Independence State Bank

Independence, WI
IDRSSD: 396057
Total Assets
$88.36M
Latest filing
Total Deposits
$76.47M
Latest filing
Net Interest Margin
4.71%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

091805683INDEPENDENCE, WI

Key People

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Locations

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Main Office
Independence State Bank
23942 Senty Dr
Independence, WI 54747
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1897FDIC Certificate 6892

Branches (2)

Page 1 of 1
NameAddressCity / State
Independence State Bank (Main)23942 Senty DrIndependence, WI
ELK MOUND BRANCH401 E Menomonie StElk Mound, WI
CHIPPEWA FALLS BRANCH2495 Commercial BlvdChippewa Falls, WI
Showing 2 of 2

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 Date01/01/1897
Community BankYes
Ownership TypeNot Mutual
ZIP54747
State and County Number55121
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 DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees16
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.independencestatebank.com
Data Updated01/30/2026
CERT10741
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$88.36M
Total Deposits$76.47M
Total Liabilities$79.85M
Total Equity Capital$8.51M
Net Income$292.00k
Net Loans and Leases$63.96M
Assets Per Employee ($Millions)$5.52M
Bank Premises and Fixed Assets$1.44M
Cash and Balances due from Depository Institutions$7.02M
Deposits Held in Domestic Offices$76.47M

Key Performance Ratios

Return on Assets (ROA)1.36%
Return on Equity (ROE)14.03%
Net Interest Margin4.71%
Efficiency Ratio64.5%
Tier 1 Risk-Based Capital Ratio12.153%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.628%
Earning Assets to total Assets95.99%

Income and Expense

Total Interest Income$1.27M
Total Noninterest Income$60.00k
Total Interest Expense$296.00k
Total Noninterest Expense$665.00k
Net Interest Income$971.00k
Pre-tax Net Operating Income$366.00k
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$3.13M
All Other Liabilities$254.00k
Total Liabilities and Capital$88.36M

Securities

Securities$14.44M
Available-for-sale debt securities$14.30M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$120.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Independence State Bank?
$88.36M as of the latest filing.
How much are Independence State Bank's total deposits?
$76.47M in total deposits.
Where is Independence State Bank located?
Independence, WI.
What is the Net Interest Margin?
4.71%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1897.
What is the Return on Assets (ROA)?
1.36%.
How much are total loans and leases?
$63.96M (latest filing).
What is the total interest income (latest filing)?
$1.27M.