Independent Bank Corporation IBCP FDIC assessments
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corporation's FDIC assessments?
- Independent Bank Corporation (IBCP) reported FDIC assessments of $799K in Q1 2026.
- How has Independent Bank Corporation's FDIC assessments changed year-over-year?
- Independent Bank Corporation's FDIC assessments increased by 12.4% year-over-year, from $711K to $799K.
- What is the long-term trend for Independent Bank Corporation's FDIC assessments?
- Over 4 years (2021 to 2025), Independent Bank Corporation's FDIC assessments has grown at a 19.3% compound annual growth rate (CAGR), from $1.4M to $2.82M.
- What does FDIC assessments mean?
- These are the mandatory insurance premiums paid to the Federal Deposit Insurance Corporation to protect customer deposits. This expense is a regulatory requirement that scales with the size and risk profile of the bank's deposit base.