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 #2145
Website:www.firstindependence.com
Total Assets:$644,122,000, ranked #1482
Total Deposits:$491,821,000, ranked #1614
Total Equity Capital:$54,991,000, ranked #1317
Total Domestic Deposits:$491,821,000, ranked #1612
Net Income:$5,933,000, ranked #1497
Quarterly Net Income:$1,469,000, ranked #1548
Return on Assets:1%, ranked #858
Quarterly Return on Assets:1%, ranked #911
Return on Equity:12%, ranked #1471
Quarterly Return on Equity:11%, ranked #1720

Financial Information (2024-12-31 and Older)