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Independent Bank Corporation IBCP Independent Bank — Mortgage loan servicing, net
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept ibcp:MortgageLoanServicingIncome.
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 | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Mortgage loans | 1,651 | 1,631 | 2,959 | 3,934 |
| Equity securities at fair value | 1,600 | — | 1,600 | — |
| Securities available for sale | (90) | 11 | (116) | (319) |
| Mortgage loan servicing, net | 2,460 | 490 | 4,106 | (146) |
| Other | 3,037 | 2,822 | 5,988 | 5,968 |
| Total Non-interest Income | 15,334 | 11,325 | 27,382 | 21,749 |
| Non-interest Expense | ||||
| Compensation and employee benefits | 22,560 | 21,123 | 44,389 | 41,506 |
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's independent bank — mortgage loan servicing, net?
- Independent Bank Corporation (IBCP) reported independent bank — mortgage loan servicing, net of $2.46M in Q2 2026.
- How has Independent Bank Corporation's independent bank — mortgage loan servicing, net changed year-over-year?
- Independent Bank Corporation's independent bank — mortgage loan servicing, net increased by 402.0% year-over-year, from $490K to $2.46M.
- What is the long-term trend for Independent Bank Corporation's independent bank — mortgage loan servicing, net?
- Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — mortgage loan servicing, net has grown at a -64.7% compound annual growth rate (CAGR), from $18.77M to $827K.
- What does independent bank — mortgage loan servicing, net mean?
- Net income derived from the contractual obligation to collect mortgage payments, manage escrow accounts, and handle customer service for mortgage loans. This represents a recurring fee-based revenue stream that is distinct from loan origination gains.
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