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Industrial Bank

Washington, DC
IDRSSD: 536527
Total Assets
$745.67M
Latest filing
Total Deposits
$627.36M
Latest filing
Net Interest Margin
3.80%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date08/18/1934
Community BankYes
Ownership TypeNot Mutual
ZIP20011
State and County Number11001
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameWashington-Arlington-Alexandria, DC-VA-MD-WV

Operational Info

Number of Employees143
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/18/1934
Primary Insurance AgencyDIF
Websitewww.industrial-bank.com
Data Updated11/14/2025
CERT14679
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$745.67M
Total Deposits$627.36M
Total Liabilities$638.32M
Total Equity Capital$107.35M
Net Income$1.49M
Net Loans and Leases$405.94M
Assets Per Employee ($Millions)$5.25M
Bank Premises and Fixed Assets$20.07M
Cash and Balances due from Depository Institutions$39.77M
Deposits Held in Domestic Offices$627.36M

Key Performance Ratios

Return on Assets (ROA)0.8%
Return on Equity (ROE)5.63%
Net Interest Margin3.8%
Efficiency Ratio92.84%
Tier 1 Risk-Based Capital Ratio25.691%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.8%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.397%
Earning Assets to total Assets93.09%

Income and Expense

Total Interest Income$8.84M
Total Noninterest Income$1.18M
Total Interest Expense$2.23M
Total Noninterest Expense$7.24M
Net Interest Income$6.61M
Pre-tax Net Operating Income$2.06M
Provision for Credit Losses$-1,499,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$157.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$5.42M
All Other Liabilities$5.54M
Total Liabilities and Capital$745.67M

Securities

Securities$252.21M
Available-for-sale debt securities$251.28M
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 Industrial Bank?
$745.67M as of the latest filing.
How much are Industrial Bank's total deposits?
$627.36M in total deposits.
Where is Industrial Bank located?
Washington, DC.
What is the Net Interest Margin?
3.80%.
How many domestic offices does it operate?
9.
When was it established?
08/18/1934.
What is the Return on Assets (ROA)?
0.8%.
How much are total loans and leases?
$405.94M (latest filing).
What is the total interest income (latest filing)?
$8.84M.