Independent Bank IBCP
NASDAQ IBCP
$35.99 -0.34 (-0.94%)
At close: Oct 21, 2026 · 4:00 PM EDT

Independent Bank Corp /Mi/ (IBCP) Deferred Taxes (2013 - 2026)

Updated

Independent Bank (IBCP) posted Deferred Taxes of $422,000 for Q2 2026, down 45.5% from $775,000 a year earlier.

Analysis

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 Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
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
API Access

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