Skip to content

Independent Bank Corporation IBCP Reciprocal Demand Deposits

Reciprocal Demand Deposits at other companies

Peapack-Gladstone Financial logo
Peapack-Gladstone FinancialPGC
$2.18B+24.6%
Republic Bancorp logo
Republic BancorpRBCAA
$68.69M-7.6%
Peapack-Gladstone Financial logo
Peapack-Gladstone FinancialPGC
$81.8M-19.6%
First Financial Corporation logo
First Financial CorporationTHFF
$135.04M-7.3%
Republic Bancorp logo
Republic BancorpRBCAA
$252.77M+10.5%
First Merchants Corporation logo
First Merchants CorporationFRME
-$293.18M-488%

Other financials

Income statement

See full
Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

See full
Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

See full
Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

See full
Market cap$733.17M+16.4%
Enterprise value$565.47M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

See full
Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

See full
Return on equity14.3%-0.8pp
Debt / equity0.0×

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 →

Ask your AI about Independent Bank Corporation's reciprocal demand deposits.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

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.