$IBCP
INDEPENDENT BANK CORP /MI/ Stock $ibcp

$ibcp Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000114036122017761 Filed on May 05, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$34.74M	$32.50M
YoY Change	6.89%	-8.65%
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	$2.868M	$3.200M
YoY Change	-10.38%	77.78%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$1.740M	$2.218M
YoY Change	-21.55%	-58.83%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$22.07M	$27.14M
YoY Change	-18.68%	371.64%
Income Tax	$4.100M	$5.100M
% Of Pretax Income	18.58%	18.79%
Net Earnings	$17.97M	$22.04M
YoY Change	-18.47%	358.15%
Net Earnings / Revenue	51.72%	67.8%
Basic Earnings Per Share	$0.85	$1.01
Diluted Earnings Per Share	$0.84	$1.00
COMMON SHARES
Basic Shares Outstanding	21.19M	21.83M
Diluted Shares Outstanding

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$109.8M	$130.5M
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	$43.45M	$36.74M
YoY Change	18.29%	-2.75%
Goodwill	$28.30M	$28.30M
YoY Change	0.0%	0.0%
Intangibles		$4.063M
YoY Change		-19.88%
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	$4.762B	$4.426B
YoY Change	7.58%	21.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$92.05M	$71.70M
YoY Change	28.38%	-0.14%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$92.05M	$71.70M
YoY Change	28.38%	-0.14%
LONG-TERM LIABILITIES
Long-Term Debt	$78.99M	$78.80M
YoY Change	0.24%	99.49%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$78.99M	$78.80M
YoY Change	0.24%	99.49%
TOTAL LIABILITIES
Total Short-Term Liabilities	$92.05M	$71.70M
Total Long-Term Liabilities	$78.99M	$78.80M
Total Liabilities	$4.407B	$4.039B
YoY Change	9.1%	22.52%
SHAREHOLDERS EQUITY
Retained Earnings		$47.29M
YoY Change		2332.46%
Common Stock		$335.7M
YoY Change		-0.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$355.4M	$387.3M
YoY Change
Total Liabilities & Shareholders Equity	$4.762B	$4.426B
YoY Change	7.58%	1121.47%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	$17.97M	$22.04M
YoY Change	-18.47%	358.15%
Depreciation, Depletion And Amortization	$2.868M	$3.200M
YoY Change	-10.38%	77.78%
Cash From Operating Activities	$38.57M	$35.07M
YoY Change	10.0%	57.37%
INVESTING ACTIVITIES
Capital Expenditures	-$2.381M	$1.947M
YoY Change	-222.29%	156.18%
Acquisitions
YoY Change
Other Investing Activities	-$117.6M	-$233.8M
YoY Change	-49.68%	304.5%
Cash From Investing Activities	-$120.0M	-$235.8M
YoY Change	-49.1%	302.46%
FINANCING ACTIVITIES
Cash Dividend Paid	$4.667M	$4.592M
YoY Change	1.63%	2.57%
Common Stock Issuance & Retirement, Net		$3.582M
YoY Change		-73.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	81.81M	212.5M
YoY Change	-61.51%	414.69%
NET CHANGE
Cash From Operating Activities	38.57M	35.07M
Cash From Investing Activities	-120.0M	-235.8M
Cash From Financing Activities	81.81M	212.5M
Net Change In Cash	348.0K	11.80M
YoY Change	-97.05%	136.66%
FREE CASH FLOW
Cash From Operating Activities	$38.57M	$35.07M
Capital Expenditures	-$2.381M	$1.947M
Free Cash Flow	$40.95M	$33.12M
YoY Change	23.65%	53.88%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000039311
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q1	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	962000
CY2022Q1	us-gaap	Interest Expense InterestExpense	1740000
CY2022Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	28418000
CY2021Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	28105000
CY2022Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	4552000
CY2021Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	2796000
CY2022Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	1554000
CY2021Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	1384000
CY2022Q1	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	217000
CY2021Q1	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	217000
CY2022Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	34741000
CY2021Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	32502000
CY2022Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	767000
CY2021Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	1256000
CY2022Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	973000
CY2021Q1	us-gaap	Interest Expense InterestExpense	2218000
CY2022Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	33001000
CY2021Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	30284000
CY2022Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	835000
CY2021Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	12828000
CY2022Q1	us-gaap	Marketable Securities Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments	70000
CY2021Q1	us-gaap	Marketable Securities Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments	1416000
CY2022Q1	ibcp	Mortgage Loan Servicing Income MortgageLoanServicingIncome	9641000
CY2021Q1	ibcp	Mortgage Loan Servicing Income MortgageLoanServicingIncome	5167000
CY2022Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-1573000
CY2021Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-474000
CY2022Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	34574000
CY2021Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	30758000
CY2022Q1	ibcp	Interchange Income InterchangeIncome	3082000
CY2021Q1	ibcp	Interchange Income InterchangeIncome	3049000
CY2022Q1	ibcp	Depositor Accounts Fees And Commissions DepositorAccountsFeesAndCommissions	2957000
CY2021Q1	ibcp	Depositor Accounts Fees And Commissions DepositorAccountsFeesAndCommissions	1916000
CY2022Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2363000
CY2021Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2030000
CY2022Q1	us-gaap	Noninterest Income NoninterestIncome	18948000
CY2021Q1	us-gaap	Noninterest Income NoninterestIncome	26406000
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	20130000
CY2021Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	18522000
CY2022Q1	us-gaap	Occupancy Net OccupancyNet	2543000
CY2021Q1	us-gaap	Occupancy Net OccupancyNet	2343000
CY2022Q1	ibcp	Data Processing DataProcessing	2216000
CY2021Q1	ibcp	Data Processing DataProcessing	2374000
CY2022Q1	us-gaap	Equipment Expense EquipmentExpense	1045000
CY2021Q1	us-gaap	Equipment Expense EquipmentExpense	1003000
CY2022Q1	ibcp	Interchange Expense InterchangeExpense	1011000
CY2021Q1	ibcp	Interchange Expense InterchangeExpense	948000
CY2022Q1	us-gaap	Communication Communication	757000
CY2021Q1	us-gaap	Communication Communication	881000
CY2022Q1	us-gaap	Advertising Expense AdvertisingExpense	680000
CY2021Q1	us-gaap	Advertising Expense AdvertisingExpense	489000
CY2022Q1	ibcp	Loan And Collection LoanAndCollection	559000
CY2021Q1	ibcp	Loan And Collection LoanAndCollection	759000
CY2022Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	522000
CY2021Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	330000
CY2022Q1	us-gaap	Professional Fees ProfessionalFees	493000
CY2021Q1	us-gaap	Professional Fees ProfessionalFees	499000
CY2022Q1	ibcp	Conversion Related Expense ConversionRelatedExpense	44000
CY2021Q1	ibcp	Conversion Related Expense ConversionRelatedExpense	218000
CY2022Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	55000
CY2021Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	180000
CY2022Q1	ibcp	Recoveries Related To Unfunded Lending Commitments RecoveriesRelatedToUnfundedLendingCommitments	355000
CY2021Q1	ibcp	Recoveries Related To Unfunded Lending Commitments RecoveriesRelatedToUnfundedLendingCommitments	32000
CY2022Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	1860000
CY2021Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	1867000
CY2022Q1	us-gaap	Noninterest Expense NoninterestExpense	31450000
CY2021Q1	us-gaap	Noninterest Expense NoninterestExpense	30021000
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	22072000
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27143000
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4105000
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5106000
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	17967000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	22037000
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.85
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.01
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.84
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.00
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	17967000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	22037000
CY2022Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-69442000
CY2021Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-5781000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	70000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	1416000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax	-69512000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax	-7197000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	-14597000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	-1511000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-54915000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-5686000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-54915000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5686000
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-36948000
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	16351000
CY2021Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-474000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	398484000
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	17967000
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.22
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4667000
CY2022Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	59002
CY2022Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1384000
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	15100
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	13000
CY2022Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	65461
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CY2022Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	24365
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	560000
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CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	355449000
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CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.21
CY2021Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4592000
CY2021Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	180667
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CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	387329000
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CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	33530000
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	545000
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	641453000
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	8622000
CY2022Q1	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	0
CY2022Q1	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	6100000
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CY2022Q1	us-gaap	Debt Securities Available For Sale Change In Present Value Expense Reversal DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal	0
CY2021Q1	us-gaap	Debt Securities Available For Sale Change In Present Value Expense Reversal DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal	0
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	13474000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	13508000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	146741000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	141769000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	263941000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	248638000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	324518000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	306389000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	748674000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate	710304000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost	292590000
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	277003000
CY2022Q1	ibcp	Government Agency Commercial Mortgage Backed Without Single Maturity Date Amortized Cost Basis GovernmentAgencyCommercialMortgageBackedWithoutSingleMaturityDateAmortizedCostBasis	22663000
CY2022Q1	ibcp	Government Agency Commercial Mortgage Backed Debt Maturities Without Single Maturity Date Fair Value GovernmentAgencyCommercialMortgageBackedDebtMaturitiesWithoutSingleMaturityDateFairValue	21591000
CY2022Q1	ibcp	Private Label Mortgage Backed Without Single Maturity Date Amortized Cost Basis PrivateLabelMortgageBackedWithoutSingleMaturityDateAmortizedCostBasis	115928000
CY2022Q1	ibcp	Private Label Mortgage Backed Debt Maturities Without Single Maturity Date Fair Value PrivateLabelMortgageBackedDebtMaturitiesWithoutSingleMaturityDateFairValue	112083000
CY2022Q1	ibcp	Other Asset Backed Without Single Maturity Date Amortized Cost Basis OtherAssetBackedWithoutSingleMaturityDateAmortizedCostBasis	281822000
CY2022Q1	ibcp	Other Asset Backed Debt Maturities Without Single Maturity Date Fair Value OtherAssetBackedDebtMaturitiesWithoutSingleMaturityDateFairValue	279156000
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CY2022Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1400137000
CY2022Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	4395000
CY2022Q1	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	70000
CY2022Q1	us-gaap	Debt Securities Available For Sale Realized Loss DebtSecuritiesAvailableForSaleRealizedLoss	0
CY2021Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	78179000
CY2021Q1	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	1464000
CY2021Q1	us-gaap	Debt Securities Available For Sale Realized Loss DebtSecuritiesAvailableForSaleRealizedLoss	48000
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	47252000
CY2022Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-1573000
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	621000
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	673000
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	45627000
CY2020Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	35429000
CY2021Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-474000
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease	134000
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	548000
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	456000
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	46755000
CY2022Q1	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	675000
CY2022Q1	ibcp	Financing Receivable Nonaccrual With Allowance For Credit Loss FinancingReceivableNonaccrualWithAllowanceForCreditLoss	4359000
CY2022Q1	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	5034000
CY2022Q1	us-gaap	Financing Receivable Recorded Investment90 Days Past Due And Still Accruing FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing	0
CY2021Q4	ibcp	Financing Receivable Nonaccrual With Allowance For Credit Loss FinancingReceivableNonaccrualWithAllowanceForCreditLoss	3791000
CY2021Q4	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	1319000
CY2021Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	5110000
CY2021Q4	us-gaap	Financing Receivable Recorded Investment90 Days Past Due And Still Accruing FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing	0
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	3004065000
CY2022Q1	us-gaap	Financing Receivable Accrued Interest Before Allowance For Credit Loss FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss	6677000
CY2021Q4	ibcp	Loans And Leases Receivable Recorded Investment LoansAndLeasesReceivableRecordedInvestment	2905045000
CY2021Q4	us-gaap	Financing Receivable Accrued Interest Before Allowance For Credit Loss FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss	6836000
CY2022Q1	ibcp	Troubled Debt Restructuring Loans And Leases Receivable Specific Allowance TroubledDebtRestructuringLoansAndLeasesReceivableSpecificAllowance	3300000
CY2021Q4	ibcp	Troubled Debt Restructuring Loans And Leases Receivable Specific Allowance TroubledDebtRestructuringLoansAndLeasesReceivableSpecificAllowance	3600000
CY2022Q1	ibcp	Troubled Debt Restructuring TroubledDebtRestructuring	35907000
CY2021Q4	ibcp	Troubled Debt Restructuring TroubledDebtRestructuring	37086000
CY2022Q1	ibcp	Number Of Consecutive Timely Payments Required NumberOfConsecutiveTimelyPaymentsRequired	6
CY2022Q1	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	1
CY2021Q1	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	0
CY2022Q1	ibcp	Financing Receivable Modifications Of Maturity Date FinancingReceivableModificationsOfMaturityDate	P34M
CY2022Q1	us-gaap	Financing Receivable Modifications Post Modification Recorded Investment2 FinancingReceivableModificationsPostModificationRecordedInvestment2	300000
CY2022Q1	us-gaap	Financing Receivable Modifications Pre Modification Recorded Investment2 FinancingReceivableModificationsPreModificationRecordedInvestment2	300000
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	30000.00
CY2022Q1	us-gaap	Financing Receivables Impaired Troubled Debt Restructuring Write Down FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown	0
CY2022Q1	ibcp	Allowance For Doubtful Accounts Receivable Charge Offs Due To Tdr AllowanceForDoubtfulAccountsReceivableChargeOffsDueToTDR	0
CY2022Q1	ibcp	Past Due Period For Modified Loans PastDuePeriodForModifiedLoans	P90D
CY2022Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	400000
CY2021Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	200000
CY2022Q1	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	700000
CY2021Q4	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	600000
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.84
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.00
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	17967000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	22037000
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21192000
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21826000
CY2022Q1	ibcp	Stock Units For Deferred Compensation Plan For Non Employee Directors StockUnitsForDeferredCompensationPlanForNonEmployeeDirectors	128000
CY2021Q1	ibcp	Stock Units For Deferred Compensation Plan For Non Employee Directors StockUnitsForDeferredCompensationPlanForNonEmployeeDirectors	120000
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	56000
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	83000
CY2022Q1	ibcp	Weighted Average Number Of Performance Shares Stock WeightedAverageNumberOfPerformanceSharesStock	22000
CY2021Q1	ibcp	Weighted Average Number Of Performance Shares Stock WeightedAverageNumberOfPerformanceSharesStock	30000
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	21398000
CY2021Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	22059000
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.85
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.01
CY2022Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	20557000
CY2021Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	12283000
CY2022Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	9045000
CY2021Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	5961000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	11916000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	8812000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	11916000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	8580000
CY2022Q1	us-gaap	Goodwill Goodwill	28300000
CY2021Q4	us-gaap	Goodwill Goodwill	28300000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	553000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	547000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	516000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	487000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	460000
CY2022Q1	ibcp	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	541000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3104000
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	600000
CY2022Q1	ibcp	Shares Issued On Deferral Basis Credited Percentage Of Current Value SharesIssuedOnDeferralBasisCreditedPercentageOfCurrentValue	0.90
CY2022Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	3700000
CY2022Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y3M18D
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4100000
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5100000
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	-100000
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	-100000
CY2021Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	200000
CY2022Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	200000
CY2022Q1	ibcp	Retained Earnings Accumulated Deficit Subsidiary RetainedEarningsAccumulatedDeficitSubsidiary	110600000
CY2021Q4	us-gaap	Banking Regulation Capital Conservation Buffer Capital Conserved Minimum BankingRegulationCapitalConservationBufferCapitalConservedMinimum	0.0250
CY2022Q1	us-gaap	Banking Regulation Capital Conservation Buffer Capital Conserved Minimum BankingRegulationCapitalConservationBufferCapitalConservedMinimum	0.0250
CY2022Q1	ibcp	Current Expected Credit Loss Transition Method For Regulatory Purpose CurrentExpectedCreditLossTransitionMethodForRegulatoryPurpose	P3Y
CY2022Q1	ibcp	Loans Held For Sale Unrealized Gain Loss LoansHeldForSaleUnrealizedGainLoss	-1816000
CY2022Q1	ibcp	Servicing Asset Unrealized Gain Loss ServicingAssetUnrealizedGainLoss	7558000
CY2021Q1	ibcp	Loans Held For Sale Unrealized Gain Loss LoansHeldForSaleUnrealizedGainLoss	-2598000
CY2021Q1	ibcp	Servicing Asset Unrealized Gain Loss ServicingAssetUnrealizedGainLoss	3257000
CY2022Q1	ibcp	Collateral Dependent Loans Carrying Amount CollateralDependentLoansCarryingAmount	1100000
CY2022Q1	ibcp	Collateral Dependent Loans Valuation Allowance CollateralDependentLoansValuationAllowance	500000
CY2021Q4	ibcp	Collateral Dependent Loans Carrying Amount CollateralDependentLoansCarryingAmount	1400000
CY2021Q4	ibcp	Collateral Dependent Loans Valuation Allowance CollateralDependentLoansValuationAllowance	600000
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	200000
CY2022Q1	ibcp	Other Real Estate Impaired Net Reserves OtherRealEstateImpairedNetReserves	0
CY2022Q1	us-gaap	Real Estate Owned Valuation Allowance RealEstateOwnedValuationAllowance	30000.00
CY2021Q4	ibcp	Other Real Estate Impaired Net Reserves OtherRealEstateImpairedNetReserves	0
CY2021Q4	us-gaap	Real Estate Owned Valuation Allowance RealEstateOwnedValuationAllowance	30000.00
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2022Q1	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	29514000
CY2022Q1	us-gaap	Fair Value Option Aggregate Differences Loans And Long Term Receivables FairValueOptionAggregateDifferencesLoansAndLongTermReceivables	-765000
CY2022Q1	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	30279000
CY2021Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	55470000
CY2021Q4	us-gaap	Fair Value Option Aggregate Differences Loans And Long Term Receivables FairValueOptionAggregateDifferencesLoansAndLongTermReceivables	1051000
CY2021Q4	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	54419000
CY2022Q1	ibcp	Reciprocal Deposits Included In Deposits With No Stated Maturity ReciprocalDepositsIncludedInDepositsWithNoStatedMaturity	576421000
CY2021Q4	ibcp	Reciprocal Deposits Included In Deposits With No Stated Maturity ReciprocalDepositsIncludedInDepositsWithNoStatedMaturity	562210000
CY2022Q1	ibcp	Reciprocal Deposits Included In Deposits With Stated Maturity ReciprocalDepositsIncludedInDepositsWithStatedMaturity	28911000
CY2021Q4	ibcp	Reciprocal Deposits Included In Deposits With Stated Maturity ReciprocalDepositsIncludedInDepositsWithStatedMaturity	24416000
CY2022Q1	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	412000000
CY2022Q1	ibcp	Concentration Risk Loans And Lease Receivable Percentage ConcentrationRiskLoansAndLeaseReceivablePercentage	0.137
CY2022Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-54970000
CY2022Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-55000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-54915000
CY2021Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-6805000
CY2021Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-1119000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5686000
CY2022Q1	ibcp	Percentage Of Revenue Excluded From Asu201409 PercentageOfRevenueExcludedFromASU201409	0.846
CY2021Q1	ibcp	Percentage Of Revenue Excluded From Asu201409 PercentageOfRevenueExcludedFromASU201409	0.884
CY2022Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0
CY2021Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0
CY2021Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0
CY2022Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0
CY2021Q1	ibcp	Number Of Real Estate Assets Sold NumberOfRealEstateAssetsSold	0
CY2022Q1	ibcp	Number Of Real Estate Assets Sold NumberOfRealEstateAssetsSold	0
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7399000
CY2022Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	138000
CY2022Q1	ibcp	Noninterest Income Other Operating Income Other NoninterestIncomeOtherOperatingIncomeOther	865000
CY2022Q1	ibcp	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	1807000
CY2022Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2363000
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	6110000
CY2021Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	139000
CY2021Q1	ibcp	Noninterest Income Other Operating Income Other NoninterestIncomeOtherOperatingIncomeOther	746000
CY2021Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2030000
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	415000
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	423000
CY2022Q1	us-gaap	Variable Lease Cost VariableLeaseCost	16000
CY2021Q1	us-gaap	Variable Lease Cost VariableLeaseCost	16000
CY2022Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	18000
CY2021Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	14000
CY2022Q1	us-gaap	Lease Cost LeaseCost	449000
CY2021Q1	us-gaap	Lease Cost LeaseCost	453000
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	6069000
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	6481000
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	6181000
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	6602000
CY2022Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y5M12D
CY2021Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y6M
CY2022Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.023
CY2021Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.023
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1190000
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1324000
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	809000
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	6690000
CY2022Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	509000
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	6181000
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	816000
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	744000

Files In Submission

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$IBCP
INDEPENDENT BANK CORP /MI/ Stock $ibcp

2022 Q1 Form 10-Q Financial Statement

#000114036122017761 Filed on May 05, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IBCP INDEPENDENT BANK CORP /MI/ Stock $ibcp

2022 Q1 Form 10-Q Financial Statement

#000114036122017761 Filed on May 05, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IBCP
INDEPENDENT BANK CORP /MI/ Stock $ibcp