Independent Bank Corporation IBCP Independent Bank — Provision for Credit Losses
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.
The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corporation's independent bank — provision for credit losses?
- Independent Bank Corporation (IBCP) reported independent bank — provision for credit losses of $362K in Q1 2026.
- How has Independent Bank Corporation's independent bank — provision for credit losses changed year-over-year?
- Independent Bank Corporation's independent bank — provision for credit losses decreased by 49.8% year-over-year, from $721K to $362K.
- What is the long-term trend for Independent Bank Corporation's independent bank — provision for credit losses?
- Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — provision for credit losses has grown at a 4.7% compound annual growth rate (CAGR), from $5.34M to $6.14M.
- What does independent bank — provision for credit losses mean?
- An expense charged to the income statement to maintain the allowance for loan and lease losses at a level adequate to cover expected credit losses. It reflects management's assessment of the credit risk inherent in the current loan portfolio.