What are Independent Bank Corporation's total assets?

Independent Bank Corporation (IBCP) holds $5.6B in total assets, up 4.3% year over year.

How much debt does Independent Bank Corporation have?

Independent Bank Corporation carries $7.2M in total debt against $510.6M of shareholders' equity, a debt-to-equity ratio of 0.01.

How much cash does Independent Bank Corporation have?

Independent Bank Corporation holds $174.9M in cash and equivalents.

Where does Independent Bank Corporation's balance sheet data come from?

Every line is extracted from Independent Bank Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Independent Bank Corporation IBCP Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$174.92M+26.4%	$138.39M-33.7%	$208.69M+42.8%	$146.16M+14.1%	$128.15M+6.9%
Accounts receivable, net	$0—	$0—	$0—	$0—	$0—
Trading assets	$24.26M+4.5%	$23.22M-4.1%	$24.22M-14.1%	$28.21M-17.0%	$34M+33.9%
Loans held for sale	$19.75M+122%	$8.9M-22.8%	$11.54M-6.1%	$12.29M+31.1%	$9.38M+24.0%
Property and equipment, net	$42.32M+8.6%	$38.97M+0.4%	$38.81M+1.0%	$38.41M+2.8%	$37.37M-0.3%
Accumulated depreciation	$11.03M-91.4%	$128.53M+1,091%	$10.79M+1.1%	$10.67M+1.2%	$10.55M-91.5%
Operating lease right-of-use assets	4.4%0.0%	4.4%0.0%	4.4%0.0%	4.4%+0.6%	3.8%+0.1%
Goodwill	$28.3M0.0%	$28.3M0.0%	$28.3M0.0%	$28.3M0.0%	$28.3M0.0%
Intangible assets, net	$886K-11.5%	$1M-10.9%	$1.12M-9.7%	$1.24M-8.9%	$1.37M-8.2%
Deferred tax assets	-$1.4M-229%	$1.08M+37.1%	$789K+1.8%	$775K-25.2%	$1.04M+20.3%
Other non-current assets	$158.52M-5.4%	$167.52M+19.1%	$140.6M-3.5%	$145.72M+2.2%	$142.58M-3.4%
Total investment securities	$18.1M0.0%	$18.1M0.0%	$18.1M0.0%	$18.1M+16.1%	$15.59M-3.2%
Available-for-sale securities	$110.74M-5.4%	$117.1M-3.0%	$120.74M-4.9%	$126.93M-0.5%	$127.54M-5.4%
Held-to-maturity securities	$301.01M-2.8%	$309.52M-3.7%	$321.45M-2.4%	$329.3M-2.3%	$336.93M-0.7%
Gross loans	$4.31B+0.7%	$4.28B+1.9%	$4.2B+0.8%	$4.16B+2.3%	$4.07B+0.8%
Allowance for credit losses	$63.72M+0.4%	$63.45M+1.6%	$62.46M+2.1%	$61.16M+1.9%	$60.04M+1.1%
Mortgage servicing rights	$32.23M+2.3%	$31.49M-0.1%	$31.52M-1.7%	$32.05M-0.4%	$32.17M-31.3%
Total assets	$5.56B+0.9%	$5.51B+0.2%	$5.49B+1.4%	$5.42B+1.7%	$5.33B-0.2%
Accrued compensation	——	$645K—	——	——	——
Operating lease liabilities, current	$7.22M-4.1%	$7.53M+12.1%	$6.72M-4.1%	$7M+10.0%	$6.37M+0.4%
Contract liabilities	$0—	$0—	$0—	$0—	$0—
Accrued interest	$14.08M+0.9%	$13.95M-1.4%	$14.16M+1.1%	$14.01M+4.3%	$13.42M-0.3%
Deposits	$4.88B+2.5%	$4.76B-2.0%	$4.86B+4.3%	$4.66B+0.5%	$4.63B-0.4%
Noninterest-bearing deposits	$991.14M-0.1%	$991.98M-1.1%	$1B-0.4%	$1.01B+1.8%	$989.93M-2.3%
Time deposits	$657.04M-0.9%	$662.86M+0.3%	$660.82M+5.2%	$627.99M-1.1%	$635.17M+1.1%
Deferred tax liabilities	——	$94K—	——	——	——
Operating Lease Liabilities (Total)	$7.22M-4.1%	$7.53M+12.1%	$6.72M-4.1%	$7M+10.0%	$6.37M+0.4%
Other non-current liabilities	$99.39M-20.0%	$124.22M+22.5%	$101.36M-6.5%	$108.45M+5.5%	$102.79M-2.0%
Total liabilities	$5.05B+0.9%	$5B0.0%	$5B+1.1%	$4.95B+1.8%	$4.86B-0.5%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	500M0.0%	500M0.0%	500M0.0%	500M0.0%	500M0.0%
Retained earnings	$263.9M+4.4%	$252.79M+5.5%	$239.6M+5.3%	$227.48M+5.3%	$216M+4.9%
Accumulated other comprehensive income (loss)	-$61.02M-5.8%	-$57.69M+4.9%	-$60.63M+13.2%	-$69.89M-4.2%	-$67.08M+4.1%
Total stockholders' equity	$510.55M+1.5%	$502.95M+2.5%	$490.74M+4.6%	$469.25M+0.4%	$467.28M+2.8%
Total liabilities and stockholders' equity	$5.56B+0.9%	$5.51B+0.2%	$5.49B+1.4%	$5.42B+1.7%	$5.33B-0.2%
Available-for-Sale Debt Securities - Amortized Cost	$24.56M+4.8%	$23.45M-4.3%	$24.49M-14.1%	$28.52M-17.1%	$34.41M+33.5%
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	$24.56M+4.8%	$23.45M-4.3%	$24.49M-14.1%	$28.52M-17.1%	$34.41M+33.5%
Available-for-Sale Debt Securities - Fair Value by Maturity	$323.79M-3.9%	$336.97M-1.7%	$342.87M-1.4%	$347.7M-4.4%	$363.52M-1.2%
Available-for-Sale Debt Securities - Fair Value (Maturing Within 1 Year)	$15.49M+15.2%	$13.45M+3.7%	$12.97M+15.4%	$11.24M-2.8%	$11.56M+64.5%
Available-for-Sale Debt Securities - Single Maturity Date	$323.79M-3.9%	$336.97M-1.7%	$342.87M-1.4%	$347.7M-4.4%	$363.52M-1.2%
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	$432.88M-4.7%	$454.04M-1.9%	$462.85M-2.5%	$474.78M-5.1%	$500.36M-5.9%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$432.88M-4.7%	$454.04M-1.9%	$462.85M-2.5%	$474.78M-5.1%	$500.36M-5.9%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$22.63M+139%	$9.45M+7.4%	$8.8M-42.9%	$15.41M+97.4%	$7.8M-10.3%
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)	$22.63M+139%	$9.45M+7.4%	$8.8M-42.9%	$15.41M+97.4%	$7.8M-10.3%
Available-for-Sale Debt Securities - Unrealized Loss Position	$55.8M+8.6%	$51.38M-5.7%	$54.49M-17.4%	$65.94M+8.4%	$60.85M-3.0%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$432.88M-4.7%	$454.04M-1.9%	$462.85M-2.5%	$474.78M-5.1%	$500.36M-5.9%
AFS and Trading Securities - Unrealized Loss Position Fair Value	$455.51M-1.7%	$463.49M-1.7%	$471.66M-3.8%	$490.18M-3.5%	$508.16M-6.0%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$22.63M+139%	$9.45M+7.4%	$8.8M-42.9%	$15.41M+97.4%	$7.8M-10.3%
Cash, Cash Equivalents, and Marketable Securities	$455.51M-1.7%	$463.49M-1.7%	$471.66M-3.8%	$490.18M-3.5%	$508.16M-6.0%
Derivative Assets - Fair Value	$26.97M-8.8%	$29.58M-7.9%	$32.11M-6.1%	$34.19M+1.7%	$33.63M-9.3%
Equipment Installment Plan Receivables, Gross	$4.31B+0.7%	$4.28B+1.9%	$4.2B+0.8%	$4.16B+2.3%	$4.07B+0.8%
Interest-bearing deposits in banks and other financial institutions	$126.44M+46.8%	$86.15M-43.4%	$152.31M+112%	$71.81M+6.3%	$67.58M+7.4%
Financing Receivables	$4.24B+0.7%	$4.21B+1.9%	$4.14B+0.8%	$4.1B+2.3%	$4.01B+0.8%
Loans and Lending Commitments	$4.24B+0.7%	$4.21B+1.9%	$4.14B+0.8%	$4.1B+2.3%	$4.01B+0.8%
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)	$116.87M-4.9%	$122.87M-3.3%	$127.04M-5.9%	$135.01M-1.2%	$136.63M-6.2%
Purchased Credit Deteriorated Loans	$4.24B+0.7%	$4.21B+1.9%	$4.14B+0.8%	$4.1B+2.3%	$4.01B+0.8%
Deferred Tax Assets - Loan Loss Reserves	——	$13.32M—	——	——	——
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$434K-5.7%	$460K0.0%	$460K0.0%	$460K0.0%	$460K+330%
Finite Lived Intangible Assets - Gross	$11.92M0.0%	$11.92M0.0%	$11.92M0.0%	$11.92M0.0%	$11.92M0.0%
Foreclosed Assets	$767K-14.4%	$896K+52.1%	$589K+38.3%	$426K+3.1%	$413K-56.0%
Held-to-Maturity Debt Securities - Fair Value	$52.28M-4.5%	$54.75M-4.5%	$57.34M-0.2%	$57.46M-5.0%	$60.52M-3.2%
Held-to-Maturity Debt Securities - Maturing 1 to 5 Years	$40.4M-14.7%	$47.38M+1.6%	$46.63M-3.4%	$48.27M-3.0%	$49.79M-6.8%
Held-to-Maturity Debt Securities - Maturing 5 to 10 Years	$73.96M-1.9%	$75.35M-8.8%	$82.61M-1.0%	$83.41M-2.6%	$85.66M+2.6%
Held-to-Maturity Debt Securities - Maturing Over 10 Years	$52.28M-4.5%	$54.75M-4.5%	$57.34M-0.2%	$57.46M-5.0%	$60.52M-3.2%
Long-term receivables, net	-$33K-126%	$127K+9.5%	$116K-41.4%	$198K+48.9%	$133K+70.5%
Net Investment in Lease	$7M-4.0%	$7.3M+12.7%	$6.47M-6.2%	$6.9M+14.9%	$6M+0.5%
Bank Owned Life Insurance	$54.07M+0.6%	$53.75M-0.2%	$53.88M+0.5%	$53.59M-0.2%	$53.72M-0.2%
Cash and Due from Banks	$48.48M-7.2%	$52.24M-7.3%	$56.38M-24.2%	$74.35M+22.8%	$60.57M+6.3%
Private debt held-for-investment, at amortized cost, net of valuation allowance – $3 and $4	——	$4.21B—	——	——	——
Intangible assets — net	$886K-11.5%	$1M-10.9%	$1.12M-9.7%	$1.24M-8.9%	$1.37M-8.2%
Other intangible assets—net	$886K-11.5%	$1M-10.9%	$1.12M-9.7%	$1.24M-8.9%	$1.37M-8.2%
Interest-Bearing Deposits in Banks and Other Financial Institutions	$126.44M+46.8%	$86.15M-43.4%	$152.31M+112%	$71.81M+6.3%	$67.58M+7.4%
Operating lease right-of-use assets	$7M-4.0%	$7.3M+12.7%	$6.47M-6.2%	$6.9M+14.9%	$6M+0.5%
Other Assets	$158.52M-5.4%	$167.52M+19.1%	$140.6M-3.5%	$145.72M+2.2%	$142.58M-3.4%
Property, plant and equipment at cost	——	$167.5M—	——	——	——
Fair value of servicing rights	$32.23M+2.3%	$31.49M-0.1%	$31.52M-1.7%	$32.05M-0.4%	$32.17M-31.3%
Operating Lease Right-of-Use Assets in Other Assets	$7M-4.0%	$7.3M+12.7%	$6.47M-6.2%	$6.9M+14.9%	$6M+0.5%
Time Deposit Maturities - After Year Five	——	$17K—	——	——	——
Time Deposit Maturities - Year One	——	$770.12M—	——	——	——
Time Deposit Maturities - Year Two	——	$17.87M—	——	——	——
Time Deposit Maturities - Year Three	——	$2.42M—	——	——	——
Time Deposit Maturities - Year Four	——	$2.05M—	——	——	——
Time Deposit Maturities - Year Five	——	$1.26M—	——	——	——
Derivative Liabilities - Fair Value	$15.58M-20.3%	$19.55M-5.7%	$20.73M-0.1%	$20.75M+11.0%	$18.7M+0.4%
Lease Liability Payments - 2020 (Remaining Three Months)	$1.09M—	——	$343K-50.4%	$691K-31.2%	$1.01M—
Operating Lease Liability Payments - 2024 (Lessee)	$1.29M-3.9%	$1.34M+14.9%	$1.17M+2.7%	$1.14M+6.7%	$1.06M-5.6%
Operating Lease Liability Payments - 2025 (Lessee)	$1.13M-13.1%	$1.3M+16.5%	$1.11M0.0%	$1.11M+28.0%	$869K-7.4%
Lease Liability Payments - Due Year Two	$1.29M-3.9%	$1.34M+14.9%	$1.17M+2.7%	$1.14M+6.7%	$1.06M-5.6%
Lease Liability Payments - Due Year Three	$1.3M+0.5%	$1.29M+16.1%	$1.11M0.0%	$1.11M+9.6%	$1.01M+2.5%
Lease Liability Payments - Due Year Four	$1.13M-13.1%	$1.3M+16.5%	$1.11M0.0%	$1.11M+28.0%	$869K-7.4%
Lease Liability Payments - Remainder of Fiscal Year	$1.34M-9.5%	$1.48M+12.9%	$1.31M+4.2%	$1.26M+4.7%	$1.2M-8.3%
Operating Lease Liability Payments Due	$8.4M-4.4%	$8.79M+11.4%	$7.89M-4.3%	$8.24M+11.8%	$7.37M+0.2%
Operating Lease Liability - Undiscounted Excess Amount	$1.18M-6.3%	$1.26M+7.6%	$1.17M-5.4%	$1.24M+23.5%	$1M-1.3%
Debt Maturity - 1 to 5 Years	$42.38M-14.3%	$49.42M+1.3%	$48.79M-4.7%	$51.22M-3.7%	$53.17M-7.7%
Debt Maturity - 2024	——	$770.12M—	——	——	——
Debt Maturity - 2025	——	$1.26M—	——	——	——
Debt Maturity - 2027	——	$2.42M—	——	——	——
Debt Maturity - 5 to 10 Years	$36.83M-8.9%	$40.45M+5.3%	$38.42M+20.8%	$31.8M-8.2%	$34.63M-12.9%
Debt Maturity - Over 10 Years	$63.04M-1.9%	$64.28M-5.5%	$68.05M-4.4%	$71.2M-1.7%	$72.41M-2.9%
Debt Maturity - Thereafter	——	$17K—	——	——	——
Federal Home Loan Bank Borrowings	——	$77M—	——	——	——
Junior Subordinated Notes	$39.88M0.0%	$39.86M0.0%	$39.85M0.0%	$39.83M0.0%	$39.81M0.0%
Operating Lease Liability Payments - 2027 (Lessee)	$1.3M+15.1%	$1.13M+1.4%	$1.11M0.0%	$1.11M+9.6%	$1.01M+27.9%
Operating Lease Liability Payments - 2028 (Lessee)	$1.13M-13.1%	$1.3M+16.5%	$1.11M0.0%	$1.11M+28.0%	$869K-7.4%
Hybrid debt	$27.01M-64.9%	$77M+3,739%	$2.01M-98.0%	$102.01M+127%	$45.01M0.0%
Total debt	$7.22M-4.1%	$7.53M+12.1%	$6.72M-4.1%	$7M+10.0%	$6.37M+0.4%
Unrecognized Tax Benefits	$200K0.0%	$200K0.0%	$200K0.0%	$200K0.0%	$200K+6.4%
Unrecognized Tax Benefits - Impacting Effective Tax Rate	——	$40K—	——	——	——
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	——	$0—	——	——	——
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$55.65M+8.3%	$51.37M-5.7%	$54.46M-17.3%	$65.85M+8.3%	$60.79M-3.0%
Common Stock Shares Issued	20.6M+0.2%	20.5M-0.7%	20.7M-0.1%	20.7M-1.2%	21M+0.4%
Convertible Preferred Stock Authorized Shares	200K0.0%	200K0.0%	200K0.0%	200K0.0%	200K0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Cumulative Gross Losses and Impairments	$41.93M+5.4%	$39.8M-5.5%	$42.11M-16.3%	$50.33M+0.9%	$49.88M-7.5%
Cumulative Gross Unrealized Gains	$21K-41.7%	$36K-16.3%	$43K+291%	$11K-67.6%	$34K+21.4%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$307.68M-0.1%	$307.85M-1.3%	$311.77M0.0%	$311.65M-2.1%	$318.37M-0.1%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Investments - Gross Unrealized Losses	$455.51M-1.7%	$463.49M-1.7%	$471.66M-3.8%	$490.18M-3.5%	$508.16M-6.0%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	$5M+78.6%	$2.8M-17.6%	$3.4M-17.1%	$4.1M-12.8%	$4.7M+74.1%
Share Price	——	$32.53+5.0%	$30.98-4.4%	$32.41+5.3%	$30.79-11.6%
Unrealized Gains on Investments	$426K-0.9%	$430K+3.6%	$415K+18.6%	$350K-5.9%	$372K+8.5%
Unrealized Losses on Investments (Before Tax)	$55.8M+8.6%	$51.38M-5.7%	$54.49M-17.4%	$65.94M+8.4%	$60.85M-3.0%
Fair Value Measurement Disclosure	$15.58M-20.3%	$19.55M-5.7%	$20.73M-0.1%	$20.75M+11.0%	$18.7M+0.4%
Gross Assets/Liabilities	$15.58M-20.3%	$19.55M-5.7%	$20.73M-0.1%	$20.75M+11.0%	$18.7M+0.4%
Number of Class Action Lawsuits	$30.0%	$3—	——	——	——
Available for sale and loans, pledged to secure other borrowings	——	$2.86B—	——	——	——
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$55.8M+8.6%	$51.38M-5.7%	$54.49M-17.4%	$65.94M+8.4%	$60.85M-3.0%
Gross Unrealized Gains	$426K-0.9%	$430K+3.6%	$415K+18.6%	$350K-5.9%	$372K+8.5%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	$41.5M-7.2%	$44.71M+6.4%	$42.01M+18.9%	$35.33M-9.0%	$38.84M-14.2%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	$36.83M-8.9%	$40.45M+5.3%	$38.42M+20.8%	$31.8M-8.2%	$34.63M-12.9%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$116.87M-4.9%	$122.87M-3.3%	$127.04M-5.9%	$135.01M-1.2%	$136.63M-6.2%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$110.74M-5.4%	$117.1M-3.0%	$120.74M-4.9%	$126.93M-0.5%	$127.54M-5.4%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10	$186.05M-0.5%	$187.03M-3.0%	$192.84M-4.4%	$201.78M+0.6%	$200.62M+1.4%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10	$151.96M-2.7%	$156.21M-2.1%	$159.5M-0.8%	$160.77M-3.9%	$167.35M-0.4%
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost	$368.98M-2.4%	$378.07M-2.2%	$386.38M-3.6%	$400.63M-2.4%	$410.5M-1.0%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	$24.56M+4.8%	$23.45M-4.3%	$24.49M-14.1%	$28.52M-17.1%	$34.41M+33.5%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$24.26M+4.5%	$23.22M-4.1%	$24.22M-14.1%	$28.21M-17.0%	$34M+33.9%
Banking Regulation Capital Conservation Buffer Capital Conserved Minimum	$0.030.0%	$0.030.0%	$0.030.0%	$0.030.0%	$0.030.0%
Pledged securities with book value	——	$17.4M—	——	——	——
Other	——	$3K—	——	——	——
Collateral dependent loans, carrying amount	$19.7M+5.9%	$18.6M-9.7%	$20.6M+15.7%	$17.8M+236%	$5.3M-3.6%
Collateral dependent loans, valuation allowance	$7.1M+4.4%	$6.8M+19.3%	$5.7M+23.9%	$4.6M+24.3%	$3.7M+60.9%
Common stock, no par value (in dollars per share)	$0.00—	$0.00—	$0.00—	$0.00—	$0.00—
Common stock, shares authorized (in shares)	$500M0.0%	$500M0.0%	$500M0.0%	$500M0.0%	$500M0.0%
Common stock, shares issued (in shares)	$20.59M+0.2%	$20.55M-0.7%	$20.69M-0.1%	$20.72M-1.2%	$20.97M+0.4%
Common Stock, Shares, Outstanding	$20.59M+0.2%	$20.55M-0.7%	$20.69M-0.1%	$20.72M-1.2%	$20.97M+0.4%
Contract with Customer, Asset, after Allowance for Credit Loss	$0—	$0—	$0—	$0—	$0—
Contract with Customer, Liability	$0—	$0—	$0—	$0—	$0—
Cost or Amortized Cost	$537.67M-1.7%	$546.86M-1.8%	$556.66M-3.2%	$575.1M-2.6%	$590.16M-5.1%
Available-for-sale securities, allowance for credit loss	$0—	$0—	$0—	$0—	$0—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$55.65M+8.3%	$51.37M-5.7%	$54.46M-17.3%	$65.85M+8.3%	$60.79M-3.0%
Less than 12 months	$22.63M+139%	$9.45M+7.4%	$8.8M-42.9%	$15.41M+97.4%	$7.8M-10.3%
12 months or more	$432.88M-4.7%	$454.04M-1.9%	$462.85M-2.5%	$474.78M-5.1%	$500.36M-5.9%
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$158K+778%	$18K-43.8%	$32K-65.6%	$93K+52.5%	$61K+17.3%
Estimated Fair Value	$482.3M-2.7%	$495.91M-1.3%	$502.58M-1.4%	$509.51M-3.8%	$529.68M-5.3%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$55.8M+8.6%	$51.38M-5.7%	$54.49M-17.4%	$65.94M+8.4%	$60.85M-3.0%
Debt Securities, Available-for-Sale, Unrealized Loss Position	$455.51M-1.7%	$463.49M-1.7%	$471.66M-3.8%	$490.18M-3.5%	$508.16M-6.0%
Accrued Interest, held-to-maturity	$1.6M+6.7%	$1.5M-11.8%	$1.7M0.0%	$1.7M-10.5%	$1.9M+11.8%
Debt securities, held-to-maturity, allowance for credit loss (less than)	$92K0.0%	$92K0.0%	$92K-30.8%	$133K+3.1%	$129K-2.3%
5-10 years	$82.6M-1.1%	$83.56M-8.5%	$91.37M-2.6%	$93.77M-2.7%	$96.39M+1.0%
1-5 years	$42.38M-14.3%	$49.42M+1.3%	$48.79M-4.7%	$51.22M-3.7%	$53.17M-7.7%
Within 1 year	$15.65M+15.3%	$13.58M+3.5%	$13.12M+15.4%	$11.36M-3.3%	$11.74M+66.3%
After 10 years	$63.04M-1.9%	$64.28M-5.5%	$68.05M-4.4%	$71.2M-1.7%	$72.41M-2.9%
Held-to-maturity securities, fair value	$313.36M-2.9%	$322.6M-3.8%	$335.31M-2.5%	$343.98M-2.4%	$352.42M-0.9%
Debt securities, held-to-maturity, transferred unrealized loss	$12.27M-5.5%	$12.98M-5.7%	$13.77M-5.3%	$14.54M-5.3%	$15.37M-5.0%
Deferred Tax Liabilities, Gross	——	$10.94M—	——	——	——
Unrealized loss on securities HTM transferred from AFS	——	$2.73M—	——	——	——
Securities premium amortization	——	$91K—	——	——	——
Derivatives and hedging activities	——	$367K—	——	——	——
Deferred Tax Assets, Gross	——	$35.67M—	——	——	——
Lease liabilities	——	$1.58M—	——	——	——
Loss reimbursement on sold loans reserve	——	$252K—	——	——	——
Non accrual loan interest income	——	$300K—	——	——	——
Other than temporary impairment charge on securities available for sale	——	$147K—	——	——	——
Fixed assets	——	$1.48M—	——	——	——
Reserve for unfunded lending commitments	——	$1.14M—	——	——	——
Incentive compensation	——	$1.84M—	——	——	——
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	——	$1.08M—	——	——	——
Compensation and benefits	——	$645K—	——	——	——
Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross	——	$10.7M—	——	——	——
Capitalized mortgage loan servicing rights	——	$6.61M—	——	——	——
Deferred loan fees	——	$2.26M—	——	——	——
Deferred Tax Liabilities, Other	——	$94K—	——	——	——
Purchase premiums, net	——	$443K—	——	——	——
Lease right of use asset	——	$1.53M—	——	——	——
Derivative, gross, assets	$26.97M-8.8%	$29.58M-7.9%	$32.11M-6.1%	$34.19M+1.7%	$33.63M-9.3%
Derivatives, gross, liabilities	$15.58M-20.3%	$19.55M-5.7%	$20.73M-0.1%	$20.75M+11.0%	$18.7M+0.4%
Unrecognized compensation cost related to non-vested awards	$5M+78.6%	$2.8M-17.6%	$3.4M-17.1%	$4.1M-12.8%	$4.7M+74.1%
Escrow deposit	——	$26.2M—	——	——	——
Federal Home Loan Bank Advances	——	$77M—	——	——	——
FHLB advances borrowing capacity	——	$750M—	——	——	——
Federal Home Loan Bank Advances Interest Rate	——	3.7%—	——	——	——
Accrued interest receivable	$14.08M+0.9%	$13.95M-1.4%	$14.16M+1.1%	$14.01M+4.3%	$13.42M-0.3%
Percent of Loans to Total Portfolio Loans	——	100%—	——	——	——
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)	——	$22.7M—	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$11.03M+1.1%	$10.92M+1.1%	$10.79M+1.1%	$10.67M+1.2%	$10.55M+1.2%
2028	$107K-75.3%	$434K0.0%	$434K0.0%	$434K0.0%	$434K-5.7%
Remainder of 2026	$345K—	——	$122K-49.8%	$243K-33.4%	$365K—
2027	$434K-5.7%	$460K0.0%	$460K0.0%	$460K0.0%	$460K-5.5%
Gross Carrying Amount	$11.92M0.0%	$11.92M0.0%	$11.92M0.0%	$11.92M0.0%	$11.92M0.0%
Number of lives of group flexible premium non-participating variable life insurance contract	——	250—	——	——	——
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss	$41.93M+5.4%	$39.8M-5.5%	$42.11M-16.3%	$50.33M+0.9%	$49.88M-7.5%
Debt Securities, Held-to-maturity, Accumulated Unrecognized Gain	$21K-41.7%	$36K-16.3%	$43K+291%	$11K-67.6%	$34K+21.4%
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date	$203.67M-3.4%	$210.84M-4.7%	$221.32M-2.7%	$227.55M-2.6%	$233.71M-0.4%
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value	$182.12M-4.6%	$190.93M-4.3%	$199.55M-0.4%	$200.38M-3.4%	$207.52M+0.5%
Brokered deposits	$57.22M+207%	$18.66M-89.2%	$173.24M+42.4%	$121.64M+51.1%	$80.51M-26.7%
Time certificates of deposit	$657.04M-0.9%	$662.86M+0.3%	$660.82M+5.2%	$627.99M-1.1%	$635.17M+1.1%
Lessee Operating Lease Liability Payments Due	$8.4M-4.4%	$8.79M+11.4%	$7.89M-4.3%	$8.24M+11.8%	$7.37M+0.2%
2031 and thereafter	$2.26M—	——	$2.84M-3.0%	$2.93M+32.5%	$2.21M—
Lessee Operating Lease Liability Undiscounted Excess Amount	$1.18M-6.3%	$1.26M+7.6%	$1.17M-5.4%	$1.24M+23.5%	$1M-1.3%
Loan commitments to directors and executive officers	——	$1.34M—	——	——	——
Outstanding loan commitments to directors and executive officers	——	$100K—	——	——	——
Loans And Leases Receivable Related Parties	——	$3.88M—	——	——	——
Number of class action complaints	$30.0%	$3—	——	——	——
Maximum number of consecutive quarterly losses recorded for profitability requirement	——	4—	——	——	——
Maximum percentage of decline in net worth for one consecutive quarter	——	25%—	——	——	——
Maximum percentage of decline in net worth for two consecutive quarters	——	40%—	——	——	——
Holdback amount	——	——	——	——	$100K—
Mortgage loan servicing rights sold	——	——	——	——	$931.6M—
Mortgage loan servicing rights sold, capitalized amount	——	——	——	——	$13.1M—
Mortgage loan servicing rights sold, capitalized, percentage	——	——	——	——	41.5%—
Mortgage loan servicing rights sold, percentage	——	——	——	——	26.3%—
Mortgage Loans In Process Of Foreclosure Amount	$2.5M+31.6%	$1.9M-20.8%	$2.4M-11.1%	$2.7M-10.0%	$3M+50.0%
Loans sold and serviced that have had servicing rights capitalized	——	$2.61B—	——	——	——
Number of consecutive payments for mortgage loans missed	40.0%	40.0%	40.0%	40.0%	40.0%
Operating Lease Weighted Average Discount Rate Percent	$0.040.0%	$0.040.0%	$0.040.0%	$0.04+15.8%	$0.04+2.7%
Other repossessed assets	——	$120K—	——	——	——
Percentage of decline in net worth during the period	——	30%—	——	——	——
Percentage of loan portfolio secured by real estate	——	44.3%—	——	——	——
Preferred Stock, Shares Authorized	$200K0.0%	$200K0.0%	$200K0.0%	$200K0.0%	$200K0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Mortgage loans serviced	——	$2.61B—	——	——	——
Reciprocal Demand Deposits	——	$862.7M—	——	——	——
Reciprocal deposits	$1.03B+5.5%	$974.92M-0.6%	$981.12M+7.6%	$911.81M+0.1%	$910.53M+0.4%
Reciprocal deposits included in deposits with no stated maturity	$915.33M+6.1%	$862.7M-0.5%	$867.42M+7.2%	$809.5M+0.8%	$802.94M+0.7%
Reciprocal deposits included in deposits with stated maturity	$113.55M+1.2%	$112.22M-1.3%	$113.69M+11.1%	$102.32M-4.9%	$107.59M-2.0%
Reciprocal Money Market Deposits	——	$0—	——	——	——
Reciprocal Time Deposits	——	$112.22M—	——	——	——
Related party deposit liabilities	——	$3.4M—	——	——	——
Reserve balances held at unrelated financial institutions	——	$100K—	——	——	——
Undivided profits	$232.7M+4.5%	$222.6M+3.5%	$215.1M-9.0%	$236.3M+3.4%	$228.5M+2.9%
Share price (in dollars per share)	——	$32.53+5.0%	$30.98-4.4%	$32.41+5.3%	$30.79-11.6%
Shares issued on deferral basis credited percentage of current value	90%0.0%	90%0.0%	90%0.0%	90%0.0%	90%0.0%
Shareholder equity threshold not exceeded by revenue or taxing authority amount, percentage	——	10%—	——	——	——
Tax credit transfer agreement, income taxes receivable	——	$22.9M—	——	——	——
Tax credit transfer agreement liability	——	$21.1M—	——	——	——
Time Deposit Maturities, Year Four	——	$2.05M—	——	——	——
2027	——	$770.12M—	——	——	——
Time Deposit Maturities, Year Three	——	$2.42M—	——	——	——
Time Deposit Maturities, Year Two	——	$17.87M—	——	——	——
Time Deposits	——	$793.74M—	——	——	——
Aggregate amount of time deposits of $0.25 million or more	——	$223.4M—	——	——	——
Time deposits, denominations amount	——	$250K—	——	——	——
Trust preferred securities	——	$38.6M—	——	——	——
Unrecognized tax benefits	$200K0.0%	$200K0.0%	$200K0.0%	$200K0.0%	$200K+6.4%
Penalties and interest accrued on unrecognized tax benefits	——	$0—	——	——	——
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	$40K—	——	——	——
Remainder of Fiscal Year 2024	$1.09M—	——	$343K-50.4%	$691K-31.2%	$1.01M—
Remainder of Fiscal Year 2025	$345K—	——	$122K-49.8%	$243K-33.4%	$365K—

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Questions, answered.

What are Independent Bank Corporation's total assets?: Independent Bank Corporation (IBCP) holds $5.6B in total assets, up 4.3% year over year.
How much debt does Independent Bank Corporation have?: Independent Bank Corporation carries $7.2M in total debt against $510.6M of shareholders' equity, a debt-to-equity ratio of 0.01.
How much cash does Independent Bank Corporation have?: Independent Bank Corporation holds $174.9M in cash and equivalents.
Where does Independent Bank Corporation's balance sheet data come from?: Every line is extracted from Independent Bank Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.