Independent Bank Corporation (IBCP)

Independent Bank Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Cash & Equivalents	169.78	74.37	109.47	118.71	65.3
Cash & Cash Equivalents	169.78	74.37	109.47	118.71	65.3
Cash Growth	128.29%	-32.06%	-7.78%	81.77%	-7.03%
Property, Plant & Equipment	35.52	35.89	36.4	36.13	38.41
Goodwill and Intangibles	30.3	30.85	31.64	32.61	33.63
Total Assets	5,264	5,000	4,705	4,204	3,565
Total Liabilities	4,859	4,652	4,306	3,814	3,215
Total Debt	129.26	165.1	108.96	108.82	128.1
Debt Growth	-21.71%	51.53%	0.13%	-15.05%	96.81%
Retained Earnings	159.11	119.37	74.58	40.15	1.61
Comprehensive Income	-72.14	-92.76	0.5	10.02	-3.79
Shareholders' Equity	404.45	347.6	398.48	389.52	350.17
Net Cash / Debt	40.52	-90.73	0.52	9.89	-62.8
Net Cash / Debt Growth	-	-	-94.79%	-	-
Book Value Per Share	19.41	16.50	18.73	17.80	15.58

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).