Independent Bank (IBCP) Interest Expense - Deposits (2009 - 2026)

Independent Bank (IBCP) has 18 years of Interest Expense - Deposits data on file, last reported at $18.4 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Deposits fell 12.21% year-over-year to $18.4 million; the trailing twelve-month figure through Mar 2026 stood at $80.9 million (down 10.9% YoY), and the FY2025 full-year result was $83.5 million, down 9.92% from the prior year.
• Interest Expense - Deposits fell to $18.4 million in Q1 2026, from $20.1 million in the prior quarter.
• In the past five years, Interest Expense - Deposits ranged from a high of $24.5 million in Q3 2024 to a low of $767000.0 in Q1 2022.
• A 5-year average of $16.7 million and a median of $20.5 million in 2025 frame the typical range for Interest Expense - Deposits.
• Across the five-year window, Interest Expense - Deposits sank 38.93% in 2022 and soared 1694.0% in 2023, its largest moves.
• Tracing IBCP's Interest Expense - Deposits over 5 years: stood at $8.5 million in 2022, then surged by 170.53% to $23.1 million in 2023, then declined by 2.44% to $22.5 million in 2024, then fell by 10.81% to $20.1 million in 2025, then slipped by 8.51% to $18.4 million in 2026.
• Business Quant data shows IBCP's Interest Expense - Deposits at $18.4 million in Q1 2026, $20.1 million in Q4 2025, and $22.0 million in Q3 2025.