Independent Bank Corp /Mi/ (IBCP) Depreciation and Depletion (2024 - 2026)
Independent Bank (IBCP) posted Depreciation and Depletion of $1.32 million for Q2 2026, down 2.8% from $1.36 million a year earlier but up 4.4% from the prior quarter.
Independent Bank Corp /Mi/ (IBCP) Depreciation and Depletion (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Independent Bank was $4.98 million, down 4.1% year-over-year; for FY2025, it was $5 million, down 3.8% from FY2024.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- In prior years, Independent Bank's Depreciation and Depletion was $5.2 million in FY2024 (unchanged), $5.2 million in FY2023 (-2.3%), $5.32 million in FY2022 (-1.4%) and $5.4 million in FY2021 (+1.9%).
- Quarterly Depreciation and Depletion has run from a low of $1.13 million in Q3 2025 to a high of $1.36 million in Q2 2025 over five years.
- On a year-over-year basis, Depreciation and Depletion increased in two of the last six quarters, with an average decline of 2.8%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $1.26 million (Q1 2026), $1.28 million (Q4 2025) and $1.13 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Mn |
| Mar 31, 2026 | 1.26 Mn |
| Dec 31, 2025 | 1.28 Mn |
| Sep 30, 2025 | 1.13 Mn |
| Jun 30, 2025 | 1.36 Mn |
| Mar 31, 2025 | 1.24 Mn |
| Dec 31, 2024 | 1.32 Mn |
| Sep 30, 2024 | 1.28 Mn |
| Jun 30, 2024 | 1.31 Mn |
| Mar 31, 2024 | 1.29 Mn |
Independent Bank Corp /Mi/ Depreciation and Depletion 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=depreciation-and-depletion&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();