Independence Bank

Independence, OH
IDRSSD: 956527
Total Assets
$181.25M
Latest filing
Total Deposits
$152.21M
Latest filing
Net Interest Margin
2.97%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

041201813INDEPENDENCE, OH

Key People

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Locations

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Main Office
Independence Bank
4401 Rockside Rd
Independence, OH 44131
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/15/1979FDIC Certificate 16032

Branches (0)

Page 1 of 1
NameAddressCity / State
No branch data available.
Independence Bank (Main)4401 Rockside RdIndependence, OH

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 Date08/15/1979
Community BankYes
Ownership TypeNot Mutual
ZIP44131
State and County Number39035
Subchapter S CorporationsNo
Trust PowersTrust Powers Not Granted
Federal Reserve ID Number04
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameCleveland-Elyria, OH

Operational Info

Number of Employees19
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/15/1979
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated01/30/2026
CERT22925
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$181.25M
Total Deposits$152.21M
Total Liabilities$154.14M
Total Equity Capital$27.11M
Net Income$151.00k
Net Loans and Leases$110.17M
Assets Per Employee ($Millions)$9.54M
Bank Premises and Fixed Assets$68.00k
Cash and Balances due from Depository Institutions$29.86M
Deposits Held in Domestic Offices$152.21M

Key Performance Ratios

Return on Assets (ROA)0.33%
Return on Equity (ROE)2.23%
Net Interest Margin2.97%
Efficiency Ratio80.26%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.96%
Earning Assets to total Assets94.47%

Income and Expense

Total Interest Income$2.35M
Total Noninterest Income$25.00k
Total Interest Expense$1.06M
Total Noninterest Expense$1.05M
Net Interest Income$1.28M
Pre-tax Net Operating Income$258.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.93M
Total Liabilities and Capital$181.25M

Securities

Securities$33.99M
Available-for-sale debt securities$25.67M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$8.32M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Independence Bank?
$181.25M as of the latest filing.
How much are Independence Bank's total deposits?
$152.21M in total deposits.
Where is Independence Bank located?
Independence, OH.
What is the Net Interest Margin?
2.97%.
How many domestic offices does it operate?
1.
When was it established?
08/15/1979.
What is the Return on Assets (ROA)?
0.33%.
How much are total loans and leases?
$110.17M (latest filing).
What is the total interest income (latest filing)?
$2.35M.