Headquartered in Independence, Ohio, Independence Bank is a state-chartered bank with $191.2M in total assets and $161.6M in deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1979.
Based on its Q2 2026 filing, Independence Bank scores 81/100, which we describe as strong. That is higher than 80% of 2,650 banks with $100 million – $1 billion. Among 157 banks headquartered in Ohio, it ranks 24th. Its strongest component is problem-loan coverage (98/100; 0.9%), and its lowest is earnings (55/100; 0.87%).
TellerScore · Q2 2026
Scorecard
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 9 points (72 → 81), mostly because the loan quality component improved by 30 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 81 |
| Q3 2024 | 79 |
| Q4 2024 | 79 |
| Q1 2025 | 78 |
| Q2 2025 | 72 |
| Q3 2025 | 82 |
| Q4 2025 | 81 |
| Q1 2026 | 84 |
| Q2 2026 | 81 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 14.63% |
| Q3 2024 | 14.81% |
| Q4 2024 | 14.78% |
| Q1 2025 | 15.60% |
| Q2 2025 | 15.15% |
| Q3 2025 | 15.16% |
| Q4 2025 | 15.16% |
| Q1 2026 | 15.26% |
| Q2 2026 | 14.46% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.12% |
| Q3 2024 | 0.35% |
| Q4 2024 | 0.24% |
| Q1 2025 | 0.53% |
| Q2 2025 | 1.17% |
| Q3 2025 | 0.12% |
| Q4 2025 | 0.10% |
| Q1 2026 | 0.22% |
| Q2 2026 | 0.26% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.83% |
| Q3 2024 | 0.86% |
| Q4 2024 | 0.72% |
| Q1 2025 | 0.87% |
| Q2 2025 | 0.81% |
| Q3 2025 | 0.77% |
| Q4 2025 | 0.66% |
| Q1 2026 | 1.01% |
| Q2 2026 | 0.87% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 81 | $191.2M | 14.46% | 0.26% | 0.87% | 62.1% |
| Q1 2026 | 84 | $191.4M | 15.26% | 0.22% | 1.01% | 62.1% |
| Q4 2025 | 81 | $181.3M | 15.16% | 0.10% | 0.66% | 72.4% |
| Q3 2025 | 82 | $185.4M | 15.16% | 0.12% | 0.77% | 70.1% |
| Q2 2025 | 72 | $183.3M | 15.15% | 1.17% | 0.81% | 71.6% |
| Q1 2025 | 78 | $178.7M | 15.60% | 0.53% | 0.87% | 74.6% |
| Q4 2024 | 79 | $181.1M | 14.78% | 0.24% | 0.72% | 72.3% |
| Q3 2024 | 79 | $188.6M | 14.81% | 0.35% | 0.86% | 69.0% |
| Q2 2024 | 81 | $182.7M | 14.63% | 0.12% | 0.83% | 70.4% |
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).
Similar-size banks in Ohio
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Cincinnatus Savings & Loan Co.Bank Cincinnati, OH | 84 out of 100, Strong | $193.1M | 15.3% | 0.26% | vs |
| The Peoples Savings BankBank Urbana, OH | 57 out of 100, Moderate | $189.3M | 9.0% | 0.87% | vs |
| Farmers State BankBank West Salem, OH | 72 out of 100, Strong | $187.5M | 9.3% | 0.00% | vs |
| Valley Central BankBank Liberty Township, OH | 62 out of 100, Moderate | $186.7M | 20.1% | 2.17% | vs |
| The First National Bank of WaverlyBank Waverly, OH | 41 out of 100, Below average | $196.2M | 9.2% | 3.61% | vs |
| Citizens Federal Savings and Loan AssociationBank Bellefontaine, OH | 70 out of 100, Strong | $186.1M | 10.9% | 0.03% | vs |
Deposit insurance
Is my money safe at Independence Bank?
Yes. Independence Bank is an FDIC-insured institution (FDIC certificate #22925). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 50.5% of deposits ($81.6M) 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 14.46%, 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%).
1 location
Branches
Independence Bank lists 1 office in 1 city. Most locations:
- Independence, OH (1)
Identity & history
Profile
- Legal name
- Independence Bank
- Type
- State-chartered bank
- FDIC certificate #
- 22925
- RSSD ID
- 956527
- Primary regulator
- FDIC
- Holding company
- Independence Banccorp
- Established
- August 15, 1979
- Headquarters
- 4401 Rockside Rd, Independence, OH 44131
- Employees
- 18
Quick answers
Independence Bank: common questions
Is Independence Bank FDIC insured?
Yes. Independence Bank is an FDIC-insured institution (FDIC certificate #22925). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Independence Bank's TellerScore?
81 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 Independence Bank ever failed?
There is no failure record for FDIC certificate #22925 in the FDIC failed bank list.
How many branches does Independence Bank have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Independence
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Credit First National AssociationBank Brook Park, OH | 94 out of 100, Very strong | $39.8M | 98.3% | 0.00% | vs |
| Wiremen'S Credit UnionCredit union Parma, OH | 92 out of 100, Very strong | $40.6M | 17.0% | 0.11% | vs |
| Lormet Community Federal Credit UnionCredit union Amherst, OH | 91 out of 100, Very strong | $283.3M | 13.7% | 0.15% | vs |
| Solon/Chagrin Falls Federal Credit UnionCredit union Solon, OH | 90 out of 100, Very strong | $9.6M | 19.8% | 0.04% | vs |
| Cleveland Selfreliance Federal Credit UnionCredit union Parma, OH | 88 out of 100, Very strong | $113.7M | 17.3% | 0.01% | vs |
| Acme Federal Credit UnionCredit union Eastlake, OH | 88 out of 100, Very strong | $15.2M | 18.9% | 0.18% | vs |