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Saturday, November 28, 2009, 4:08PM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Independent Bancshares, Inc. (IBFL.OB)On Nov 4: 2.00   0.00 (0.00%)  
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Independent Bancshares, Inc.
60 SouthWest 17th Street
Ocala, FL 34474
United States - Map
Phone: 352-622-2377
Fax: 352-622-6411

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:71

BUSINESS SUMMARY 
Independent BancShares, Inc. operates as the bank holding company for the Independent National Bank, which provides commercial banking services to individuals, businesses, and industries in Florida. The company accepts demand interest-bearing and non-interest-bearing accounts, money market deposit accounts, NOW accounts, time deposits, personal and business checking accounts, saving accounts, and other time certificates of deposits. It offers commercial real estate loans secured by owner-occupied office, industrial, and retail business properties; fixed-rate residential mortgage loans and arm loans; construction and land development loans; commercial loans for small to medium-size professional firms, retail and wholesale businesses, light industry, and manufacturing concerns; and consumer loans, which include automobile and boat loans, home equity loans, and loans for home improvements, debt consolidation, and other personal needs. The company also issues credit cards through a third party, and operates as a merchant depository for cardholder drafts under Visa and MasterCard. As of December 31, 2008, it operated five full-service banking offices in Marion and Sumter Counties, Florida. The company was incorporated in 1987 and is headquartered in Ocala, Florida.
Key Statistics

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KEY EXECUTIVES 
 PayExercised
Mr. Mark A. Imes , 46
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Independent National Bank, Pres of Independent National Bank of Independent National Bank
$ 130.00KN/A
Mr. Nicholas J. Panicaro , 56
Chief Operating Officer, Chief Financial Officer, Principal Accounting Officer and Exec. VP
N/A N/A
Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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