Independent Bank
Memphis, TN · Owner: Independent Holdings Inc
$1.9B
total assets, June 30, 2026
$1.9B
total assets, June 30, 2026
Independent Bank is a state nonmember bank based in Memphis, TN, owned by Independent Holdings Inc. As of June 30, 2026 it held $1.9 billion in assets and $1.6 billion in deposits; assets were up 3.3% from a year before. It has 9 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$1.9B
+3.3% in a year · +10.4% in a quarter
Deposits
$1.6B
+4.6% in a year · +13.5% in a quarter
Loans
$1.3B
+3.6% in a year · +1.4% in a quarter
Profit so far
$11.1M
Jan 1 to Jun 30, 2026 · +22.4% in a year
Capital ratio
10.60%
-0.02 pts in a year
Return on assets
1.26%
+0.17 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5050 Poplar Avenue, Memphis, TN, 38157
- County
- Shelby
- Holding company
- Independent Holdings Inc
- Established
- Apr 20, 1998
- Employees
- 240
- Branches
- 9
- Website
- www.i-bankonline.com
- Id
- b34728
Quarter by quarter
June 30, 1998 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
9 offices as of June 30, 2026, holding $1.6 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Tennessee | 9 | $1.6B | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Independent Bank (main office) | Memphis, TN | $1.1B |
| Independent Bank Collierville Branch | Collierville, TN | $101M |
| Germantown Branch | Germantown, TN | $97.0M |
| Laurelwood Branch | Memphis, TN | $72.0M |
| Poplar Ridgeway Branch | Memphis, TN | $67.4M |
| Union Avenue Branch | Memphis, TN | $55.5M |
| PoplarHolmes Branch | Memphis, TN | $36.1M |
| Kroger-Bartlett Branch | Bartlett, TN | $33.7M |
| Downtown Commerce Square Branch | Memphis, TN | $18.6M |
Related pages
Questions and answers
How big is Independent Bank?
$1.9 billion in total assets and $1.6 billion in deposits as of June 30, 2026, with assets up 3.3% from a year before. Its loans were $1.3 billion.
How many branches does Independent Bank have?
9 branches in Tennessee as of June 30, 2026.
Is Independent Bank profitable?
Yes: it earned $11.1 million from January 1 to June 30, 2026 (up 22.4% from the same months a year before). Its return on assets was 1.26% a year; about 1% is typical.
Who owns Independent Bank?
Independent Bank is owned by Independent Holdings Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.