BlastPoint's Banking Scorecard
First Independence Bank
Community
Specialty: Commercial
MI
FDIC cert 20179
Detroit, MI
1484
banks in Community tier nationally
28 in MI
View Community leaderboard (MI) →
First Independence Bank has 2 strengths but faces 1 concern
Key Strengths
Areas where this bank excels compared to peers
- + Revenue Diversifier: Top 23% in Community
- + Non-Interest-Bearing Deposit Share 13.20% above tier
Key Concerns
Areas that may need attention
- - Efficiency Drag: Bottom 10% in Community
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$696.9M
+8.2% YoY
-0.4% QoQ
|
-$694.5M |
$1.4B
+2.0% YoY
|
$973.2M
+11.1% YoY
|
$5.9B
+6.5% YoY
|
27% |
| Total Loans ? |
$415.5M
+9.9% YoY
+6.7% QoQ
|
-$560.0M |
$975.5M
+2.4% YoY
|
$732.6M
+14.8% YoY
|
$3.1B
+8.5% YoY
|
17% |
| Total Deposits ? |
$532.6M
+8.3% YoY
+0.4% QoQ
|
-$632.0M |
$1.2B
+1.7% YoY
|
$781.1M
+10.4% YoY
|
$4.7B
+6.3% YoY
|
18% |
| Return on Assets ? |
0.85%
-9.6% YoY
-3.1% QoQ
|
-0.31% |
1.16%
+17.2% YoY
|
1.09%
+9.6% YoY
|
1.12%
+15.6% YoY
|
28% |
| Net Interest Margin ? |
3.18%
-7.0% YoY
+0.0% QoQ
|
-0.49% |
3.66%
+9.1% YoY
|
3.97%
+7.8% YoY
|
3.75%
+7.1% YoY
|
24% |
| Efficiency Ratio ? |
81.21%
+0.7% YoY
-0.1% QoQ
|
+18.58% |
62.63%
-5.3% YoY
|
66.94%
-3.1% YoY
|
65.09%
-5.1% YoY
|
Bottom 9% in tier |
| Delinquency Rate ? |
0.25%
-64.2% YoY
-37.8% QoQ
|
-0.38% |
0.63%
+18.3% YoY
|
0.80%
+62.9% YoY
|
0.66%
+20.3% YoY
|
66% |
| Loan-to-Deposit Ratio ? |
78.01%
+1.5% YoY
+6.3% QoQ
|
-5.06% |
83.06%
+0.3% YoY
|
78.71%
+2.4% YoY
|
78.04%
+0.7% YoY
|
34% |
| Non-Interest-Bearing Deposit Share ? |
34.24%
+1.2% YoY
-0.1% QoQ
|
+13.20% |
21.05%
-0.9% YoY
|
25.17%
-2.2% YoY
|
21.79%
-1.3% YoY
|
Top 9% in tier |
| Nonperforming Asset Ratio ? |
0.15%
-63.7% YoY
-33.4% QoQ
|
-0.35% |
0.50%
+20.3% YoY
|
0.57%
+48.1% YoY
|
0.48%
+20.8% YoY
|
71% |
| Tier 1 Capital Ratio ? | 0.00% | -10.24% |
10.24%
-0.6% YoY
|
9.37%
-0.1% YoY
|
9.75%
-1.9% YoY
|
29% |
| Non-Interest Income / Assets ? |
5.88%
+2.8% YoY
+31.6% QoQ
|
+5.14% |
0.74%
-1.3% YoY
|
0.78%
-0.1% YoY
|
0.65%
+0.6% YoY
|
Top 1% in tier |
Signature Analysis
Strengths (2)
Revenue Diversifier
growth
#86 of 371 · Top 23% in Community
Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Why this signature
Noninterest Income / Assets:
5.88%
(Tier: 0.74%, National: 0.65%)
Return on Assets:
0.85%
(Tier: 1.16%, National: 1.12%)
371 of 371 Community banks match
·
441 nationally
→ Stable
+4 banks QoQ
|
QoQ rank improving
Non-Interest-Bearing Deposit Share
metric
Top 9%
in Community
Why this stands out
Current:
34.24%
(Tier avg: 21.05%, National avg: 21.79%)
Concerns (1)
Efficiency Drag
risk
#16 of 152 · Bottom 10% in Community
Efficiency ratio above 80% - operating costs elevated relative to revenue. Margin improvement opportunity.
Why this signature
Efficiency Ratio:
81.21%
(Tier: 62.63%, National: 65.09%)
152 of 152 Community banks match
·
163 nationally
→ Stable
-9 banks QoQ
|
QoQ rank improving
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
99
99th pctile
Non-Interest Income / Assets
Current: 5.88% · Tier avg: 0.74%
91
91th pctile
Non-Interest-Bearing Deposit Share
Current: 34.24% · Tier avg: 21.05%
71
71th pctile
Nonperforming Asset Ratio
Current: 0.15% · Tier avg: 0.50%
66
66th pctile
Delinquency Rate
Current: 0.25% · Tier avg: 0.63%
34
34th pctile
Loan-to-Deposit Ratio
Current: 78.01% · Tier avg: 83.06%
29
29th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
28
28th pctile
Return on Assets
Current: 0.85% · Tier avg: 1.16%
27
27th pctile
Total Assets
Current: $696.9M · Tier avg: $1.4B
24
24th pctile
Net Interest Margin
Current: 3.18% · Tier avg: 3.66%
18
18th pctile
Total Deposits
Current: $532.6M · Tier avg: $1.2B
17
17th pctile
Total Loans
Current: $415.5M · Tier avg: $975.5M
9
9th pctile
Efficiency Ratio
Current: 81.21% · Tier avg: 62.63%
Top Weaknesses
9
9th pctile
Efficiency Ratio
Current: 81.21% · Tier avg: 62.63%
17
17th pctile
Total Loans
Current: $415.5M · Tier avg: $975.5M
18
18th pctile
Total Deposits
Current: $532.6M · Tier avg: $1.2B
24
24th pctile
Net Interest Margin
Current: 3.18% · Tier avg: 3.66%
27
27th pctile
Total Assets
Current: $696.9M · Tier avg: $1.4B
28
28th pctile
Return on Assets
Current: 0.85% · Tier avg: 1.16%
29
29th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
34
34th pctile
Loan-to-Deposit Ratio
Current: 78.01% · Tier avg: 83.06%
66
66th pctile
Delinquency Rate
Current: 0.25% · Tier avg: 0.63%
71
71th pctile
Nonperforming Asset Ratio
Current: 0.15% · Tier avg: 0.50%
91
91th pctile
Non-Interest-Bearing Deposit Share
Current: 34.24% · Tier avg: 21.05%
99
99th pctile
Non-Interest Income / Assets
Current: 5.88% · Tier avg: 0.74%