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Independence Bank, Financial Information

About Independence Bank

 Address:
1370 South County Trail
East Greenwich, RI
Kent County, Rhode Island
 Established:
Mar 2003
 Number of domestic offices:
1
Total assets$68M
Net income$1M
Net income, quarterly$0M
Total deposits$46M
Domestic deposits$46M
Equity capital$20M
ROA1.17%
ROAQ, quarterly0.79%
ROA, pretax0.79%
ROAQ, quarterly, pretax1.06%
ROE4.05%
ROEQ, quarterly2.73%
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