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Independent Bank

Our records indicate that this bank has been acquired by Centerstate Bank Central Florida, National Association.


Independent Bank is an FDIC insured institution headquartered at 7777 Henneman Way, Mckinney, TX 75070.
It was founded in 1913 and has approximately $19 billion in assets. Customers can open an account at one of its 73 branches.

Deposit Rates - December 26, 2025

SAVINGS RATES APY MIN
SAV
1.00% $0 Compare
CD RATES APY MIN
1 Mo CD
0.20% $1,000 Compare
3 Mo CD
0.75% $1,000 Compare
6 Mo CD
0.65% $1,000 Compare
11 Mo CD
5.00% $1,000 Compare
12 Mo CD
0.75% $1,000 Compare
13 Mo CD
5.25% $1,000 Compare
24 Mo CD
4.15% $1,000 Compare
36 Mo CD
0.75% $1,000 Compare
60 Mo CD
0.85% $1,000 Compare
MM RATES APY MIN
Money Market
3.04% $0 Compare
Money Market
4.00% $25,000 Compare
INT CHECKING RATES APY MIN
0.65% $0
INTCK
0.50% $1




Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 3076
Date Established 1913
Assets $ 18.58 billion
Loans $ 13.47 billion
Deposits $ 15.24 billion
Capital $ 2.20 billion

Summary Balance Sheet as of June 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 1,043.27 million
Interest-bearing balances $ 948.59 million
Total securities $ 1,631.62 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 13.47 billion
Loan loss allowance $ 133.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 8.69 million
Goodwill and other intangibles $ 514.83 million
All other assets $ 431.40 million
     Total Assets $ 15.33 billion

LIABILITIES
Total deposits $ 15.24 billion
      Interest-bearing deposits $ 11.97 billion
      Deposits held in domestic offices $ 15.24 billion
      % insured (estimated)" 55.36%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 175.00 million
Subordinated debt N.A.
All other liabilities $ 109.06 millionn
      Total Liabilities $ 15.33 billion
      Shareholders’ Equity $ 3.24 billion

Summary Income Statement as of June 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 943.84 million
Total Interest Expense $ 499.45 million
Net interest income $ 444.40 million
Provision for loan and lease losses $ 3.12 million
Total non interest income $ 57.41 million
Total non interest expense $ 862.77 million
Pre-tax Net Operating Income $ 144.54 million

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Branches

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Independent Bank Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only."

  • 1
    LOCAL SAVINGS
    Independent Bank
    Bank
    -
    $50,000
    N.A.
    1.00%
    4.44x (National Avg. - 0.23%)
    $0
    -
    SCENARIO
    Year Rate
    1.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 500 350
    2 50,500 505 354
    3 51,005 510 357
    4 51,515 515 361
    5 52,030 520 364
    6 52,551 526 368
    7 53,076 531 372
    8 53,607 536 375
    9 54,143 541 379
    10 54,684 547 383
    11 55,231 552 387
    12 55,783 558 390
    13 56,341 563 394
    14 56,905 569 398
    15 57,474 575 402
    16 58,048 580 406
    17 58,629 586 410
    18 59,215 592 415
    19 59,807 598 419
    20 60,405 604 423
    TOTAL $11,010 $7,707
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    Bank
    -
    $50,000
    N.A.
    3.75%
    16.67x (National Avg. - 0.23%)
    $1,000
    -
    SCENARIO
    Year Rate
    3.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,875 1,313
    2 51,875 1,945 1,362
    3 53,820 2,018 1,413
    4 55,839 2,094 1,466
    5 57,933 2,172 1,521
    6 60,105 2,254 1,578
    7 62,359 2,338 1,637
    8 64,697 2,426 1,698
    9 67,124 2,517 1,762
    10 69,641 2,612 1,828
    11 72,252 2,709 1,897
    12 74,962 2,811 1,968
    13 77,773 2,916 2,042
    14 80,689 3,026 2,118
    15 83,715 3,139 2,198
    16 86,854 3,257 2,280
    17 90,111 3,379 2,365
    18 93,491 3,506 2,454
    19 96,996 3,637 2,546
    20 100,634 3,774 2,642
    TOTAL $54,408 $38,085


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