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Independent Bank Corporation IBCP Interest 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:InterestExpenseOperating.
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 |
|---|---|---|---|---|
| Interest Expense | ||||
| Deposits | 18,322 | 20,462 | 36,719 | 41,417 |
| Other borrowings and subordinated debt and debentures | 1,070 | 1,801 | 1,987 | 3,305 |
| Total Interest Expense | 19,392 | 22,263 | 38,706 | 44,722 |
| Net Interest Income | 47,902 | 44,615 | 94,757 | 88,300 |
| Provision for credit losses | 2,717 | 1,500 | 3,079 | 2,221 |
| Net Interest Income After Provision for Credit Losses | 45,185 | 43,115 | 91,678 | 86,079 |
| Non-interest Income |
Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20
FAQ
- What is Independent Bank Corporation's interest expense?
- Independent Bank Corporation (IBCP) reported interest expense of $19.39M in Q2 2026.
- How has Independent Bank Corporation's interest expense changed year-over-year?
- Independent Bank Corporation's interest expense decreased by 12.9% year-over-year, from $22.26M to $19.39M.
- What is the long-term trend for Independent Bank Corporation's interest expense?
- Over 4 years (2021 to 2025), Independent Bank Corporation's interest expense has grown at a 81.2% compound annual growth rate (CAGR), from $8.32M to $89.72M.
- What does interest expense mean?
- Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.
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