$IBCP
INDEPENDENT BANK CORP /MI/ Stock $ibcp

$ibcp Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000003931123000077 Filed on August 04, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$9.111M	$8.068M
YoY Change	6.89%	-78.97%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.600M	$2.524M
YoY Change	-0.23%	-11.93%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$23.01M	$19.60M
YoY Change	357.54%	750.98%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$21.65M	$18.20M
YoY Change	1.91%	14.62%
Income Tax	$4.100M	$3.412M
% Of Pretax Income	18.94%	18.75%
Net Earnings	$17.54M	$14.79M
YoY Change	1.42%	13.76%
Net Earnings / Revenue	192.55%	183.32%
Basic Earnings Per Share	$0.84	$0.70
Diluted Earnings Per Share	$0.83	$0.70
COMMON SHARES
Basic Shares Outstanding	20.94M shares	21.14M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$127.5M	$129.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$35.35M	$36.16M
YoY Change	-1.02%	0.02%
Goodwill	$28.30M	$28.30M
YoY Change	0.0%	0.0%
Intangibles	$2.141M	$2.278M
YoY Change	-20.62%	-20.65%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$5.200B	$5.136B
YoY Change	5.45%	6.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$110.2M	$103.6M
YoY Change	3.69%	3.61%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$110.2M	$103.6M
YoY Change	3.69%	3.61%
LONG-TERM LIABILITIES
Long-Term Debt	$79.20M	$79.17M
YoY Change	0.18%	0.17%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$79.20M	$79.17M
YoY Change	0.18%	0.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$110.2M	$103.6M
Total Long-Term Liabilities	$79.20M	$79.17M
Total Liabilities	$4.825B	$4.760B
YoY Change	4.91%	5.9%
SHAREHOLDERS EQUITY
Retained Earnings	$150.2M	$137.4M
YoY Change	37.86%	42.78%
Common Stock	$317.1M	$318.2M
YoY Change	-1.03%	-0.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$375.0M	$375.2M
YoY Change
Total Liabilities & Shareholders Equity	$5.200B	$5.136B
YoY Change	5.45%	6.41%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$17.54M	$14.79M
YoY Change	1.42%	13.76%
Depreciation, Depletion And Amortization	$2.600M	$2.524M
YoY Change	-0.23%	-11.93%
Cash From Operating Activities	$25.50M	$9.789M
YoY Change	-25.53%	-56.6%
INVESTING ACTIVITIES
Capital Expenditures	$1.400M	$1.746M
YoY Change	-239.58%	-398.46%
Acquisitions
YoY Change
Other Investing Activities	-$77.20M	-$80.62M
YoY Change	-32.95%	-44.63%
Cash From Investing Activities	-$78.60M	-$82.37M
YoY Change	-32.32%	-43.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	51.40M	-25.25M
YoY Change	-44.75%	-134.44%
NET CHANGE
Cash From Operating Activities	25.50M	9.789M
Cash From Investing Activities	-78.60M	-82.37M
Cash From Financing Activities	51.40M	-25.25M
Net Change In Cash	-1.700M	-97.83M
YoY Change	-115.25%	94.35%
FREE CASH FLOW
Cash From Operating Activities	$25.50M	$9.789M
Capital Expenditures	$1.400M	$1.746M
Free Cash Flow	$24.10M	$8.043M
YoY Change	-31.62%	-65.24%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	ibcp	Current Expected Credit Loss Transition Method For Regulatory Purpose CurrentExpectedCreditLossTransitionMethodForRegulatoryPurpose	P3Y
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2023Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilities
CY2022Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilities
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21063971	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	21063971	shares
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3071000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2966000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-77589000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-266226000	usd
	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	108567000	usd
	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	173484000	usd
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	-60991000	usd
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	498000	usd
	us-gaap	Proceeds From Federal Home Loan Bank Borrowings ProceedsFromFederalHomeLoanBankBorrowings	135000000	usd
	us-gaap	Proceeds From Federal Home Loan Bank Borrowings ProceedsFromFederalHomeLoanBankBorrowings	35000000	usd
	us-gaap	Repayments Of Federal Home Loan Bank Borrowings RepaymentsOfFederalHomeLoanBankBorrowings	70000000	usd
	us-gaap	Repayments Of Federal Home Loan Bank Borrowings RepaymentsOfFederalHomeLoanBankBorrowings	40000000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	9718000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	9298000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	71000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	32000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3270000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4010000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	597000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	592000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	99062000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	155114000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	54821000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-49987000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	74371000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	109473000	usd
	us-gaap	Interest Paid Net InterestPaidNet	32812000	usd
	us-gaap	Interest Paid Net InterestPaidNet	3950000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	7600000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	3940000	usd
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	604000	usd
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	599000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	786000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	264000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	367714000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	14790000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.23
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4858000	usd
CY2023Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	200000	shares
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3270000	usd
CY2023Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	7500	shares
CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	23000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	200000	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3270000	usd
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	23000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	71000	usd
	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	86763	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1046000	usd
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	30040	shares
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	597000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	12253000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	375162000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	398484000	usd
	us-gaap	Net Income Loss NetIncomeLoss	30968000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.44
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9298000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	181586	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	4010000	usd
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	21632	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	32000	usd
	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	64354	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1054000	usd
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	26218	shares
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	592000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-85504000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	331134000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss	804808000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	514000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	73545000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	731777000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss	866363000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	329000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	87345000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	779347000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss	360926000	usd
CY2023Q2	ibcp	Debt Securities Held To Maturity Transfer Unrealized Loss DebtSecuritiesHeldToMaturityTransferUnrealizedLoss	21280000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	160000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss	382366000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	39000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	60545000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	321860000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss	374818000	usd
CY2022Q4	ibcp	Debt Securities Held To Maturity Transfer Unrealized Loss DebtSecuritiesHeldToMaturityTransferUnrealizedLoss	23066000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	168000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss	398052000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	11000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	62645000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	335418000	usd
CY2022Q2	ibcp	Debt Securities Available For Sale Transferred To Held To Maturity Amortized Cost Basis DebtSecuritiesAvailableForSaleTransferredToHeldToMaturityAmortizedCostBasis	418100000	usd
CY2022Q2	ibcp	Debt Securities Available For Sale Transferred To Held To Maturity Unrealized Loss Position DebtSecuritiesAvailableForSaleTransferredToHeldToMaturityUnrealizedLossPosition	26500000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	15228000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	394000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	710035000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	73151000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	725263000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	73545000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	275781000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	19984000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	490301000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	67361000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	766082000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	87345000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	4700000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	4700000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2022Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	1700000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	1800000	usd
CY2023Q1	ibcp	Debt Securities Held To Maturity Defaulted Number Of Securities DebtSecuritiesHeldToMaturityDefaultedNumberOfSecurities	1	security
CY2023Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Writeoff DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossWriteoff	3000000	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	3000000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	160000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	168000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	50550000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	3317000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	747000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	650000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	53964000	usd
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	45627000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	2221000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	653000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	618000	usd
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	47883000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	52435000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	2485000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	1325000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	2281000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	53964000	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	47252000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	648000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	1274000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	1291000	usd
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	47883000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance	1707000	usd
CY2023Q2	ibcp	Financing Receivable Nonaccrual With Allowance For Credit Loss FinancingReceivableNonaccrualWithAllowanceForCreditLoss	2287000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	3994000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing	0	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance	1339000	usd
CY2022Q4	ibcp	Financing Receivable Nonaccrual With Allowance For Credit Loss FinancingReceivableNonaccrualWithAllowanceForCreditLoss	2382000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	3721000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing	0	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	3631114000	usd
CY2023Q2	us-gaap	Financing Receivable Accrued Interest Before Allowance For Credit Loss FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss	11195000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	3465352000	usd
CY2022Q4	us-gaap	Financing Receivable Accrued Interest Before Allowance For Credit Loss FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss	10009000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	0	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Modified Subsequent Default FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault	0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Modified Subsequent Default FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault	0	usd
	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	1	loan
	ibcp	Financing Receivable Modified Term Increase From Modification FinancingReceivableModifiedTermIncreaseFromModification	P34M
	us-gaap	Financing Receivable Modifications Post Modification Recorded Investment2 FinancingReceivableModificationsPostModificationRecordedInvestment2	300000	usd
	us-gaap	Financing Receivable Modifications Pre Modification Recorded Investment2 FinancingReceivableModificationsPreModificationRecordedInvestment2	300000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	30000.00	usd
	us-gaap	Financing Receivables Impaired Troubled Debt Restructuring Write Down FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown	0	usd
	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	0	usd
CY2022Q2	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	0	usd
	ibcp	Past Due Period For Modified Loans PastDuePeriodForModifiedLoans	P90D
CY2023Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	700000	usd
CY2022Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	400000	usd
CY2023Q2	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	200000	usd
CY2022Q4	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	800000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	14790000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	13001000	usd
	us-gaap	Net Income Loss NetIncomeLoss	27781000	usd
	us-gaap	Net Income Loss NetIncomeLoss	30968000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21041000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21070000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21072000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21131000	shares
CY2023Q2	ibcp	Stock Units For Deferred Compensation Plan For Non Employee Directors StockUnitsForDeferredCompensationPlanForNonEmployeeDirectors	156000	shares
CY2022Q2	ibcp	Stock Units For Deferred Compensation Plan For Non Employee Directors StockUnitsForDeferredCompensationPlanForNonEmployeeDirectors	133000	shares
	ibcp	Stock Units For Deferred Compensation Plan For Non Employee Directors StockUnitsForDeferredCompensationPlanForNonEmployeeDirectors	154000	shares
	ibcp	Stock Units For Deferred Compensation Plan For Non Employee Directors StockUnitsForDeferredCompensationPlanForNonEmployeeDirectors	131000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	8000	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	42000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	14000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	49000	shares
CY2023Q2	ibcp	Weighted Average Number Of Performance Shares Stock WeightedAverageNumberOfPerformanceSharesStock	18000	shares
CY2022Q2	ibcp	Weighted Average Number Of Performance Shares Stock WeightedAverageNumberOfPerformanceSharesStock	21000	shares
	ibcp	Weighted Average Number Of Performance Shares Stock WeightedAverageNumberOfPerformanceSharesStock	20000	shares
	ibcp	Weighted Average Number Of Performance Shares Stock WeightedAverageNumberOfPerformanceSharesStock	23000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	21223000	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	21266000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	21260000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	21334000	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.70
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.62
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.32
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.47
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.70
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.61
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.31
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.45
CY2023Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	39717000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	39747000	usd
CY2023Q2	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	17854000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	19127000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	11916000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	9638000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	11916000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	9365000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	28300000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	28300000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	274000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	516000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	487000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	460000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	434000	usd
CY2023Q2	ibcp	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	107000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2278000	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	600000	shares
CY2023Q2	ibcp	Shares Issued On Deferral Basis Credited Percentage Of Current Value SharesIssuedOnDeferralBasisCreditedPercentageOfCurrentValue	0.90
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	3500000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y1M6D
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3400000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2900000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6300000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7000000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	10000.00	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	40000.00	usd
CY2022Q2	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	20000.00	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	80000.00	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	200000	usd
CY2023Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	200000	usd
CY2023Q2	ibcp	Retained Earnings Accumulated Deficit Subsidiary RetainedEarningsAccumulatedDeficitSubsidiary	155200000	usd
CY2023Q2	us-gaap	Banking Regulation Capital Conservation Buffer Capital Conserved Minimum BankingRegulationCapitalConservationBufferCapitalConservedMinimum	0.025
CY2022Q4	us-gaap	Banking Regulation Capital Conservation Buffer Capital Conserved Minimum BankingRegulationCapitalConservationBufferCapitalConservedMinimum	0.0250
CY2023Q2	us-gaap	Banking Regulation Capital Conservation Buffer Capital Conserved Minimum BankingRegulationCapitalConservationBufferCapitalConservedMinimum	0.0250
	ibcp	Loans Held For Sale Unrealized Gain Loss LoansHeldForSaleUnrealizedGainLoss	1739000	usd
	ibcp	Servicing Asset Unrealized Gain Loss ServicingAssetUnrealizedGainLoss	-15000	usd
	ibcp	Loans Held For Sale Unrealized Gain Loss LoansHeldForSaleUnrealizedGainLoss	-1806000	usd
	ibcp	Servicing Asset Unrealized Gain Loss ServicingAssetUnrealizedGainLoss	9596000	usd
CY2023Q2	ibcp	Collateral Dependent Loans Carrying Amount CollateralDependentLoansCarryingAmount	2800000	usd
CY2023Q2	ibcp	Collateral Dependent Loans Valuation Allowance CollateralDependentLoansValuationAllowance	2400000	usd
CY2022Q4	ibcp	Collateral Dependent Loans Carrying Amount CollateralDependentLoansCarryingAmount	2200000	usd
CY2022Q4	ibcp	Collateral Dependent Loans Valuation Allowance CollateralDependentLoansValuationAllowance	2100000	usd
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1700000	usd
CY2022Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2000000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	200000	usd
CY2023Q2	us-gaap	Other Real Estate OtherRealEstate	100000	usd
CY2023Q2	us-gaap	Real Estate Owned Valuation Allowance RealEstateOwnedValuationAllowance	100000	usd
CY2022Q4	us-gaap	Other Real Estate OtherRealEstate	0	usd
CY2022Q4	us-gaap	Real Estate Owned Valuation Allowance RealEstateOwnedValuationAllowance	0	usd
CY2023Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	100000	usd
CY2022Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	100000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2023Q2	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	20270000	usd
CY2023Q2	us-gaap	Fair Value Option Aggregate Differences Loans And Long Term Receivables FairValueOptionAggregateDifferencesLoansAndLongTermReceivables	-603000	usd
CY2023Q2	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	20873000	usd
CY2022Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	26518000	usd
CY2022Q4	us-gaap	Fair Value Option Aggregate Differences Loans And Long Term Receivables FairValueOptionAggregateDifferencesLoansAndLongTermReceivables	-2342000	usd
CY2022Q4	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	28860000	usd
CY2023Q2	ibcp	Reciprocal Deposits Included In Deposits With No Stated Maturity ReciprocalDepositsIncludedInDepositsWithNoStatedMaturity	630111000	usd
CY2022Q4	ibcp	Reciprocal Deposits Included In Deposits With No Stated Maturity ReciprocalDepositsIncludedInDepositsWithNoStatedMaturity	555781000	usd
CY2023Q2	ibcp	Reciprocal Deposits Included In Deposits With Stated Maturity ReciprocalDepositsIncludedInDepositsWithStatedMaturity	90874000	usd
CY2022Q4	ibcp	Reciprocal Deposits Included In Deposits With Stated Maturity ReciprocalDepositsIncludedInDepositsWithStatedMaturity	46794000	usd
CY2023Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	279000	usd
CY2023Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-22000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	301000	usd
CY2022Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-30317000	usd
CY2022Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	272000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-30589000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	11990000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-263000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	12253000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-85287000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	217000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-85504000	usd
	ibcp	Percentage Of Revenue Excluded From Asu201409 PercentageOfRevenueExcludedFromASU201409	0.868
	ibcp	Percentage Of Revenue Excluded From Asu201409 PercentageOfRevenueExcludedFromASU201409	0.834
CY2023Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0	usd
	ibcp	Number Of Real Estate Assets Sold NumberOfRealEstateAssetsSold	0	asset
	ibcp	Number Of Real Estate Assets Sold NumberOfRealEstateAssetsSold	0	asset
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	8068000	usd
CY2023Q2	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	98000	usd
CY2023Q2	ibcp	Noninterest Income Other Operating Income Other NoninterestIncomeOtherOperatingIncomeOther	1457000	usd
CY2023Q2	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	3134000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7825000	usd
CY2022Q2	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	105000	usd
CY2022Q2	ibcp	Noninterest Income Other Operating Income Other NoninterestIncomeOtherOperatingIncomeOther	1632000	usd
CY2022Q2	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	3044000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15633000	usd
	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	209000	usd
	ibcp	Noninterest Income Other Operating Income Other NoninterestIncomeOtherOperatingIncomeOther	2572000	usd
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	5863000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15224000	usd
	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	243000	usd
	ibcp	Noninterest Income Other Operating Income Other NoninterestIncomeOtherOperatingIncomeOther	2497000	usd
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	5407000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	359000	usd
CY2022Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	408000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	721000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	823000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	24000	usd
CY2022Q2	us-gaap	Variable Lease Cost VariableLeaseCost	25000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	48000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	41000	usd
CY2023Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	24000	usd
CY2022Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	19000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	46000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	37000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	407000	usd
CY2022Q2	us-gaap	Lease Cost LeaseCost	452000	usd
	us-gaap	Lease Cost LeaseCost	815000	usd
	us-gaap	Lease Cost LeaseCost	901000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4895000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5544000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5081000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5769000	usd
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M24D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y10M9D
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.024
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.024
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	712000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1063000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	994000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	820000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	630000	usd
CY2023Q2	ibcp	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	1197000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	5416000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	335000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5081000	usd
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000039311-23-000077-index-headers.html	Edgar Link	pending
0000039311-23-000077-index.html	Edgar Link	pending
0000039311-23-000077.txt	Edgar Link	pending
0000039311-23-000077-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ibcp-20230630.htm	Edgar Link	pending
ibcp-20230630.xsd	Edgar Link	pending
ibcp-20230630xex311.htm	Edgar Link	pending
ibcp-20230630xex312.htm	Edgar Link	pending
ibcp-20230630xex321.htm	Edgar Link	pending
ibcp-20230630xex322.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
ibcp-20230630_lab.xml	Edgar Link	unprocessable
ibcp-20230630_cal.xml	Edgar Link	unprocessable
ibcp-20230630_pre.xml	Edgar Link	unprocessable
ibcp-20230630_htm.xml	Edgar Link	completed
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
ibcp-20230630_def.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$IBCP
INDEPENDENT BANK CORP /MI/ Stock $ibcp

2023 Q3 Form 10-Q Financial Statement

#000003931123000077 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IBCP INDEPENDENT BANK CORP /MI/ Stock $ibcp

2023 Q3 Form 10-Q Financial Statement

#000003931123000077 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IBCP
INDEPENDENT BANK CORP /MI/ Stock $ibcp