Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Independent Bank Corporation, the holding company for Independent Bank and Highpoint Community Bank, announced on July 22, 2026, that, pursuant to the terms of the Agreement and Plan of Merger relating to the Company’s acquisition of HCB Fina…
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.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Independent Bank Corporation, the holding company for Independent Bank and Highpoint Community Bank, announced on July 22, 2026, that, pursuant to the terms of the Agreement and Plan of Merger relating to the Company’s acquisition of HCB Financial Corp., the Board of Directors of Independent Bank Corporation increased its size from 10 to 11 members and appointed Nathan E. Tagg to fill the resulting vacancy. The appointment was made and was effective July 21, 2026.
Mr. Tagg was also appointed to the Boards of Directors of Independent Bank and Highpoint Community Bank and to the Audit Committee of the Independent Bank Corporation Board of Directors. Mr. Tagg will be compensated for his service on the Board of Directors consistent with our other non-employee Directors, as described in the proxy statement filed by the Corporation with the SEC on March 6, 2026. Mr. Tagg previously served on the Boards of Directors of HCB Financial Corp. and Highpoint Community Bank until the Company’s acquisition of HCB Financial Corp. on July 1, 2026.
Mr. Tagg is an attorney and partner with Tripp, Tagg & Storrs, Attorneys, where he has practiced since 2009. Throughout his legal career, he has developed extensive experience advising businesses, organizations, and individuals while building a distinguished record of leadership in governance, healthcare, and community service. He previously served as Chair of the Spectrum Health Pennock Board of Directors and Co-Chair of the Spectrum Health Pennock Hospital Merger Committee. His additional leadership experience includes service on the Barry Community Foundation Investment and Governance Committees, Treasurer of the Barry County Bar Association, and appointment by former Michigan Governor Rick Snyder to the State of Michigan Board of Auctioneers. Mr. Tagg is also actively involved in numerous youth development and community organizations throughout Barry County.