Independence Federal Bank For Savings Financial Statements & Health Reports

Acquired Jan 2014

Vitals

ROAA

-1.566

ROAE

Efficiency Ratio

Net Interest Margin

Balance Sheet Highlights

Financial Highlights	Independence Federal Bank For Savings
Balance Sheet $(000)
Total Assets	19,530
Total Net Loans	10,439
Total Deposits	18,034
Total Equity	1,373
Profitability
Net Income	-313
Return on Average Assets	-1.566
Return on Average Equity	-20.288
Net Interest Margin	1.375
Efficiency Ratio	210.394
Noninterest Income/Revenue	1.736
Balance Sheet Ratios
Loan-to-Deposit	57.885
Securities/Assets	.443
Total Equity/Total Assets	.07
Tangible Equity/Tangible Assets	.07
Capital Adequacy
Tier 1 Common Capital	—
Tier 1 Capital	1,442
Tier 2 Capital	95
Total Capital	1,537
Total Risk Weighted Assets	7,533
Leverage Ratio	7.36
Common Equity Tier 1 Capital Ratio	—
Tier 1 Capital Ratio	19.14
Total Capital Ratio	20.4

Independence Federal Bank For Savings was acquired by Wcf Financial Bank 10 years

View Profile Jan 04 2014

Independence Federal Bank For Savings was established 89 years ago and is currently headquartered in Independence, IA.

May 20 1935

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
Wcf Financial Bank	Buyer	121,938	Acquisition	Discontinued	1/4/2014

Relationships	Role	Relationship Start	Relationship End

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