Financial insights of IBCP

MyFinsight

For the quarter ending 2025-09-30, IBCP made $139,323K in revenue. $17,502K in net income. Net profit margin of 12.56%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30
Interest and fees on loans	61,325	59,535
Taxable	3,660	3,796
Tax-exempt	2,767	2,773
Other investments	1,538	774
Total interest income	69,290	66,878
Deposits	21,972	20,462
Other borrowings and subordinated debt and debentures	1,957	1,801
Total interest expense	23,929	22,263
Net interest income	45,361	44,615
Provision for credit losses	1,991	1,500
Net interest income after provision for credit losses	43,370	43,115
Interchange income	4,157	3,390
Service charges on deposit accounts	3,131	2,981
Mortgage loans	1,474	1,631
Equity securities at fair value	0	0
Securities available for sale	-36	11
Mortgage loan servicing, net	74	490
Other	3,137	2,822
Total non-interest income	11,937	11,325
Compensation and employee benefits	21,125	21,123
Data processing	3,784	3,847
Occupancy, net	2,127	2,046
Interchange expense	1,180	1,177
Advertising	526	833
Furniture, fixtures and equipment	892	793
Loan and collection	618	744
Fdic deposit insurance	615	637
Communications	465	470
Legal and professional	682	500
Other	2,117	1,592
Total non-interest expense	34,131	33,762
Income before income tax	21,176	20,678
Income tax expense	3,674	3,801
Net income	17,502	16,877

Basic (in dollars per share)	0.85	0.81
Diluted (in dollars per share)	0.84	0.81
Weighted average shares outstanding (in shares)	20,702,000	20,750,000