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Independent Bank, Financial Information

AboutIndependent Bank

 Address:
5050 Poplar Avenue
Memphis,TN
Shelby County,Tennessee
 Established:
Apr 1998
 Number of domestic offices:
12
Total assets$1,214M
Net income$15M
Net income,quarterly$4M
Total deposits$1,059M
Domestic deposits$1,059M
Equity capital$146M
ROA1.26%
ROAQ,quarterly1.3%
ROA,pretax1.3%
ROAQ,quarterly,pretax1.58%
ROE10.38%
ROEQ,quarterly10.79%
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