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Independent Bank Corporation IBCP Loss reimbursement on sold loans reserve

Loss reimbursement on sold loans reserve at other companies

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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:DeferredTaxAssetsLossReimbursementOnSoldLoansReserve.

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 loss reimbursement on sold loans reserve?
Independent Bank Corporation (IBCP) reported loss reimbursement on sold loans reserve of $252K in Q4 2025.
How has Independent Bank Corporation's loss reimbursement on sold loans reserve changed year-over-year?
Independent Bank Corporation's loss reimbursement on sold loans reserve decreased by 3.1% year-over-year, from $260K to $252K.
What is the long-term trend for Independent Bank Corporation's loss reimbursement on sold loans reserve?
Over 5 years (2020 to 2025), Independent Bank Corporation's loss reimbursement on sold loans reserve has grown at a 3.3% compound annual growth rate (CAGR), from $214K to $252K.
What does loss reimbursement on sold loans reserve mean?
This metric represents the deferred tax asset associated with reserves for potential loss reimbursements on loans previously sold to third parties. It reflects the future tax benefit expected when these contingent liabilities are settled or the reserve is adjusted. It provides insight into the long-term tax consequences of the bank's mortgage banking and loan sale activities.