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 Independent Bank
Independent Bank
| RSSD ID 2666400 | CERTIFICATE 34728 | ABA NUMBER 84008426 |
| 5050 Poplar Avenue |
Quarter Ended : |
2025-03-31 |
| Memphis, Tennessee, 38157 |
Updated : |
2025-04-29 |
| www.i-bankonline.com |
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| Institution Profile |
| Year Opened : |
1998 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Over 1 Billion |
| Number of Offices : |
12 |
Number of Employees : |
234 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,565,973 |
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Total Interest Income | 24,286 |
| Total Liabilities | 1,390,951 |
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Total NonInterest Income | 5,107 |
| Total Bank Equity Capital | 175,022 |
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Total Interest Expense | 10,069 |
| Total Deposits | 1,321,617 |
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Total NonInterest Expense | 13,039 |
| Net Loans & Leases | 1,220,798 |
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Net Income | 3,752 |
| Loan Loss Allowance | 14,479 |
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Net Charge Offs | 1,366 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 174,765 |
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Total loans | 1,234,988 |
| Total assets for the leverage ratio | 1,498,331 |
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Loans secured by real estate: | 386,781 |
| Tier 1 Leverage Ratio | 10.7 |
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Commercial and industrial loans | 86,483 |
| Tier 1 Capital Ratio | 10.89 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.87 |
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Loans to individuals - Other | 614,851 |
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:· Independent Bank
