Independent Bank Corporation (IBCP)

NASDAQ: IBCP · Real-Time Price · USD

37.90

-0.13 (-0.34%)

At close: Aug 10, 2026, 4:00 PM EDT

37.90

0.00 (0.00%)

After-hours: Aug 10, 2026, 4:10 PM EDT

Independent Bank Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	165.45	138.39	119.88	169.78	74.37	109.47
Securities and Investments	801.55	823.53	914.72	1,050	1,172	1,431
Other Earning Assets	16.82	9.03	7.64	12.06	46.89	90.28
Gross Loans	4,414	4,276	4,039	3,791	3,465	2,905
Allowance for Loan Losses	-65.67	-63.45	-59.38	-54.66	-52.44	-47.25
Net Loans	4,348	4,213	3,979	3,736	3,413	2,858
Net Property, Plant & Equipment	44.55	38.97	37.49	35.52	35.89	36.4
Accrued Interest and Accounts Receivable	169.98	167.52	147.55	132.5	128.9	66.14
Other Intangible Assets	34.72	32.49	48.28	44.25	45.04	29.57
Goodwill	28.3	28.3	28.3	28.3	28.3	28.3
Long-Term Investments	53.57	53.75	53.86	54.34	55.2	55.28
Other Non-Earning Assets	0.71	0.9	0.94	0.57	0.46	0.25
Total Assets	5,664	5,506	5,338	5,264	5,000	4,705

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest-bearing deposits	3,832	3,770	3,640	3,547	3,109	2,795
Noninterest-bearing deposits	1,030	991.98	1,014	1,076	1,270	1,322
Total Deposits	4,862	4,762	4,654	4,623	4,379	4,117
Short-Term Interbank Borrowing and Repurchase Agreements	127.01	77	45.01	50.03	86.01	30.01
Accrued Expenses	106.39	124.22	104.94	107.13	108.02	80.21
Long-Term Debt	39.9	39.86	79.38	39.51	79.09	78.95
Total Liabilities	5,135	5,003	4,883	4,859	4,652	4,306

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	307.82	307.85	318.78	317.48	320.99	323.4
Accumulated Other Comprehensive Income	-56.34	-57.69	-69.94	-72.14	-92.76	0.5
Retained Earnings	276.93	252.79	205.85	159.11	119.37	74.58
Shareholders' Equity	528.41	502.95	454.69	404.45	347.6	398.48
Total Liabilities & Equity	5,664	5,506	5,338	5,264	5,000	4,705

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	39.9	39.86	79.38	39.51	79.09	78.95
Net Cash (Debt)	125.55	98.52	40.5	130.27	-4.72	30.52
Net Cash Growth	88.22%	143.27%	-68.91%	-	-	-23.50%
Net Cash Per Share	6.03	4.70	1.92	6.15	-0.22	1.40
Book Value	528.41	502.95	454.69	404.45	347.6	398.48
Book Value Per Share	25.36	23.99	21.54	19.10	16.32	18.27
Tangible Book Value	465.39	442.16	378.1	331.9	274.26	340.62
Tangible Book Value Per Share	22.34	21.09	17.91	15.68	12.88	15.62

SEC Filings: 10-K · 10-Q