INDEPENDENT BANK CORP /MI/ Balance Sheet
IBCP / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.
INDEPENDENT BANK CORP /MI/ had $5.5B in total assets and $503M in shareholders' equity as of FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $138.4M | $119.9M | $169.8M | $74.4M | $109.5M | $118.7M | $65.3M | $70.2M | $54.7M | $83.2M | $85.8M | $74.0M | $119.1M | $179.8M | $341.1M |
| PP&E (Net) | $39.0M | $37.5M | $35.5M | $35.9M | $36.4M | $36.1M | $38.4M | $38.8M | $39.1M | $40.2M | $43.1M | $45.9M | $48.6M | $47.0M | $62.5M |
| Goodwill | $28.3M | $28.3M | $28.3M | $28.3M | $28.3M | $28.3M | $28.3M | $28.3M | $0 | - | - | - | - | - | - |
| Total Assets | $5.5B | $5.3B | $5.3B | $5.0B | $4.7B | $4.2B | $3.6B | $3.4B | $2.8B | $2.5B | $2.4B | $2.2B | $2.2B | $2.0B | $2.3B |
| Shareholders' Equity | $503.0M | $454.7M | $404.4M | $347.6M | $398.5M | $389.5M | $350.2M | $339.0M | $264.9M | $249.3M | $252.3M | $250.4M | $231.6M | $135.0M | $102.6M |