Welcome to our dedicated page for Independent Bk Mich news (Ticker: IBCP), a resource for investors and traders seeking the latest updates and insights on Independent Bk Mich stock.
Independent Bank Corp. reports news about its Michigan community banking business through Independent Bank, a state-chartered bank subsidiary serving communities across Michigan's Lower Peninsula. Recurring updates cover commercial banking, mortgage lending, retail and consumer banking, investments, insurance and title services, along with operating results tied to loan growth, net interest margin, noninterest income and credit quality.
Company announcements also address common-stock dividends, stock repurchase authorization, shareholder meeting matters, investor presentations and leadership changes within the banking organization. The news flow reflects a bank holding company whose public disclosures center on earnings performance, capital returns, governance and branch-based financial services in Michigan.
Independent Bank Corporation (NASDAQ: IBCP) reported second quarter 2026 net income of $18.8 million, or $0.90 per diluted share, up from $16.9 million, or $0.81, a year earlier. According to Independent Bank Corporation, net interest income rose to $47.9 million, with a net interest margin of 3.71%, up from 3.58% year over year and 3.65% in the first quarter.
Non-interest income increased to $15.3 million, helped by a $1.6 million gain on Visa equity securities and higher mortgage servicing income. Non-interest expense rose to $37.8 million, including merger-related costs and a $0.4 million litigation expense. The provision for credit losses was $2.72 million, with non-performing loans at 0.74% of total loans.
Total assets reached $5.66 billion, loans were $4.41 billion, and deposits $4.86 billion. Tangible common equity per share increased to $24.24, with the bank remaining well above regulatory “well capitalized” thresholds. The company paid a $0.28 quarterly dividend and completed its acquisition of HCB Financial Corp. on July 1, 2026.
Independent Bank Corporation (NASDAQ: IBCP) has appointed attorney Nathan E. Tagg to the Boards of Directors of Independent Bank Corporation, Independent Bank, and Highpoint Community Bank, effective July 21, 2026, and to the Board’s Audit Committee. Tagg previously served on the Boards of HCB Financial Corp. and Highpoint Community Bank until their acquisition by the company on July 1, 2026, and brings extensive legal, governance, healthcare, and community leadership experience. Independent Bank Corporation, a Grand Rapids-based bank holding company with approximately $6.3 billion in total assets and 66 locations across Michigan’s Lower Peninsula, expects full system integration of Highpoint Community Bank’s operations on November 9, 2026.
Independent Bank Corporation (NASDAQ: IBCP) announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on August 14, 2026, to shareholders of record as of August 4, 2026. The Michigan-based bank holding company reports total assets of approximately $5.6 billion and operates a branch network across Michigan's Lower Peninsula through Independent Bank and Highpoint Community Bank.
Independent Bank (NASDAQ: IBCP) will release its Q2 2026 earnings on Thursday, July 23, 2026, at approximately 8:00 a.m. ET.
Management will host a conference call at 11:00 a.m. ET, with webcast, slides, and a replay available via the company’s investor relations website.
Independent Bank Corporation (NASDAQ: IBCP) completed its acquisition of HCB Financial, parent of Highpoint Community Bank. Independent Bank reports total assets of about $5.6 billion, while Highpoint contributes approximately $597 million in assets.
The deal expands Independent Bank’s footprint, bridging its Grand Rapids and Lansing hubs and supporting planned growth into Southwest Michigan. Highpoint’s Mark Kolanowski becomes Executive Vice President and Senior Advisor, and Chelsey Foster becomes Regional President - Commercial Lending. A full system integration is expected by November 9, 2026; customers face no immediate banking changes.
Independent Bank Corporation (NASDAQ: IBCP) received shareholder approval for its planned acquisition of HCB Financial Corp., parent of Highpoint Community Bank.
IBCP has approximately $5.5 billion in assets and HCB about $590 million. Regulatory approvals are in place, and closing is expected on July 1, 2026.
Independent Bank Corporation (NASDAQ: IBCP) received key regulatory approvals to acquire HCB Financial Corp., parent of Highpoint Community Bank. Independent Bank reports total assets of about $5.5 billion, while HCB has about $590 million in assets.
HCB shareholders will vote on June 17, 2026, and, if approved with other conditions satisfied, the merger is expected to be effective July 1, 2026.
Independent Bank Corporation (NASDAQ: IBCP) reported Q1 2026 net income of $16.9 million, or $0.81 per diluted share, versus $15.6 million, or $0.74, year-over-year. Key metrics: net interest income of $46.9 million, net interest margin of 3.65%, core deposit growth of $80.4 million, and tangible common equity per share of $23.38.
Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.28 per share, payable May 14, 2026, to shareholders of record on May 4, 2026.
The company is a Michigan-based bank holding company with total assets of approximately $5.5 billion and a branch network across Michigan's Lower Peninsula.
Independent Bank Corporation (NASDAQ: IBCP) will release first quarter 2026 results on Thursday, April 23, 2026 at ~8:00 am ET with a conference call at 11:00 am ET.
Management presenters include Brad Kessel (President & CEO), Gavin Mohr (CFO) and Joel Rahn (EVP Commercial Banking). Webcast and replay (available until April 23, 2027) will be on the company investor site.
Company assets are approximately $5.5 billion.