{"schema_version":"secwatch.filing_event.v1","accession":"0000039311-25-000083","form_type":"8-K","ticker":"IBCP","cik":"0000039311","company_name":"INDEPENDENT BANK CORP /MI/","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.092780+00:00","generated_at":"2026-05-18T02:45:36.282911+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Independent Bank Q2 net income $16.9M ($0.81 EPS), down from $18.5M YoY; loan growth 9% annualized","bullets":["Net interest income of $44.6M (+7.9% YoY); net interest margin expanded nine bps QoQ to 3.58%.","Loans grew $91.7M (9.0% annualized) from Q1; core deposits declined 1.4% annualized on seasonality.","Non-interest income fell to $11.3M from $15.2M; prior year included a $2.7M gain on Visa stock.","Non-performing assets at 0.16% of total assets; net charge-offs were just 0.02% annualized.","Tangible common equity per share rose to $21.23, up $0.36 from March 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000039311-25-000083","json":"https://secwatch.observer/filing/0000039311-25-000083.json","markdown":"https://secwatch.observer/filing/0000039311-25-000083.md","text":"https://secwatch.observer/filing/0000039311-25-000083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39311/000003931125000083/0000039311-25-000083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39311/000003931125000083/ibcp-20250724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:45:36.282911+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}