BlastPoint's Banking Scorecard
Independence Bank
Independence, OH
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 96 in OH.
- Deposits +4.8% year over year ($161.6M on the books).
- Delinquency rate 0.27%.
- Return on assets 0.87%.
- Efficiency ratio 62.68% vs a 64.48% peer average.
- Loan-to-deposit ratio 62.10% vs a 77.95% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Independence Bank has 2 strengths but faces 4 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Efficiency Ratio 1.80% below tier average
- + Delinquency Rate 0.65% below tier average
Key Concerns
Areas that may need attention
- - NIB Deposit Bleed: Bottom 34.0% in tier
- - Non-Interest Income / Assets 0.54% below tier average
- - ROA 0.45% below tier average
- - Net Interest Margin 0.76% below tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$191.2M
+4.3% YoY
-0.1% QoQ
|
-$195.3M |
$386.6M
+1.2% YoY
|
$36.7B
+9.4% YoY
|
$6.3B
+7.7% YoY
|
24% |
| Total Loans ? |
$100.4M
-9.1% YoY
-0.3% QoQ
|
-$158.0M |
$258.3M
+1.7% YoY
|
$16.2B
+12.1% YoY
|
$3.2B
+9.4% YoY
|
19% |
| Total Deposits ? |
$161.6M
+4.8% YoY
-0.2% QoQ
|
-$165.1M |
$326.7M
+0.7% YoY
|
$26.4B
+7.6% YoY
|
$4.9B
+7.3% YoY
|
24% |
| Return on Assets ? |
0.87%
+6.9% YoY
-13.9% QoQ
|
-0.45% |
1.32%
+10.8% YoY
|
1.21%
+9.4% YoY
|
1.30%
+12.1% YoY
|
27% |
| Net Interest Margin ? |
3.22%
+4.4% YoY
-0.9% QoQ
|
-0.76% |
3.99%
+5.0% YoY
|
3.65%
+6.4% YoY
|
3.95%
+4.9% YoY
|
17% |
| Efficiency Ratio ? |
62.68%
-0.9% YoY
+8.6% QoQ
|
-1.80% |
64.48%
-3.2% YoY
|
70.70%
-3.8% YoY
|
70.05%
+2.5% YoY
|
49% |
| Delinquency Rate ? |
0.27%
-77.7% YoY
+20.3% QoQ
|
-0.65% |
0.92%
+15.7% YoY
|
0.68%
+23.3% YoY
|
0.98%
+16.3% YoY
|
60% |
| Loan-to-Deposit Ratio ? |
62.10%
-13.2% YoY
-0.0% QoQ
|
-15.85% |
77.95%
+1.0% YoY
|
79.88%
+0.7% YoY
|
79.03%
+2.3% YoY
|
80% |
| Non-Interest-Bearing Deposit Share ? |
17.89%
-17.8% YoY
-10.0% QoQ
|
-4.14% |
22.03%
-0.6% YoY
|
18.59%
+0.9% YoY
|
21.98%
-0.6% YoY
|
36% |
| Nonperforming Asset Ratio ? |
0.14%
-80.6% YoY
+20.1% QoQ
|
-0.53% |
0.67%
+16.4% YoY
|
0.46%
+23.9% YoY
|
0.69%
+15.8% YoY
|
66% |
| Tier 1 Capital Ratio ? |
14.46%
-4.5% YoY
-5.2% QoQ
|
-1.45% |
15.91%
+1.4% YoY
|
18.68%
-0.2% YoY
|
17.09%
+0.8% YoY
|
61% |
| Non-Interest Income / Assets ? |
0.03%
+8.7% YoY
-19.0% QoQ
|
-0.54% |
0.57%
+7.6% YoY
|
1.22%
+2.7% YoY
|
0.66%
+5.2% YoY
|
Bottom 2.3% in tier |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
17.9%
-3.9pp YoY -2.0pp QoQ |
-4.3pp | 22.1% | 18.8% | 22.2% | 35% |
| Brokered Deposits | n/a | n/a | 7.9% | 7.7% | 8.5% | n/a |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
29.2%
-1.7pp YoY +0.6pp QoQ |
+17.6pp | 11.6% | 10.2% | 12.5% | 96% |
| CRE | 56.0% | +16.5pp | 39.5% | 34.2% | 41.4% | 80% |
| 1-4 Family |
17.5%
+3.6pp YoY +2.7pp QoQ |
-15.1pp | 32.6% | 50.0% | 31.3% | 24% |
| Consumer |
0.2%
+0.1pp YoY +0.1pp QoQ |
-3.9pp | 4.1% | 4.7% | 5.0% | 9% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio | n/a | n/a | 18.8% | 22.1% | 19.7% | n/a |
| Leverage Ratio |
14.5%
-0.7pp YoY -0.8pp QoQ |
+2.3pp | 12.2% | 12.9% | 12.6% | 84% |
| Total Capital Ratio | n/a | n/a | 19.9% | 23.2% | 20.8% | n/a |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
18
-1 (-5.3%) YoY 0 QoQ |
-41 | 58 | 2,433 | 482 | 8% |
| Assets per Employee ($) |
$10.6M
+10.1% YoY -0.1% QoQ |
+$3.1M | $7.5M | $7.6M | $8.8M | 89% |
| Branch Count |
1
0 YoY 0 QoQ |
-4 | 4 | 81 | 18 | 0% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days | n/a | n/a | 0.3% | 0.2% | 0.4% | n/a |
| Nonaccrual |
0.3%
-0.5pp YoY 0.0pp QoQ |
-0.7pp | 0.9% | 0.6% | 1.0% | 36% |
| Allowance Coverage |
13.56x
+360.4% YoY -22.3% QoQ |
-10.59x | 24.15x | 18.95x | 20.23x | 85% |
| Net Charge-off Rate (YTD) |
0.5%
+0.5pp YoY |
+0.3pp | 0.1% | 0.1% | 0.2% | 94% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (OH) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
6.0%
+0.5pp YoY -0.9pp QoQ |
-6.2pp | 12.2% | 9.7% | 11.6% | 17% |
| Cost of Funds (YTD) |
2.3%
-0.3pp YoY 0.0pp QoQ |
+0.5pp | 1.7% | 1.7% | 1.7% | 83% |
| Net Income ($, YTD) |
$816,000
+11.0% YoY — QoQ |
-$1.7M | $2.6M | $259.3M | $40.4M | 20% |
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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 (0)
Concerns (1)
NIB Deposit Bleed
declineNon-interest-bearing deposit share dropped 2+ pp YoY and now below the tier median. Cheap funding leaving for higher-yield competitors.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.