First Independence Bank

First Independence Bank
7310 Woodward Ave. Suite 101
Detroit, MI 48202

Status: Active
Concentration:Commercial Lending Specialization
Established:1970-05-14
FDIC Insurance:1970-05-14
FDIC Cert:#20179
Holden By:First Independence Corp
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, ranked #2763
Website:www.firstindependence.com
Total Assets:$282,800,000, ranked #2461
Total Deposits:$192,487,000, ranked #2773
Total Equity Capital:$22,820,000, ranked #2387
Total Domestic Deposits:$192,487,000, ranked #2773
Net Income:$642,000, ranked #3390
Quarterly Net Income:$227,000, ranked #3796
Return on Equity:6%, ranked #3331
Quarterly Return on Equity:4%, ranked #4034

Financial Information (2020-06-30 and Older)