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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.
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 item | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Proceeds from bank-owned life insurance | 861 | 862 |
| Proceeds from the sale of other real estate and repossessed assets | 624 | 937 |
| Proceeds from the sale of property and equipment | 39 | — |
| Capital expenditures | (8,170) | (3,401) |
| Proceeds from the sale of capitalized mortgage loan servicing rights | — | 12,229 |
| Net Cash Used in Investing Activities | (121,589) | (55,075) |
| Cash Flow From Financing Activities | ||
| Net increase in total deposits | 100,451 | 5,271 |
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's capex?
- Independent Bank Corporation (IBCP) reported capex of $3.56M in Q2 2026.
- How has Independent Bank Corporation's capex changed year-over-year?
- Independent Bank Corporation's capex increased by 56.3% year-over-year, from $2.28M to $3.56M.
- What is the long-term trend for Independent Bank Corporation's capex?
- Over 4 years (2021 to 2025), Independent Bank Corporation's capex has grown at a 2.7% compound annual growth rate (CAGR), from $5.84M to $6.49M.
- What does capex mean?
- Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.
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