Overview / Commentary
Independent Bank (TN) is headquartered in Memphis and is the 17th largest bank in the state of Tennessee. It is also the 743rd largest bank in the nation. It was established in 1998 and as of December of 2018, it had grown to 214 employees at 12 locations. Independent Bank (TN) has a B+ health rating.
Related Posts
View all posts from:
Health
B+
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34728 |
| Year Established | 1998 |
| Employees | 214 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.22% |
| Return on Equity - YTD | 9.97% |
| Annual Interest Income | $46.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.06B$1.00B |
| Loans | Q4 2018vs Q4 2017 | $856.9MM$796.2MM |
| Deposits | Q4 2018vs Q4 2017 | $892.4MM$850.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $127.9MM$120.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $8.6MM$8.1MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $10.5MM$7.6MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $2.3MM$1.9MM |
Rates
Rates for Independent Bank (TN) are currently being reviewed.
Locations
| Independent Bank (TN) Locations | ||
|---|---|---|
| Union Avenue Branch | 1711 Union Avenue | Memphis, TN 38104 |
| Independent Bank Collierville Branch | 2116 West Poplar | Collierville, TN 38017 |
| Poplar/Holmes Branch | 3295 Poplar Avenue | Memphis, TN 38111 |
| Downtown Commerce Square Branch | 40 South Main Street | Memphis, TN 38103 |
| Laurelwood Branch | 450 Perkins Extd | Memphis, TN 38117 |
| Independent Bank | 5050 Poplar Avenue | Memphis, TN 38157 |
| Kroger-Bartlett Branch | 5995 Stage Road | Bartlett, TN 38134 |
| Poplar Avenue Branch | 6209 Poplar Avenue | Memphis, TN 38119 |
| Germantown Branch | 7635 Poplar Avenue | Germantown, TN 38138 |