C
Independence Bank
Rating Date
August 2026
Risk Based
Capital Ratio
--
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Independence Bank
Independence, OH
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Rating C
Asset Quality Index 8.60
Capitalization Index 10.00
Liquidity Index 2.70
Profitability Index 4.30
Stability Index 8.00
Company Info Independence Bank
Independence, OH
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FDIC Number 22925
Phone Number (216) 447-1444
Website www.theindebank.com
Asset Quality Independence Bank
Independence, OH
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1-Year Asset Growth 4.31%
5-Year Asset Growth -0.43%
5-Year Charge-Offs to Average Loans 0.02%
Charge-Offs to Average Loans 0.50%
Non-Performing Assets to Assets 0.14%
Non-Performing Loans to Capital 0.85%
Non-Performing Loans to Loans 0.26%
Balance Sheet Independence Bank
Independence, OH
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Total Assets 191.24M
Total Deposits 161.60M
Capital and Reserves Independence Bank
Independence, OH
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Capital 27.37M
Leverage Ratio 14.46
Loan Loss Reserves to Loans 3.52%
Risk-Based Capital Ratio --
Liquidity Independence Bank
Independence, OH
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Hot Money Ratio 44.25%
Liquidity Ratio 29.58%
Profitability Independence Bank
Independence, OH
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5-Year Return on Average Assets 0.67%
Net Income 816.00K
Net Interest Spread 3.07%
Operating Profit to Average Assets 1.15%
Overhead Efficiency Ratio 62.68%
Return on Assets 0.85%
Return on Equity 5.97%