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Independent Bank Corporation IBCP Collateral dependent loans, valuation allowance
Collateral dependent loans, valuation allowance at other companies
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept ibcp:CollateralDependentLoansValuationAllowance.
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
- Loans that are individually evaluated using the fair value of collateral for collateral dependent loans had a carrying amount of $16.7 million, which is net of a valuation allowance of $9.3 million at June 30, 2026, and had a carrying amount of $18.6 million, which is net of a valuation allowance of $6.8 million at December 31, 2025. The provision for credit losses included in our results of operations relating to collateral dependent loans was a net expense of $3.4 million and $1.1 million for the three month periods ending June 30, 2026 and 2025, respectively, and a net expense of $3.9 million and $2.3 million for the six month periods ending June 30, 2026 and 2025, respectively.
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's collateral dependent loans, valuation allowance?
- Independent Bank Corporation (IBCP) reported collateral dependent loans, valuation allowance of $9.3M in Q2 2026.
- How has Independent Bank Corporation's collateral dependent loans, valuation allowance changed year-over-year?
- Independent Bank Corporation's collateral dependent loans, valuation allowance increased by 102.2% year-over-year, from $4.6M to $9.3M.
- What is the long-term trend for Independent Bank Corporation's collateral dependent loans, valuation allowance?
- Over 5 years (2020 to 2025), Independent Bank Corporation's collateral dependent loans, valuation allowance has grown at a 30.5% compound annual growth rate (CAGR), from $1.8M to $6.8M.
- What does collateral dependent loans, valuation allowance mean?
- Collateral dependent loans, valuation allowance as reported by Independent Bank Corp..
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