First Independence Bank

Michigan – Wayne – Detroit

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

20179

1970

FDIC Certificate Number: 20179
FDIC's unique number: 13869
The FDIC Field Office where an institution is physically located: Detroit

Federal Reserve ID Number: 254849
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 3
Number of Foreign Offices: 0
The date of the last data update: 2007-04-13

1970-05-14 Institution established. Original name: First Independence National Bank Of Detroit.
1986-01-13 Reorganized.
2005-11-07 Changed name to First Independence Bank .
2005-11-07 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2005-11-07 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.

Total assets: $178,268,000
Total deposits: $153,157,000
Deposits held in domestic offices: $153,157,000
Equity capital: $15,282,000

Net income: $-1,261,000

Return on Assets: -1.33
Return on Equity: -16.3
Last updated on: 2011-10-20

Bank Holding Company: First Independence Corporation

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Profile ID: LFUS-BAB-P-25515

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