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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.34% | 1.13% | 0.94% | 1.27% | 1.43% | 1.24% | 1.26% | 1.29% | +2 bps | |
| Return on Equity | 12.29% | 10.44% | 8.62% | 11.78% | 13.52% | 11.42% | 11.36% | 11.85% | +7 bps | |
| Net Interest Margin | 3.80% | 3.82% | 3.80% | 3.75% | 3.61% | 3.67% | 3.78% | 3.81% | +5 bps | |
| Efficiency Ratio | 62.48% | 63.40% | 67.48% | 62.26% | 54.21% | 61.19% | 61.73% | 59.77% | -250 bps | |
| Non-Interest Burden | 1.81% | 1.93% | 2.10% | 1.77% | 1.02% | 1.61% | 1.72% | 1.61% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.12% | 11.89% | 8.33% | 14.26% | 12.05% | 7.22% | 7.21% | 3.28% | -1,099 bps | |
| Loan Growth (YoY) | 3.36% | 3.53% | 1.60% | 4.26% | 5.61% | 5.96% | 6.43% | 3.61% | -65 bps | |
| Deposit Growth (YoY) | 11.42% | 6.18% | 12.46% | 22.10% | 10.77% | 11.06% | 7.90% | 4.60% | -1,750 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.28% | 0.20% | 0.31% | 0.36% | 0.27% | 0.25% | 0.28% | 0.85% | +49 bps | |
| Net Charge-Offs / Loans | 0.45% | 0.47% | 0.44% | 0.29% | 0.95% | 0.61% | 0.36% | 0.36% | +7 bps | |
| Allowance / Loans | 1.17% | 1.17% | 1.17% | 1.13% | 1.08% | 1.06% | 1.07% | 1.10% | -2 bps | |
| Allowance Coverage of NPLs | 4.2x | 6.0x | 3.7x | 3.1x | 4.0x | 4.2x | 3.9x | 1.3x | -1.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.49% | 10.42% | 10.70% | 10.62% | 10.09% | 10.44% | 10.49% | 10.60% | -2 bps | |
| Total Risk-Based Capital | 11.68% | 11.41% | 11.87% | 10.65% | 11.06% | 11.27% | 11.48% | 11.05% | +40 bps | |
| Equity / Assets | 11.11% | 10.57% | 11.18% | 10.40% | 10.82% | 10.98% | 11.27% | 10.52% | +13 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.43% | 93.21% | 93.47% | 83.14% | 90.04% | 88.93% | 92.19% | 82.36% | -78 bps | |
| Liquid Assets / Assets | 3.73% | 7.35% | 6.32% | 2.93% | 3.21% | 3.66% | 3.41% | 5.98% | +306 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 171.01% | 154.04% | 160.58% | n/a | n/a | |