Total Assets
$1.9B
Total Deposits
$1.6B
Branches
12
Established
1998
Independent Bank is a bank headquartered in Memphis, Tennessee, established in 1998. It holds $1.9B in total assets across 12 branch locations. In our editorial opinion, based on public FDIC/NCUA data, Independent Bank earns a TFS Financial Health Grade of B (79.2/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
79.2 / 100
Good financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| Independent BankHQ | 5050 Poplar Avenue | Memphis | TN | 11 |
| Independent Bank | 550 Wells Rd | Orange Park | FL | 24 |
| Independent Bank | 5995 Stage Rd | Bartlett | TN | 11 |
| Independent Bank | 1515 Gunbarrel Rd | Chattanooga | TN | 24 |
| Independent Bank | 2116 W Poplar Ave | Collierville | TN | 11 |
| Independent Bank | 7635 Poplar Ave | Germantown | TN | 11 |
| Independent Bank | 450 Perkins Extd | Memphis | TN | 11 |
| Independent Bank | 40 S Main St | Memphis | TN | 11 |
| Independent Bank | 6263 Poplar Ave | Memphis | TN | 11 |
| Independent Bank | 1711 Union Ave | Memphis | TN | 11 |
| Independent Bank | 3295 Poplar Ave | Memphis | TN | 11 |
| Independent Bank | 3010 Lyndon B Johnson Fwy | Dallas | TX | 24 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
79.2
Tier 1 capital ratio
10.60%
Return on assets
1.26%
Non-performing loans
0.85%
Efficiency ratio
60.73%
Asset growth (YoY)
3.28%
Suggested direct comparisons
Memphis, TN
$908.1M
$2.0B
Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.