Balance Sheet - INDEPENDENT BANK CORP /MI/ (IBCP)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 161.61 | 145.27 | 849.13 | 853.72 | 1,522.30 | 1,190.86 | 584.05 | 498.77 | 580.40 | 699.40 | 683.13 | 620.76 | 599.56 | 388.20 | 498.55 | 721.82 | 512.26 | 57.71 | 79.29 | 73.14 |
| Accounts receivable, net | 19.03 | 128.90 | 66.14 | 62.46 | 42.75 | 34.87 | 29.55 | 35.63 | 7.23 | 7.24 | 7.72 | 18.45 | 29.30 | 67.82 | 5.42 | |||||
| Inventories | -91.34 | -122.58 | -131.79 | -77.63 | 1.30 | 1.64 | 26.37 | 23.73 | 23.59 | 22.56 | 22.16 | 44.80 | 89.51 | 65.77 | 47.60 | 43.68 | 35.00 | |||
| Other current assets | -19.03 | 189.39 | 91.34 | 122.58 | 131.79 | 77.63 | 2,296.44 | 1,599.59 | 1,120.74 | 1,051.52 | 1,003.09 | 1,051.66 | 9.45 | 12.61 | 15.90 | 22.05 | 2,566.99 | 2,677.03 | 2,797.42 | |
| Total current assets | 161.61 | 145.27 | 849.13 | 982.62 | 1,588.44 | 1,253.32 | 626.81 | 2,830.07 | 2,209.54 | 1,882.15 | 1,765.62 | 1,654.67 | 607.28 | 416.09 | 540.46 | 469.09 | 316.20 | 57.71 | 79.29 | 73.14 |
| Total non-current assets | 5,344.12 | 5,192.84 | 4,414.60 | 4,017.17 | 1,507.10 | 1,157.80 | 609.61 | 523.21 | 579.81 | 666.80 | 643.45 | 594.06 | 1,602.67 | 1,607.78 | 1,766.95 | 2,066.16 | 2,649.16 | 2,898.54 | 3,168.23 | 3,356.76 |
| Total assets | 5,505.72 | 5,338.10 | 5,263.73 | 4,999.79 | 4,704.74 | 4,204.01 | 3,564.69 | 3,353.28 | 2,789.36 | 2,548.95 | 2,409.07 | 2,248.73 | 2,209.94 | 2,023.87 | 2,307.41 | 2,535.25 | 2,965.36 | 2,956.25 | 3,276.08 | 3,429.90 |
| Total current liabilities | 4,761.68 | 4,654.09 | 4,622.88 | 4,548.09 | 1,592.82 | 1,155.74 | 28.65 | 10.00 | 19.91 | 720.71 | 23.37 | 22.98 | 1,920.60 | 1,813.37 | 2,133.57 | 2,294.96 | 2,610.12 | 2,126.49 | 2,559.58 | 2,719.64 |
| Total non-current liabilities | 241.09 | 229.33 | 236.40 | 104.10 | 108.96 | 108.82 | 128.10 | 55.09 | 63.51 | 45.00 | 47.52 | 48.04 | 53.67 | 67.80 | 71.21 | 121.21 | 224.07 | 634.87 | 431.09 | 452.09 |
| Total liabilities | 5,002.77 | 4,883.42 | 4,859.28 | 4,652.19 | 108.96 | 108.82 | 3,214.53 | 3,014.29 | 2,524.42 | 2,299.97 | 2,157.97 | 1,998.36 | 1,978.36 | 1,888.89 | 2,204.78 | 2,416.16 | 2,855.50 | 2,761.37 | 3,007.01 | 3,171.73 |
| Total stockholders' equity | 502.95 | 454.69 | 404.45 | 347.60 | 4,595.78 | 4,095.20 | 350.17 | 338.99 | 264.93 | 248.98 | 251.09 | 250.37 | 231.58 | 134.98 | 102.63 | 119.09 | 109.86 | 194.88 | 240.50 | 258.17 |
| Common shares outstanding | 21 | 21 | 21 | 21 | 22 | 22 | 23 | 24 | 22 | 22 | 23 | 23 | 22 | 31 | 70 | 41 | 2 | 2 | 2 | 2 |
Show Quarterly Balance Sheet
Balance Sheet - INDEPENDENT BANK CORP /MI/ (IBCP)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 530.77 | 161.61 | 392.62 | 336.17 | 657.82 | 145.27 | 710.51 | 806.32 | 775.46 | 849.13 | 812.10 | 860.97 | 994.55 | 853.72 | 874.90 | 919.19 | 1,509.96 | 1,522.30 | 1,474.00 | 1,399.91 | 1,377.79 | 1,190.86 | 1,031.61 | 912.10 | 664.58 | 584.05 | 522.51 | 485.94 | 533.65 | 498.77 | 490.72 | 511.78 | 533.23 | 580.40 | 599.96 | 648.83 | 684.13 | 699.40 | 724.66 | 669.35 | 744.39 | 683.13 | 722.89 | 626.87 | 684.89 | 620.76 | 613.26 | 639.00 | 671.75 | 599.56 | 563.78 | 502.85 | 512.54 | 388.20 | 690.73 | 666.81 | 656.51 | 498.55 | 450.59 | 398.98 | 499.93 | 721.82 | 544.73 | 468.88 | 520.29 | 512.26 | 182.41 | 276.01 | 275.85 | 57.71 | 336.23 | 378.20 | 403.69 | 79.29 | 459.56 | 482.11 | 498.16 | 73.14 | 81.22 | 77.78 | 532.96 |
| Accounts receivable, net | 18.86 | 19.03 | 3,621.58 | 116.75 | 128.90 | 126.22 | 103.00 | 86.28 | 66.14 | 65.95 | 67.75 | 66.67 | 62.46 | 56.58 | 53.72 | 52.50 | 42.75 | 41.49 | 40.41 | 43.11 | 34.87 | 46.39 | 32.93 | 33.72 | 29.55 | 40.38 | 2.09 | 36.97 | 35.63 | 2.61 | 3.04 | 3.17 | 7.23 | 7.32 | 7.27 | 7.23 | 7.24 | 6.82 | 7.10 | 7.10 | 7.72 | 9.75 | 15.09 | 18.27 | 18.45 | 46.08 | 45.86 | 47.90 | 29.30 | 67.96 | 67.32 | 74.05 | 67.82 | 33.48 | 25.38 | 5.42 | |||||||||||||||||||||||||
| Inventories | -244.13 | -91.34 | -85.59 | 0.51 | -123.07 | -122.58 | 0.22 | 0.30 | 0.35 | 0.77 | 1.49 | 1.57 | 1.49 | 1.87 | 1.79 | 1.99 | 1.34 | 1.30 | 1.45 | 1.69 | 34.15 | 39.56 | 47.61 | 24.63 | 27.13 | 26.37 | 27.71 | 24.45 | 25.53 | 23.73 | 25.46 | 21.46 | 22.80 | 23.59 | 26.64 | 21.00 | 22.00 | 22.56 | 23.34 | 18.65 | 19.33 | 22.16 | 27.30 | 16.98 | 40.32 | 44.80 | 28.71 | 26.31 | 57.86 | 89.51 | 59.72 | 32.79 | 70.82 | -5.42 | 55.30 | 96.20 | 60.21 | 47.60 | 44.86 | 37.29 | 45.65 | 43.68 | 27.38 | 44.43 | 37.59 | 35.00 | 34.93 | 33.24 | 32.24 | ||||||||||||
| Other current assets | -19.03 | 122.34 | 234.70 | 181.68 | 189.39 | 146.13 | 147.52 | 244.13 | 91.34 | 85.59 | -105.97 | 123.07 | 122.58 | 1,641.31 | 1,571.89 | 1,642.08 | 1,792.90 | 2,010.91 | 2,137.37 | 2,235.05 | 2,328.28 | 2,459.02 | 2,391.88 | 2,252.98 | 2,296.44 | 2,225.61 | 2,141.36 | 1,678.65 | 1,599.59 | 1,508.77 | 1,350.17 | 1,182.88 | 1,120.74 | 1,126.64 | 1,102.42 | 1,069.13 | 1,051.52 | 978.85 | 1,016.32 | 983.33 | 1,003.09 | 997.27 | 1,001.49 | 971.08 | 1,051.66 | 1,106.14 | 1,179.97 | 8.85 | 9.45 | 10.23 | 11.01 | 11.79 | 12.61 | 13.31 | 14.16 | 14.75 | 15.90 | 17.31 | 18.81 | 20.35 | 22.05 | 2,480.32 | 2,584.47 | 2,561.85 | 2,566.99 | 2,649.92 | 2,692.00 | 2,661.01 | 2,677.03 | 2,640.65 | 2,623.25 | 2,700.38 | 2,797.42 | 2,810.03 | 2,780.11 | 2,737.74 | |||||
| Total current assets | 67.34 | 161.61 | 392.62 | 336.17 | 657.82 | 145.27 | 710.51 | 806.32 | 775.46 | 849.13 | 812.10 | 860.97 | 1,111.30 | 982.62 | 1,001.13 | 59.49 | 1,596.23 | 1,588.44 | 3,181.25 | 3,039.55 | 3,086.53 | 3,046.22 | 3,099.09 | 965.82 | 2,952.13 | 2,955.09 | 564.00 | 526.35 | 2,829.74 | 2,830.07 | 537.11 | 2,686.07 | 2,245.61 | 2,209.54 | 2,149.11 | 2,025.73 | 1,931.11 | 1,882.15 | 1,881.61 | 1,799.25 | 747.56 | 1,765.62 | 730.21 | 634.14 | 692.12 | 1,654.67 | 620.08 | 646.11 | 678.85 | 607.28 | 573.53 | 517.94 | 539.66 | 416.09 | 516.85 | 476.62 | 412.54 | 540.46 | 437.07 | 402.26 | 476.79 | 469.09 | 485.21 | 400.12 | 390.79 | 316.20 | 182.41 | 79.35 | 62.38 | 57.71 | 94.32 | 69.44 | 58.21 | 79.29 | 76.00 | 66.43 | 67.21 | 73.14 | 81.22 | 77.78 | 62.12 |
| Total non-current assets | 5,490.17 | 5,344.12 | 5,100.50 | 5,082.35 | 4,670.61 | 5,192.84 | 4,548.76 | 4,471.18 | 4,455.79 | 4,414.60 | 4,387.92 | 1,203.87 | 1,245.51 | 4,017.17 | 1,293.57 | 4,766.72 | 1,504.86 | 1,507.10 | 1,441.09 | 1,421.72 | 1,339.91 | 1,157.80 | 1,069.85 | 3,077.50 | 680.26 | 609.61 | 2,986.84 | 2,911.95 | 553.87 | 523.21 | 2,760.02 | 548.45 | 547.51 | 579.81 | 604.33 | 639.64 | 665.38 | 666.80 | 656.71 | 653.45 | 1,739.56 | 643.45 | 1,664.65 | 1,654.82 | 1,637.18 | 594.06 | 1,619.78 | 1,603.76 | 1,580.79 | 1,602.67 | 1,609.98 | 1,616.74 | 1,565.69 | 1,607.78 | 1,883.98 | 1,926.84 | 2,006.74 | 1,766.95 | 1,880.30 | 1,915.35 | 1,999.42 | 2,066.16 | 2,251.56 | 2,337.04 | 2,509.98 | 2,649.16 | 2,779.62 | 2,897.28 | 2,890.60 | 2,898.54 | 3,044.30 | 3,169.59 | 3,189.20 | 3,168.23 | 3,180.28 | 3,194.83 | 3,288.36 | 3,356.76 | 3,391.38 | 3,364.95 | 3,340.66 |
| Total assets | 5,557.51 | 5,505.72 | 5,493.11 | 5,418.52 | 5,328.43 | 5,338.10 | 5,259.27 | 5,277.50 | 5,231.26 | 5,263.73 | 5,200.02 | 5,135.56 | 5,138.93 | 4,999.79 | 4,931.38 | 4,826.21 | 4,761.98 | 4,704.74 | 4,622.34 | 4,461.27 | 4,426.44 | 4,204.01 | 4,168.94 | 4,043.32 | 3,632.39 | 3,564.69 | 3,550.84 | 3,438.30 | 3,383.61 | 3,353.28 | 3,297.12 | 3,234.52 | 2,793.12 | 2,789.36 | 2,753.45 | 2,665.37 | 2,596.48 | 2,548.95 | 2,538.32 | 2,452.70 | 2,487.12 | 2,409.07 | 2,394.86 | 2,288.95 | 2,329.30 | 2,248.73 | 2,239.86 | 2,249.86 | 2,259.64 | 2,209.94 | 2,183.50 | 2,134.67 | 2,105.35 | 2,023.87 | 2,400.83 | 2,403.47 | 2,419.28 | 2,307.41 | 2,317.37 | 2,317.61 | 2,476.20 | 2,535.25 | 2,736.77 | 2,737.16 | 2,900.77 | 2,965.36 | 2,962.03 | 2,976.63 | 2,952.98 | 2,956.25 | 3,138.62 | 3,239.04 | 3,247.41 | 3,276.08 | 3,256.28 | 3,261.26 | 3,355.57 | 3,429.90 | 3,472.60 | 3,442.72 | 3,402.77 |
| Total current liabilities | 1.09 | 4,761.68 | 4,859.16 | 4,659.36 | 4,633.93 | 4,654.09 | 4,626.88 | 4,614.33 | 4,582.41 | 4,622.88 | 4,585.61 | 1,160.82 | 1,197.55 | 4,548.09 | 1,378.65 | 78.13 | 1,320.70 | 1,592.82 | 1,298.64 | 1,299.65 | 55.80 | 48.70 | 68.72 | 3,559.42 | 47.57 | 28.65 | 3,107.18 | 3,026.89 | 29.32 | 10.00 | 2,832.86 | 33.60 | 28.63 | 19.91 | 28.92 | 33.94 | 29.69 | 26.96 | 29.72 | 25.76 | 2,198.81 | 23.37 | 2,092.29 | 1,984.38 | 2,025.32 | 22.98 | 1,923.05 | 1,936.48 | 1,965.63 | 1,920.60 | 1,883.95 | 1,851.87 | 1,887.01 | 1,813.37 | 1,805.56 | 1,804.67 | 2,231.03 | 2,133.57 | 2,120.67 | 2,112.08 | 2,267.08 | 2,294.96 | 2,412.18 | 2,409.91 | 2,538.76 | 2,610.12 | 2,548.46 | 2,451.25 | 2,238.27 | 2,126.49 | 2,186.72 | 2,174.74 | 2,339.78 | 2,559.58 | 2,774.84 | 2,849.92 | 2,938.39 | 2,719.64 | 2,966.92 | 2,863.95 | 2,866.34 |
| Total non-current liabilities | 5,045.87 | 241.09 | 143.22 | 289.91 | 227.22 | 229.33 | 180.02 | 232.71 | 233.27 | 236.40 | 239.41 | 169.18 | 129.16 | 104.10 | 4,599.07 | 4,416.95 | 108.99 | 108.96 | 108.92 | 108.88 | 108.85 | 108.82 | 108.77 | 128.78 | 141.43 | 74.46 | 103.41 | 80.57 | 65.12 | 55.09 | 119.06 | 79.94 | 63.42 | 63.51 | 108.42 | 121.09 | 45.00 | 45.00 | 47.10 | 47.37 | 47.52 | 47.52 | 47.64 | 47.89 | 48.04 | 48.04 | 66.95 | 67.34 | 53.67 | 53.67 | 67.46 | 67.68 | 67.81 | 67.80 | 473.75 | 485.63 | 83.21 | 71.21 | 85.90 | 91.08 | 96.19 | 121.21 | 183.39 | 183.58 | 250.41 | 224.07 | 255.23 | 350.15 | 537.28 | 634.87 | 726.61 | 826.03 | 669.10 | 431.09 | 237.01 | 167.30 | 165.36 | 452.09 | 245.27 | 322.26 | 287.67 |
| Total liabilities | 5,046.96 | 5,002.77 | 5,002.37 | 4,949.27 | 4,861.15 | 4,883.42 | 4,806.90 | 4,847.04 | 4,815.69 | 4,859.28 | 4,825.02 | 169.18 | 129.16 | 4,652.19 | 4,599.07 | 4,495.08 | 4,406.53 | 4,306.26 | 4,222.31 | 4,065.30 | 4,039.11 | 3,814.49 | 3,795.85 | 3,688.19 | 3,296.77 | 3,214.53 | 3,210.59 | 3,107.46 | 3,038.88 | 3,014.29 | 2,951.92 | 2,897.44 | 2,525.20 | 2,524.42 | 2,485.74 | 2,402.91 | 2,341.01 | 2,299.97 | 2,287.42 | 2,205.77 | 2,247.58 | 2,157.97 | 2,141.88 | 2,034.58 | 2,075.67 | 1,998.36 | 1,992.79 | 2,006.90 | 2,023.05 | 1,978.36 | 1,956.90 | 1,925.84 | 1,961.26 | 1,888.89 | 2,279.30 | 2,290.29 | 2,314.25 | 2,204.78 | 2,206.57 | 2,203.17 | 2,363.27 | 2,416.16 | 2,611.68 | 2,607.49 | 2,803.56 | 2,855.50 | 2,803.69 | 2,801.39 | 2,775.55 | 2,761.37 | 2,913.34 | 3,000.77 | 3,008.87 | 3,007.01 | 3,011.85 | 3,017.22 | 3,103.75 | 3,171.73 | 3,212.18 | 3,186.21 | 3,154.01 |
| Total stockholders' equity | 510.55 | 502.95 | 490.74 | 469.25 | 467.28 | 454.69 | 452.37 | 430.46 | 415.57 | 404.45 | 375.00 | 375.16 | 367.71 | 347.60 | 332.31 | 331.13 | 355.45 | 398.48 | 400.03 | 395.97 | 387.33 | 389.52 | 373.09 | 355.12 | 335.62 | 350.17 | 340.25 | 330.85 | 344.73 | 338.99 | 345.20 | 337.08 | 267.92 | 264.93 | 267.71 | 262.45 | 255.48 | 248.98 | 250.90 | 246.92 | 239.55 | 251.09 | 252.98 | 254.38 | 253.63 | 250.37 | 247.07 | 242.96 | 236.59 | 231.58 | 226.60 | 208.84 | 144.09 | 134.98 | 121.53 | 113.17 | 105.03 | 102.63 | 110.80 | 114.44 | 112.94 | 119.09 | 125.10 | 129.67 | 97.21 | 109.86 | 158.34 | 175.24 | 177.44 | 194.88 | 225.29 | 238.27 | 238.54 | 240.50 | 244.43 | 244.03 | 251.82 | 258.17 | 260.42 | 256.51 | 248.77 |
| Common shares outstanding | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 22 | 22 | 22 | 22 | 22 | 22 | 23 | 23 | 23 | 23 | 24 | 24 | 25 | 25 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 23 | 23 | 23 | 24 | 23 | 23 | 23 | 23 | 23 | 21 | 24 | 22 | 31 | 31 | 41 | 47 | 12 | 51 | 50 | 33 | 12 | 56 | 18 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |