# INDEPENDENT BANK
MCKINNEY, TX · FDIC certificate 3076 · asset band $10-100B · latest filing 2024-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $17.54B | |
| Deposits | $15.24B | |
| Loans and leases | $13.60B | |
| Total equity | $2.20B | |
| Loans / deposits | 88.33% (p70 of band) | 83.34% |
| Liquid assets / assets | 15.25% (p16 of band) | |
| Uninsured deposits / deposits | 44.83% (p71 of band) | 37.95% |
| Brokered deposits | 8.58% | |
| Wholesale funding | 8.58% (p56 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.68% (p66 of band) | 9.99% |
| Unrealized securities loss / equity | -11.90% (p58 of band) | -13.80% |
| AOCI / equity | 0.03% (p26 of band) | |
| ROA (annualized) | -2.15% (p1 of band) | 0.96% |
| Net interest margin | 2.65% (p24 of band) | 3.16% |
| Efficiency ratio | 66.36% (p82 of band) | |
| Noncurrent loans | 0.32% (p21 of band) | 0.62% |
| Net charge-offs (annualized) | 0.12% (p57 of band) | |
| Reserve coverage of noncurrent | 310.15% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 69.46% (p82 of band) | |
| Auto loans | $898,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $117.1M (5% of equity) (p50 of band) | |
| Deposits YoY | -3.1% | |
| Employees | 1392 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 2 | capital falling, construction >100% equity |  |
| 2011-12 | 1 |  | construction >100% equity |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 | construction >100% equity | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 | capital falling | construction >100% equity |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2014-12 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 2 | brokered >10%, wholesale funding >15% |  |
| 2015-12 | 1 |  | brokered >10% |
| 2016-03 | 2 | capital falling |  |
| 2016-06 | 2 | loans exceed deposits | capital falling |
| 2016-09 | 1 |  | loans exceed deposits |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | construction >100% equity |  |
| 2017-06 | 1 | capital falling | wholesale funding >15%, construction >100% equity |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | loans exceed deposits, uninsured deposits leaving |  |
| 2018-09 | 0 |  | loans exceed deposits, uninsured deposits leaving |
| 2018-12 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2019-03 | 0 |  | loans exceed deposits, liquid assets <10% |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | uninsured deposits leaving |  |
| 2020-12 | 3 | uninsured deposits >50%, run vulnerability, loans-to-lenders >50% equity | uninsured deposits leaving |
| 2021-03 | 1 |  | run vulnerability, loans-to-lenders >50% equity |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 2 | run vulnerability |  |
| 2022-09 | 3 | assets shrinking |  |
| 2022-12 | 2 |  | assets shrinking |
| 2023-03 | 3 | losing money, expense ratio p90, deposits shrinking | uninsured deposits >50%, run vulnerability |
| 2023-06 | 3 | capital falling, uninsured deposits leaving | losing money, deposits shrinking |
| 2023-09 | 4 | brokered >10% |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 2 |  | expense ratio p90, uninsured deposits leaving |
| 2024-06 | 3 | losing money |  |
| 2024-09 | 2 |  | capital falling |
| 2024-12 | 2 | assets shrinking | brokered >10% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-02 [Independent Bank Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMickFVX3lxTE1TY0pJV3ZZaFhsbHZuRkRPbkFPX0dmOUx3bjVpck5WaHVBMDJYTEZEYVlHYXVDNGFPV3p5OF9sS29MeEFON3YxN0prR2E0MElBZXZuNDJBZUJxSUhEck9GQ2stWWZmcEtCTGs0clBhU0NJZw?oc=5) · reveliolabs.com
- 2026-05-19 [More Than 150 Years After Founding, American National Bank of Texas Still Bets on Independence - Fort Worth Inc.](https://news.google.com/rss/articles/CBMilgFBVV95cUxPT1FWNnFfSGVpVl9zbW5Ya1VXSE54SzR0aXZjb0pqaGE4NmZ6RG8yNk1ZM0plemFvY3FyRmhWd3ZMZ1hkUUZZem5JSE9wbXpIdkY0ZnpyWkNaNFhEMG5FaWctOFl0Qkk4Z1dMNlhqNTk3X2s3ZGRfdXBCX0tSUmtfY2JXenh3d19DVlE2cWg5c3BOa1lqMHc?oc=5) · Fort Worth Inc.
- 2026-09-02 [The Best Regional Banks in Houston, According to Locals - Chron](https://news.google.com/rss/articles/CBMia0FVX3lxTFBHa0ZqS3lwYXhvOFZjVW1IUDVNck1VR2pQYTgwTGNZWFl4TElSWnpDMTBGekZMSkRGS1hlcEs2WFdja0xHTlpFaGM0emI2UXFNdlNyRjU0dF9uV0h2bDVoa1JscFZPd1ZMNHZV?oc=5) · Chron
- 2026-05-15 [SouthState's new Texas territory is a standout - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxQNkt4VnhKSVAxclVrUmNCb2RaQk5NNmtWd193VVdpMDZsMVhfN042LTFQZGs2MG0tRHFTcDZoTTc2QVZWNk1sa0Vlc1p2RTJPdkZJcTYwVURsU1hkR2stQlpzbU1aT1NjOURRMFcyNVNfLVRRQUhHWng0aUxjZ2NQQWM2NW9BMHdKV2JfYVRsZWg5azQyYmlVV0N1UDdPQjg?oc=5) · The Business Journals
- 2024-05-20 [SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc. - PR Newswire](https://news.google.com/rss/articles/CBMixwFBVV95cUxNQ1JJVVNzNjR2WW9ZMHZCX3ZnaWMweXJiX29wTW85QzQxR0N6TF9oZmFIZFM3eDZvZkw2bWZZaU5aTEZuTVJQdnpIZEpDeHl2U3RWR0dGd2IwVlU0VHZJVUFmblpXRU50VzRHaGFMOS04QU9vZzRjeldEWWRsYWE4LXl0Mm5OckFDMy10cF9CREhQN1dsWERSWG9uZ0lwd3pvc1dEV1BRYjZJZkdBMWE4S2tlY2IwdTBVNWgzN09LN1IwS0VOVEc0?oc=5) · PR Newswire
- 2024-05-21 [SouthState to acquire Independent Bank in $2B deal - Banking Dive](https://news.google.com/rss/articles/CBMimgFBVV95cUxOc2RfREdLOHUtd2g0TzRNamZjZlF2eHU0U2ZtYzRKS0g4bTJMdXNJSlZKalFWTDcxY3lXMHVURmpLN0dFMlFPb1kyZ2ZsQUxCbElXcW9tV09RVldSZjk5SmdJTnBrUDNkZUthZ0tMb0ZxSWRleDM5cG1WN3hhODBKY21TZWpVT0xhWkJFZVA1UGEwQm1WUENlellR?oc=5) · Banking Dive
- 2019-12-09 [Texas Capital, Independent Bank to combine in $3 billion merger - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxOZnIyak5kaWtPSnBSc2p0cm4wZ0x3blQxUVRxdFJna1ZTd0dlcVFyTzB1MVJRQ3pXZkpNSHpQbjdvUk1tMU56X1RJdS1vNUh1UjN6VlRXa0NORnBOUkx0X0YxZXo0Vl9oMHhqZU5ob25aeVNKWkRrNTcwUlMtUU80YllhQ0haaHlkc1ZXMTU1Rk1ZVUFHNjRsenFzdTEtUQ?oc=5) · American Banker
- 2025-01-02 [Independent Financial Bank Merges With SouthState Bank - National Mortgage Professional](https://news.google.com/rss/articles/CBMimwFBVV95cUxORjAzNVRoLWtJSVdSLTlPZWRuMWJhU3Nra1l6dDhsZkpDU19DVmJ1VWhoVFZ5bTdTX0dyZzlIVlBGaFRrTFpZOUV4T2VabzJXdV9wVlFMcmlpSzlrdzBTdUJnRGVNWGFpR21qcG5OMF9NcnV1UW9xaFZLaGt1Q3lnWGJXUVp4YUNCSjVZYmJ0b0wtbmJQT3JXVHBpMA?oc=5) · National Mortgage Professional

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=3076 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/4.json (key "3076", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide