Christopher Michaels
On December 17, 2024, the Board of Directors of Independent Bank Corporation (the “Company”) elected Christopher Michaels, age 58 , as the Company’s Chief Operating Officer, effective as of January 2, 2025.
Highest-materiality recent filing
Independent Bank Corp to Hold Investor Meetings on Merger with HCB Financial Corp
Independent Bank Corp (IBCP) will conduct one-on-one investor meetings in April/May 2026.
Independent Bank Corp. shareholders elect all director nominees at 2026 annual meeting
Terance L. Beia, Stephen L. Gulis Jr., and William B. Kessel elected to three-year terms as directors.
IBCP Q1 2026 net income $16.9M ($0.81 EPS) vs $15.6M YoY; NIM 3.65%
EPS of $0.81 vs $0.74 in Q1 2025; net income $16.9M vs $15.6M.
Filed shareholder presentation used at 2026 Annual Meeting on April 21, 2026.
Independent Bank to acquire HCB Financial for ~$70.2M in cash/stock, ~6% EPS accretive
HCB shareholders receive 1.590 shares of IBCP stock + $17.51 cash per share; total consideration ~$70.2M.
Independent Bank Corp Q4 EPS $0.89, net income $18.6M; board authorizes 5% share repurchase
Net income $18.6M ($0.89 diluted) vs $18.5M ($0.87) prior year; FY2025 net income $68.5M ($3.27).
Independent Bank Corporation appoints Michael G. Wooldridge to board effective Dec 16, 2025
Michael G. Wooldridge appointed to boards of Independent Bank Corporation and Independent Bank effective December 16, 2025.
IBCP files investor presentation for upcoming conferences; no new financials disclosed
Management to present at Hovde Group (Nov 5-6) and Piper Sandler (Nov 10) 2025 conferences.
Independent Bank Q3 net income $17.5M ($0.84 EPS) vs $13.8M a year ago; loan growth 3.2% annualized
Q3 net income $17.5M ($0.84 diluted EPS) vs $13.8M ($0.65) in Q3 2024; net interest income up 8.4% YoY to $45.4M.
IBCP board member and past Chairman Michael M. Magee, Jr. passed away August 3, 2025
Michael M. Magee, Jr. served on Independent Bank Corporation's board for 38 years.
Management (CEO, CFO, EVP) will hold meetings at 2025 KBW Community Bank Investor Conference.
Independent Bank Q2 net income $16.9M ($0.81 EPS), down from $18.5M YoY; loan growth 9% annualized
Net interest income of $44.6M (+7.9% YoY); net interest margin expanded nine bps QoQ to 3.58%.
Independent Bank Q1 net income $15.6M ($0.74 EPS); TBVPS up 13% YoY
Net income $15.6M vs $16.0M prior year; diluted EPS $0.74 vs $0.76.
IBCP shareholders elect directors, ratify auditor, approve say-on-pay at annual meeting
All four director nominees elected with over 16.6 million votes each; terms until 2028.
Independent Bank holds 2025 annual meeting; no material updates disclosed in presentation
Shareholder presentation used at April 22, 2025 annual meeting; only title slide provided in exhibit.
Independent Bank Q4 net income $18.5M ($0.87 EPS) beats year-ago, loan growth 10% annualized
Net income $18.5M ($0.87 diluted EPS) vs. $13.7M ($0.65) in Q4 2023; full-year EPS $3.16 vs. $2.79.
Independent Bank promotes Christopher Michaels to COO effective Jan 2, 2025
Christopher Michaels, 58, appointed COO and EVP, effective January 2, 2025.
Independent Bank Q3 net income $13.8M ($0.65 EPS); loan growth 9.3% annualized
Net income $13.8M, down 21% from $17.5M in Q3 2023; diluted EPS $0.65 vs $0.83.
Independent Bank Q2 net income $18.5M, EPS $0.88 (+25.7% YoY); net interest margin expands to 3.40%
Net income of $18.5M ($0.88 diluted EPS) vs $14.8M ($0.70) in Q2 2023, up 25.3% and 25.7% respectively.
IBCP Q1 2024: EPS $0.76 (+24.6% YoY), loan growth 5.3% annualized, NIM 3.30%
Net income $16.0M ($0.76 diluted EPS), up 24.6% YoY from $0.61.
IBCP shareholders re-elect directors, ratify auditor, approve say-on-pay
Christina Keller, Ronia Kruse, Michael Magee Jr. elected directors until 2027.
Company held its 2024 Annual Meeting of Shareholders on April 23, 2024.
On December 17, 2024, the Board of Directors of Independent Bank Corporation (the “Company”) elected Christopher Michaels, age 58 , as the Company’s Chief Operating Officer, effective as of January 2, 2025.
Max materiality 0.80 · Median 0.53 · Most common event earnings