Independent Bank (IBCP) - 2024 Q2 - Earnings Call Presentation

9 CET1 Ratio (%) Total RBC Ratio (%) 13.8 13.6 13.6 13.7 13.9 14.2 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 • Long-term capital Priorities: Capital retention to support organic growth, acquisitions and return of capital through strong and consistent dividends and share repurchases. Yields, NIM and Cost of Funds (%) Net Interest Margin/Income • Net interest income was $41.3 million in 2Q'24 compared to $38.4 million in the prior year quarter. An increase in average earning assets and the net interest margin compa ...