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Independent Bank Corporation IBCP Available for sale and loans, pledged to secure other borrowings

Available for sale and loans, pledged to secure other borrowings at other companies

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BKBK
$364B+19.7%

Other financials

Income statement

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Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

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Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

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Market cap$733.37M+16.4%
Enterprise value$565.68M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

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Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

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Return on equity14.3%-0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept ibcp:AssetsPledgedAsCollateral.

The official record: Independent Bank Corporation’s 10-K, filed March 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corporation's available for sale and loans, pledged to secure other borrowings?
Independent Bank Corporation (IBCP) reported available for sale and loans, pledged to secure other borrowings of $2.86B in Q4 2025.
How has Independent Bank Corporation's available for sale and loans, pledged to secure other borrowings changed year-over-year?
Independent Bank Corporation's available for sale and loans, pledged to secure other borrowings increased by 14.4% year-over-year, from $2.5B to $2.86B.
What is the long-term trend for Independent Bank Corporation's available for sale and loans, pledged to secure other borrowings?
Over 5 years (2020 to 2025), Independent Bank Corporation's available for sale and loans, pledged to secure other borrowings has grown at a 8.5% compound annual growth rate (CAGR), from $1.9B to $2.86B.
What does available for sale and loans, pledged to secure other borrowings mean?
This metric tracks the book value of investment securities and loan portfolios that have been encumbered to secure specific borrowings or public fund deposits. High levels of pledged assets indicate a reduction in the bank's unencumbered liquidity buffer.