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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

884 banks in the $1B-$10B peer group nationally 28 in TN
View $1B-$10B leaderboard (TN) →

Independent Bank has 3 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 35.8% in tier
  • + Net Interest Margin 0.81% above tier average
  • + Delinquency Rate 0.61% below tier average

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 23.7% in tier
  • - Capital Thin: Bottom 47.1% in tier
  • - ROA 0.10% below tier average
  • - Efficiency Ratio 0.67% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (TN) National Avg Tier Percentile
Total Assets ? $1.7B
+7.2% YoY -4.3% QoQ
-$1.1B $2.8B
-0.1% YoY
$2.8B
+35.7% YoY
$6.2B
+9.1% YoY
42%
Total Loans ? $1.3B
+6.5% YoY +0.4% QoQ
-$664.2M $2.0B
+0.6% YoY
$2.0B
+36.6% YoY
$3.2B
+10.8% YoY
47%
Total Deposits ? $1.4B
+7.9% YoY -3.2% QoQ
-$917.2M $2.3B
-0.3% YoY
$2.4B
+35.2% YoY
$4.8B
+8.2% YoY
43%
Return on Assets ? 1.26%
+34.9% YoY +3.0% QoQ
-0.10% 1.37%
+19.6% YoY
1.12%
+20.1% YoY
1.23%
+13.4% YoY
54%
Net Interest Margin ? 4.63%
+8.4% YoY +2.5% QoQ
+0.81% 3.82%
+6.9% YoY
3.93%
+7.0% YoY
3.89%
+5.7% YoY
Top 9.4% in tier
Efficiency Ratio ? 61.73%
-8.5% YoY +1.3% QoQ
+0.67% 61.06%
-4.6% YoY
66.13%
-5.5% YoY
66.95%
-4.1% YoY
43%
Delinquency Rate ? 0.28%
-11.9% YoY +10.6% QoQ
-0.61% 0.89%
+14.1% YoY
0.68%
+13.4% YoY
0.95%
+18.8% YoY
72%
Loan-to-Deposit Ratio ? 91.20%
-1.3% YoY +3.7% QoQ
+7.00% 84.20%
+0.3% YoY
79.84%
+2.1% YoY
76.70%
+0.9% YoY
34%
Non-Interest-Bearing Deposit Share ? 13.82%
-10.2% YoY +3.2% QoQ
-7.47% 21.29%
-2.5% YoY
18.48%
-3.8% YoY
22.01%
-1.2% YoY
23%
Nonperforming Asset Ratio ? 0.81%
+21.1% YoY +14.6% QoQ
+0.14% 0.67%
+15.6% YoY
0.56%
+16.1% YoY
0.67%
+19.3% YoY
26%
Tier 1 Capital Ratio ? 10.62%
-2.5% YoY +1.6% QoQ
-4.54% 15.16%
+2.0% YoY
14.23%
-1.0% YoY
17.06%
+0.8% YoY
Bottom 11.0% in tier
Non-Interest Income / Assets ? 0.39%
+18.4% YoY -74.4% QoQ
+0.13% 0.26%
+1.6% YoY
0.17%
-1.0% YoY
0.32%
+4.1% YoY
Top 8.9% 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 (1)

Revenue Diversifier

growth
#80 of 221 • Top 35.8% 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: 0.39%
(Tier: 0.26%, National: 0.32%)
better than tier avg
Return on Assets: 1.26%
(Tier: 1.37%, National: 1.23%)
but worse than tier avg
221 of 221 Mid-Market banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank improving

Concerns (2)

Liquidity Strain

risk
#80 of 334 • Bottom 23.7% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature
Loan-to-Deposit Ratio: 91.20%
(Tier: 84.20%, National: 76.70%)
worse than tier avg
334 of 334 Mid-Market banks match · 1013 nationally
→ Stable -50 banks QoQ

Capital Thin

risk
#105 of 221 • Bottom 47.1% 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: 10.62%
(Tier: 15.16%, National: 17.06%)
worse than tier avg
221 of 221 Mid-Market banks match · 926 nationally
→ Stable +3 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).
Comparing against 884 peers in $1B-$10B

Top Strengths (2 metrics)

80
Non-Interest Income / Assets
revenue_mix
Value: 0.39%
Peer Median: 0.26%
#80 of 884 Top 8.9% in $1B-$10B
84
Net Interest Margin
profitability
Value: 4.63%
Peer Median: 3.82%
#84 of 884 Top 9.4% in $1B-$10B

Top Weaknesses (2 metrics)

788
Tier 1 Capital Ratio
capital
Value: 10.62%
Peer Median: 15.16%
#788 of 884 Bottom 11.0% in $1B-$10B
679
Non-Interest-Bearing Deposit Share
funding
Value: 13.82%
Peer Median: 21.29%
#679 of 884 Bottom 23.3% in $1B-$10B
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