First Independence Bank

First Independence Bank
7310 Woodward Ave
Detroit, MI 48202

Status: Active
Concentration:Commercial Lending Specialization
Established:05/14/1970
FDIC Insurance:05/14/1970
FDIC Cert:#20179
Holden By:FIRST INDEPENDENCE CORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:4, ranked #2140
Website:www.firstindependence.com
Total Assets:$690,859,000, ranked #1405
Total Deposits:$523,091,000, ranked #1561
Total Equity Capital:$57,389,000, ranked #1298
Total Domestic Deposits:$523,091,000, ranked #1560
Net Income:$1,199,000, ranked #1812
Quarterly Net Income:$1,199,000, ranked #1812
Return on Assets:1%, ranked #1039
Quarterly Return on Assets:1%, ranked #1049
Return on Equity:9%, ranked #2426
Quarterly Return on Equity:9%, ranked #2426

Financial Information (2025-03-31 and Older)