Memphis, TN · Cert 34728 · Independent Holdings Inc.
State charter, non-member · FDIC · 9 branches
Q2 2026
Market Position · Memphis, TN-MS-AR · 2026 SOD (annual) · 3.5% share · #6 of 48 inst. · $1.6B of $46.3B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.09% | 1.22% | 1.23% | 1.26% | 1.26% | +17 bps | |
| Return on Equity | 10.19% | 11.38% | 11.38% | 11.36% | 11.56% | +137 bps | |
| Net Interest Margin | 3.63% | 3.50% | 3.54% | 3.78% | 3.75% | +12 bps | |
| Efficiency Ratio | 64.75% | 60.82% | 60.92% | 61.73% | 60.73% | -403 bps | |
| Non-Interest Burden | 1.85% | 1.51% | 1.54% | 1.72% | 1.64% | -21 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 14.26% | 12.05% | 7.22% | 7.21% | 3.28% | -1,099 bps | |
| Loan Growth (YoY) | 4.26% | 5.61% | 5.96% | 6.43% | 3.61% | -65 bps | |
| Deposit Growth (YoY) | 22.10% | 10.77% | 11.06% | 7.90% | 4.60% | -1,750 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.36% | 0.27% | 0.25% | 0.28% | 0.85% | +49 bps | |
| Net Charge-Offs / Loans | 0.36% | 0.55% | 0.57% | 0.36% | 0.36% | 0 bps | |
| Allowance / Loans | 1.13% | 1.08% | 1.06% | 1.07% | 1.10% | -2 bps | |
| Allowance Coverage of NPLs | 3.1x | 4.0x | 4.2x | 3.9x | 1.3x | -1.9x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.62% | 10.09% | 10.44% | 10.49% | 10.60% | -2 bps | |
| Total Risk-Based Capital | 10.65% | 11.06% | 11.27% | 11.48% | 11.05% | +40 bps | |
| Equity / Assets | 10.40% | 10.82% | 10.98% | 11.27% | 10.52% | +13 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 83.14% | 90.04% | 88.93% | 92.19% | 82.36% | -78 bps | |
| Liquid Assets / Assets | 2.93% | 3.21% | 3.66% | 3.41% | 5.98% | +306 bps | |
| CRE / Total Capital | n/a | 171.01% | 154.04% | 160.58% | n/a | n/a | |