Company Description

Independent Alliance Banks, Inc., established in 2005 and headquartered in Fort Wayne, Indiana, is a single financial services holding company for iAB Financial Bank - the result of a consolidation of Grabill Bank and MarkleBank in October of 2012. iAB Financial Bank purchased First State Bank of Bourbon in February of 2015. iAB Financial Bank employs approximately 285 people in our local communities and provides a wide variety of financial services to businesses and consumers through its 17 banking centers in Allen, Huntington, Marshall and Wells counties

Independent Alliance Bank’s common stock is listed on the OTCQX Market under the symbol “IALB”.

Contact Information

iAB Financial Bank
118 E. Ludwig Road
Fort Wayne, IN 46825
260-422-2265

Investor Relations
Kevin J. Himmelhaver
Chief Financial Officer
260-469-6265
Kevin.himmelhaver@iabfinancial.com

Jeffrey A. Humbarger
Treasurer
260-469-6269
Jeff.humbarger@iabfinancial.com

Stock Transfer Agent
Computershare
PO Box 30170
College Station, TX 77842-3170
1-800-962-4284
Web.queries@computershare.com

Officers and Directors
No data available.
Peer Analysis

Data for trailing four quarters

Performance Ratios (%)Independent Alliance Banks, Inc. Peer
Median
Peer
Average
ROAA0.90 0.92 0.97 
ROAE7.88 8.57 9.34 
Net Interest Margin3.33 3.54 3.52 
Efficiency Ratio67.38 63.51 63.14 
Loans / Deposits87.13 86.41 89.20 
Asset Quality Ratios (%)   
NPAs / Assets0.57 0.61 0.67 
NCOs / Avg Loans0.08 0.04 0.04 
Reserves / Loans1.41 1.04 0.95 
Reserves / NPAs171.56 116.97 125.38 
Capital Ratios (%)   
Tier 1 Capital14.43 12.21 12.05 
Tangible Equity / Tangible Assets10.40 9.17 9.14 
Total Equity / Total Assets11.66 10.25 10.40 
Market Ratios   
Price / Earnings (x)NA 20.57 18.79 
Price / Book (%)NA 166.61 166.15 
Dividend Yield (%)NA 1.90 1.90 
Independent Alliance Banks, Inc.'s peer group consists of the following: F.S. Bancorp (FXLG) , First Bancshares, Inc. (FBMS) , Horizon Bancorp (HBNC) , Lakeland Financial Corporation (LKFN) , MutualFirst Financial, Inc. (MFSF) , Old National Bancorp (ONB) , STAR Financial Group, Inc. (SFIGA)

Independent Alliance Banks, Inc.'s financial data is as of 6/30/2017.

Peer financial data is as of 6/30/2017
Mergers and Acquisitions
Acquisitions
Bank & Thrift Company Deals

Target
Seller
State Industry
Type
Announce
Date
Status Deal Value
($M)
Target Total
Assets ($000)
First State Bank, Bourbon, IndianaINBank10/08/2014Completed on 2/1/201518.3585,756
Marbanc Financial CorporationINBank11/23/2004Completed on 4/22/200538.83219,257
 
Sales and Divestitures
Bank & Thrift Company Deals
Target
Buyer
Industry
Type
Announce
Date
Status Number of
Branches
All Branch
States
Total Deposits
Transferred
($000)
Independent Alliance Banks, Inc.First Merchants CorporationBank2/17/2017Completed on 7/14/201719IN863,378
 
Market Data

Current QuoteData as of January 1, 0001
Last Sale $ .00
Last Close NA
Today's High $ .00
Today's Low $ .00
Net Change NA
Today's Volume0
Minimum 20 minute delay
Recent Documents

Filing DescriptionFiling TypeFiling DateEvent Date
Regulatory Filing: DepositoryY-63/31/201712/31/2016
Financial SupplementFIN SUPP12/31/2016
Shareholder Dividend LetterCORR12/1/2016
Shareholder Dividend LetterCORR9/1/2016
Regulatory Filing: DepositoryY-63/31/201612/31/2015
Dividends
No data available.
Stock Price History
High ($)Low ($)
One DayNA NA 
One MonthNA NA 
Three MonthsNA NA 
Year-to-DateNA NA 
One YearNA NA 
Three YearNA NA 
Three Year DateNM NM 
FAQ
Q: How can I receive Email alerts from Independent Alliance Banks, Inc. ?
A: To sign up for Email alerts on our Events, Documents, Press Releases and closing stock price information click here to visit our Email Notification page.

Q: How can I request additional information from Independent Alliance Banks, Inc. ?
A: You can contact us via our Information Request page.

Q: Does Independent Alliance Banks, Inc. pay a dividend?
A: To see a list of our historical dividends, please visit our Dividends page.

Q: Where is Independent Alliance Banks, Inc.'s common stock listed?
A: Our common stock is listed on OTCQB under the symbol IALB.
For more detailed stock information, please visit our Stock Quote page.