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 Independent Bank
Independent Bank
| RSSD ID 636771 | CERTIFICATE 27811 | ABA NUMBER 72402652 |
| 4200 E Beltline Ave Ne |
Quarter Ended : |
2025-12-31 |
| Grand Rapids, Michigan, 49525 |
Updated : |
2026-01-22 |
| www.independentbank.com |
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| Institution Profile |
| Year Opened : |
1890 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
59 |
Number of Employees : |
782 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 5,499,615 |
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Total Interest Income | 270,313 |
| Total Liabilities | 5,008,704 |
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Total NonInterest Income | 45,637 |
| Total Bank Equity Capital | 490,911 |
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Total Interest Expense | 85,682 |
| Total Deposits | 4,819,251 |
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Total NonInterest Expense | 137,791 |
| Net Loans & Leases | 4,216,498 |
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Net Income | 71,967 |
| Loan Loss Allowance | 63,445 |
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Net Charge Offs | 1,610 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 570,750 |
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Total loans | 4,252,043 |
| Total assets for the leverage ratio | 5,485,558 |
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Loans secured by real estate: | 3,140,926 |
| Tier 1 Leverage Ratio | 9.36 |
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Commercial and industrial loans | 566,966 |
| Tier 1 Capital Ratio | 11.24 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.49 |
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Loans to individuals - Other | 531,930 |
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:· Independent Bank
