Independent Bank Corporation IBCP Brokered deposits
Brokered deposits at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDomesticDepositBrokered.
The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
Ask your AI about Independent Bank Corporation's brokered deposits.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Independent Bank Corporation's brokered deposits?
- Independent Bank Corporation (IBCP) reported brokered deposits of $57.22M in Q1 2026.
- How has Independent Bank Corporation's brokered deposits changed year-over-year?
- Independent Bank Corporation's brokered deposits decreased by 28.9% year-over-year, from $80.51M to $57.22M.
- What is the long-term trend for Independent Bank Corporation's brokered deposits?
- Over 5 years (2020 to 2025), Independent Bank Corporation's brokered deposits has grown at a -30.3% compound annual growth rate (CAGR), from $113.83M to $18.66M.
- What does brokered deposits mean?
- Represents interest-bearing deposits obtained through third-party intermediaries or brokers rather than directly from the bank's retail or commercial customers. While these provide quick access to liquidity, they are often considered more rate-sensitive and less stable than core deposits. High reliance on brokered deposits can indicate funding pressures or aggressive growth strategies.