INDEPENDENT BANCSHARES EMPLOYEE STK OWNERSHIP PLAN is the bank holding company. COMMUNITY SPIRIT BANK is the primary bank charter regulated by the FDIC. CRA exams are conducted at the charter level, not the holding company level.
Bank Holding Company
INDEPENDENT BANCSHARES EMPLOYEE STK OWNERSHIP PLAN
1 active bank · $225M combined assets
RSSD ID: 3587294 (FFIEC NIC)
Combined Assets
$225M
CRA Rating Summary
Satisfactory1charter
Across all 8 exams on record for this holding company's charters, 100% resulted in Outstanding or Satisfactory.
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$225M
1 active bank
Financial Summary
FDIC Call ReportsAggregated from the most recent call report filings for all active charters.
Total Deposits
$203M
Net Income
$713K
ROA (avg)
1.28%
asset-weighted avg
Active Bank Charters1
Each charter is examined independently for CRA compliance.
| Charter | Location | Regulator | Assets | Current Rating | Exam Date |
|---|---|---|---|---|---|
| COMMUNITY SPIRIT BANK | RED BAY, AL | FDIC | $225M | Satisfactory | Sep 2021 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.