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IBCP| Name | Value |
|---|---|
| Revenues | 77.4M |
| Cost of Revenue | 0.3M |
| Gross Profit | 77.2M |
| Operating Expense | 9.1M |
| Operating I/L | 20.6M |
| Other Income/Expense | 0.0M |
| Interest Income | 65.1M |
| Pretax | 19.8M |
| Income Tax Expense | 3.8M |
| Net Income/Loss | 16.0M |
Independent Bank Corporation, through its subsidiary Independent Bank, offers a range of banking services including checking and savings accounts, commercial lending, consumer financing, mortgage lending, and safe deposit box services. Additionally, the company provides title insurance, insurance brokerage, and investment services. With a network of approximately 59 branches and several loan production offices in Michigan and Ohio, Independent Bank Corporation generates revenue through interest income from loans, fees from banking and financial services, and commissions from insurance and investment products.
