US Stock MarketDetailed Quotes

IBCP Independent Bank (Ionia MI)

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38.280
-0.590-1.52%

Close Nov 26 16:00 ET

38.280
0.0000.00%

Post 18:24 ET

799.83MMarket Cap13.02P/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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(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

(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

Assets

Cash cash equivalents and federal funds sold

-4.63%121.56M

65.91%214.35M

-28.71%161.84M

128.29%169.78M

80.46%127.46M

117.18%129.19M

106.72%227.02M

-32.06%74.37M

-Cash and cash equivalents

-4.63%121.56M

65.91%214.35M

-28.71%161.84M

128.29%169.78M

80.46%127.46M

117.18%129.19M

106.72%227.02M

-32.06%74.37M

Net loan

5.38%3.9B

5.95%3.81B

9.10%3.79B

8.34%3.75B

9.86%3.7B

10.95%3.6B

16.34%3.48B

17.36%3.46B

-Gross loan

5.35%3.96B

5.93%3.87B

9.13%3.85B

8.28%3.8B

9.84%3.76B

10.98%3.65B

16.26%3.53B

17.26%3.51B

-Allowance for loans and lease losses

3.51%57.44M

4.22%56.24M

11.40%56.31M

4.24%54.66M

8.51%55.5M

12.70%53.96M

10.79%50.55M

10.97%52.44M

Securities and investments

-10.66%932.31M

-14.24%937.07M

-15.26%963.58M

-10.47%1.03B

-11.84%1.04B

-11.97%1.09B

-18.79%1.14B

-18.31%1.15B

-Available for sale securities

----

--872K

----

-Held to maturity securities

-4.33%343.36M

-4.63%344.22M

-5.31%349.96M

-5.56%353.99M

-5.41%358.9M

-5.42%360.93M

--369.58M

--374.82M

-Short term investments

-13.98%588.95M

-19.10%591.97M

-20.05%613.62M

-12.83%679.35M

-14.87%684.64M

-14.88%731.78M

-45.18%767.53M

-44.84%779.35M

Federal home loan bank stock

-4.29%16.1M

-11.21%16.1M

-4.71%16.82M

2.71%18.13M

0.00%17.65M

-4.20%17.65M

Bank owned life insurance

-1.12%54.02M

-1.26%53.82M

-3.04%53.63M

-1.56%54.34M

-0.93%54.63M

-1.05%54.51M

0.60%55.31M

-0.14%55.2M

Net PPE

-0.27%35.25M

-3.09%35.04M

-3.29%34.59M

-1.03%35.52M

-1.02%35.35M

0.02%36.16M

-4.34%35.76M

-1.40%35.89M

-Gross PPE

----

1.52%156.26M

----

1.92%153.91M

-Accumulated depreciation

----

-2.30%-120.74M

----

-2.98%-118.02M

Foreclosed assets

76.30%781K

43.62%945K

112.22%1.06M

25.05%569K

27.30%443K

29.53%658K

13.93%499K

85.71%455K

Goodwill and other intangible assets

-8.34%70.12M

-0.74%74.45M

1.53%73.75M

-1.08%72.55M

3.16%76.5M

6.17%75.01M

7.87%72.64M

26.74%73.34M

-Goodwill

0.00%28.3M

-Other intangible assets

-13.23%41.82M

-1.18%46.15M

2.51%45.45M

-1.76%44.25M

5.11%48.2M

10.29%46.71M

13.58%44.34M

52.33%45.04M

Other assets

-10.36%130.26M

1.79%134.15M

14.26%133.4M

2.79%132.5M

15.12%145.31M

27.95%131.79M

35.32%116.75M

94.90%128.9M

Total assets

1.14%5.26B

2.76%5.28B

1.80%5.23B

5.28%5.26B

5.45%5.2B

6.41%5.14B

7.92%5.14B

6.27%5B

Liabilities

Total deposits

0.90%4.63B

2.82%4.61B

0.83%4.58B

5.57%4.62B

5.98%4.59B

4.59%4.49B

8.07%4.54B

6.36%4.38B

Long term debt and capital lease obligation

-38.59%79.35M

-23.56%129.32M

0.07%129.25M

-21.71%129.26M

-22.05%129.22M

61.85%169.18M

18.50%129.16M

51.53%165.1M

-Long term debt

-38.59%79.35M

-23.56%129.32M

0.07%129.25M

-21.71%129.26M

-22.05%129.22M

61.85%169.18M

18.50%129.16M

51.53%165.1M

Other liabilities

-8.63%100.68M

-0.19%103.39M

6.89%104.02M

-0.82%107.13M

3.68%110.19M

3.61%103.59M

5.72%97.31M

34.68%108.02M

Total liabilities

-0.38%4.81B

1.82%4.85B

0.93%4.82B

4.45%4.86B

4.91%4.83B

5.90%4.76B

8.28%4.77B

8.03%4.65B

Shareholders'equity

Share capital

0.34%318.22M

-0.18%317.68M

-1.22%317.1M

-1.09%317.48M

-1.03%317.15M

-0.51%318.24M

-0.30%321.03M

-0.75%320.99M

-common stock

0.34%318.22M

-0.18%317.68M

-1.22%317.1M

-1.09%317.48M

-1.03%317.15M

-0.51%318.24M

-0.30%321.03M

-0.75%320.99M

-Preferred stock

--0

Retained earnings

28.14%192.41M

33.60%183.61M

33.41%170.1M

33.29%159.11M

37.86%150.16M

42.78%137.43M

45.08%127.5M

60.05%119.37M

Gains losses not affecting retained earnings

36.89%-58.25M

12.03%-70.83M

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

Total stockholders'equity

20.63%452.37M

14.74%430.46M

13.01%415.57M

16.36%404.45M

12.85%375M

13.30%375.16M

3.45%367.71M

-12.77%347.6M

Total equity

20.63%452.37M

14.74%430.46M

13.01%415.57M

16.36%404.45M

12.85%375M

13.30%375.16M

3.45%367.71M

-12.77%347.6M

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion with Explanatory Notes

	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024	(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
Assets
Cash cash equivalents and federal funds sold	-4.63%121.56M	65.91%214.35M	-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
-Cash and cash equivalents	-4.63%121.56M	65.91%214.35M	-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
Net loan	5.38%3.9B	5.95%3.81B	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
-Gross loan	5.35%3.96B	5.93%3.87B	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
-Allowance for loans and lease losses	3.51%57.44M	4.22%56.24M	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
Securities and investments	-10.66%932.31M	-14.24%937.07M	-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
-Available for sale securities	----	--872K	----	----	----	----	----	----	----	----
-Held to maturity securities	-4.33%343.36M	-4.63%344.22M	-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
-Short term investments	-13.98%588.95M	-19.10%591.97M	-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
Federal home loan bank stock	-4.29%16.1M	-11.21%16.1M	-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
Bank owned life insurance	-1.12%54.02M	-1.26%53.82M	-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
Net PPE	-0.27%35.25M	-3.09%35.04M	-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
-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	76.30%781K	43.62%945K	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
Goodwill and other intangible assets	-8.34%70.12M	-0.74%74.45M	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
-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	-13.23%41.82M	-1.18%46.15M	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
Other assets	-10.36%130.26M	1.79%134.15M	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
Total assets	1.14%5.26B	2.76%5.28B	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
Liabilities
Total deposits	0.90%4.63B	2.82%4.61B	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
Long term debt and capital lease obligation	-38.59%79.35M	-23.56%129.32M	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
-Long term debt	-38.59%79.35M	-23.56%129.32M	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
Other liabilities	-8.63%100.68M	-0.19%103.39M	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
Total liabilities	-0.38%4.81B	1.82%4.85B	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
Shareholders'equity
Share capital	0.34%318.22M	-0.18%317.68M	-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
-common stock	0.34%318.22M	-0.18%317.68M	-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
-Preferred stock	--0	--0	--0	--0	--0	--0	--0	--0	--0	--0
Retained earnings	28.14%192.41M	33.60%183.61M	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
Gains losses not affecting retained earnings	36.89%-58.25M	12.03%-70.83M	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
Total stockholders'equity	20.63%452.37M	14.74%430.46M	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
Total equity	20.63%452.37M	14.74%430.46M	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
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

Overall

No Data