BlastPoint's Banking Scorecard

First Independence Bank

$100M-$1B Specialty: Commercial MI FDIC cert 20179

Designations: ✓ CDFI-certified ✓ Minority Depository Institution

Detroit, MI

5 branches across MI · MN · IL

2664 banks in the $100M-$1B peer group nationally 46 in MI

First Independence Bank has 3 strengths but faces 2 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Revenue Diversifier: Top 1.7% in tier
+ Profitability Leader: Top 2.0% in tier
+ Efficiency Ratio 7.06% below tier average

Key Concerns

Areas that may need attention

- Net Interest Margin 0.16% below tier average
- Delinquency Rate 0.16% above tier average

Get updates when First Independence Bank releases new data →

Core Metrics

As of 2026-Q1

Metric	Current	vs Tier	Tier Avg	State Avg (MI)	National Avg	Tier Percentile
Total Assets ?	$875.0M +26.7% YoY +25.6% QoQ	+$488.9M	$386.1M +0.5% YoY	$993.6M +8.4% YoY	$6.2B +9.1% YoY	Top 4.8% in tier
Total Loans ?	$535.5M +46.4% YoY +28.9% QoQ	+$279.8M	$255.7M +1.1% YoY	$752.3M +12.4% YoY	$3.2B +10.8% YoY	Top 8.7% in tier
Total Deposits ?	$684.2M +30.8% YoY +28.5% QoQ	+$356.3M	$328.0M +0.1% YoY	$797.0M +7.4% YoY	$4.8B +8.2% YoY	Top 7.9% in tier
Return on Assets ?	3.67% +410.1% YoY +331.3% QoQ	+2.40%	1.27% +12.9% YoY	1.15% +25.2% YoY	1.23% +13.4% YoY	Top 0.7% in tier
Net Interest Margin ?	3.77% +19.4% YoY +18.6% QoQ	-0.16%	3.93% +6.0% YoY	3.99% +5.8% YoY	3.89% +5.7% YoY	45%
Efficiency Ratio ?	58.23% -29.7% YoY -28.3% QoQ	-7.06%	65.29% -4.5% YoY	66.95% -6.2% YoY	66.95% -4.1% YoY	65%
Delinquency Rate ?	1.05% +69.6% YoY +323.6% QoQ	+0.16%	0.89% +18.8% YoY	0.77% +21.7% YoY	0.95% +18.8% YoY	27%
Loan-to-Deposit Ratio ?	78.26% +11.9% YoY +0.3% QoQ	+1.62%	76.64% +0.8% YoY	78.66% +4.9% YoY	76.70% +0.9% YoY	50%
Non-Interest-Bearing Deposit Share ?	31.19% -13.8% YoY -8.9% QoQ	+9.17%	22.02% -1.0% YoY	24.69% -2.1% YoY	22.01% -1.2% YoY	85%
Nonperforming Asset Ratio ?	0.79% +142.3% YoY +437.3% QoQ	+0.16%	0.64% +19.7% YoY	0.58% +27.6% YoY	0.67% +19.3% YoY	26%
Tier 1 Capital Ratio ?	11.10% +9.3% YoY +6.8% QoQ	-4.73%	15.83% +1.5% YoY	20.91% +0.5% YoY	17.06% +0.8% YoY	24%
Non-Interest Income / Assets ?	2.07% +44.7% YoY -64.9% QoQ	+1.79%	0.28% +9.3% YoY	0.19% +5.8% YoY	0.32% +4.1% YoY	Top 0.8% in tier

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (2)

Revenue Diversifier

growth

#12 of 666 • Top 1.7% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature

Noninterest Income / Assets: 2.07%

(Tier: 0.28%, National: 0.32%)

better than tier avg

Return on Assets: 3.67%

(Tier: 1.27%, National: 1.23%)

better than tier avg

666 of 666 Community banks match · 926 nationally

→ Stable +3 banks QoQ | QoQ rank improving

Profitability Leader

growth

#14 of 666 • Top 2.0% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature

Return on Assets: 3.67%

(Tier: 1.27%, National: 1.23%)

better than tier avg

666 of 666 Community banks match · 926 nationally

→ Stable +3 banks QoQ

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 2664 peers in $100M-$1B

Top Strengths (6 metrics)

Return on Assets

profitability

Value: 3.67%

Peer Median: 1.27%

#19 of 2664 Top 0.7% in $100M-$1B

Non-Interest Income / Assets

revenue_mix

Value: 2.07%

Peer Median: 0.28%

#22 of 2664 Top 0.8% in $100M-$1B

130

Total Assets

size

Value: $875.01M

Peer Median: $386.08M

#130 of 2664 Top 4.8% in $100M-$1B

212

Total Deposits

size

Value: $684.23M

Peer Median: $327.97M

#212 of 2664 Top 7.9% in $100M-$1B

233

Total Loans

size

Value: $535.48M

Peer Median: $255.72M

#233 of 2664 Top 8.7% in $100M-$1B

409

Non-Interest-Bearing Deposit Share

funding

Value: 31.19%

Peer Median: 22.02%

#409 of 2664 Top 15.3% in $100M-$1B

Top Weaknesses (1 metrics)

2022

Tier 1 Capital Ratio

capital

Value: 11.10%

Peer Median: 15.83%

#2022 of 2664 Bottom 24.1% in $100M-$1B