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INDEPENDENT BANK

MEMPHIS, TN · Supervised by FDIC

Est. 1998FDIC #34,728RSSD: FDIC-34728
Satisfactory

Current rating · Exam: May 2023

Institution Profile

FDIC BankFind

Address

5050 Poplar Avenue, MEMPHIS, TN

County

Shelby County

Established

April 20, 1998

Total Assets

$1.7B(latest call report)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$1.7B

Total Deposits

$1.4B

Net Loans

$1.3B

Net Income

$5M

ROA

1.26%

ROE

11.36%

Risk-Based Capital

11.48%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

May 1, 2023

Exam Type

Intermediate Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

7 previous ratings locked — dating back to 2000

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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