INDEPENDENT BANK CORP - MICH (IBCP) Stock Balance Sheet
NASDAQ:IBCP - Nasdaq - US4538386099 - Common Stock - Currency: USD
| 2024 (2024-12-31) | 2023 (2023-12-31) | 2022 (2022-12-31) | 2021 (2021-12-31) | 2020 (2020-12-31) | ||||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash Due From Banks | 39.89M | 47.75M | 49.14M | 35.77M | 39.20M | |||
| Investments | 1.00B | 1.18B | 1.24B | 1.60B | 1.26B | |||
| Net Loans | 3.98B | 3.74B | 3.41B | 2.86B | 2.70B | |||
| Non-Current Assets | ||||||||
| PPE Net | 37.49M | 40.43M | 41.40M | 42.90M | 43.80M | |||
| Goodwill | 28.30M | 28.30M | 28.30M | 28.30M | 28.30M | |||
| Intangibles | 48.28M | 44.25M | 45.00M | 29.60M | 21.20M | |||
| Other Non-Current Assets | N/A | N/A | N/A | 4.30M | N/A | |||
| TOTAL ASSETS | 5.34B | 5.26B | 5.00B | 4.70B | 4.20B | |||
| LIABILITIES | ||||||||
| Total Deposits | 4.65B | 4.62B | 4.38B | 4.12B | 3.64B | |||
| Current Liabilities | ||||||||
| Short Term Borrowings | N/A | N/A | N/A | N/A | 0.00 | |||
| Short Term Debt | N/A | N/A | N/A | N/A | 0.00 | |||
| Accrued Expenses | 104.94M | 107.13M | 108.00M | 80.20M | 68.30M | |||
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | |||
| Total Current Liabilities | 104.94M | 107.13M | 108.00M | 80.20M | 68.30M | |||
| Non-Current Liabilities | ||||||||
| Long Term Debt | 79.38M | 79.26M | 79.10M | 79.00M | 78.80M | |||
| Other Non-Current Liabilities | N/A | N/A | N/A | N/A | N/A | |||
| Total Non-Current Liabilities | 4.78B | 4.75B | 4.54B | 4.23B | 3.75B | |||
| TOTAL LIABILITIES | 4.88B | 4.86B | 4.65B | 4.31B | 3.81B | |||
| SHAREHOLDERS' EQUITY | ||||||||
| Retained Earnings | 205.85M | 159.11M | 119.40M | 74.60M | 40.10M | |||
| Common Shares | 318.78M | 317.48M | 321.00M | 323.40M | 339.40M | |||
| Other Shareholders' Equity | -69.94M | -72.14M | N/A | 501.00K | N/A | |||
| Shares Outstanding | 20.90M | 20.84M | 21.10M | 21.20M | 21.90M | |||
| Tangible Book Value per Share | 18.09 | 15.93 | 13.00 | 16.07 | 15.53 | |||
| Total Shareholders' Equity | 454.69M | 404.45M | 347.60M | 398.50M | 389.50M | |||
| TOTAL LIABILITIES AND EQUITY | 5.34B | 5.26B | 5.00B | 4.70B | 4.20B | |||
| Statistics | ||||||||
| Debt/Equity | 0.17 | 0.20 | 0.23 | 0.20 | 0.20 | |||
| Return On Assets (ROA) | 1.25% | 1.12% | 1.27% | 1.34% | 1.34% | |||
| Return On Equity (ROE) | 14.69% | 14.60% | 18.24% | 15.78% | 14.43% | |||
All data in USD , ROIC based on taxRate of 0.21