BlastPoint's Banking Scorecard

Independent Bank

$1B-$10B Specialty: Other TN FDIC cert 34728

Designations: ✓ Community bank

Memphis, TN

12 branches across TN · FL · TX

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 885 banks in the $1B-$10B peer group nationwide — 1 of 28 in TN.
Deposits +4.6% year over year ($1.6B on the books).
Delinquency rate 0.86%.
Return on assets 1.26%.
Efficiency ratio 60.73% vs a 59.73% peer average.
Loan-to-deposit ratio 81.45% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 28 in TN

View $1B-$10B leaderboard (TN) →

Independent 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

+ Revenue Diversifier: Top 41.9% in tier
+ Net Interest Margin 0.75% above tier average

Key Concerns

Areas that may need attention

- Capital Thin: Bottom 16.2% in tier
- Credit Risk Growth: Bottom 42.0% in tier
- ROA 0.13% below tier average
- Efficiency Ratio 1.00% above tier average

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Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (TN)	National Avg	Tier Percentile
Total Assets ?	$1.9B +3.3% YoY +10.4% QoQ	-$939.5M	$2.8B -0.6% YoY	$2.9B +37.8% YoY	$6.3B +7.7% YoY	46%
Total Loans ?	$1.3B +3.6% YoY +1.4% QoQ	-$645.0M	$2.0B -0.3% YoY	$2.1B +37.6% YoY	$3.2B +9.4% YoY	48%
Total Deposits ?	$1.6B +4.6% YoY +13.5% QoQ	-$700.4M	$2.3B -0.5% YoY	$2.4B +35.4% YoY	$4.9B +7.3% YoY	49%
Return on Assets ?	1.26% +15.7% YoY -0.2% QoQ	-0.13%	1.39% +17.0% YoY	1.13% +12.0% YoY	1.30% +12.1% YoY	50%
Net Interest Margin ?	4.62% +4.4% YoY -0.2% QoQ	+0.75%	3.87% +6.2% YoY	3.99% +5.6% YoY	3.95% +4.9% YoY	Top 10.4% in tier
Efficiency Ratio ?	60.73% -6.2% YoY -1.6% QoQ	+1.00%	59.73% -12.6% YoY	65.40% -4.8% YoY	70.05% +2.5% YoY	45%
Delinquency Rate ?	0.86% +138.3% YoY +208.8% QoQ	+0.00%	0.87% +11.7% YoY	0.70% +6.5% YoY	0.98% +16.3% YoY	32%
Loan-to-Deposit Ratio ?	81.45% -0.9% YoY -10.7% QoQ	-3.59%	85.04% -0.1% YoY	81.19% +2.5% YoY	79.03% +2.3% YoY	65%
Non-Interest-Bearing Deposit Share ?	11.30% -7.3% YoY -18.2% QoQ	-9.97%	21.27% -1.5% YoY	18.80% -1.8% YoY	21.98% -0.6% YoY	Bottom 13.9% in tier
Nonperforming Asset Ratio ?	1.15% +56.2% YoY +41.3% QoQ	+0.47%	0.67% +11.7% YoY	0.58% +9.8% YoY	0.69% +15.8% YoY	18%
Tier 1 Capital Ratio ?	10.22% +4.1% YoY -3.8% QoQ	-4.62%	14.84% -0.4% YoY	14.06% -1.8% YoY	17.09% +0.8% YoY	Bottom 7.9% in tier
Non-Interest Income / Assets ?	0.72% +17.7% YoY +87.4% QoQ	+0.20%	0.53% +2.5% YoY	0.34% -6.5% YoY	0.66% +5.2% YoY	Top 10.5% in tier

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 (TN)	National Avg	Tier Percentile
Noninterest-Bearing	11.3% -0.9pp YoY -2.5pp QoQ	-10.1pp	21.4%	18.8%	22.2%	13%
Brokered Deposits	30.4% -1.3pp YoY +9.0pp QoQ	+20.9pp	9.5%	9.4%	8.5%	95%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (TN)	National Avg	Tier Percentile
C&I	11.5% +3.6pp YoY +1.6pp QoQ	-2.5pp	14.0%	10.9%	12.5%	52%
CRE	20.5% -2.3pp YoY -1.1pp QoQ	-29.6pp	50.0%	42.4%	41.4%	4%
1-4 Family	9.5% +1.2pp YoY +0.1pp QoQ	-16.9pp	26.4%	39.8%	31.3%	15%
Consumer	44.6% -4.2pp YoY -0.9pp QoQ	+39.9pp	4.7%	4.5%	5.0%	98%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (TN)	National Avg	Tier Percentile
CET1 Ratio	10.2% +0.4pp YoY -0.4pp QoQ	-5.4pp	15.6%	14.8%	19.7%	2%
Leverage Ratio	10.6% 0.0pp YoY +0.1pp QoQ	-0.7pp	11.3%	11.4%	12.6%	52%
Total Capital Ratio	11.1% +0.4pp YoY -0.4pp QoQ	-5.6pp	16.7%	15.9%	20.8%	1%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (TN)	National Avg	Tier Percentile
Full-Time Employees	240 +3 (+1.3%) YoY +1 (+0.4%) QoQ	-74	313	270	482	52%
Assets per Employee ($)	$7.7M +2.0% YoY +10.0% QoQ	-$2.8M	$10.5M	$7.1M	$8.8M	36%
Branch Count	12 0 YoY 0 QoQ	-8	20	17	18	39%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (TN)	National Avg	Tier Percentile
Past Due 90+ Days	0.1% -0.2pp YoY -0.1pp QoQ	0.0pp	0.2%	0.2%	0.4%	83%
Nonaccrual	1.2% +0.6pp YoY +0.7pp QoQ	+0.4pp	0.8%	0.7%	1.0%	78%
Allowance Coverage	1.29x -58.9% YoY -66.6% QoQ	-17.42x	18.71x	28.97x	20.23x	33%
Net Charge-off Rate (YTD)	0.4% 0.0pp YoY 0.0pp QoQ	+0.1pp	0.3%	0.1%	0.2%	88%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (TN)	National Avg	Tier Percentile
ROE	11.6% +1.4pp YoY +0.2pp QoQ	-1.0pp	12.6%	10.9%	11.6%	46%
Cost of Funds (YTD)	3.1% -0.1pp YoY 0.0pp QoQ	+1.2pp	1.9%	2.0%	1.7%	96%
Net Income ($, YTD)	$11.1M +22.4% YoY — QoQ	-$8.1M	$19.2M	$16.7M	$40.4M	44%

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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 (1)

Revenue Diversifier

growth

#94 of 222 • Top 41.9% 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: 0.72%

(Tier: 0.53%, National: 0.66%)

better than tier avg

Return on Assets: 1.26%

(Tier: 1.39%, National: 1.30%)

but worse than tier avg

222 of 222 Mid-Market banks match · 923 nationally

→ Stable | QoQ rank declining

Concerns (2)

Capital Thin

risk

#37 of 222 • Bottom 16.2% in tier

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature

Tier 1 Capital Ratio: 10.22%

(Tier: 14.84%, National: 17.09%)

worse than tier avg

222 of 222 Mid-Market banks match · 923 nationally

→ Stable | QoQ rank improving

Credit Risk Growth

risk

#170 of 402 • Bottom 42.0% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

402 of 402 Mid-Market banks match · 1401 nationally

→ Stable -58 banks QoQ

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 885 peers in $1B-$10B

Top Strengths (2 metrics)

Net Interest Margin

profitability

Value: 4.62%

Peer Median: 3.87%

#93 of 885 Top 10.4% in $1B-$10B

Non-Interest Income / Assets

revenue_mix

Value: 0.72%

Peer Median: 0.53%

#94 of 885 Top 10.5% in $1B-$10B

Top Weaknesses (3 metrics)

816

Tier 1 Capital Ratio

capital

Value: 10.22%

Peer Median: 14.84%

#816 of 885 Bottom 7.9% in $1B-$10B

763

Non-Interest-Bearing Deposit Share

funding

Value: 11.30%

Peer Median: 21.27%

#763 of 885 Bottom 13.9% in $1B-$10B

729

Nonperforming Asset Ratio

credit_quality

Value: 1.15%

Peer Median: 0.67%

#729 of 885 Bottom 17.7% in $1B-$10B