Detail akcie Independent MI online

Business Summary: Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. It also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Independent Bank Corp (Michigan) interest income increased 42% to $239.7M. Net interest income after loan loss provision increased 4% to $150.1M. Net income decreased 7% to $59.1M. Net interest income after loan loss provision reflects Commercial banking segment increase from $0K to $150.1M. Net income was offset by Deposits increase from $14.2M to $75.1M (expense).