IBCP — Independent Bank (Michigan) Income Statement

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FinancialsBalancedMid CapSuper Stock

Annual income statement for Independent Bank (Michigan), fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Interest Income
Interest Expense
Net Interest Income	124	130	150	156	166
Loan Loss Provision
Net Interest Income After Loan Loss Provision	124	132	144	150	162
Non Interest Income
Non Interest Expense
Net Income Before Taxes	69.5	77.3	77.8	73.7	83
Provision for Income Taxes
Net Income After Taxes	56.2	62.9	63.4	59.1	66.8
Net Income Before Extraordinary Items
Net Income	56.2	62.9	63.4	59.1	66.8
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	56.2	62.9	63.4	59.1	66.8
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.98	2.88	2.97	2.79	3.16
Dividends per Share