Independent Bank Corporation IBCP Other repossessed assets
Other repossessed assets 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:OtherForeclosedAssets.
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 repossessed assets?
- Independent Bank Corporation (IBCP) reported other repossessed assets of $120K in Q4 2025.
- How has Independent Bank Corporation's other repossessed assets changed year-over-year?
- Independent Bank Corporation's other repossessed assets increased by 140.0% year-over-year, from $50K to $120K.
- What is the long-term trend for Independent Bank Corporation's other repossessed assets?
- Over 5 years (2020 to 2025), Independent Bank Corporation's other repossessed assets has grown at a 32.0% compound annual growth rate (CAGR), from $30K to $120K.
- What does other repossessed assets mean?
- This metric reports the value of non-real estate assets acquired by the bank through foreclosure or repossession due to loan defaults. It serves as a proxy for the quality of the bank's non-mortgage loan portfolio and the effectiveness of its collection efforts. A rising balance typically signals deteriorating credit quality in the lending book.