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Independent Bank Corporation IBCP Independent Bank — Litigation expense
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:LossContingencyLossInPeriod.
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 |
|---|---|---|---|---|
| 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 |
| Furniture, fixtures and equipment | 926 | 1 | — | 927 |
| Advertising | 1,177 | 3 | — | 1,180 |
| FDIC deposit insurance | 738 | — | — | 738 |
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's independent bank — litigation expense?
- Independent Bank Corporation (IBCP) reported independent bank — litigation expense of $350K in Q2 2026.
- What does independent bank — litigation expense mean?
- Costs related to legal fees, settlements, and judgments arising from legal disputes or regulatory actions. This metric serves as an indicator of operational risk and the potential for non-recurring financial impact.
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