Independent Bank Corporation IBCP Reciprocal Demand Deposits
Reciprocal Demand Deposits at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept ibcp:ReciprocalDemandDeposits.
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 reciprocal demand deposits?
- Independent Bank Corporation (IBCP) reported reciprocal demand deposits of $862.7M in Q4 2025.
- How has Independent Bank Corporation's reciprocal demand deposits changed year-over-year?
- Independent Bank Corporation's reciprocal demand deposits increased by 8.2% year-over-year, from $797.18M to $862.7M.
- What is the long-term trend for Independent Bank Corporation's reciprocal demand deposits?
- Over 5 years (2020 to 2025), Independent Bank Corporation's reciprocal demand deposits has grown at a 10.9% compound annual growth rate (CAGR), from $515.09M to $862.7M.
- What does reciprocal demand deposits mean?
- This metric tracks demand deposit balances placed through reciprocal deposit networks, where the bank exchanges deposits with other financial institutions to provide customers with expanded insurance coverage. These deposits represent a strategic funding source that balances customer service needs with liquidity management. They are generally viewed as stable, relationship-based funding.