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Overview / Commentary
901-844-0400
5050 Poplar Avenue
Memphis, TN 38157

Independent Bank (TN) is headquartered in Memphis and is the 13th largest bank in the state of Tennessee. It is also the 739th largest bank in the nation. It was established in 1998 and as of March of 2016, it had grown to 206 employees at 11 locations. Independent Bank (TN) has an A health rating.

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Health
A

Health Grade Components

Overall
FDIC Certificate #34728
Year Established1998
Employees206
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD7.42%
Annual Interest Income$11.1MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$986.8MM$904.1MM
LoansQ1 2016vs Q1 2015$857.7MM$756.2MM
DepositsQ1 2016vs Q1 2015$825.9MM$746.0MM
Equity CapitalQ1 2016vs Q1 2015$106.9MM$114.4MM
Loan Loss AllowanceQ1 2016vs Q1 2015$9.7MM$8.8MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$5.2MM$6.3MM
Real Estate OwnedQ1 2016vs Q1 2015$1.4MM$1.0MM
Rates

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Locations


Independent Bank (TN) Locations
Union Avenue Branch1711 Union AvenueMemphis, TN 38104
Independent Bank Collierville Branch2116 West PoplarCollierville, TN 38017
Kroger-Collierville Branch240 New Byhalia RoadCollierville, TN 38017
Poplar/Holmes Branch3295 Poplar AvenueMemphis, TN 38111
Downtown Commerce Square Branch40 South Main StreetMemphis, TN 38103
Laurelwood Branch450 Perkins ExtdMemphis, TN 38117
Independent Bank5050 Poplar AvenueMemphis, TN 38157
Kroger-Bartlett Branch5995 Stage RoadBartlett, TN 38134
Poplar Avenue Branch6209 Poplar AvenueMemphis, TN 38119
Germantown Branch7635 Poplar AvenueGermantown, TN 38138