Skip to content

Independent Bank Corporation IBCP Allowance for credit losses

Allowance for credit losses at other companies

Financial Institutions logo
Financial InstitutionsFISI
$0
Fifth Third Bank logo
Fifth Third BankFITB
$2.92B+22.6%
Huntington Bancshares logo
Huntington BancsharesHBAN
$3.24B+43.3%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$0
Independent Bank Corp logo
Independent Bank CorpINDB
$190.56M+32.2%
Five Star Bancorp logo
Five Star BancorpFSBC
$46.44M+18.4%

Other financials

Income statement

See full
Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

See full
Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

See full
Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

See full
Market cap$733.37M+16.4%
Enterprise value$565.68M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

See full
Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

See full
Return on equity14.3%-0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Independent Bank Corporation's allowance for credit losses.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Independent Bank Corporation's allowance for credit losses?
Independent Bank Corporation (IBCP) reported allowance for credit losses of $63.72M in Q1 2026.
How has Independent Bank Corporation's allowance for credit losses changed year-over-year?
Independent Bank Corporation's allowance for credit losses increased by 6.1% year-over-year, from $60.04M to $63.72M.
What is the long-term trend for Independent Bank Corporation's allowance for credit losses?
Over 5 years (2020 to 2025), Independent Bank Corporation's allowance for credit losses has grown at a 12.4% compound annual growth rate (CAGR), from $35.43M to $63.45M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.