TellerScore

First Independence Bank (FDIC certificate #20179) is based in Detroit, Michigan. Its Q2 2026 call report shows $875.3M in total assets and $703.4M in deposits and 5 offices across 3 states.

First Independence Bank has a TellerScore of 74 out of 100 (strong) based on Q2 2026 data — higher than 57% of its 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 23rd. Earnings contributes the most (100/100, 2.08%); funding & liquidity contributes the least (57/100, 75% loans-to-deposits, 41% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion58/100
Tier 1 leverage ratio: 10.82%
Loan quality76/100
Noncurrent loans ÷ total loans: 0.71%
Earnings100/100
Return on assets (annualized): 2.08%
Funding & liquidity57/100
Loans ÷ deposits and uninsured-deposit share: 74.6% · 40.7% uninsured
Problem-loan coverage91/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 4.45%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 10 points (64 → 74), mostly because the earnings component improved by 45 points.

TellerScore
636974Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202467
Q3 202468
Q4 202463
Q1 202564
Q2 202564
Q3 202567
Q4 202568
Q1 202672
Q2 202674
Tier 1 leverage ratio
5.00%8.05%11.10%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.30%
Q3 202410.35%
Q4 20249.96%
Q1 202510.15%
Q2 202510.15%
Q3 202510.39%
Q4 202510.39%
Q1 202611.10%
Q2 202610.82%
Noncurrent loans
0.21%0.62%1.02%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.21%
Q3 20240.28%
Q4 20240.68%
Q1 20250.61%
Q2 20250.56%
Q3 20250.39%
Q4 20250.24%
Q1 20261.02%
Q2 20260.71%
Return on assets
0.72%2.19%3.67%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.85%
Q3 20240.95%
Q4 20240.94%
Q1 20250.72%
Q2 20250.87%
Q3 20250.88%
Q4 20250.85%
Q1 20263.67%
Q2 20262.08%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202674$875.3M10.82%0.71%2.08%74.6%
Q1 202672$875.0M11.10%1.02%3.67%78.3%
Q4 202568$696.9M10.39%0.24%0.85%78.0%
Q3 202567$699.6M10.39%0.39%0.88%73.4%
Q2 202564$699.7M10.15%0.56%0.87%73.5%
Q1 202564$690.9M10.15%0.61%0.72%69.9%
Q4 202463$644.1M9.96%0.68%0.94%76.9%
Q3 202468$664.8M10.35%0.28%0.95%75.1%
Q2 202467$609.1M10.30%0.21%0.85%81.7%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.82%
47th
Total risk-based capital0.00%
24th
Problem loans0.71%
37th
Net charge-offs2.11%
1st
Return on assets2.08%
88th
Net interest margin3.76%
40th
Efficiency ratio69.4%
32nd
Loans to deposits74.6%
61st
Uninsured deposits40.7%
10th
Loan-loss reserves1.99%
93rd
Texas ratio4.5%
38th

Similar-size banks in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
West Shore BankBank Ludington, MI56 out of 100, Moderate$833.6M9.8%1.24%vs
Oxford BankBank Oxford, MI53 out of 100, Below average$930.5M11.9%2.26%vs
First National Bank of MichiganBank Kalamazoo, MI60 out of 100, Moderate$988.9M9.5%0.80%vs
Thumb Bank and TrustBank Pigeon, MI77 out of 100, Strong$673.3M9.4%0.03%vs
Tri-County BankBank Brown City, MI78 out of 100, Strong$638.6M13.6%1.30%vs
First Bank, Upper MichiganBank Gladstone, MI81 out of 100, Strong$629.5M12.7%0.63%vs

Deposit insurance

Is my money safe at First Independence Bank?

Yes. First Independence Bank is an FDIC-insured institution (FDIC certificate #20179). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 40.7% of deposits ($286.1M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.82%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

5 locations

Branches

First Independence Bank lists 4 offices in 3 cities across 3 states. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
First Independence Bank
Former names
First Independence National Bank of Detroit
Type
State-chartered bank
FDIC certificate #
20179
RSSD ID
254849
Primary regulator
FDIC
Holding company
First Independence Corp
Established
May 14, 1970
Headquarters
7310 Woodward Ave, Detroit, MI 48202
Employees
125

Quick answers

First Independence Bank: common questions

Is First Independence Bank FDIC insured?

Yes. First Independence Bank is an FDIC-insured institution (FDIC certificate #20179). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Independence Bank's TellerScore?

74 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Independence Bank ever failed?

There is no failure record for FDIC certificate #20179 in the FDIC failed bank list.

How many branches does First Independence Bank have?

5 offices as of the latest FDIC data, in 3 states.

Nearby

Highest-scoring banks and credit unions with branches near Detroit

InstitutionScoreAssetsCapitalProblem loansCompare
Total Community Credit UnionCredit union Taylor, MI97 out of 100, Very strong$111.3M15.3%0.36%vs
JPMorgan Chase Bank, DearbornBank Dearborn, MI94 out of 100, Very strong$71.5M99.6%0.00%vs
I.M. Detroit District Credit UnionCredit union Detroit, MI93 out of 100, Very strong$1.9M28.1%0.00%vs
The Local Credit UnionCredit union Sterling Height, MI92 out of 100, Very strong$106.6M16.1%0.26%vs
Electrical Workers Local 58 Credit UnionCredit union Detroit, MI90 out of 100, Very strong$21.4M12.2%0.09%vs
Jessop Community Federal Credit UnionCredit union Washington, PA87 out of 100, Very strong$34.1M13.8%0.38%vs