Total Assets
$1.3B
Total balance-sheet footings
FDIC Cert #20989 · Havre, Montana · Est. 1973
Independence Bank - FDIC Bank Health Profile
A community-scale look at Independence Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $1.3B
- Total assets
- A
- Health grade · Excellent
- 1.57%
- Return on assets
- 15.4%
- Tier 1 capital
Data updated July 2026
The verdict
Independence Bank earns a PlainBankData health grade of A (100/100), with well-capitalized at 15.42% Tier 1, profitable at 1.57% ROA, efficient (45% cost ratio).
- #822
- largest of 4,313 FDIC banks by assets
- 81st
- percentile by asset size, nationally
- 15.42%
- Tier 1 ratio - above the 10% well-capitalized line
- 77th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How Independence Bank's 100/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Independence Bank's composite health score
Tier 1 Capital Ratio (15.42%) 40/40
Return on Assets (ROA) (1.57%) 25/25
Texas Ratio (2.26%) 20/20
Efficiency Ratio (44.54%) 15/15
100 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$1.2B
Customer-funded liabilities
Net Loans
$1.0B
Outstanding loan book
Net Income
$21M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Independence Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Independence Bank's score of 100/100 falls in the highlighted band.
Independence Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Independence Bank's $1.3B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
15.42% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
15.42%
Texas Ratio
2.26%
Equity Capital
$161M
Profitability metrics
Return on Assets (ROA)
77th percentile nationally
1.57%
Return on Equity (ROE)
13.80%
Efficiency Ratio
44.54%
What the numbers say about Independence Bank
Independence Bank is an FDIC-insured institution (Certificate #20989) headquartered in Havre, Montana, established in 1973. It holds $1.3B in total assets - 822nd of 4,313 FDIC-insured banks, $1.2B in customer deposits, and $1.0B in net loans. Its capital position: a Tier 1 ratio of 15.42%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 2.26% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of A (100 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Independence Bank sits 6th of 36 banks headquartered in Montana by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$78M
Interest Income
$3M
Non-Interest Income
$25M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Independence Bank reports a Texas Ratio of 2.26% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
2.26% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Montana by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Independence Bank (FDIC Cert #20989) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Montana
All Montana banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Glacier BankKalispell | $32.0B | B | 0.90% |
| First Interstate BankBillings | $26.6B | A | 1.20% |
| Stockman Bank of MontanaMiles City | $7.6B | A | 1.87% |
| Opportunity Bank of MontanaHelena | $2.1B | B | 0.83% |
| The Yellowstone BankLaurel | $1.4B | A | 2.85% |
| TrailWest BankLolo | $1.1B | A | 1.88% |
| Bank of Bridger, National AssociationBridger | $799M | A | 0.72% |
| Farmers State BankVictor | $774M | B | 0.96% |
Frequently asked questions
What is Independence Bank's health grade?▼
Independence Bank receives a health grade of A (100/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Independence Bank?▼
Independence Bank holds $1.3B in total assets and $1.2B in deposits, ranking 822nd of 4,313 FDIC-insured banks by asset size. It is headquartered in Havre, Montana.
Is my money safe at Independence Bank?▼
Yes, deposits at Independence Bank (Certificate #20989) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Independence Bank's Tier 1 Capital Ratio?▼
Independence Bank has a Tier 1 Capital Ratio of 15.42%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Independence Bank?▼
Independence Bank has a Texas Ratio of 2.26%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Independence Bank?▼
Independence Bank has an Efficiency Ratio of 44.54%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Independence Bank's profile as a depositor or analyst.
- Independence Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Independence Bank against other Montana banks before moving funds. Montana banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.