Independent Bank (TN)
Overview / Commentary
Independent Bank (TN) is headquartered in Memphis and is the 13th largest bank in the state of Tennessee. It is also the 714th largest bank in the nation. It was established in 1998 and as of June of 2016, it had grown to 208 employees at 11 locations. Independent Bank (TN) has an A health rating.
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Health
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34728 |
| Year Established | 1998 |
| Employees | 208 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 8.38% |
| Annual Interest Income | $22.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.02B$934.0MM |
| Loans | Q2 2016vs Q2 2015 | $867.3MM$777.7MM |
| Deposits | Q2 2016vs Q2 2015 | $846.4MM$767.2MM |
| Equity Capital | Q2 2016vs Q2 2015 | $109.5MM$116.2MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $9.7MM$8.8MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $5.0MM$6.1MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $952.00K$679.00K |
Rates
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Locations
| Independent Bank (TN) Locations | ||
|---|---|---|
| Union Avenue Branch | 1711 Union Avenue | Memphis, TN 38104 |
| Independent Bank Collierville Branch | 2116 West Poplar | Collierville, TN 38017 |
| Kroger-Collierville Branch | 240 New Byhalia Road | 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 |