Independent Bank Corporation IBCP Lease right of use asset
Lease right of use asset at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept ibcp:DeferredTaxLiabilityLeaseRightOfUseAsset.
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 lease right of use asset?
- Independent Bank Corporation (IBCP) reported lease right of use asset of $1.53M in Q4 2025.
- How has Independent Bank Corporation's lease right of use asset changed year-over-year?
- Independent Bank Corporation's lease right of use asset increased by 22.2% year-over-year, from $1.25M to $1.53M.
- What is the long-term trend for Independent Bank Corporation's lease right of use asset?
- Over 5 years (2020 to 2025), Independent Bank Corporation's lease right of use asset has grown at a -0.9% compound annual growth rate (CAGR), from $1.61M to $1.53M.
- What does lease right of use asset mean?
- This represents the lessee's right to use an underlying asset for the lease term, recognized at the commencement date of a lease. It reflects the bank's commitment to future lease payments for properties or equipment used in operations. Monitoring this helps investors understand the bank's operational footprint and long-term fixed lease obligations.