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Independent Bank Corporation IBCP Other than temporary impairment charge on securities available for sale

Other than temporary impairment charge on securities available for sale at other companies

Progressive logo
ProgressivePGR
$0
Progressive logo
ProgressivePGR
$250K0.0%
Progressive logo
ProgressivePGR
$250K0.0%
Flagstar Bank
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Flagstar Bank FLG
$133M-24.9%
International Bancshares logo
International BancsharesIBOC
$19K0.0%
Kemper logo
KemperKMPR
$275K-66.7%

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$733.17M+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:DeferredTaxAssetsOtherThanTemporaryImpairmentChargeOnSecuritiesAvailableForSale.

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 other than temporary impairment charge on securities available for sale?
Independent Bank Corporation (IBCP) reported other than temporary impairment charge on securities available for sale of $147K in Q4 2025.
How has Independent Bank Corporation's other than temporary impairment charge on securities available for sale changed year-over-year?
Independent Bank Corporation's other than temporary impairment charge on securities available for sale increased by 0.7% year-over-year, from $146K to $147K.
What is the long-term trend for Independent Bank Corporation's other than temporary impairment charge on securities available for sale?
Over 5 years (2020 to 2025), Independent Bank Corporation's other than temporary impairment charge on securities available for sale has grown at a 0.4% compound annual growth rate (CAGR), from $144K to $147K.
What does other than temporary impairment charge on securities available for sale mean?
This metric captures the deferred tax asset related to other-than-temporary impairment (OTTI) charges previously recognized on available-for-sale securities. It reflects the tax-effected recovery or adjustment of these impairment charges over time. It is a key metric for understanding the historical credit quality of the investment portfolio and its ongoing tax impact.