Indiana Business Bank is headquartered in Indianapolis and is the 107th largest bank in the state of Indiana. It is also the 5,158th largest bank in the nation. It was established in 2004 and as of June of 2016, it had grown to 11 employees at 1 location. Indiana Business Bank has a B+ health rating.
Client for 4 years.
Website is extremely unfriendly and not intuitive. For example, hitting the backspace on a browser logs you out.
Responsiveness from staff is also poor and often takes 24 hours. Excessive loan documentation requests vs. other IN banks. Fees and rates also appear to be much higher compared to others (1% and 25%, respectively).
|FDIC Certificate #||57713|
|Return on Assets - YTD||0.47%|
|Return on Equity - YTD||2.58%|
|Annual Interest Income||$1.5MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$63.2MM$66.4MM|
|Loans||Q2 2016vs Q2 2015||$48.9MM$51.1MM|
|Deposits||Q2 2016vs Q2 2015||$43.3MM$45.0MM|
|Equity Capital||Q2 2016vs Q2 2015||$12.0MM$11.4MM|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$978.00K$984.00K|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$608.00K$858.00K|
|Real Estate Owned||Q2 2016vs Q2 2015||$0$0|
Sorry, we do not have rate data for Indiana Business Bank.
|Indiana Business Bank Locations|
|Indiana Business Bank||250 East 96th Street, Suite 100||Indianapolis, IN 46240|