Independence Bank

Havre, MT
IDRSSD: 606653
Total Assets
$1.33B
Latest filing
Total Deposits
$1.16B
Latest filing
Net Interest Margin
4.33%
Profitability

Locations

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Main Office
Independence Bank
435 3rd St
Havre, MT 59501
Full Service - Brick and Mortar
Updated 11/14/2025Established 03/12/1973FDIC Certificate 14494

Branches (9)

Page 1 of 2
NameAddressCity / State
Independence Bank (Main)435 3rd StHavre, MT
GLASGOW BRANCH101 8th Street NorthGlasgow, MT
MALTA BRANCH135 South Second StreetMalta, MT
CONRAD BRANCH23 5th Ave SeConrad, MT
SHELBY BRANCH131 Main StShelby, MT
INDEPENDENCE BANK - GREAT FALLS BRANCH901 River Dr NGreat Falls, MT
WOLF POINT BRANCH300 Us Highway 2Wolf Point, MT
INDEPENDENCE BANK - PLENTYWOOD BRANCH112 N. Main StreetPlentywood, MT
Showing 7 of 9

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/12/1973
Community BankYes
Ownership TypeNot Mutual
ZIP59501
State and County Number30041
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameN/A

Operational Info

Number of Employees154
Domestic Offices10
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance03/12/1973
Primary Insurance AgencyDIF
Websitewww.ibyourbank.com
Data Updated11/14/2025
CERT20989
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.33B
Total Deposits$1.16B
Total Liabilities$1.17B
Total Equity Capital$155.33M
Net Income$5.34M
Net Loans and Leases$1.04B
Assets Per Employee ($Millions)$9.16M
Bank Premises and Fixed Assets$16.50M
Cash and Balances due from Depository Institutions$11.25M
Deposits Held in Domestic Offices$1.16B

Key Performance Ratios

Return on Assets (ROA)1.6%
Return on Equity (ROE)14.29%
Net Interest Margin4.33%
Efficiency Ratio41.58%
Tier 1 Risk-Based Capital Ratio14.655%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.692%
Earning Assets to total Assets95.7%

Income and Expense

Total Interest Income$20.23M
Total Noninterest Income$724.00k
Total Interest Expense$6.42M
Total Noninterest Expense$6.04M
Net Interest Income$13.81M
Pre-tax Net Operating Income$8.15M
Provision for Credit Losses$337.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$138.00k
Other borrowed funds$11.46M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$637.00k
All Other Liabilities$4.54M
Total Liabilities and Capital$1.33B

Securities

Securities$227.15M
Available-for-sale debt securities$227.15M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Independence Bank?
$1.33B as of the latest filing.
How much are Independence Bank's total deposits?
$1.16B in total deposits.
Where is Independence Bank located?
Havre, MT.
What is the Net Interest Margin?
4.33%.
How many domestic offices does it operate?
10.
When was it established?
03/12/1973.
What is the Return on Assets (ROA)?
1.6%.
How much are total loans and leases?
$1.04B (latest filing).
What is the total interest income (latest filing)?
$20.23M.