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Independence Bank, Financial Information

About Independence Bank

 Address:
4401 Rockside Road
Independence, OH
Cuyahoga County, Ohio
 Established:
Aug 1979
 Number of domestic offices:
1
Total assets$185M
Net income$1M
Net income, quarterly$0M
Total deposits$160M
Domestic deposits$160M
Equity capital$25M
ROA0.58%
ROAQ, quarterly0.07%
ROA, pretax0.07%
ROAQ, quarterly, pretax0.14%
ROE4.17%
ROEQ, quarterly0.53%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data