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

Independent Bank's Interest Expense - Deposits history runs 18 years deep, the most recent figure standing at $18.4 million for Q1 2026.

• In Q1 2026, Interest Expense - Deposits fell 12.21% year-over-year to $18.4 million; the TTM figure through Mar 2026 stood at $80.9 million (down 10.9% YoY), while the FY2025 annual figure was $83.5 million, down 9.92% from the prior year.
• Interest Expense - Deposits came in at $18.4 million for Q1 2026 at Independent Bank, down 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 slumped 38.93% in 2022 and jumped 1694.0% in 2023, its largest moves.
• Independent Bank's Interest Expense - Deposits stood at $8.5 million in 2022, then jumped by 170.53% to $23.1 million in 2023, then retreated by 2.44% to $22.5 million in 2024, then decreased by 10.81% to $20.1 million in 2025, then declined by 8.51% to $18.4 million in 2026.
• According to Business Quant data, Interest Expense - Deposits over the past three periods registered $18.4 million, $20.1 million, and $22.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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