v3.25.4
INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION - Statements of Financial Condition (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Assets        
Cash and due from banks $ 52,235 $ 56,984    
Accrued income and other assets 167,516 147,547    
Total Assets 5,505,720 5,338,104 $ 5,263,726  
LIABILITIES AND SHAREHOLDERS’ EQUITY        
Subordinated debt 0 39,586    
Subordinated debentures 39,864 39,796    
Accrued expenses and other liabilities 124,220 104,939    
Total Shareholders’ Equity 502,951 454,686 $ 404,449 $ 347,596
Total Liabilities and Shareholders’ Equity 5,505,720 5,338,104    
Parent Company        
Assets        
Cash and due from banks 46,731 9,901    
Interest bearing deposits - time 0 40,000    
Investment in subsidiaries 492,936 484,887    
Accrued income and other assets 25,072 8,830    
Total Assets 564,739 543,618    
LIABILITIES AND SHAREHOLDERS’ EQUITY        
Subordinated debt 0 39,586    
Subordinated debentures 39,864 39,796    
Accrued expenses and other liabilities 20,746 8,520    
Total Shareholders’ Equity 504,129 455,716    
Total Liabilities and Shareholders’ Equity $ 564,739 $ 543,618