Vitals
  • Total Assets
    2.0B 10.4 %
  • Total Deposits
    1.5B 9.2 %
  • Total Net Loans
    1.1B 7.7 %
  • Net Income
    29.9M -3.9 %
  • Book Value
    147.4M 8.4 %
  • Book Value x2
    294.8M 8.4 %
  • Book Value x3
    442.1M 8.4 %
ROAA

1.584

ROAE

21.085

Efficiency Ratio

55.029

Net Interest Margin

4.101

Balance Sheet Highlights
Financial Highlights Independence Bank Of Kentucky All Insured Commercial Banks in Kentucky
Balance Sheet $(000)
Total Assets 2,002,516 275,102
Total Net Loans 1,076,578 177,820
Total Deposits 1,520,451 227,063
Total Equity 147,382 30,287
Profitability
Net Income 29,886 2,592
Return on Average Assets 1.584 .944
Return on Average Equity 21.085 8.074
Net Interest Margin 4.101 3.847
Efficiency Ratio 55.029 70.925
Noninterest Income/Revenue 8.956 17.219
Balance Sheet Ratios
Loan-to-Deposit 70.807 76.952
Securities/Assets .406 .219
Total Equity/Total Assets .074 .11
Tangible Equity/Tangible Assets .072 .107
Capital Adequacy
Tier 1 Common Capital 152,110 29,354
Tier 1 Capital 152,110 29,354
Tier 2 Capital 12,053 2,092
Total Capital 164,163 31,454
Total Risk Weighted Assets 1,329,056 190,479
Leverage Ratio 7.89 11.285
Common Equity Tier 1 Capital Ratio 11.45 17.115
Tier 1 Capital Ratio 11.45 17.115
Total Capital Ratio 12.35 18.174

Timeline for Independence Bank Of Kentucky

Independence Bank

Acquisition: Independence Bank Of Kentucky acquired a new subsidiary, Independence Bank, 26 years

View Profile Jan 01 1998

Independence Bancshares, Inc.

Independence Bancshares, Inc. became a new parent organization for Independence Bank Of Kentucky.

View Profile Jan 01 1980

Independence Bank Of Kentucky

Independence Bank Of Kentucky was established 115 years ago and is currently headquartered in Owensboro, KY.

Jan 01 1909
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Independence Bank Seller 43,766 Pooling of Interests Discontinued 1/1/1998
Relationships Role Relationship Start Relationship End
Independence Bancshares, Inc. Parent 10/23/1997
Independence Bancshares, Inc. Parent 12/31/1995 10/22/1997
Independence Bancshares, Inc. Parent 12/31/1992 12/30/1995
Independence Bancshares, Inc. Parent 12/31/1988 12/30/1992
Independence Bancshares, Inc. Parent 1/1/1980 12/30/1988
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