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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 14th largest bank in the state of Tennessee. It is also the 723rd largest bank in the nation. It was established in 1998 and as of September of 2016, it had grown to 213 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
Employees213
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.95%
Return on Equity - YTD8.77%
Annual Interest Income$34.1MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$1.02B$940.2MM
LoansQ3 2016vs Q3 2015$854.7MM$805.5MM
DepositsQ3 2016vs Q3 2015$888.4MM$791.0MM
Equity CapitalQ3 2016vs Q3 2015$112.1MM$118.8MM
Loan Loss AllowanceQ3 2016vs Q3 2015$9.4MM$9.0MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$5.3MM$6.3MM
Real Estate OwnedQ3 2016vs Q3 2015$953.00K$679.00K
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
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