This comparison uses public regulatory filings and TFS methodology. It evaluates financial condition—not checking rates, account fees, service quality, or which institution is universally “best.”
Bank
Owensboro, KY
Health score
69.0
Total assets
$3.8B
Bank
Glasgow, KY
Health score
84.9
Total assets
$2.3B
Answer first
Independence Bank of Kentucky leads on lending quality; South Central Bank, Inc. leads on financial health and capitalization and profitability and growth. Those category leads describe current regulatory metrics only and do not establish a universal product or service winner.
Capital and asset-quality definitions are directly comparable for this pair.
Category leaders
Financial health
South Central Bank, Inc.
Higher TFS health score
Capitalization
South Central Bank, Inc.
Higher comparable capital ratio
Profitability
South Central Bank, Inc.
Higher return on assets
Lending quality
Independence Bank of Kentucky
Lower problem-loan measure
Growth
South Central Bank, Inc.
Higher year-over-year asset growth
Same-source detail
Winner markers appear only where the metric definitions are comparable and both values are available.
| Metric | Independence Bank of Kentucky | South Central Bank, Inc. |
|---|---|---|
| TFS health score | 69.0/100 | 84.9/100Leads |
| Total assets | $3.8B | $2.3B |
| Total deposits / shares | $3.0B | $2.0B |
| Tier 1 capital ratio | 9.35% | 9.88%Leads |
| Return on assets | 1.12% | 1.41%Leads |
| Return on equity | 13.76% | 15.37% |
Independence Bank of Kentucky
26 branches
South Central Bank, Inc.
27 branches
Both institutions report branches in 1 state: KY.
Independence Bank of Kentucky
Unavailable
South Central Bank, Inc.
Unavailable
Counts use an explicitly reviewed CFPB-company-to-regulatory-ID mapping and the same complete 12-month window. Parent-company attribution can include complaints involving affiliates. Lower complaint volume is context—not proof of better service or less consumer harm.
Independence Bank of Kentucky
0 in TFS registry
South Central Bank, Inc.
0 in TFS registry
Institution-level actions come from TFS's exact regulatory-ID registry and are shown as factual context only. They do not affect category winners or the TFS Financial Health Grade. A zero means no action is currently published in this curated registry—not proof that none exists.
Quarterly history
| Quarter | Independence Bank of Kentucky score | Independence Bank of Kentucky ROA | South Central Bank, Inc. score | South Central Bank, Inc. ROA |
|---|---|---|---|---|
| 2024-Q3 | — | 0.56% | — | 1.14% |
| 2024-Q4 | — | 0.56% | — | 1.17% |
| 2025-Q1 | — | 0.66% | — | 1.16% |
| 2025-Q2 | — | 0.69% | — | 1.21% |
| 2025-Q3 | — | 0.73% | — | 1.25% |
| 2025-Q4 | — | 0.80% | — | 1.25% |
| 2026-Q1 | 68.6/100 |
Keep watching
Get access to your dashboard watchlist and future financial-grade alerts.
Coverage boundaries
Related comparisons
Financial data comes from FDIC BankFind Suite or NCUA Call Reports as labeled. TFS Health Grades are an editorial assessment, not an official government rating or financial advice. Arbitrary comparison pairs are available dynamically but remain noindex unless curated for data completeness and user value.
| Non-performing loans | 0.12%Leads | 0.30% |
| Net charge-offs | 0.00%Leads | 0.00% |
| Efficiency ratio | 64.08% | 53.06%Leads |
| Loan-to-deposit ratio | 69.79% | 89.69% |
| Asset growth (YoY) | 0.12% | 11.11%Leads |
| Deposit / share growth (YoY) | -4.41% | 14.06%Leads |
| Branches | 26 | 27 |
| Published CFPB complaints per $1B deposits (12 months)verified mappings only | — | — |
| 1.11% |
| 84.3/100 |
| 1.36% |
| 2026-Q2 | 69.0/100 | 1.12% | 84.9/100 | 1.41% |