IBCP earnings

GRAND RAPIDS, Mich., April 23, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported first quarter 2026 net income of $16.9 million, or $0.81 per diluted share, versus net income of $15.6 million, or $0.74 per diluted share, in the prior-year period. Highlights for the first quarter of 2026 include: A net interest margin of 3.65% (three basis point increase from the linked quarter);Increase in net interest income of $0.5 million (or 1.1% ) over the fourth quarter of 2025;Increase in tangible common equity per share of common stock of $0.33 (or 5.9% annualized) from December 31, 2025;A return on average assets and a return on average equity of 1.24% and 13.43%, resp

GRAND RAPIDS, Mich., March 31, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2026 first quarter results on Thursday, April 23, 2026, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, April 23, 2026. To access via phone, p

GRAND RAPIDS, Mich., and HASTINGS, Mich., March 18, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) ("Independent"), the parent company of Independent Bank, and HCB Financial Corp. (OTCPK: HCBN) ("HCB"), the parent company of Highpoint Community Bank, jointly announced today the execution of a definitive merger agreement under which HCB will merge with Independent in a cash and stock transaction valued at approximately $70.2 million, as detailed below. The partnership combines two of Michigan's most people-focused and community-oriented franchises, strategically bolstering Independent's footprint in the high-growth corridor between Grand Rapids and Lansing. Based on fi

GRAND RAPIDS, Mich., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported fourth quarter 2025 net income of $18.6 million, or $0.89 per diluted share, versus net income of $18.5 million, or $0.87 per diluted share, in the prior-year period. For the year ended December 31, 2025, the Company reported net income of $68.5 million, or $3.27 per diluted share, compared to net income of $66.8 million, or $3.16 per diluted share, in 2024. Highlights for the fourth quarter of 2025 include: An increase in net interest income of $1.0 million (2.2%) over the third quarter of 2025;A net interest margin of 3.62% (eight basis point increase from the linked quarter);

GRAND RAPIDS, Mich., Dec. 31, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 fourth quarter results on Thursday, January 22, 2026, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 22, 2026. To access via phon

Third Quarter Highlights Highlights for the third quarter of 2025 include: Increase in net interest income of $0.7 million (or 1.7%) over the second quarter of 2025;Increase in tangible common equity per share of common stock of $1.06 (or 20.0% annualized) from June 30, 2025;Net growth in total deposits, less brokered time deposits of $148.2 million (or 13.0% annualized) from June 30, 2025;Net growth in loans of $33.9 million (or 3.2% annualized) from June 30, 2025; andThe payment of a 26 cent per share dividend on common stock on August 15, 2025. GRAND RAPIDS, Mich., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported third quarter 2025 net incom

GRAND RAPIDS, Mich., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 third quarter results on Tuesday, October 28, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, October 28, 2025. To participate in t

Second Quarter Highlights Highlights for the second quarter of 2025 include: Increase in net interest income of $0.9 million (or 2.1% ) over the first quarter of 2025;Increase in tangible common equity per share of common stock of $0.36 (or 6.9% annualized) from March 31, 2025;Net interest margin expansion of nine basis points compared to March 31, 2025;Net growth in loans of $91.7 million (or 9.0% annualized) from March 31, 2025; andThe payment of a 26 cent per share dividend on common stock on May 15, 2025. GRAND RAPIDS, Mich., July 24, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported second quarter 2025 net income of $16.9 million, or $0.81 per diluted sha

GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 second quarter results on Thursday, July 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, July 24, 2025. To participate in the li

First Quarter Highlights Highlights for the first quarter of 2025 include: Increase in net interest income of $0.8 million (or 1.9% ) over the fourth quarter of 2024;Increase in tangible book value per share of $2.43 (13.2%) from March 31, 2024;Net growth in core deposits of $9.1 million (or 0.8% annualized) from December 31, 2024;Net growth in loans of $33.9 million (or 3.4% annualized) from December 31, 2024; andThe payment of a 26 cent per share dividend on common stock on February 14, 2025. GRAND RAPIDS, Mich., April 24, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported first quarter 2025 net income of $15.6 million, or $0.74 per diluted share, versus net

GRAND RAPIDS, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 first quarter results on Thursday, April 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, April 24, 2025. To participate in the

Fourth Quarter Highlights Highlights for the fourth quarter of 2024 include: An increase in net interest income of $1.0 million (2.4%) over the third quarter of 2024;A net interest margin of 3.45% (eight basis point increase from the linked quarter)A return on average assets and a return on average equity of 1.39% and 16.31%, respectively;Net growth in loans of $96.5 million (or 9.7% annualized) from September 30, 2024; andThe payment of a 24 cent per share dividend on common stock on November 15, 2024. GRAND RAPIDS, Mich., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported fourth quarter 2024 net income of $18.5 million, or $0.87 per diluted share, ve

GRAND RAPIDS, Mich., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 fourth quarter results on Thursday, January 23, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 23, 2025. To participate in

GRAND RAPIDS, Mich., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 fourth quarter results on Thursday, January 23, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 23, 2025. To participate

Third Quarter Highlights Highlights for the third quarter of 2024 include: Increases in net interest income of $0.5 million (or 4.9% annualized) from June 30, 2024;An increase in tangible book value per share of $3.69 (22.3%) over the third quarter of 2023;Net growth in core deposits of $100.1 million (or 8.9% annualized) from June 30, 2024;Net growth in loans of $90.4 million (or 9.3% annualized) from June 30, 2024; andThe payment of a 24 cent per share dividend on common stock on August 15, 2024. GRAND RAPIDS, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported third quarter 2024 net income of $13.8 million, or $0.65 per diluted share, versus n

GRAND RAPIDS, Mich., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 third quarter results on Thursday, October 24, 2024, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, October 24, 2024. To participate

Second Quarter Highlights Highlights for the second quarter of 2024 include: Increases in net income and diluted earnings per share of 25.3% and 25.7%, respectively, over second quarter of 2023;An increase in tangible book value per share of $2.71 (16.5%) over the second quarter of 2023;Net growth in core deposits of $53.3 million (or 4.8% annualized) from March 31, 2024;Net growth in loans of $11.9 million (or 1.2% annualized) from March 31, 2024; andThe payment of a 24 cent per share dividend on common stock on May 13, 2024. GRAND RAPIDS, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported second quarter 2024 net income of $18.5 million,

GRAND RAPIDS, Mich., June 28, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 second quarter results on Thursday, July 25, 2024, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, July 25, 2024. To participate in th

First Quarter Highlights Highlights for the first quarter of 2024 include: Increases in net income and diluted earnings per share of 23.1% and 24.6%, respectively, over first quarter of 2023;An increase in tangible book value per share of $2.50 (15.7%) over the first quarter of 2023;Net growth in core deposits of $95.7 million (or 9.0% annualized) from December 31, 2023;Net growth in loans of $49.1 million (or 5.3% annualized) from December 31, 2023; andThe payment of a 24 cent per share dividend on common stock on February 15, 2024. GRAND RAPIDS, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported first quarter 2024 net income of $16.0 million,

GRAND RAPIDS, Mich., April 02, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 first quarter results on Thursday, April 25, 2024, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, April 25, 2024. To participate in the

Fourth Quarter Highlights Highlights for the fourth quarter of 2023 include: An increase in net interest income of $0.7 million (1.7%) over the third quarter of 2023;An increase in book value and tangible book value per share of $1.42 and $1.43 respectively;Net growth in loans of $49.4 million (or 5.2% annualized) from September 30, 2023; andThe payment of a 23 cent per share dividend on common stock on November 13, 2023. GRAND RAPIDS, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported fourth quarter 2023 net income of $13.7 million, or $0.65 per diluted share, versus net income of $15.1 million, or $0.71 per diluted share, in the prior-year per

GRAND RAPIDS, Mich., Dec. 22, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2023 fourth quarter results on Thursday, January 25, 2024, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 25, 2024. To participate in

Third Quarter Highlights Highlights for the third quarter of 2023 include: An increase in net interest income of $1.1 million (2.8%) over the second quarter of 2023;Net growth in core deposits of $112.6 million (or 10.5% annualized) from June 30, 2023;Net growth in loans of $110.4 million (or 12.1% annualized) from June 30, 2023; andThe payment of a 23 cent per share dividend on common stock on August 14, 2023. GRAND RAPIDS, Mich., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported third quarter 2023 net income of $17.5 million, or $0.83 per diluted share, versus net income of $17.3 million, or $0.81 per diluted share, in the prior-year period. For the

GRAND RAPIDS, Mich., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2023 third quarter results on Tuesday, October 24, 2023, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, October 24, 2023. To participate in th

Second Quarter Highlights Highlights for the second quarter of 2023 include: An increase in net interest income of 6.3% over the second quarter of 2022;An increase in book value and tangible book value per share of $0.51;Net growth in loans of $121.3 million (or 13.9% annualized); andThe payment of a 23 cent per share dividend on common stock on May 15, 2023. GRAND RAPIDS, Mich., July 25, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported second quarter 2023 net income of $14.8 million, or $0.70 per diluted share, versus net income of $13.0 million, or $0.61 per diluted share, in the prior-year period. For the six months ended June 30, 2023, the Company reporte

GRAND RAPIDS, Mich., June 29, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2023 second quarter results on Tuesday, July 25, 2023, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, July 25, 2023. To participate in the live

First Quarter Highlights Highlights for the first quarter of 2023 include: Deposit growth of $93.1 million (excluding brokered time deposits) or 9.1% annualized;An increase in net interest income of 16.5% over the first quarter of 2022;An increase in book value and tangible book value per share of $0.90;Net growth in loans of $44.5 million (or 5.2% annualized); andThe payment of a 23 cent per share dividend on common stock on February 24, 2023. GRAND RAPIDS, Mich., April 27, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported first quarter 2023 net income of $13.0 million, or $0.61 per diluted share, versus net income of $18.0 million, or $0.84 per diluted share

GRAND RAPIDS, Mich., March 29, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2023 first quarter results on Thursday, April 27, 2023, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, April 27, 2023. To participate in the

Fourth Quarter Highlights Highlights for the fourth quarter of 2022 include: Increases in net income and diluted earnings per share of 20.6% and 22.4%, respectively, over the fourth quarter of 2021;An increase in book value and tangible book value per share of $0.72 and $0.74, respectively;Net growth in commercial loans of $58.6 million (or 16.5% annualized);Annualized return on average assets and average equity of 1.21% and 17.94%, respectively;An increase in net interest income of 18.4% over the fourth quarter of 2021; andThe payment of a 22 cent per share dividend on common stock on November 14, 2022. GRAND RAPIDS, Mich., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation

GRAND RAPIDS, Mich., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2022 fourth quarter results on Thursday, January 26, 2023, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 26, 2023. To participate in

GRAND RAPIDS, Mich., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported third quarter 2022 net income of $17.3 million, or $0.81 per diluted share, versus net income of $16.0 million, or $0.73 per diluted share, in the prior-year period. For the nine months ended September 30, 2022, the Company reported net income of $48.3 million, or $2.27 per diluted share, compared to net income of $50.4 million, or $2.30 per diluted share, in the prior-year period. William B. ("Brad") Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: "Our successful expansion into new markets and addition of new banking talent has enabled u

GRAND RAPIDS, Mich., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2022 third quarter results on Tuesday, October 25, 2022, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, October 25, 2022. To participate i

GRAND RAPIDS, Mich., July 26, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported second quarter 2022 net income of $13.0 million, or $0.61 per diluted share, versus net income of $12.4 million, or $0.56 per diluted share, in the prior- year period. For the six months ended June 30, 2022, the Company reported net income of $31.0 million, or $1.45 per diluted share, compared to net income of $34.4 million, or $1.56 per diluted share, in the prior-year period. William B. ("Brad") Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: "I am pleased with our second quarter 2022 performance in which we generated st

GRAND RAPIDS, Mich., June 29, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2022 second quarter results on Tuesday, July 26, 2022, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, July 26, 2022. To participate in the

GRAND RAPIDS, Mich., April 26, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported first quarter 2022 net income of $18.0 million, or $0.84 per diluted share, versus net income of $22.0 million, or $1.00 per diluted share, in the prior-year period. The decrease in 2022 first quarter earnings as compared to 2021 primarily reflects a decrease in non-interest income and an increase in non-interest expense that were partially offset by an increase in net interest income and a decrease in the provision for credit losses. William B. ("Brad") Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: "I am pleased with the first quarter

GRAND RAPIDS, Mich., March 25, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2022 first quarter results on Tuesday, April 26, 2022, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, April 26, 2022. To participate in th

GRAND RAPIDS, Mich., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported fourth quarter 2021 net income of $12.5 million, or $0.58 per diluted share, versus net income of $17.0 million, or $0.77 per diluted share, in the prior-year period. For the year ended December 31, 2021, the Company reported net income of $62.9 million, or $2.88 per diluted share, compared to net income of $56.2 million, or $2.53 per diluted share, in 2020. The increase in full year 2021 net income as compared to 2020 primarily reflects an increase in net interest income and a decrease in provision for credit losses that were partially offset by a decrease in non-interest income and

GRAND RAPIDS, Mich., Dec. 30, 2021 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2021 fourth quarter results on Thursday, January 27, 2022, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 27, 2022. To participate

GRAND RAPIDS, Mich., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP) reported third quarter 2021 net income of $16.0 million, or $0.73 per diluted share, versus net income of $19.6 million, or $0.89 per diluted share, in the prior-year period. For the nine months ended September 30, 2021, the Company reported net income of $50.4 million, or $2.30 per diluted share, compared to net income of $39.2 million, or $1.76 per diluted share, in the prior-year period. Highlights for the third quarter of 2021 include: Annualized return on average assets and on average equity of 1.40% and 15.93%, respectively;An increase in net interest income of 5.7% over the third quar

GRAND RAPIDS, Mich., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2021 third quarter results on Tuesday, October 26, 2021, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the "News" section of the "Investor Relations" area of the Company's website. Brad Kessel, President and CEO and Gavin Mohr, CFO will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, October 26, 2021. To participate in the live conference call, please dial