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BlastPoint's Banking Scorecard

Independence Bank

$100M-$1B Specialty: Commercial OH FDIC cert 22925

Independence, OH

2664 banks in the $100M-$1B peer group nationally 98 in OH
View $100M-$1B leaderboard (OH) →

Independence Bank has 2 strengths but faces 4 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

  • + Efficiency Ratio 7.55% below tier average
  • + Delinquency Rate 0.66% below tier average

Key Concerns

Areas that may need attention

  • - NIB Deposit Bleed: Bottom 73.7% in tier
  • - Non-Interest Income / Assets 0.25% below tier average
  • - ROA 0.26% below tier average
  • - Net Interest Margin 0.68% below tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (OH) National Avg Tier Percentile
Total Assets ? $191.4M
+7.1% YoY +5.6% QoQ
-$194.7M $386.1M
+0.5% YoY
$35.8B
+10.6% YoY
$6.2B
+9.1% YoY
24%
Total Loans ? $100.6M
-9.8% YoY -8.7% QoQ
-$155.1M $255.7M
+1.1% YoY
$15.7B
+12.8% YoY
$3.2B
+10.8% YoY
20%
Total Deposits ? $162.0M
+8.3% YoY +6.4% QoQ
-$166.0M $328.0M
+0.1% YoY
$25.9B
+8.5% YoY
$4.8B
+8.2% YoY
24%
Return on Assets ? 1.01%
+16.1% YoY +52.1% QoQ
-0.26% 1.27%
+12.9% YoY
1.12%
+9.9% YoY
1.23%
+13.4% YoY
38%
Net Interest Margin ? 3.25%
+4.0% YoY +4.3% QoQ
-0.68% 3.93%
+6.0% YoY
3.58%
+7.5% YoY
3.89%
+5.7% YoY
20%
Efficiency Ratio ? 57.73%
-5.0% YoY -15.6% QoQ
-7.55% 65.29%
-4.5% YoY
72.65%
-4.0% YoY
66.95%
-4.1% YoY
67%
Delinquency Rate ? 0.22%
-59.0% YoY +118.0% QoQ
-0.66% 0.89%
+18.8% YoY
0.65%
+14.5% YoY
0.95%
+18.8% YoY
63%
Loan-to-Deposit Ratio ? 62.13%
-16.7% YoY -14.2% QoQ
-14.51% 76.64%
+0.8% YoY
79.14%
+0.8% YoY
76.70%
+0.9% YoY
79%
Non-Interest-Bearing Deposit Share ? 19.89%
-13.5% YoY -1.0% QoQ
-2.13% 22.02%
-1.0% YoY
18.08%
-0.4% YoY
22.01%
-1.2% YoY
45%
Nonperforming Asset Ratio ? 0.12%
-65.4% YoY +88.6% QoQ
-0.52% 0.64%
+19.7% YoY
0.44%
+14.5% YoY
0.67%
+19.3% YoY
68%
Tier 1 Capital Ratio ? 15.26%
-2.2% YoY +0.7% QoQ
-0.57% 15.83%
+1.5% YoY
19.44%
+3.1% YoY
17.06%
+0.8% YoY
68%
Non-Interest Income / Assets ? 0.03%
+167.4% YoY -37.2% QoQ
-0.25% 0.28%
+9.3% YoY
0.57%
-2.4% YoY
0.32%
+4.1% YoY
Bottom 9.6% in tier

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 (0)

No matched strength signatures this quarter

Concerns (1)

NIB Deposit Bleed

decline
#147 of 198 • Bottom 73.7% in tier

Non-interest-bearing deposit share dropped 2+ pp YoY and now below the tier median. Cheap funding leaving for higher-yield competitors.

Why this signature
Noninterest-Bearing Deposit Share: 19.89%
(Tier: 22.02%, National: 22.01%)
worse than tier avg
198 of 198 Community banks match · 238 nationally
↓ Shrinking -31 banks QoQ | QoQ rank declining

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

Top Strengths (1 metrics)

571
Loan-to-Deposit Ratio
liquidity
Value: 62.13%
Peer Median: 76.64%
#571 of 2664 Top 21.4% in $100M-$1B

Top Weaknesses (5 metrics)

2410
Non-Interest Income / Assets
revenue_mix
Value: 0.03%
Peer Median: 0.28%
#2410 of 2664 Bottom 9.6% in $100M-$1B
2138
Net Interest Margin
profitability
Value: 3.25%
Peer Median: 3.93%
#2138 of 2664 Bottom 19.8% in $100M-$1B
2136
Total Loans
size
Value: $100.63M
Peer Median: $255.72M
#2136 of 2664 Bottom 19.9% in $100M-$1B
2019
Total Deposits
size
Value: $161.96M
Peer Median: $327.97M
#2019 of 2664 Bottom 24.2% in $100M-$1B
2015
Total Assets
size
Value: $191.39M
Peer Median: $386.08M
#2015 of 2664 Bottom 24.4% in $100M-$1B
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