Independence Bank of Kentucky
Owensboro, KY
IDRSSD: 648242
Total Assets
$3.81B
Latest filing
Total Deposits
$3.29B
Latest filing
Net Interest Margin
2.38%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Independence Bank of Kentucky
2425 Frederica St
Owensboro, KY 42301
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1909FDIC Certificate 5182
Branches (25)
Page 1 of 4| Name | Address | City / State |
|---|---|---|
| Independence Bank of Kentucky (Main) | 2425 Frederica St | Owensboro, KY |
| PROVIDENCE BRANCH | 211 Us Highway 41a S | Providence, KY |
| LIVERMORE BRANCH | 614 Henton St | Livermore, KY |
| PARRISH AVENUE BRANCH | 2465 W Parrish Ave | Owensboro, KY |
| HIGHWAY 54 BRANCH | 3228 Highway 54 | Owensboro, KY |
| SEBREE BRANCH | 308 Us Highway 41 S | Sebree, KY |
| HAWESVILLE BRANCH | 225 Us Highway 60 E | Hawesville, KY |
| FREEDOM SQUARE BRANCH | 1950 Scottsville Rd | Bowling Green, KY |
Showing 7 of 25
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/01/1909 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 42301 |
| State and County Number | 21059 |
| Subchapter S Corporations | Yes |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 08 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Owensboro, KY |
Operational Info
| Number of Employees | 407 |
| Domestic Offices | 26 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.1776bank.com |
| Data Updated | 11/14/2025 |
| CERT | 8136 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $3.81B |
| Total Deposits | $3.29B |
| Total Liabilities | $3.51B |
| Total Equity Capital | $295.38M |
| Net Income | $7.71M |
| Net Loans and Leases | $2.11B |
| Assets Per Employee ($Millions) | $9.29M |
| Bank Premises and Fixed Assets | $82.09M |
| Cash and Balances due from Depository Institutions | $144.94M |
| Deposits Held in Domestic Offices | $3.29B |
Key Performance Ratios
| Return on Assets (ROA) | 0.81% |
| Return on Equity (ROE) | 10.61% |
| Net Interest Margin | 2.38% |
| Efficiency Ratio | 68.7% |
| Tier 1 Risk-Based Capital Ratio | 12.625% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.1% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.755% |
| Earning Assets to total Assets | 96.08% |
Income and Expense
| Total Interest Income | $43.59M |
| Total Noninterest Income | $5.94M |
| Total Interest Expense | $21.78M |
| Total Noninterest Expense | $19.06M |
| Net Interest Income | $21.81M |
| Pre-tax Net Operating Income | $7.71M |
| Provision for Credit Losses | $975.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $725.00k |
| Other borrowed funds | $190.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.27M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $30.11M |
| Total Liabilities and Capital | $3.81B |
Securities
| Securities | $1.42B |
| Available-for-sale debt securities | $251.11M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $1.17B |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Independence Bank of Kentucky?
$3.81B as of the latest filing.
How much are Independence Bank of Kentucky's total deposits?
$3.29B in total deposits.
Where is Independence Bank of Kentucky located?
Owensboro, KY.
What is the Net Interest Margin?
2.38%.
How many domestic offices does it operate?
26.
When was it established?
01/01/1909.
What is the Return on Assets (ROA)?
0.81%.
How much are total loans and leases?
$2.11B (latest filing).
What is the total interest income (latest filing)?
$43.59M.