i-bank


Overview / Commentary
901-844-5051
5050 Poplar Avenue
Memphis, TN 38157

i-bank is headquartered in Memphis and is the 19th largest bank in the state of Tennessee. It is also the 796th largest bank in the nation. It was established in 1998 and as of June of 2020, it had grown to 224 employees at 12 locations. i-bank has an A health rating.

Reviews (1)

Excellent Banking Experience

Posted by: |

I-Bank is an outstanding bank for personal and business banking needs. The bank carries an A rating in regards to its financial strength and that is important. The employees are courteous and go that “extra mile”. I consider I-Bank the best bank in the Memphis, Tennessee area!



Health

Health Grade Components

Overall
FDIC Certificate #34728
Year Established1998
Employees224
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD10.02%
Annual Interest Income$26.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.17B$1.04B
LoansQ2 2020vs Q2 2019$925.1MM$850.7MM
DepositsQ2 2020vs Q2 2019$1.02B$872.7MM
Equity CapitalQ2 2020vs Q2 2019$140.0MM$130.8MM
Loan Loss AllowanceQ2 2020vs Q2 2019$8.3MM$8.5MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$6.9MM$4.2MM
Real Estate OwnedQ2 2020vs Q2 2019$6.4MM$2.5MM
Rates

Sorry, we do not have rate data for i-bank.

Locations


i-bank Locations
Union Avenue Branch1711 Union AvenueMemphis, TN 38104
Independent Bank Collierville Branch2116 West PoplarCollierville, 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

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