
	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share amounts)
2025
Interest income	$	66,144	$	66,878	$	69,290	$	67,425
Net interest income	43,685		44,615		45,361		46,354
Provision for credit losses	721		1,500		1,991		1,923
Income before income tax	19,126		20,678		21,176		20,311
Net income	15,590		16,877		17,502		18,572

Net income per common share
Basic	0.74		0.81		0.85		0.90
Diluted	0.74		0.81		0.84		0.89

2024
Interest income	$	65,126	$	66,338	$	68,334	$	66,978
Net interest income	40,197		41,346		41,854		42,851
Provision for credit losses	744		19		1,488		2,217
Income before income tax	19,821		23,166		17,291		22,768
Net income	15,991		18,528		13,810		18,461

Net income per common share
Basic	0.77		0.89		0.66		0.88
Diluted	0.76		0.88		0.65		0.87


	Reported Sales Prices of Common Shares												Cash Dividends Declared
	2025						2024
	High		Low		Close		High		Low		Close		2025		2024
First quarter	$	37.13	$	29.75	$	30.79	$	27.34	$	22.80	$	25.35	$	0.26	$	0.24
Second quarter	33.07		26.75		32.41		27.88		22.53		27.00		0.26		0.24
Third quarter	34.72		29.63		30.98		35.97		25.46		33.35		0.26		0.24
Fourth quarter	35.67		29.83		32.53		40.32		30.95		34.83		0.26		0.24

We have approximately 1,100 holders of record of our common stock. Our common stock trades on the NASDAQ Global Select Market System under the symbol “IBCP.” The prices shown above are supplied by NASDAQ and reflect the inter-dealer prices and may not include retail markups, markdowns or commissions. There may have been transactions or quotations at higher or lower prices of which we are not aware.

In addition to limitations imposed by the provisions of the Michigan Business Corporation Act (which, among other things, limits us from paying dividends to the extent we are insolvent), our ability to pay dividends is limited by our ability to obtain funds from our Bank and by regulatory capital guidelines applicable to us (see note #20).