IBCP · XBRL financial data

Independent Bank financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (IBCP's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	9	8*	8	8	9	8*	7	8	9	8*	8	8
Interest expense	23	25*	25	—	—	—	—	—	—	—	—	—
Income tax expense (benefit)	4	4*	4	5	3	4*	4	4	4	2*	3	4
Net income (loss)	18	14*	16	19	14	18	16	17	18	19	17	19
Earnings per share, basic USD per share	0.84	0.66*	0.77	0.89	0.66	0.88	0.74	0.81	0.85	0.90	0.82	0.91
Earnings per share, diluted USD per share	0.83	—	0.76	0.88	0.65	0.87	0.74	0.81	0.84	0.89	0.81	0.90
Weighted average shares, basic millions of shares	21	21*	21	21	21	21*	21	21	21	21*	21	21
Weighted average shares, diluted millions of shares	—	—	—	—	—	—	21	21	—	—	21	21

Fiscal quarters (IBCP's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	127	170	162	214	122	120	128	146	209	138	175	165
Property and equipment, net	35	36	35	35	35	37	37	38	39	39	42	45
Right-of-use asset	5	5	7	7	6	6	6	7	6	7	7	7
Goodwill	28	28	28	28	28	28	28	28	28	28	28	28
Total assets	5,200	5,264	5,231	5,278	5,259	5,338	5,328	5,419	5,493	5,506	5,558	5,664
Total deposits	4,586	4,623	4,582	4,614	4,627	4,654	4,634	4,659	4,859	4,762	4,881	4,862
Total liabilities	4,825	4,859	4,816	4,847	4,807	4,883	4,861	4,949	5,002	5,003	5,047	5,135
Retained earnings	150	159	170	184	192	206	216	227	240	253	264	277
Total stockholders' equity	375	404	416	430	452	455	467	469	491	503	511	528
Total liabilities and equity	5,200	5,264	5,231	5,278	5,259	5,338	5,328	5,419	5,493	5,506	5,558	5,664
Common shares outstanding (cover page) millions of shares	21	21	21	21	21	21	21	21	21	21	21	22

Fiscal quarters (IBCP's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	18	14*	16	19	14	18	16	17	18	19	17	19
Stock-based compensation	1*	1*	1	1*	1*	1*	1	1*	1*	1*	1	1*
Net cash from operating activities	25*	17*	21	9*	17*	16*	32	19*	18*	8*	(9)	20*
Purchases of property and equipment	1*	2*	1	2*	1*	4*	1	2*	2*	1*	5	4*
Net cash from investing activities	(79)*	(7)*	18	17*	(67)*	(85)*	3	(71)*	(10)*	(46)*	(17)	(105)*
Proceeds from issuing common stock	0*	(0)*	0	0*	0*	0*	—	—	—	year only	—	—
Share repurchases	2*	0*	0	0*	0*	0*	0	7*	0*	5*	0	0*
Dividends paid	5*	5*	5	5*	5*	5*	5	5*	5*	5*	6	6*
Net cash from financing activities	51*	32*	(46)	27*	(43)*	67*	(27)	70*	54*	(33)*	62	75*

SIC 6022 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6022 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Independent Bank	182	9.3	25*	22.1M	—	Q3 FY26 10-QSep 30, 2026
Horizon Bancorp	218	not reported	33*	51.3M	—	Q2 FY26 10-QJun 30, 2026
Camden National	100	11	31*	16.9M	—	Q2 FY26 10-QJun 30, 2026
Farmers & Merchants Bancorp	279	not reported	33*	691,944	—	Q2 FY26 10-QJun 30, 2026
Esquire Financial Holdings	242	not reported	15*	12.1M	—	Q2 FY26 10-QJun 30, 2026
Equity Bancshares	546	not reported	39*	20.6M	—	Q2 FY26 10-QJun 30, 2026
Republic Bancorp	354	101	1.1*	not reported	—	Q2 FY26 10-QJun 30, 2026
Metropolitan Bank Holding	239	not reported	(11)*	12.4M	22.2 quarters	Q2 FY26 10-QJun 30, 2026
Business First Bancshares	490	3.3	44*	32.2M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.