Independent National Bank
Ocala, FL · Owner: Independent Bancshares Inc
$156M
total assets, June 30, 2010
$156M
total assets, June 30, 2010
Independent National Bank was a national bank in Ocala, FL, owned by Independent Bancshares Inc. It failed on Aug 20, 2010, and Centerstate Bank Of Florida, National Association took over its deposits. At its last report it held $156.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Aug 20, 2010
- Assets
- $156M
- Deposits
- $142M
- Estimated cost
- $12.0M
- Deposits went to
- Centerstate Bank Of Florida, National Association, Winter Haven, FL
Total assets
$156M
-24.9% in a year · -4.1% in a quarter
Deposits
$142M
-22.1% in a year · -4.4% in a quarter
Loans
$118M
-18.2% in a year · -6.7% in a quarter
Profit so far
-$3.6M
Jan 1 to Jun 30, 2010
Capital ratio
1.91%
-5.28 pts in a year
Return on assets
-4.46%
-3.05 pts in a year
Facts
- Type
- National bank
- Head office
- 60 S.W. 17th Street, Ocala, FL, 34471
- County
- Marion
- Holding company
- Independent Bancshares Inc
- Established
- Oct 3, 1988
- Failed
- Aug 20, 2010
- Employees
- 53
- Branches
- 4
- Id
- b27344
Quarter by quarter
December 31, 1988 to June 30, 2010
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.
Related pages
Questions and answers
How big is Independent National Bank?
$156.2 million in total assets and $141.9 million in deposits as of June 30, 2010, with assets down 24.9% from a year before. Its loans were $117.8 million.
How many branches does Independent National Bank have?
4 branches in Florida as of June 30, 2026.
Is Independent National Bank profitable?
No: it lost $3.62 million from January 1 to June 30, 2010. Its return on assets was -4.46% a year; about 1% is typical.
Who owns Independent National Bank?
Independent National Bank is owned by Independent Bancshares Inc, its holding company.
When did Independent National Bank fail?
Aug 20, 2010. Centerstate Bank Of Florida, National Association of Winter Haven, FL took over its deposits. The estimated cost of the failure was $12.0 million.
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.