Independent Bank Corporation Reports 2025 Third Quarter Results
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 div ...