Independent Bank Corporation IBCP Independent Bank — Depreciation

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Questions, answered.

What is Independent Bank Corporation's independent bank — depreciation?

Independent Bank Corporation (IBCP) reported independent bank — depreciation of $1.26M in Q1 2026.

How has Independent Bank Corporation's independent bank — depreciation changed year-over-year?

Independent Bank Corporation's independent bank — depreciation increased by 1.8% year-over-year, from $1.24M to $1.26M.

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.