Independent Bank (IBCP) Long-Term Deferred Tax (2013 - 2020)

Independent Bank's Long-Term Deferred Tax history runs 8 years deep, the most recent figure standing at $275000.0 for Q4 2020.

• In Q4 2020, Long-Term Deferred Tax fell 86.73% year-over-year to $275000.0; the TTM figure through Dec 2020 stood at $275000.0 (down 86.73% YoY), while the FY2020 annual figure was $275000.0, down 86.73% from the prior year.
• Long-Term Deferred Tax came in at $275000.0 for Q4 2020 at Independent Bank, down from $1.6 million in the prior quarter.
• In the past five years, Long-Term Deferred Tax ranged from a high of $38.1 million in Q4 2016 to a low of $275000.0 in Q4 2020.
• A 5-year average of $14.9 million and a median of $9.9 million in 2018 frame the typical range for Long-Term Deferred Tax.
• On a YoY basis, Long-Term Deferred Tax climbed as much as 49.34% in 2020 and fell as far as 86.73% in 2020.
• Independent Bank's Long-Term Deferred Tax stood at $38.1 million in 2016, then tumbled by 48.05% to $19.8 million in 2017, then slumped by 70.83% to $5.8 million in 2018, then sank by 64.15% to $2.1 million in 2019, then sank by 86.73% to $275000.0 in 2020.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $275000.0, $1.6 million, and $2.5 million for Q4 2020, Q3 2020, and Q2 2020 respectively.

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