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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Frankfort, KY · FDIC certificate #27219
INDEPENDENT CORRESPONDENT BA is an FDIC-insured institution based in Frankfort, KY (FDIC certificate #27219). In its Q3 2026 Call Report it reported total assets of $156M, total deposits of $82M and net loans of $86M. Its primary federal regulator is FED.
Plain-language readout
INDEPENDENT CORRESPONDENT BA has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $156M in Q3 2026 and were lowest at $142M in Q1 2026.
Total deposits were highest at $102M in Q1 2026 and lowest at $82M in Q3 2026.
Over the whole period total assets rose 9.7%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $156M | $82M | $86M | 0.55% | 3.90% | 3.30% |
| Q2 2026 | $151M | $83M | $81M | 0.73% | 5.08% | 3.37% |
| Q1 2026 | $142M | $102M | $86M | 0.56% | 3.90% | 3.22% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $58.0M | $47.5M | +$10.5M | +22.1% |
| Federal funds sold | $0K | $0K | $0K | n/a |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $9.2M | $5.7M | +$3.5M | +61.9% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $81.5M | $85.6M | -$4.1M | -4.8% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $1.1M | $1.2M | -$57K | -4.8% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $1.5M | $2.0M | -$428K | -21.9% |
| Total assets | $151.4M | $141.9M | +$9.4M | +6.7% |
| Liabilities | ||||
| Total deposits | $82.5M | $102.4M | -$19.8M | -19.4% |
| Federal funds purchased | $46.9M | $18.0M | +$28.9M | +160.0% |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $0K | $0K | $0K | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $841K | $726K | +$115K | +15.8% |
| Total liabilities | $130.3M | $121.1M | +$9.1M | +7.5% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $498K | $498K | $0K | 0.0% |
| Surplus | $9.5M | $9.5M | $0K | 0.0% |
| Retained earnings | $11.2M | $10.8M | +$329K | +3.0% |
| Accumulated other comprehensive income | -$53K | -$37K | -$16K | -43.2% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $21.1M | $20.8M | +$313K | +1.5% |
| Credit and capital | ||||
| Gross nonperforming assets | $817K | $830K | -$13K | -1.6% |
| Adjusted nonperforming assets | $817K | $830K | -$13K | -1.6% |
| Tangible equity plus allowance | $22.3M | $22.0M | +$314K | +1.4% |
| Texas ratio (gross) | 3.67% | 3.78% | -0.11 pts | See points |
| Texas ratio (adjusted) | 3.67% | 3.78% | -0.11 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 3.67% | 3.78% | -0.11 pts | See points |
| Tier 1 capital to risk-weighted assets | 22.65% | 21.32% | +1.33 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 22.65% | 21.32% | +1.33 pts | See points |
| Tier 2 capital to risk-weighted assets | 1.25% | 1.25% | +0.00 pts | See points |
| Total risk-based capital to risk-weighted assets | 23.90% | 22.57% | +1.33 pts | See points |
| Tier 1 leverage (approximate) | 13.21% | 12.70% | +0.52 pts | See points |
| Construction and land loans to total capital | 39.96% | 46.09% | -6.13 pts | See points |
| Commercial real estate to total capital | 195.71% | 213.23% | -17.52 pts | See points |
| Dividend payout, year to date | 0.00% | 0.00% | 0.00 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -0.32% | -0.20% | -0.11 pts | See points |
| Liquidity | ||||
| Core deposits | $69.0M | $81.5M | -$12.5M | -15.3% |
| Non-core funding | $60.4M | $38.9M | +$21.5M | +55.3% |
| Loans to core deposits | 119.73% | 106.41% | +13.32 pts | See points |
| Loans to deposits | 100.08% | 84.70% | +15.38 pts | See points |
| Brokered deposits share of deposits | 9.14% | 14.53% | -5.40 pts | See points |
| Pledged securities share of securities | 16.55% | 30.64% | -14.09 pts | See points |
| Loans pledged, share of loans | 0.00% | 0.00% | 0.00 pts | See points |
| Volatile liabilities | $60.4M | $38.9M | +$21.5M | +55.3% |
| Earnings | ||||
| Earnings before provision, year to date | $624K | $272K | +$352K | +129.4% |
| Earnings before provision, single quarter | $352K | $272K | +$80K | +29.4% |
| Provision for credit losses, year to date | $0K | $0K | $0K | n/a |
| Yield and cost | ||||
| Yield on loans and leases | 6.47% | 6.31% | +0.16 pts | See points |
| Yield on interest-bearing balances due from banks | 4.04% | 3.43% | +0.61 pts | See points |
| Total interest income to average assets | 5.30% | 4.94% | +0.36 pts | See points |
| Cost of interest-bearing transaction accounts | 3.73% | 3.73% | +0.00 pts | See points |
| Cost of savings and money market deposits | Not reported | Not reported | Not reported | See points |
| Cost of time deposits | 3.71% | 3.70% | +0.01 pts | See points |
| Total interest expense to average assets | 2.11% | 2.19% | -0.08 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $156M | $82M | $86M | 0.55% | 3.90% | 3.30% |
| 2026-06-30 | $151M | $83M | $81M | 0.73% | 5.08% | 3.37% |
| 2026-03-31 | $142M | $102M | $86M | 0.56% | 3.90% | 3.22% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| KY | $65.5M | 0.05% | 134 | Continuing · +0.01 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.