Independent Bank Corp /Mi/ (IBCP) Deferred Taxes (2013 - 2026)
Independent Bank (IBCP) posted Deferred Taxes of $422,000 for Q2 2026, down 45.5% from $775,000 a year earlier.
Independent Bank Corp /Mi/ (IBCP) Deferred Taxes (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Independent Bank was $745,000, down 82.4% year-over-year; for FY2025, it came in at $3.53 million, up 182.9% from FY2024.
- Annual Deferred Taxes shows a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- In prior years, Independent Bank's Deferred Taxes was $1.25 million in FY2024, -$215,000 in FY2023, $359,000 in FY2022 and -$1.91 million in FY2021.
- Quarterly Deferred Taxes has run from a low of -$2.17 million in Q1 2022 to a high of $2.28 million in Q4 2022 over five years.
- On a year-over-year basis, Deferred Taxes increased in three of the last six quarters, with growth averaging 50.0%.
- The strongest year-over-year quarter for Deferred Taxes in the past five years was Q3 2024, with growth of 205.1%; the weakest was Q4 2023, with a decline of 73.4%.
- According to Business Quant data, Deferred Taxes for the three prior quarters was -$1.4 million (Q1 2026), $931,000 (Q4 2025) and $789,000 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -422,000.00 |
| Mar 31, 2026 | 1.40 Mn |
| Dec 31, 2025 | -931,000.00 |
| Sep 30, 2025 | -789,000.00 |
| Jun 30, 2025 | -775,000.00 |
| Mar 31, 2025 | -1.04 Mn |
| Dec 31, 2024 | -1.10 Mn |
| Sep 30, 2024 | -1.32 Mn |
| Jun 30, 2024 | -361,000.00 |
| Mar 31, 2024 | 1.54 Mn |
| Dec 31, 2023 | -606,000.00 |
| Sep 30, 2023 | -434,000.00 |
| Jun 30, 2023 | -181,000.00 |
| Mar 31, 2023 | 1.44 Mn |
| Dec 31, 2022 | -2.28 Mn |
| Sep 30, 2022 | -758,000.00 |
| Jun 30, 2022 | 506,000.00 |
| Mar 31, 2022 | 2.17 Mn |
| Dec 31, 2021 | 1.09 Mn |
| Sep 30, 2021 | 1.07 Mn |
Independent Bank Corp /Mi/ Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "IBCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();