Vitals
  • Total Assets
    115.1M 0.2 %
  • Total Deposits
    87.4M -0.6 %
  • Total Net Loans
    71.3M 0.6 %
  • Net Income
    418000.0000 -31.7 %
  • Book Value
    13.4M 1.5 %
  • Book Value x2
    26.8M 1.5 %
  • Book Value x3
    40.3M 1.5 %
ROAA

.486

ROAE

4.242

Efficiency Ratio

76.437

Net Interest Margin

3.654

Balance Sheet Highlights
Financial Highlights Independent Bank All Insured Commercial Banks in Wisconsin
Balance Sheet $(000)
Total Assets 115,053 161,404
Total Net Loans 71,255 122,097
Total Deposits 87,392 132,324
Total Equity 13,417 16,737
Profitability
Net Income 418 1,539
Return on Average Assets .486 1.168
Return on Average Equity 4.242 11.196
Net Interest Margin 3.654 3.936
Efficiency Ratio 76.437 61.747
Noninterest Income/Revenue 10.983 8.875
Balance Sheet Ratios
Loan-to-Deposit 81.535 89.362
Securities/Assets .225 .581
Total Equity/Total Assets .117 .104
Tangible Equity/Tangible Assets .117 -.197
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 13,342 16,147
Tier 2 Capital 604 1,375
Total Capital 13,946 17,523
Total Risk Weighted Assets 76,490 126,185
Leverage Ratio 11.6 10.472
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 17.44 13.868
Total Capital Ratio 18.23 14.974

Timeline for Independent Bank

State Bank Of Cross Plains

Independent Bank was acquired by State Bank Of Cross Plains 17 years

View Profile Dec 05 2006

Independent Bank

Independent Bank became a new parent organization for Independent Bank.

View Profile Dec 01 2000

Independent Bank

Independent Bank became a new subsidiary organization for Independent Bank.

View Profile Dec 01 2000

Verona Bancshares, Limited

Verona Bancshares, Limited became a new parent organization for Independent Bank.

View Profile Dec 31 1997

Independent Bank

Independent Bank was established 120 years ago and is currently headquartered in Verona, WI.

Feb 01 1904
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
State Bank Of Cross Plains Buyer 834,407 Acquisition Discontinued 12/5/2006
Relationships Role Relationship Start Relationship End
Independent Bank Parent 12/1/2000 12/4/2006
Verona Bancshares, Limited Parent 12/31/1997 12/4/2006
Independent Bank Subsidary 12/1/2000 12/4/2006
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