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Independent Bank Corporation IBCP Independent Bank — Compensation and employee benefits
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 | Independent Bank | Other(1) | Eliminations | Total |
|---|---|---|---|---|
| Other | 2,879 | 317 | (249) | 2,947 |
| Total Non-interest Income | 15,189 | 317 | (172) | 15,334 |
| NON-INTEREST EXPENSE | ||||
| Compensation and employee benefits | 22,456 | 146 | (42) | 22,560 |
| Data processing | 4,130 | 22 | — | 4,152 |
| Occupancy, net | 2,067 | 6 | — | 2,073 |
| Litigation expense | 350 | — | — | 350 |
| Interchange expense | 1,224 | — | — | 1,224 |
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's independent bank — compensation and employee benefits?
- Independent Bank Corporation (IBCP) reported independent bank — compensation and employee benefits of $22.46M in Q2 2026.
- How has Independent Bank Corporation's independent bank — compensation and employee benefits changed year-over-year?
- Independent Bank Corporation's independent bank — compensation and employee benefits increased by 6.8% year-over-year, from $21.02M to $22.46M.
- What is the long-term trend for Independent Bank Corporation's independent bank — compensation and employee benefits?
- Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — compensation and employee benefits has grown at a 1.8% compound annual growth rate (CAGR), from $80.47M to $84.8M.
- What does independent bank — compensation and employee benefits mean?
- Total costs related to salaries, wages, bonuses, and employee benefit programs for staff within the banking segment. As the largest component of noninterest expense, it reflects the bank's investment in human capital and operational scale.
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