Total Assets
$3.8B
Total balance-sheet footings
FDIC Cert #8136 · Owensboro, Kentucky · Est. 1909
Independence Bank of Kentucky - FDIC Bank Health Profile
A community-scale look at Independence Bank of Kentucky's own numbers, pulled straight from its quarterly FDIC Call Report.
- $3.8B
- Total assets
- B
- Health grade · Good
- 0.80%
- Return on assets
- 13.0%
- Tier 1 capital
Data updated July 2026
The verdict
Independence Bank of Kentucky earns a PlainBankData health grade of B (77/100), with well-capitalized at 13.03% Tier 1, 0.80% ROA, 69% efficiency ratio.
- #351
- largest of 4,313 FDIC banks by assets
- 92nd
- percentile by asset size, nationally
- 13.03%
- Tier 1 ratio - above the 10% well-capitalized line
- 29th
- 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 of Kentucky's 77/100 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 of Kentucky's composite health score
Tier 1 Capital Ratio (13.03%) 35/40
Return on Assets (ROA) (0.80%) 14/25
Texas Ratio (1.17%) 20/20
Efficiency Ratio (68.97%) 8/15
77 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$3.2B
Customer-funded liabilities
Net Loans
$2.1B
Outstanding loan book
Net Income
$30M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Independence Bank of Kentucky ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Independence Bank of Kentucky's score of 77/100 falls in the highlighted band.
Independence Bank of Kentucky'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 of Kentucky's $3.8B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
13.03% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
13.03%
Texas Ratio
1.17%
Equity Capital
$303M
Profitability metrics
Return on Assets (ROA)
29th percentile nationally
0.80%
Return on Equity (ROE)
10.45%
Efficiency Ratio
68.97%
What the numbers say about Independence Bank of Kentucky
Independence Bank of Kentucky is an FDIC-insured institution (Certificate #8136) headquartered in Owensboro, Kentucky, established in 1909. It holds $3.8B in total assets - 351st of 4,313 FDIC-insured banks, $3.2B in customer deposits, and $2.1B in net loans. Its capital position: a Tier 1 ratio of 13.03%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 1.17% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of B (77 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, Independence Bank of Kentucky sits in the top decile of all FDIC-insured institutions by asset size (351st of 4,313), and within Kentucky it ranks 5th of 120 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is Traditional Bank, Inc., at $2.5B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$172M
Interest Income
$23M
Non-Interest Income
$75M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Independence Bank of Kentucky reports a Texas Ratio of 1.17% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.17% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Kentucky by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Independence Bank of Kentucky (FDIC Cert #8136) - 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 Kentucky
All Kentucky banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Stock Yards Bank & Trust CompanyLouisville | $9.5B | A | 1.57% |
| Republic Bank & Trust CompanyLouisville | $7.0B | A | 1.89% |
| Community Trust Bank, Inc.Pikeville | $6.6B | A | 1.50% |
| Central Bank & Trust Co.Lexington | $3.9B | B | 1.16% |
| Traditional Bank, Inc.Mount Sterling | $2.5B | B | 0.80% |
| Heritage Bank, Inc.Burlington | $2.1B | B | 1.08% |
| South Central Bank, Inc.Glasgow | $2.1B | A | 1.25% |
| Planters Bank, Inc.Hopkinsville | $1.9B | A | 1.17% |
Frequently asked questions
What is Independence Bank of Kentucky's health grade?▼
Independence Bank of Kentucky receives a health grade of B (77/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is Independence Bank of Kentucky?▼
Independence Bank of Kentucky holds $3.8B in total assets and $3.2B in deposits, ranking 351st of 4,313 FDIC-insured banks by asset size. It is headquartered in Owensboro, Kentucky.
Is my money safe at Independence Bank of Kentucky?▼
Yes, deposits at Independence Bank of Kentucky (Certificate #8136) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Independence Bank of Kentucky's Tier 1 Capital Ratio?▼
Independence Bank of Kentucky has a Tier 1 Capital Ratio of 13.03%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Independence Bank of Kentucky?▼
Independence Bank of Kentucky has a Texas Ratio of 1.17%. 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 of Kentucky?▼
Independence Bank of Kentucky has an Efficiency Ratio of 68.97%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Independence Bank of Kentucky's profile as a depositor or analyst.
- Independence Bank of Kentucky's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Independence Bank of Kentucky against other Kentucky banks before moving funds. Kentucky 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.