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INDEPENDENT BANK CORP /MI/
CIK 39311Updated Nov 2, 2026
SecurityIBCP · NASDAQ · equity
IBCP price & chart
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NASDAQ:IBCP on TradingView ↗About the company
Independent Bank Corporation (NASDAQ: IBCP) is a Grand Rapids, Michigan-based bank holding company and the parent company of Independent Bank and, as of July 1, 2026, Highpoint Community Bank. Independent Bank Corporation has total assets of approximately $6.3 billion and operates from 66 locations across Michigan’s Lower Peninsula. Founded in 1864 as First National Bank of Ionia, Independent Bank provides a full range of financial services, including commercial banking, consumer banking, mortgage lending, and investment services. Independent Bank expects to complete the full system integration of Highpoint Community Bank’s operations on November 9, 2026. Until conversion, customers of Highpoint Community Bank should continue using their existing Highpoint Community Bank branches, checks, bank cards, online and mobile banking, and other banking services as usual.
In the news
Independent Bank Corporation Reports 2026 Second Quarter Earnings of $0.90 per Diluted Share ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
144 filing
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Other Events
Items 8.01
Other Events
Items 8.01, 9.01
144 filing
424B3 filing
EFFECT filing
Financials
FY 2025 · USDSource
Source
Source
Source
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 5,493,113,000Source | 5,259,268,000Source | 5,663,841,000Source | 5,418,519,000Source | 5,277,500,000Source | 5,557,509,000Source | 5,328,428,000Source | 5,231,255,000Source | 5,505,720,000Source | 5,338,104,000Source | 5,263,726,000Source | 4,999,787,000Source |
| Property, Plant and Equipment, NetUSD | 38,805,000Source | 35,250,000Source | 44,549,000Source | 38,409,000Source | 35,041,000Source | 42,319,000Source | 37,369,000Source | 34,587,000Source | 38,972,000Source | 37,492,000Source | 35,523,000Source | 35,893,000Source |
| GoodwillUSD | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,123,000Source | 1,617,000Source | 771,000Source | 1,244,000Source | 1,746,000Source | 886,000Source | 1,366,000Source | 1,875,000Source | 1,001,000Source | 1,488,000Source | 2,004,000Source | 2,551,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 208,686,000Source | 121,560,000Source | 165,450,000Source | 146,159,000Source | 214,348,000Source | 174,915,000Source | 128,145,000Source | 161,844,000Source | 138,387,000Source | 119,882,000Source | 169,781,000Source | 74,371,000Source |
| Operating Lease, Right-of-Use AssetUSD | 6,473,000Source | 6,403,000Source | 6,805,000Source | 6,900,000Source | 6,692,000Source | 7,003,000Source | 6,003,000Source | 6,744,000Source | 7,296,000Source | 5,971,000Source | 4,911,000Source | 5,544,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 5,002,371,000Source | 4,806,899,000Source | 5,135,428,000Source | 4,949,269,000Source | 4,847,041,000Source | 5,046,956,000Source | 4,861,151,000Source | 4,815,685,000Source | 5,002,769,000Source | 4,883,418,000Source | 4,859,277,000Source | 4,652,191,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 311,770,000Source | 318,216,000Source | 307,820,000Source | 311,653,000Source | 317,676,000Source | 307,679,000Source | 318,365,000Source | 317,099,000Source | 307,845,000Source | 318,777,000Source | 317,483,000Source | 320,991,000Source |
| Retained Earnings (Accumulated Deficit)USD | 239,602,000Source | 192,405,000Source | 276,934,000Source | 227,484,000Source | 183,611,000Source | 263,898,000Source | 215,995,000Source | 170,100,000Source | 252,794,000Source | 205,853,000Source | 159,108,000Source | 119,368,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -60,630,000Source | -58,252,000Source | -56,341,000Source | -69,887,000Source | -70,828,000Source | -61,024,000Source | -67,083,000Source | -71,629,000Source | -57,688,000Source | -69,944,000Source | -72,142,000Source | -92,763,000Source |
| Stockholders' Equity Attributable to ParentUSD | 490,742,000Source | 452,369,000Source | 528,413,000Source | 469,250,000Source | 430,459,000Source | 510,553,000Source | 467,277,000Source | 415,570,000Source | 502,951,000Source | 454,686,000Source | 404,449,000Source | 347,596,000Source |
| Liabilities and EquityUSD | 5,493,113,000Source | 5,259,268,000Source | 5,663,841,000Source | 5,418,519,000Source | 5,277,500,000Source | 5,557,509,000Source | 5,328,428,000Source | 5,231,255,000Source | 5,505,720,000Source | 5,338,104,000Source | 5,263,726,000Source | 4,999,787,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 688,000Source | 758,000Source | 2,716,000Source | 2,332,000Source | 2,229,000Source | 2,143,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -3,531,000Source | -1,248,000Source | 215,000Source | -359,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -9,157,000Source | 19,252,000Source | 76,662,000Source | 63,151,000Source | 75,589,000Source | 94,632,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -16,695,000Source | 15,781,000Source | -122,497,000Source | -118,159,000Source | -162,945,000Source | -424,592,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 4,609,000Source | 1,122,000Source | 6,494,000Source | 7,950,000Source | 6,024,000Source | 5,679,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 854,000Source | 1,137,000Source | 1,215,000Source | 1,051,000Source | 650,000Source | 620,000Source |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 0Source | 33,000Source | 12,433,000Source | 0Source | 5,157,000Source | 4,010,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 62,380,000Source | -26,770,000Source | 64,340,000Source | 5,109,000Source | 182,766,000Source | 294,858,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 208,686,000Source | 121,560,000Source | 165,450,000Source | 146,159,000Source | 174,915,000Source | 128,145,000Source | 138,387,000Source | 119,882,000Source | 169,781,000Source | 74,371,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 18,932,000Source | 21,576,000Source | 90,939,000Source | 103,953,000Source | 79,101,000Source | 17,657,000Source |
| Additional Financial Items | ||||||||||||
| AmortizationUSD | — | — | 121,000Source | 129,000Source | 115,000Source | 122,000Source | 115,000Source | 122,000Source | 487,000Source | 516,000Source | — | — |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 500,000Source | 500,000Source | 500,000Source | 800,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 288,000Source | 197,000Source | 356,000Source | 296,000Source | 322,000Source | 296,000Source | 1,187,000Source | 834,000Source | 474,000Source | 360,000Source |
| DepreciationUSD | — | — | 1,125,000Source | 1,283,000Source | 1,318,000Source | 1,356,000Source | 1,263,000Source | 1,241,000Source | 4,993,000Source | 5,188,000Source | 5,200,000Source | 5,300,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | — | — | — | 2,372,000Source | 2,352,000Source | 9,906,000Source | 10,005,000Source | 10,019,000Source | 10,827,000Source |
| Equipment ExpenseUSD | — | — | 892,000Source | 932,000Source | 927,000Source | 793,000Source | 894,000Source | 885,000Source | 3,467,000Source | 3,762,000Source | 3,756,000Source | 4,007,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | -8,000Source | 1,600,000Source | 0Source | — | — | 0Source | 2,685,000Source | — | — |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 2,032,000Source | 1,510,000Source | 2,321,000Source | 1,496,000Source | 540,000Source | 724,000Source | 5,676,000Source | 5,618,000Source | 3,221,000Source | 5,173,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 1,474,000Source | 2,177,000Source | 1,651,000Source | 1,631,000Source | 1,308,000Source | 2,303,000Source | 6,780,000Source | 6,579,000Source | 7,436,000Source | 6,431,000Source |
| GoodwillUSD | — | — | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source | 28,300,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,674,000Source | 3,481,000Source | 3,905,000Source | 3,801,000Source | 3,355,000Source | 3,536,000Source | 12,750,000Source | 16,256,000Source | 14,609,000Source | 14,437,000Source |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | -36,000Source | -145,000Source | -90,000Source | 11,000Source | -26,000Source | -330,000Source | -370,000Source | -428,000Source | -222,000Source | -275,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 17,502,000Source | 13,810,000Source | 18,805,000Source | 16,877,000Source | 16,875,000Source | 15,590,000Source | 68,541,000Source | 66,790,000Source | 59,067,000Source | 63,351,000Source |
| Other Interest and Dividend IncomeUSD | — | — | 1,538,000Source | 2,018,000Source | 826,000Source | 774,000Source | 1,044,000Source | 1,570,000Source | 4,956,000Source | 6,208,000Source | 5,429,000Source | 884,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | 13,000Source | 70,000Source | 77,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 14,716,000Source | 11,105,000Source | 69,591,000Source | 81,092,000Source | 122,806,000Source | 167,550,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 1,991,000Source | 1,488,000Source | 2,717,000Source | 1,500,000Source | 362,000Source | 721,000Source | 6,135,000Source | 4,468,000Source | 6,210,000Source | 5,341,000Source |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded | — | — | —Source | —Source | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 8,920,000Source | 8,836,000Source | 8,204,000Source | 7,878,000Source | 7,588,000Source | 7,342,000Source | 32,075,000Source | 31,979,000Source | 32,903,000Source | 31,643,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 21,176,000Source | 17,291,000Source | 22,710,000Source | 20,678,000Source | 20,230,000Source | 19,126,000Source | 81,291,000Source | 83,046,000Source | 73,676,000Source | 77,788,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,674,000Source | 3,481,000Source | 3,905,000Source | 3,801,000Source | 3,355,000Source | 3,536,000Source | 12,750,000Source | 16,256,000Source | 14,609,000Source | 14,437,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 17,502,000Source | 13,810,000Source | 18,805,000Source | 16,877,000Source | 16,875,000Source | 15,590,000Source | 68,541,000Source | 66,790,000Source | 59,067,000Source | 63,351,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.85Source | 0.66Source | 0.91Source | 0.81Source | 0.82Source | 0.74Source | 3.3Source | 3.2Source | 2.82Source | 3Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.84Source | 0.65Source | 0.9Source | 0.81Source | 0.81Source | 0.74Source | 3.27Source | 3.16Source | 2.79Source | 2.97Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 20,702,000Source | 20,896,000Source | 20,604,000Source | 20,750,000Source | 20,575,000Source | 20,943,000Source | 20,758,000Source | 20,892,000Source | 20,976,000Source | 21,096,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 500,000Source | 500,000Source | 500,000Source | 800,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 288,000Source | 197,000Source | 356,000Source | 296,000Source | 322,000Source | 296,000Source | 1,187,000Source | 834,000Source | 474,000Source | 360,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.26Source | 0.24Source | 0.28Source | 0.26Source | 0.28Source | 0.26Source | 1.04Source | 0.96Source | 0.92Source | 0.88Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 16,281,000Source | 17,504,000Source | 14,394,000Source | 14,796,000Source |
| Equipment ExpenseUSD | — | — | 892,000Source | 932,000Source | 927,000Source | 793,000Source | 894,000Source | 885,000Source | 3,467,000Source | 3,762,000Source | 3,756,000Source | 4,007,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | -8,000Source | 1,600,000Source | 0Source | — | — | 0Source | 2,685,000Source | — | — |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 2,032,000Source | 1,510,000Source | 2,321,000Source | 1,496,000Source | 540,000Source | 724,000Source | 5,676,000Source | 5,618,000Source | 3,221,000Source | 5,173,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 83,348,000Source | 19,447,000Source |
| InterestExpenseOperatingUSD | — | — | 23,929,000Source | 26,480,000Source | 19,392,000Source | 22,263,000Source | 19,314,000Source | 22,459,000Source | 89,722,000Source | 100,528,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 45,361,000Source | 41,854,000Source | 47,902,000Source | 44,615,000Source | 46,855,000Source | 43,685,000Source | 180,015,000Source | 166,248,000Source | 156,329,000Source | 149,561,000Source |
| Labor and Related ExpenseUSD | — | — | 21,125,000Source | 20,048,000Source | 22,560,000Source | 21,123,000Source | 21,829,000Source | 20,383,000Source | 85,194,000Source | 84,955,000Source | 78,965,000Source | 81,007,000Source |
| Other Interest and Dividend IncomeUSD | — | — | 1,538,000Source | 2,018,000Source | 826,000Source | 774,000Source | 1,044,000Source | 1,570,000Source | 4,956,000Source | 6,208,000Source | 5,429,000Source | 884,000Source |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Business Combination, Acquisition Related Costs | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded | — | — | —Source | —Source | — | — | — | — | — | — | — | — |
Offerings
Registration 333-295489
Filing attachments
ibcp-20261027ex991.htm · 8-K · 2026-10-27
Exhibit 99.1 NEWS RELEASE Independent Bank Corporation 98 Ottawa Ave NW Grand Rapids, MI 49503 616.527.5820 For Release: Immediately Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929 INDEPENDENT BANK CORPORATION REPORTS 2026 THIRD QUARTER EARNINGS OF $0.80 PER DILUTED SHARE GRAND RAPIDS, Mich., October 27, 2026 - Independent Bank Corporation (NASDAQ: IBCP) reported third quarter 2026 net …
Read attachment ↗ibcp-20261027ex992.htm · 8-K · 2026-10-27
Exhibit 99.2 INDEPENDENT BANK CORPORATION AND SUBSIDIARIES Supplemental Data Non-performing assets September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────…
Read attachment ↗ibcp-20260723ex991.htm · 8-K · 2026-07-23
EX-99.1 2 ibcp-20260723ex991.htm EX-99.1 Document Exhibit 99.1 NEWS RELEASE Independent Bank Corporation 4200 East Beltline Grand Rapids, MI 49525 616.527.5820 For Release: Immediately Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929 INDEPENDENT BANK CORPORATION REPORTS 2026 SECOND QUARTER EARNINGS OF $0.90 PER DILUTED SHARE GRAND RAPIDS, Mich., July 23, 2026 - Independent Bank Corp…
Read attachment ↗ibcp-20260723ex992.htm · 8-K · 2026-07-23
EX-99.2 3 ibcp-20260723ex992.htm EX-99.2 Document Exhibit 99.2 INDEPENDENT BANK CORPORATION AND SUBSIDIARIES Supplemental Data Non-performing assets June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────…
Read attachment ↗ny20070896x1_ex107.htm · S-4 · 2026-05-01
Exhibit 107 CALCULATION OF FILING FEE TABLE Form S-4 (Form Type) INDEPENDENT BANK CORPORATION (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered(1) Proposed Maximum Offering Price Per Unit(2) Maximum Aggregate Fee Rate Amount of Registration Fee …
Read attachment ↗