US Stock MarketDetailed Quotes

IBCP Independent Bank (Ionia MI)

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33.240
-0.030-0.09%

Close Jul 24 16:00 ET

33.240
0.0000.00%

Post 16:20 ET

694.80MMarket Cap11.31P/E (TTM)

Independent Bank (Ionia MI) Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

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(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

(Q3)Sep 30, 2022

(Q2)Jun 30, 2022

Assets

Cash cash equivalents and federal funds sold

-28.71%161.84M

128.29%169.78M

80.46%127.46M

117.18%129.19M

106.72%227.02M

-32.06%74.37M

-43.77%70.63M

-14.10%59.49M

-Cash and cash equivalents

-28.71%161.84M

128.29%169.78M

80.46%127.46M

117.18%129.19M

106.72%227.02M

-32.06%74.37M

-43.77%70.63M

-14.10%59.49M

Net loan

9.10%3.79B

8.34%3.75B

9.86%3.7B

10.95%3.6B

16.34%3.48B

17.36%3.46B

15.50%3.37B

14.64%3.24B

-Gross loan

9.13%3.85B

8.28%3.8B

9.84%3.76B

10.98%3.65B

16.26%3.53B

17.26%3.51B

15.40%3.42B

14.47%3.29B

-Allowance for loans and lease losses

11.40%56.31M

4.24%54.66M

8.51%55.5M

12.70%53.96M

10.79%50.55M

10.97%52.44M

9.28%51.14M

4.26%47.88M

Securities and investments

-15.26%963.58M

-10.47%1.03B

-11.84%1.04B

-11.97%1.09B

-18.79%1.14B

-18.31%1.15B

-12.21%1.18B

-6.71%1.24B

-Held to maturity securities

-5.31%349.96M

-5.56%353.99M

-5.41%358.9M

-5.42%360.93M

--369.58M

--374.82M

--379.43M

--381.61M

-Short term investments

-20.05%613.62M

-12.83%679.35M

-14.87%684.64M

-14.88%731.78M

-45.18%767.53M

-44.84%779.35M

-40.35%804.27M

-35.39%859.7M

Federal home loan bank stock

-4.71%16.82M

2.71%18.13M

0.00%17.65M

-4.20%17.65M

Bank owned life insurance

-3.04%53.63M

-1.56%54.34M

-0.93%54.63M

-1.05%54.51M

0.60%55.31M

-0.14%55.2M

0.04%55.15M

-0.65%55.09M

Net PPE

-3.29%34.59M

-1.03%35.52M

-1.02%35.35M

0.02%36.16M

-4.34%35.76M

-1.40%35.89M

-2.49%35.71M

-0.98%36.15M

-Gross PPE

----

1.52%156.26M

----

1.92%153.91M

----

-Accumulated depreciation

----

-2.30%-120.74M

----

-2.98%-118.02M

----

Foreclosed assets

112.22%1.06M

25.05%569K

27.30%443K

29.53%658K

13.93%499K

85.71%455K

55.36%348K

71.62%508K

Goodwill and other intangible assets

1.53%73.75M

-1.08%72.55M

3.16%76.5M

6.17%75.01M

7.87%72.64M

26.74%73.34M

32.21%74.16M

29.51%70.65M

-Goodwill

0.00%28.3M

-Other intangible assets

2.51%45.45M

-1.76%44.25M

5.11%48.2M

10.29%46.71M

13.58%44.34M

52.33%45.04M

65.02%45.86M

61.31%42.35M

Other assets

14.26%133.4M

2.79%132.5M

15.12%145.31M

27.95%131.79M

35.32%116.75M

94.90%128.9M

91.41%126.22M

52.04%103M

Total assets

1.80%5.23B

5.28%5.26B

5.45%5.2B

6.41%5.14B

7.92%5.14B

6.27%5B

6.69%4.93B

8.18%4.83B

Liabilities

Total deposits

0.83%4.58B

5.57%4.62B

5.98%4.59B

4.59%4.49B

8.07%4.54B

6.36%4.38B

7.85%4.33B

11.08%4.29B

Long term debt and capital lease obligation

0.07%129.25M

-21.71%129.26M

-22.05%129.22M

61.85%169.18M

18.50%129.16M

51.53%165.1M

52.19%165.76M

-4.00%104.53M

-Long term debt

0.07%129.25M

-21.71%129.26M

-22.05%129.22M

61.85%169.18M

18.50%129.16M

51.53%165.1M

52.19%165.76M

-4.00%104.53M

Other liabilities

6.89%104.02M

-0.82%107.13M

3.68%110.19M

3.61%103.59M

5.72%97.31M

34.68%108.02M

4.89%106.28M

6.41%99.97M

Total liabilities

0.93%4.82B

4.45%4.86B

4.91%4.83B

5.90%4.76B

8.28%4.77B

8.03%4.65B

8.92%4.6B

10.57%4.5B

Shareholders'equity

Share capital

-1.22%317.1M

-1.09%317.48M

-1.03%317.15M

-0.51%318.24M

-0.30%321.03M

-0.75%320.99M

-1.82%320.44M

-3.78%319.89M

-common stock

-1.22%317.1M

-1.09%317.48M

-1.03%317.15M

-0.51%318.24M

-0.30%321.03M

-0.75%320.99M

-1.82%320.44M

-3.78%319.89M

-Preferred stock

--0

Retained earnings

33.41%170.1M

33.29%159.11M

37.86%150.16M

42.78%137.43M

45.08%127.5M

60.05%119.37M

63.68%108.92M

74.68%96.25M

Gains losses not affecting retained earnings

11.36%-71.63M

22.23%-72.14M

4.89%-92.3M

5.29%-80.51M

-48.51%-80.81M

-18,615.57%-92.76M

-1,467.22%-97.05M

-1,110.02%-85M

Total stockholders'equity

13.01%415.57M

16.36%404.45M

12.85%375M

13.30%375.16M

3.45%367.71M

-12.77%347.6M

-16.93%332.31M

-16.37%331.13M

Total equity

13.01%415.57M

16.36%404.45M

12.85%375M

13.30%375.16M

3.45%367.71M

-12.77%347.6M

-16.93%332.31M

-16.37%331.13M

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion with Explanatory Notes

	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022	(Q3)Sep 30, 2022	(Q2)Jun 30, 2022
Assets
Cash cash equivalents and federal funds sold	-28.71%161.84M	128.29%169.78M	128.29%169.78M	80.46%127.46M	117.18%129.19M	106.72%227.02M	-32.06%74.37M	-32.06%74.37M	-43.77%70.63M	-14.10%59.49M
-Cash and cash equivalents	-28.71%161.84M	128.29%169.78M	128.29%169.78M	80.46%127.46M	117.18%129.19M	106.72%227.02M	-32.06%74.37M	-32.06%74.37M	-43.77%70.63M	-14.10%59.49M
Net loan	9.10%3.79B	8.34%3.75B	8.34%3.75B	9.86%3.7B	10.95%3.6B	16.34%3.48B	17.36%3.46B	17.36%3.46B	15.50%3.37B	14.64%3.24B
-Gross loan	9.13%3.85B	8.28%3.8B	8.28%3.8B	9.84%3.76B	10.98%3.65B	16.26%3.53B	17.26%3.51B	17.26%3.51B	15.40%3.42B	14.47%3.29B
-Allowance for loans and lease losses	11.40%56.31M	4.24%54.66M	4.24%54.66M	8.51%55.5M	12.70%53.96M	10.79%50.55M	10.97%52.44M	10.97%52.44M	9.28%51.14M	4.26%47.88M
Securities and investments	-15.26%963.58M	-10.47%1.03B	-10.47%1.03B	-11.84%1.04B	-11.97%1.09B	-18.79%1.14B	-18.31%1.15B	-18.31%1.15B	-12.21%1.18B	-6.71%1.24B
-Held to maturity securities	-5.31%349.96M	-5.56%353.99M	-5.56%353.99M	-5.41%358.9M	-5.42%360.93M	--369.58M	--374.82M	--374.82M	--379.43M	--381.61M
-Short term investments	-20.05%613.62M	-12.83%679.35M	-12.83%679.35M	-14.87%684.64M	-14.88%731.78M	-45.18%767.53M	-44.84%779.35M	-44.84%779.35M	-40.35%804.27M	-35.39%859.7M
Federal home loan bank stock	-4.71%16.82M	-4.71%16.82M	-4.71%16.82M	-4.71%16.82M	2.71%18.13M	0.00%17.65M	-4.20%17.65M	-4.20%17.65M	-4.20%17.65M	-4.20%17.65M
Bank owned life insurance	-3.04%53.63M	-1.56%54.34M	-1.56%54.34M	-0.93%54.63M	-1.05%54.51M	0.60%55.31M	-0.14%55.2M	-0.14%55.2M	0.04%55.15M	-0.65%55.09M
Net PPE	-3.29%34.59M	-1.03%35.52M	-1.03%35.52M	-1.02%35.35M	0.02%36.16M	-4.34%35.76M	-1.40%35.89M	-1.40%35.89M	-2.49%35.71M	-0.98%36.15M
-Gross PPE	----	1.52%156.26M	1.52%156.26M	----	----	----	1.92%153.91M	1.92%153.91M	----	----
-Accumulated depreciation	----	-2.30%-120.74M	-2.30%-120.74M	----	----	----	-2.98%-118.02M	-2.98%-118.02M	----	----
Foreclosed assets	112.22%1.06M	25.05%569K	25.05%569K	27.30%443K	29.53%658K	13.93%499K	85.71%455K	85.71%455K	55.36%348K	71.62%508K
Goodwill and other intangible assets	1.53%73.75M	-1.08%72.55M	-1.08%72.55M	3.16%76.5M	6.17%75.01M	7.87%72.64M	26.74%73.34M	26.74%73.34M	32.21%74.16M	29.51%70.65M
-Goodwill	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M	0.00%28.3M
-Other intangible assets	2.51%45.45M	-1.76%44.25M	-1.76%44.25M	5.11%48.2M	10.29%46.71M	13.58%44.34M	52.33%45.04M	52.33%45.04M	65.02%45.86M	61.31%42.35M
Other assets	14.26%133.4M	2.79%132.5M	2.79%132.5M	15.12%145.31M	27.95%131.79M	35.32%116.75M	94.90%128.9M	94.90%128.9M	91.41%126.22M	52.04%103M
Total assets	1.80%5.23B	5.28%5.26B	5.28%5.26B	5.45%5.2B	6.41%5.14B	7.92%5.14B	6.27%5B	6.27%5B	6.69%4.93B	8.18%4.83B
Liabilities
Total deposits	0.83%4.58B	5.57%4.62B	5.57%4.62B	5.98%4.59B	4.59%4.49B	8.07%4.54B	6.36%4.38B	6.36%4.38B	7.85%4.33B	11.08%4.29B
Long term debt and capital lease obligation	0.07%129.25M	-21.71%129.26M	-21.71%129.26M	-22.05%129.22M	61.85%169.18M	18.50%129.16M	51.53%165.1M	51.53%165.1M	52.19%165.76M	-4.00%104.53M
-Long term debt	0.07%129.25M	-21.71%129.26M	-21.71%129.26M	-22.05%129.22M	61.85%169.18M	18.50%129.16M	51.53%165.1M	51.53%165.1M	52.19%165.76M	-4.00%104.53M
Other liabilities	6.89%104.02M	-0.82%107.13M	-0.82%107.13M	3.68%110.19M	3.61%103.59M	5.72%97.31M	34.68%108.02M	34.68%108.02M	4.89%106.28M	6.41%99.97M
Total liabilities	0.93%4.82B	4.45%4.86B	4.45%4.86B	4.91%4.83B	5.90%4.76B	8.28%4.77B	8.03%4.65B	8.03%4.65B	8.92%4.6B	10.57%4.5B
Shareholders'equity
Share capital	-1.22%317.1M	-1.09%317.48M	-1.09%317.48M	-1.03%317.15M	-0.51%318.24M	-0.30%321.03M	-0.75%320.99M	-0.75%320.99M	-1.82%320.44M	-3.78%319.89M
-common stock	-1.22%317.1M	-1.09%317.48M	-1.09%317.48M	-1.03%317.15M	-0.51%318.24M	-0.30%321.03M	-0.75%320.99M	-0.75%320.99M	-1.82%320.44M	-3.78%319.89M
-Preferred stock	--0	--0	--0	--0	--0	--0	--0	--0	--0	--0
Retained earnings	33.41%170.1M	33.29%159.11M	33.29%159.11M	37.86%150.16M	42.78%137.43M	45.08%127.5M	60.05%119.37M	60.05%119.37M	63.68%108.92M	74.68%96.25M
Gains losses not affecting retained earnings	11.36%-71.63M	22.23%-72.14M	22.23%-72.14M	4.89%-92.3M	5.29%-80.51M	-48.51%-80.81M	-18,615.57%-92.76M	-18,615.57%-92.76M	-1,467.22%-97.05M	-1,110.02%-85M
Total stockholders'equity	13.01%415.57M	16.36%404.45M	16.36%404.45M	12.85%375M	13.30%375.16M	3.45%367.71M	-12.77%347.6M	-12.77%347.6M	-16.93%332.31M	-16.37%331.13M
Total equity	13.01%415.57M	16.36%404.45M	16.36%404.45M	12.85%375M	13.30%375.16M	3.45%367.71M	-12.77%347.6M	-12.77%347.6M	-16.93%332.31M	-16.37%331.13M
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion with Explanatory Notes	--	--	--	--	--	--	--	--

Analysis

Analyst Rating

No Data

Price Target

No Data

Heat List

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