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BlastPoint's Banking Scorecard

Independence Bank

Community Specialty: Agricultural MT FDIC cert 20989

Havre, MT

1484 banks in Community tier nationally 8 in MT
View Community leaderboard (MT) →

Independence Bank shows strong momentum with 1 strength and 8.5% YoY asset growth

Key Strengths

Areas where this bank excels compared to peers

  • + Efficiency Ratio 18.09% below tier

Key Concerns

Areas that may need attention

No key concerns identified

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MT) National Avg Tier Percentile
Total Assets ? $1.3B
+8.5% YoY +1.2% QoQ
-$46.9M $1.4B
+2.0% YoY
$2.3B
+6.6% YoY
$5.9B
+6.5% YoY
64%
Total Loans ? $1.0B
+12.7% YoY -1.6% QoQ
+$45.6M $975.5M
+2.4% YoY
$1.4B
+6.9% YoY
$3.1B
+8.5% YoY
69%
Total Deposits ? $1.2B
+7.3% YoY +0.8% QoQ
+$1.0M $1.2B
+1.7% YoY
$1.8B
+10.2% YoY
$4.7B
+6.3% YoY
66%
Return on Assets ? 1.57%
+9.6% YoY -1.4% QoQ
+0.41% 1.16%
+17.2% YoY
1.41%
+20.5% YoY
1.12%
+15.6% YoY
77%
Net Interest Margin ? 4.24%
+14.2% YoY +2.1% QoQ
+0.58% 3.66%
+9.1% YoY
4.09%
+7.2% YoY
3.75%
+7.1% YoY
79%
Efficiency Ratio ? 44.54%
-9.1% YoY +1.5% QoQ
-18.09% 62.63%
-5.3% YoY
60.30%
-5.3% YoY
65.09%
-5.1% YoY
Top 8% in tier
Delinquency Rate ? 0.39%
+191.3% YoY +1.4% QoQ
-0.24% 0.63%
+18.3% YoY
0.74%
+59.7% YoY
0.66%
+20.3% YoY
55%
Loan-to-Deposit Ratio ? 87.60%
+5.1% YoY -2.4% QoQ
+4.54% 83.06%
+0.3% YoY
70.96%
-2.3% YoY
78.04%
+0.7% YoY
42%
Non-Interest-Bearing Deposit Share ? 20.13%
-1.9% YoY +4.1% QoQ
-0.91% 21.05%
-0.9% YoY
26.17%
-4.3% YoY
21.79%
-1.3% YoY
51%
Nonperforming Asset Ratio ? 0.31%
+193.1% YoY -1.5% QoQ
-0.19% 0.50%
+20.3% YoY
0.55%
+73.8% YoY
0.48%
+20.8% YoY
54%
Tier 1 Capital Ratio ? 15.42%
-3.1% YoY +5.2% QoQ
+5.18% 10.24%
-0.6% YoY
9.31%
+9.3% YoY
9.75%
-1.9% YoY
79%
Non-Interest Income / Assets ? 0.24%
-1.8% YoY +31.3% QoQ
-0.50% 0.74%
-1.3% YoY
0.39%
-27.3% YoY
0.65%
+0.6% YoY
15%

Signature Analysis

Strengths (1)

Efficiency Ratio

metric
Top 8% in Community
Why this stands out
Current: 44.54%
(Tier avg: 62.63%, National avg: 65.09%)

Concerns (0)

No concerns identified

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%

Comparing against 1484 peers in Community tier

Top Strengths

92
Efficiency Ratio
Current: 44.54% · Tier avg: 62.63%
92th pctile
79
Net Interest Margin
Current: 4.24% · Tier avg: 3.66%
79th pctile
79
Tier 1 Capital Ratio
Current: 15.42% · Tier avg: 10.24%
79th pctile
77
Return on Assets
Current: 1.57% · Tier avg: 1.16%
77th pctile
69
Total Loans
Current: $1.0B · Tier avg: $975.5M
69th pctile
66
Total Deposits
Current: $1.2B · Tier avg: $1.2B
66th pctile
64
Total Assets
Current: $1.3B · Tier avg: $1.4B
64th pctile
55
Delinquency Rate
Current: 0.39% · Tier avg: 0.63%
55th pctile
54
Nonperforming Asset Ratio
Current: 0.31% · Tier avg: 0.50%
54th pctile
51
Non-Interest-Bearing Deposit Share
Current: 20.13% · Tier avg: 21.05%
51th pctile
42
Loan-to-Deposit Ratio
Current: 87.60% · Tier avg: 83.06%
42th pctile
15
Non-Interest Income / Assets
Current: 0.24% · Tier avg: 0.74%
15th pctile

Top Weaknesses

15
Non-Interest Income / Assets
Current: 0.24% · Tier avg: 0.74%
15th pctile
42
Loan-to-Deposit Ratio
Current: 87.60% · Tier avg: 83.06%
42th pctile
51
Non-Interest-Bearing Deposit Share
Current: 20.13% · Tier avg: 21.05%
51th pctile
54
Nonperforming Asset Ratio
Current: 0.31% · Tier avg: 0.50%
54th pctile
55
Delinquency Rate
Current: 0.39% · Tier avg: 0.63%
55th pctile
64
Total Assets
Current: $1.3B · Tier avg: $1.4B
64th pctile
66
Total Deposits
Current: $1.2B · Tier avg: $1.2B
66th pctile
69
Total Loans
Current: $1.0B · Tier avg: $975.5M
69th pctile
77
Return on Assets
Current: 1.57% · Tier avg: 1.16%
77th pctile
79
Tier 1 Capital Ratio
Current: 15.42% · Tier avg: 10.24%
79th pctile
79
Net Interest Margin
Current: 4.24% · Tier avg: 3.66%
79th pctile
92
Efficiency Ratio
Current: 44.54% · Tier avg: 62.63%
92th pctile
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