Bank Holding Company
INDEPENDENCE BANCSHARES INC
1 active bank · 2 merged/absorbed · $443M combined assets
RSSD ID: 1206201
Combined Assets
$443M
CRA Rating Summary
Satisfactory1charter
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
NORTHEAST SECURITY BANK
SUMNER, IA · FDIC · $443M
SatisfactorySECURITY STATE BANK
Merged 2018INDEPENDENCE, IA · FDIC · $112M
SatisfactoryFAIRBANK STATE BANK
Merged 2008FAIRBANK, IA · FDIC · $30M
Satisfactory
| Charter | Location | Regulator | Assets | Current Rating | Exam Date |
|---|---|---|---|---|---|
| NORTHEAST SECURITY BANK | SUMNER, IA | FDIC | $443M | Satisfactory | Aug 2023 |
| SECURITY STATE BANKMerged 2018 | INDEPENDENCE, IA | FDIC | $112M | Satisfactory | Jan 2018 |
| FAIRBANK STATE BANKMerged 2008 | FAIRBANK, IA | FDIC | $30M | Satisfactory | Jul 2004 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.