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Independent Bank Corporation IBCP Reciprocal Time Deposits

Reciprocal Time Deposits at other companies

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Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:ReciprocalTimeDeposits.

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 time deposits?
Independent Bank Corporation (IBCP) reported reciprocal time deposits of $112.22M in Q4 2025.
How has Independent Bank Corporation's reciprocal time deposits changed year-over-year?
Independent Bank Corporation's reciprocal time deposits increased by 2.2% year-over-year, from $109.81M to $112.22M.
What is the long-term trend for Independent Bank Corporation's reciprocal time deposits?
Over 5 years (2020 to 2025), Independent Bank Corporation's reciprocal time deposits has grown at a 24.3% compound annual growth rate (CAGR), from $37.79M to $112.22M.
What does reciprocal time deposits mean?
This metric measures time deposit balances that are part of a reciprocal deposit arrangement, allowing the bank to offer enhanced insurance to its clients. These deposits contribute to the bank's stable funding base and are often utilized to manage interest rate risk. They reflect the bank's strategy for maintaining liquidity through collaborative banking networks.