C
Independence Bank
Rating Date
October 2025
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 8.50
Capitalization Index 10.00
Liquidity Index 1.40
Profitability Index 3.60
Stability Index 7.90
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 -1.69%
5-Year Asset Growth 0.72%
5-Year Charge-Offs to Average Loans 0.03%
Charge-Offs to Average Loans 0.00%
Non-Performing Assets to Assets 0.07%
Non-Performing Loans to Capital 0.42%
Non-Performing Loans to Loans 0.12%
Balance Sheet Independence Bank
Independence, OH
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Total Assets 185.37M
Total Deposits 155.96M
Capital and Reserves Independence Bank
Independence, OH
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Capital 27.06M
Leverage Ratio 15.16
Loan Loss Reserves to Loans 3.47%
Risk-Based Capital Ratio --
Liquidity Independence Bank
Independence, OH
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Hot Money Ratio 44.12%
Liquidity Ratio 25.78%
Profitability Independence Bank
Independence, OH
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5-Year Return on Average Assets 0.66%
Net Income 1.06M
Net Interest Spread 3.05%
Operating Profit to Average Assets 1.07%
Overhead Efficiency Ratio 64.64%
Return on Assets 0.77%
Return on Equity 5.27%