Independent Bank (IBCP) Long-Term Deferred Tax (2012 - 2020)

Independent Bank (IBCP) has 9 years of Long-Term Deferred Tax data on file, last reported at $2.7 million in Q4 2020.

• For the quarter ending Q4 2020, Long-Term Deferred Tax rose 32.24% year-over-year to $2.7 million; the trailing twelve-month figure through Dec 2020 stood at $2.7 million (up 32.24% YoY), and the FY2020 full-year result was $2.7 million, up 32.24% from the prior year.
• Long-Term Deferred Tax grew to $2.7 million in Q4 2020, from $1.6 million in the prior quarter.
• In the past five years, Long-Term Deferred Tax ranged from a high of $37.2 million in Q1 2016 to a low of $1.6 million in Q3 2020.
• A 5-year average of $14.7 million and a median of $9.9 million in 2018 frame the typical range for Long-Term Deferred Tax.
• Across the five-year window, Long-Term Deferred Tax plunged 79.1% in 2019 and jumped 49.34% in 2020, its largest moves.
• Tracing IBCP's Long-Term Deferred Tax over 5 years: stood at $32.8 million in 2016, then sank by 39.63% to $19.8 million in 2017, then plunged by 70.83% to $5.8 million in 2018, then tumbled by 64.15% to $2.1 million in 2019, then jumped by 32.24% to $2.7 million in 2020.
• Business Quant data shows IBCP's Long-Term Deferred Tax at $2.7 million in Q4 2020, $1.6 million in Q3 2020, and $2.5 million in Q2 2020.