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 #2163
Website:www.firstindependence.com
Total Assets:$601,775,000, ranked #1508
Total Deposits:$478,884,000, ranked #1616
Total Equity Capital:$42,313,000, ranked #1448
Total Domestic Deposits:$478,884,000, ranked #1614
Net Income:$1,276,000, ranked #3015
Quarterly Net Income:$967,000, ranked #2023
Quarterly Return on Assets:1%, ranked #1040
Return on Equity:4%, ranked #3852
Quarterly Return on Equity:9%, ranked #2627

Financial Information (2023-09-30 and Older)