Independent Bank Corporation

For 150 years, we’ve worked hard to earn the business, and the trust, of those across Michigan. Our customers have been our focus since the day we opened our doors, and doing whatever it takes to meet their needs has always been our top priority. IB Brand Video Often, this means going beyond what people expect of a bank. But to us, community banking means serving our customers and communities as more than just their bankers. We’re their friends and neighbors, locally invested the same way they are. But what does that mean for you? It means every time you step in one of our banks – whether in Bad Axe, Detroit, or Grand Rapids – you’ll get the services of a big bank, the service of a small bank, and the kind of support that comes from banking with a trusted partner.
Bank NameIndependent Bank Corporation
Stock ExchangeLSE
IndustryMajor Banks
CountryUnited States
World Region"North America "
CEOMr. William Bradford Kessel CPA
Registered Year1864

  2017 2016 2015
  € m € m € m
Total interest income 98 87 81
Total Interest Expenses 9 7 6
Net Interest income 132 122 114
Total Net Revenue 1 1 3
Earnings per share      
Basic 0.96 1.06 0.88
Diluted 0.95 1.05 0.86
Total current assets
Other assets 54,572 54,033 61,631
Total assets 27,89,355 25,48,950 24,09,066
Total current liabilities
Total liabilities 25,24,422 22,99,970 21,57,974
Total Equity 2,64,933 2,48,980 2,51,092
Net income      
Net cash provided by operating activities 39 24 24
Net cash used for investment activities 278 139 161
Net cash provided by financing activities 211 112 148
Currency in EUR, All numbers in million.      

United States
Bad Axe
Bay City