Independent Bank Corporation IBCP Interest-bearing deposits in banks and other financial institutions
Interest-bearing deposits in banks and other financial institutions at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDepositsInBanks.
The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corporation's interest-bearing deposits in banks and other financial institutions?
- Independent Bank Corporation (IBCP) reported interest-bearing deposits in banks and other financial institutions of $126.44M in Q1 2026.
- How has Independent Bank Corporation's interest-bearing deposits in banks and other financial institutions changed year-over-year?
- Independent Bank Corporation's interest-bearing deposits in banks and other financial institutions increased by 87.1% year-over-year, from $67.58M to $126.44M.
- What is the long-term trend for Independent Bank Corporation's interest-bearing deposits in banks and other financial institutions?
- Over 5 years (2020 to 2025), Independent Bank Corporation's interest-bearing deposits in banks and other financial institutions has grown at a 6.6% compound annual growth rate (CAGR), from $62.7M to $86.15M.
- What does interest-bearing deposits in banks and other financial institutions mean?
- These are cash balances held by the company in other financial institutions that generate interest income. This asset class reflects the company's strategy for managing excess cash while maintaining high liquidity. It is a common component of treasury management for large financial services firms.