BlastPoint's Banking Scorecard

Independence Bank of Kentucky

$1B-$10B Specialty: Commercial KY FDIC cert 8136

Designations: ✓ Community bank

Owensboro, KY

26 branches across KY

884 banks in the $1B-$10B peer group nationally 17 in KY

Independence Bank of Kentucky has 1 strength but faces 6 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

+ Credit Quality Leader: Top 6.8% in tier

Key Concerns

Areas that may need attention

- Capital Thin: Bottom 3.2% in tier
- Credit Quality Pressure: Bottom 16.6% in tier
- Flatlined Growth: Bottom 36.0% in tier
- Net Interest Margin 1.25% below tier average
- ROA 0.26% below tier average
- Efficiency Ratio 3.34% above tier average

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Core Metrics

As of 2026-Q1

Metric	Current	vs Tier	Tier Avg	State Avg (KY)	National Avg	Tier Percentile
Total Assets ?	$3.8B -0.2% YoY +0.1% QoQ	+$978.4M	$2.8B -0.1% YoY	$702.0M +4.4% YoY	$6.2B +9.1% YoY	79%
Total Loans ?	$2.0B -1.3% YoY -2.2% QoQ	+$80.4M	$2.0B +0.6% YoY	$492.7M +5.5% YoY	$3.2B +10.8% YoY	69%
Total Deposits ?	$3.1B -4.2% YoY -2.1% QoQ	+$768.7M	$2.3B -0.3% YoY	$590.5M +4.1% YoY	$4.8B +8.2% YoY	78%
Return on Assets ?	1.11% +68.1% YoY +38.3% QoQ	-0.26%	1.37% +19.6% YoY	1.25% +16.2% YoY	1.23% +13.4% YoY	40%
Net Interest Margin ?	2.57% +18.9% YoY +9.3% QoQ	-1.25%	3.82% +6.9% YoY	3.88% +7.4% YoY	3.89% +5.7% YoY	Bottom 6.7% in tier
Efficiency Ratio ?	64.40% -13.7% YoY -6.6% QoQ	+3.34%	61.06% -4.6% YoY	64.22% -6.1% YoY	66.95% -4.1% YoY	36%
Delinquency Rate ?	0.21% +71.0% YoY +16.0% QoQ	-0.68%	0.89% +14.1% YoY	0.89% +17.0% YoY	0.95% +18.8% YoY	78%
Loan-to-Deposit Ratio ?	65.72% +3.1% YoY -0.0% QoQ	-18.49%	84.20% +0.3% YoY	80.71% +1.5% YoY	76.70% +0.9% YoY	Top 13.0% in tier
Non-Interest-Bearing Deposit Share ?	16.29% +14.3% YoY +0.4% QoQ	-5.00%	21.29% -2.5% YoY	23.47% -1.8% YoY	22.01% -1.2% YoY	33%
Nonperforming Asset Ratio ?	0.11% +23.0% YoY +11.1% QoQ	-0.56%	0.67% +15.6% YoY	0.61% +22.3% YoY	0.67% +19.3% YoY	84%
Tier 1 Capital Ratio ?	9.21% -26.3% YoY -29.3% QoQ	-5.95%	15.16% +2.0% YoY	14.97% -0.1% YoY	17.06% +0.8% YoY	Bottom 1.1% in tier
Non-Interest Income / Assets ?	0.16% +14.0% YoY -73.8% QoQ	-0.10%	0.26% +1.6% YoY	0.16% +4.4% YoY	0.32% +4.1% YoY	57%

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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 (1)

Credit Quality Leader

growth

#16 of 220 • Top 6.8% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature

Delinquency Rate: 0.21%

(Tier: 0.89%, National: 0.95%)

better than tier avg

220 of 220 Mid-Market banks match · 922 nationally

→ Stable +2 banks QoQ | QoQ rank improving

Concerns (3)

Capital Thin

risk

#8 of 221 • Bottom 3.2% 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: 9.21%

(Tier: 15.16%, National: 17.06%)

worse than tier avg

221 of 221 Mid-Market banks match · 926 nationally

→ Stable +3 banks QoQ

Credit Quality Pressure

risk

#86 of 513 • Bottom 16.6% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature

Delinquency Rate: 0.21%

(Tier: 0.89%, National: 0.95%)

better than tier avg

513 of 513 Mid-Market banks match · 1899 nationally

→ Stable +2 banks QoQ | QoQ rank declining

Flatlined Growth

risk

#55 of 150 • Bottom 36.0% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature

Return on Assets: 1.11%

(Tier: 1.37%, National: 1.23%)

worse than tier avg

150 of 150 Mid-Market banks match · 687 nationally

→ Stable +32 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).

Compare against:

Comparing against 884 peers in $1B-$10B

Top Strengths (5 metrics)

116

Loan-to-Deposit Ratio

liquidity

Value: 65.72%

Peer Median: 84.20%

#116 of 884 Top 13.0% in $1B-$10B

146

Nonperforming Asset Ratio

credit_quality

Value: 0.11%

Peer Median: 0.67%

#146 of 884 Top 16.4% in $1B-$10B

191

Total Assets

size

Value: $3.79B

Peer Median: $2.82B

#191 of 884 Top 21.5% in $1B-$10B

195

Total Deposits

size

Value: $3.11B

Peer Median: $2.34B

#195 of 884 Top 21.9% in $1B-$10B

197

Delinquency Rate

credit_quality

Value: 0.21%

Peer Median: 0.89%

#197 of 880 Top 22.3% in $1B-$10B

Top Weaknesses (2 metrics)

875

Tier 1 Capital Ratio

capital

Value: 9.21%

Peer Median: 15.16%

#875 of 884 Bottom 1.1% in $1B-$10B

826

Net Interest Margin

profitability

Value: 2.57%

Peer Median: 3.82%

#826 of 884 Bottom 6.7% in $1B-$10B