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First Independence Bank
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First Independence Bank, Financial Information
AboutFirst Independence Bank
Address:
7310 Woodward Ave. Suite 101
Detroit,MI
Wayne County,Michigan
Established:
May 1970
Number of domestic offices:
3
Total assets
$287M
Net income
$1M
Net income,quarterly
$1M
Total deposits
$196M
Domestic deposits
$196M
Equity capital
$23M
ROA
0.46%
ROAQ,quarterly
1.01%
ROA,pretax
1.01%
ROAQ,quarterly,pretax
1.27%
ROE
5.75%
ROEQ,quarterly
12.66%
Updated
May 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.
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Historical Data