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 Independent Bank
Independent Bank
| RSSD ID 2666400 | CERTIFICATE 34728 | ABA NUMBER 84008426 |
| 5050 Poplar Avenue |
Quarter Ended : |
2025-06-30 |
| Memphis, Tennessee, 38157 |
Updated : |
2025-07-28 |
| www.i-bankonline.com |
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| Institution Profile |
| Year Opened : |
1998 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Over 1 Billion |
| Number of Offices : |
12 |
Number of Employees : |
237 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,794,969 |
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Total Interest Income | 50,554 |
| Total Liabilities | 1,608,374 |
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Total NonInterest Income | 11,036 |
| Total Bank Equity Capital | 186,595 |
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Total Interest Expense | 21,160 |
| Total Deposits | 1,547,347 |
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Total NonInterest Expense | 26,180 |
| Net Loans & Leases | 1,270,199 |
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Net Income | 9,079 |
| Loan Loss Allowance | 14,479 |
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Net Charge Offs | 2,299 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 186,338 |
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Total loans | 1,259,260 |
| Total assets for the leverage ratio | 1,618,361 |
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Loans secured by real estate: | 383,174 |
| Tier 1 Leverage Ratio | 10.62 |
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Commercial and industrial loans | 91,809 |
| Tier 1 Capital Ratio | 9.82 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.65 |
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Loans to individuals - Other | 621,010 |
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:· Independent Bank
