Independent Bank (IBCP) Income Statement

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Interest and fees on loans	18.6M
Interest on securities Taxable	2.54M
Tax-exempt	330K
Other investments	281K
Total Interest Income	21.75M
Deposits	1.25M
Other borrowings	493K
Total Interest Expense	1.75M
Net Interest Income	20M
Provision for loan losses	-175K
Net Interest Income After Provision for Loan Losses	20.17M
Service charges on deposit accounts	3.28M
Interchange income	1.94M
Mortgage loans	3.56M
Securities	-45K
Total impairment loss
Loss recognized in other comprehensive income
Net impairment loss recognized in earnings
Mortgage loan servicing	858K
Title insurance fees	319K
Decrease in fair value of U.S. Treasury warrant
Gain on extinguishment of debt
Other	1.8M
Total Non-interest Income	11.71M
Compensation and employee benefits	13.03M
Loan and collection	568K
Occupancy, net	1.92M
Data processing	1.97M
Vehicle service contract counterparty contingencies	-39K
Furniture, fixtures and equipment	990K
Net losses on other real estate and repossessed assets	263K
Credit card and bank service fees	203K
FDIC deposit insurance	187K
Communications	670K
Legal and professional	420K
Advertising	455K
Costs related to unfunded lending commitments	73K
Other	1.5M
Total Non-interest Expense	22.53M
Income (Loss) Before Income Tax	9.35M
Income tax expense (benefit)	2.98M
Net Income (Loss)	6.37M
Preferred stock dividends and discount accretion
Net Income (Loss) Applicable to Common Stock
Basic ( in dollars per share)	0.3
Diluted ( in dollars per share)	0.3
Declared ( in dollars per share)	0.08
Paid ( in dollars per share)	0.08

Entities mentioned with IBCP

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