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Accrued interest at other companies

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$50.01M+41.1%
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PCB BancorpPCB
$10.57M-2.8%

Other financials

Income statement

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Revenue$63.2M+13.0%
Net income$18.8M+11.4%
EPS (diluted)$0.90+11.1%

Balance sheet

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Cash & equivalents$165.5M+13.2%
Total debt$7.0M+0.5%
Total equity$528.4M+12.6%
Total assets$5.7B+4.5%

Cash flow

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Operating cash flow$20.3M+5.7%
CapEx$3.6M+56.3%
Free cash flow$16.7M-1.1%

Valuation

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Market cap$841.35M+32.8%
Enterprise value$682.94M+38.1%
P/E11.7×+1.9×
P/S3.5×+0.7×

Profitability

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Net margin30.2%+1.2pp
FCF margin16%-12.2pp

Returns & leverage

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Return on equity14.4%0.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss.

The source filing: Independent Bank Corporation’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000039311-26-000061
Line itemLoans Past DueLoans not Past DueTotal Loans
Recreational vehicle lending1,079173,025174,104
Other44067,78168,221
Total$$$$44,591$4,369,273$4,413,864
Accrued interest excluded from total$$$$85$14,105$14,190
December 31, 2025
Commercial
Commercial and industrial$1,158,841$1,158,841
Commercial real estate26,8881,027,8281,054,716

Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20

FAQ

What is Independent Bank Corporation's accrued interest?
Independent Bank Corporation (IBCP) reported accrued interest of $14.19M in Q2 2026.
How has Independent Bank Corporation's accrued interest changed year-over-year?
Independent Bank Corporation's accrued interest increased by 1.3% year-over-year, from $14.01M to $14.19M.
What is the long-term trend for Independent Bank Corporation's accrued interest?
Over 5 years (2020 to 2025), Independent Bank Corporation's accrued interest has grown at a 9.4% compound annual growth rate (CAGR), from $8.9M to $13.95M.
What does accrued interest mean?
Interest expense accrued but not yet paid on outstanding debt obligations, based on contractual interest rates and time elapsed.

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