Independence State Bank
Independence, Wisconsin · FDIC Cert #10741
Independence State Bank is an FDIC-insured bank (Certificate #10741) with $78M in total assets and $64M in total deposits as of the Q2 2024 Call Report. Headquartered in Independence, Wisconsin, the bank maintains a Tier 1 capital ratio of 11.87% (Well-Capitalized) and a nonperforming loan ratio of 0.05%. BankHealthData assigns a composite Health Grade of A (80/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Independence State Bank (FDIC cert 10741) is a community bank — $78M in total assets, $64M in deposits, serving the Independence, Wisconsin area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.87% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.05% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 24.0% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.80% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Independence State Bank carries a composite BankHealth grade of A (80/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Independence State Bank
- Total Assets
- $78M
- Total Deposits
- $64M
- Tier 1 Capital Ratio
- 11.87%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.05%
- Liquidity Ratio
- 24.04%
- Return on Assets
- 0.80%
- Headquarters
- Independence, Wisconsin
- FDIC Certificate
- #10741
- Health Grade
- A (80/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Independence State Bank holds a Tier 1 capital ratio of 11.87%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Independence State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Independence State Bank shows strong financial health indicators. With $78M in assets and a Health Score of 80/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Independence State Bank Compares
Independence State Bank’s Health Score of 80 is 13 points above the Wisconsin state average of 67 across 141 FDIC-insured banks. Its 11.87% Tier 1 capital ratio is 2.1 points below the US banking industry average near 14%. The 0.05% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.80% is below the national ROA benchmark of ~1.1%. Among 894 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Independence State Bank is 10 points above the portfolio average of 70.
Frequently Asked Questions
Independence State Bank has a Bank Health Score of A (80/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 11.87%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Independence State Bank's Tier 1 capital ratio of 11.87% and nonperforming loan ratio of 0.05% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Independence State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #10741). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Independence State Bank holds $78M in total assets and $64M in total deposits. It is headquartered in Independence, Wisconsin (FDIC Certificate #10741).
Independence State Bank has a Tier 1 capital ratio of 11.87%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.05%, and the return on assets is 0.80%.
Yes. Independence State Bank is FDIC-insured (Certificate #10741). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Independence State Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.