{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-21-035387","form_type":"8-K","ticker":"IBCP","cik":"0000039311","company_name":"INDEPENDENT BANK CORP /MI/","filed_at":"2021-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.173160+00:00","generated_at":"2026-06-28T18:11:13.051484+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Independent Bank reports Q3 net income $16.0M ($0.73 EPS); net interest income up 5.7% YoY","bullets":["Net income $16.0M ($0.73 diluted EPS), down from $19.6M ($0.89) in Q3 2020; 9-month net income $50.4M ($2.30), up 28.6%.","Net interest income $33.8M (+5.7% YoY); net interest margin 3.18% vs 3.31% a year ago.","Net gains on mortgage loans $8.4M (Q3 2020: $20.2M); mortgage origination volume $453.8M.","Portfolio loans grew $69.4M (9.8% annualized) to $2.88B; deposits up $374.7M (13.8% annualized) to $4.01B.","Asset quality: non-performing loans 0.19% of portfolio; net loan recoveries $1.5M in Q3; allowance 1.62% of total loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-21-035387","json":"https://secwatch.observer/filing/0001140361-21-035387.json","markdown":"https://secwatch.observer/filing/0001140361-21-035387.md","text":"https://secwatch.observer/filing/0001140361-21-035387.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39311/000114036121035387/0001140361-21-035387-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39311/000114036121035387/brhc10029993_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T18:11:13.051484+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"}