Independent Bank Corporation
Independent Bank Corporation (NASDAQ: IBCP) operates as a bank holding company registered with the Federal Reserve, owning all outstanding stock of Independent Bank, a Michigan-chartered member of the Federal Reserve System with FDIC-insured deposits. The company website is www.IndependentBank.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Independent Bank Corporation does
In the company’s own words
Independent Bank Corporation (NASDAQ: IBCP) operates as a bank holding company registered with the Federal Reserve, owning all outstanding stock of Independent Bank, a Michigan-chartered member of the Federal Reserve System with FDIC-insured deposits. The company website is www.IndependentBank.com.
Independent Bank traces its origins to First National Bank in Ionia, founded in 1864, and has grown through both organic expansion and strategic acquisitions, most recently acquiring Traverse City State Bank in April 2018. The bank serves rural and suburban communities across Lower Michigan through a main office in Grand Rapids and a network of 56 branches, one drive-thru facility, and five Michigan-based loan production offices, plus one loan production facility in Ohio.
The bank provides comprehensive commercial banking services to individuals and businesses, including checking and savings accounts, commercial lending, consumer financing, mortgage lending, and safe deposit box services. As of December 31, 2025, the bank maintained total loans of $4.276 billion and total deposits of $4.762 billion. The company employs 735 full-time employees and 91 part-time employees.
Revenue sources are diversified across interest and fees on loans (75.7% of revenue), other interest income (9.8%), and non-interest income (14.5%). The bank competes with commercial banks, savings banks, credit unions, mortgage banking companies, fintech companies, securities brokerages, insurance companies, and money market mutual funds. While many competitors possess substantially greater resources, Independent Bank differentiates through service quality, convenience, and competitive pricing in its regional markets.
The company offers investment services through a third-party agreement with Cetera Investment Services LLC and provides title insurance services. The bank does not offer trust services. Independent Bank maintains strong capital ratios exceeding regulatory well-capitalized standards and operates under extensive federal and state regulation, including oversight by the Federal Reserve, FDIC, and Michigan Department of Insurance and Financial Services. The company continues to adapt to evolving regulatory requirements while managing credit risk, particularly within its commercial real estate portfolio, which represents approximately 24.7% of total loans.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- GRAND RAPIDS, MI
- Fiscal year end
- December
- CIK
- 39311
- SIC
- 6022
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Independent Bank Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Independent Bank Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Independent Bank Corporation’s bonds, as funds hold them
Funds report holding 1 issues of Independent Bank Corporation’s debt, $32.71M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.25%, maturing 2035 to 2035.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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