Independent Bank Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	728.98	771.9	219.89	224.33	352.93	2,241
Securities and Investments	3,366	3,305	2,707	2,926	3,125	2,661
Trading Assets	5.53	4.72	4.25	4.99	3.89	3.72
Other Earning Assets	16.76	35.91	7.27	6.37	2.8	24.68
Gross Loans	18,426	18,504	14,508	14,278	13,929	13,587
Allowance for Loan Losses	-190.56	-189.88	-169.98	-142.22	-152.42	-146.92
Net Loans	18,235	18,314	14,338	14,136	13,776	13,440
Net Property, Plant & Equipment	217.7	218.19	193.32	193.05	196.3	195.59
Other Intangible Assets	126.69	133.58	12.28	18.19	25.07	32.77
Goodwill	1,091	1,091	985.07	985.07	985.07	985.07
Other Non-Earning Assets	995.96	1,039	905.99	853.66	826.26	839.39
Total Assets	24,784	24,913	19,374	19,347	19,294	20,423
Interest-bearing deposits	14,464	14,526	10,915	10,299	10,437	11,438
Noninterest-bearing deposits	5,633	5,601	4,391	4,567	5,442	5,480
Total Deposits	20,098	20,127	15,306	14,866	15,879	16,917
Short-Term Interbank Borrowing and Repurchase Agreements	316.73	416.55	638.51	1,106	0.64	25.67
Short-Term Borrowings	99.97	49.95	-	-	-	-
Long-Term Debt	359.55	359.35	62.86	112.84	112.74	112.64
Other Liabilities	371.4	397.98	376.48	371.49	418.32	338.68
Total Liabilities	21,242	21,347	16,380	16,452	16,408	17,405
Common Stock	0.48	0.49	0.42	0.43	0.46	0.47
Treasury Stock	-3.62	-3.45	-3.38	-3.3	-3.23	-3.15
Additional Paid-in Capital	2,273	2,336	1,910	1,932	2,115	2,249
Accumulated Other Comprehensive Income	-49.3	-39.75	-90.01	-114.83	-163.08	2.18
Retained Earnings	1,318	1,269	1,173	-	-	-
Shareholders' Equity	3,542	3,566	2,993	2,895	2,887	3,018
Total Liabilities & Equity	24,784	24,913	19,374	19,347	19,294	20,423
Total Debt	359.55	359.35	62.86	112.84	112.74	112.64
Net Cash (Debt)	-359.55	-359.35	-62.86	-112.84	-112.74	-112.64
Net Cash Per Share	-7.53	-7.78	-1.48	-2.55	-2.43	-3.23
Book Value	3,542	3,566	2,993	2,895	2,887	3,018
Book Value Per Share	74.15	77.20	70.41	65.51	62.23	86.52
Tangible Book Value	2,325	2,342	1,996	1,892	1,877	2,001
Tangible Book Value Per Share	48.67	50.69	46.95	42.81	40.45	57.34

SEC Filings: 10-K · 10-Q