---
schema_version: "secwatch.filing_event.v1"
accession: "0000039311-22-000056"
form_type: "8-K"
ticker: "IBCP"
cik: "0000039311"
company_name: "INDEPENDENT BANK CORP /MI/"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:26:32.150549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IBCP Q3 net income $17.3M ($0.81 EPS), NIM 3.49%, loan growth 18.4% annualized

## Summary
- Net income $17.3M vs $16.0M a year ago; diluted EPS $0.81 vs $0.73.
- Net interest income $39.9M (+18% YoY); NIM expanded 23bp to 3.49% from Q2.
- Portfolio loans grew $151M (18.4% annualized); deposits up $209.9M since Dec 2021.
- Provision for credit losses expense $3.1M vs credit of $0.7M a year ago.
- Non-performing loans/total loans 0.11%; allowance for credit losses 1.50%.

## SEC filing metadata
- accession: 0000039311-22-000056
- form_type: 8-K
- ticker: IBCP
- cik: 0000039311
- company_name: INDEPENDENT BANK CORP /MI/
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39311/000003931122000056/0000039311-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39311/000003931122000056/ibcp-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039311-22-000056
- JSON: https://secwatch.observer/filing/0000039311-22-000056.json
- Plain text: https://secwatch.observer/filing/0000039311-22-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.