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 Independence Bank of Kentucky
Independence Bank of Kentucky
| RSSD ID 648242 | CERTIFICATE 8136 | ABA NUMBER 83902756 |
| 2425 Frederica St |
Quarter Ended : |
2025-03-31 |
| Owensboro, Kentucky, 42301 |
Updated : |
2025-04-29 |
| www.1776bank.com |
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| Institution Profile |
| Year Opened : |
1909 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
26 |
Number of Employees : |
406 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 3,801,538 |
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Total Interest Income | 41,905 |
| Total Liabilities | 3,516,204 |
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Total NonInterest Income | 5,365 |
| Total Bank Equity Capital | 285,334 |
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Total Interest Expense | 22,389 |
| Total Deposits | 3,249,246 |
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Total NonInterest Expense | 18,568 |
| Net Loans & Leases | 2,071,076 |
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Net Income | 6,213 |
| Loan Loss Allowance | 19,366 |
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Net Charge Offs | 19 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 347,968 |
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Total loans | 2,077,542 |
| Total assets for the leverage ratio | 3,819,529 |
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Loans secured by real estate: | 1,764,151 |
| Tier 1 Leverage Ratio | 8.6 |
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Commercial and industrial loans | 155,296 |
| Tier 1 Capital Ratio | 12.49 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.23 |
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Loans to individuals - Other | 5,257 |
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:· Independence Bank of Kentucky
