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Independent Bank Corporation IBCP Independent Bank — Depreciation
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
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 |
|---|---|---|---|---|
| Total Non-interest Expense | 36,981 | 870 | (42) | 37,809 |
| Income Before Income Tax | 23,988 | (1,232) | (46) | 22,710 |
| Income tax expense | 4,126 | (211) | (10) | 3,905 |
| Net Income | $19,862 | $(1,021) | $(36) | $18,805 |
| OTHER SEGMENT DISCLOSURES | ||||
| Depreciation | 1,318 | — | — | 1,318 |
| Amortization | 115 | — | — | 115 |
| Total assets | 5,656,124 | 603,759 | (596,042) | 5,663,841 |
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's independent bank — depreciation?
- Independent Bank Corporation (IBCP) reported independent bank — depreciation of $1.32M in Q2 2026.
- How has Independent Bank Corporation's independent bank — depreciation changed year-over-year?
- Independent Bank Corporation's independent bank — depreciation decreased by 2.8% year-over-year, from $1.36M to $1.32M.
- What is the long-term trend for Independent Bank Corporation's independent bank — depreciation?
- Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — depreciation has grown at a -2.1% compound annual growth rate (CAGR), from $5.32M to $4.99M.
- What does independent bank — depreciation mean?
- This represents the systematic allocation of the cost of tangible assets, such as bank branches and equipment, over their estimated useful lives. It reflects the non-cash expense associated with the wear and tear of physical infrastructure used to support banking operations.
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