59425 |
Shelby Branch | 131 Main Street | Shelby, MT 59474 |
Independence Bank - Great Falls Bran | 901 River Drive North | Great Falls, MT 59401 |