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

Independent Bank has disclosed Interest Expense - Deposits across 18 years of filings, most recently posting $18.4 million for Q1 2026.

• Interest Expense - Deposits for Q1 2026 came in at $18.4 million, down 12.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $80.9 million (down 10.9% YoY), and the FY2025 annual result 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.
• The 5-year median for Interest Expense - Deposits is $20.5 million (2025), against an average of $16.7 million.
• Across the five-year window, Interest Expense - Deposits tumbled 38.93% in 2022 and soared 1694.0% in 2023, its largest moves.
• Independent Bank's Interest Expense - Deposits stood at $8.5 million in 2022, then soared by 170.53% to $23.1 million in 2023, then fell by 2.44% to $22.5 million in 2024, then retreated by 10.81% to $20.1 million in 2025, then dropped by 8.51% to $18.4 million in 2026.
• The last three Interest Expense - Deposits figures came in at $18.4 million (Q1 2026), $20.1 million (Q4 2025), and $22.0 million (Q3 2025), per Business Quant data.