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Independent Bank Corporation IBCP Securities premium amortization

Securities premium amortization at other companies

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$949K-18.6%
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$703K+19.8%
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$48K-59.0%
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-$63K-170%
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$173K+424%
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$112K-11.1%

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$733.17M+16.4%
Enterprise value$565.47M+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:DeferredTaxAssetSecuritiesPremiumAmortization.

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 securities premium amortization?
Independent Bank Corporation (IBCP) reported securities premium amortization of $91K in Q4 2025.
How has Independent Bank Corporation's securities premium amortization changed year-over-year?
Independent Bank Corporation's securities premium amortization decreased by 89.0% year-over-year, from $831K to $91K.
What is the long-term trend for Independent Bank Corporation's securities premium amortization?
Over 4 years (2021 to 2025), Independent Bank Corporation's securities premium amortization has grown at a -30.3% compound annual growth rate (CAGR), from $386K to $91K.
What does securities premium amortization mean?
This represents the deferred tax asset or liability arising from the difference between the financial statement amortization of bond premiums and the tax-basis amortization method. It reflects the timing differences in how the bank recognizes the cost of premium-priced securities over their life. This is a technical metric used to reconcile the bank's investment income reporting with its tax filings.