Income Tax Expense (Benefit) of INDEPENDENT BANK CORP /MI/ from 30 Jun 2010 to 31 Dec 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
INDEPENDENT BANK CORP /MI/ quarterly and annual Income Tax Expense (Benefit) in USD history and change rate from 30 Jun 2010 to 31 Dec 2025.
  • INDEPENDENT BANK CORP /MI/ Income Tax Expense (Benefit) for the quarter ending 31 Dec 2025 was $1,739,000, a 60% decline year-over-year.
  • INDEPENDENT BANK CORP /MI/ Income Tax Expense (Benefit) for the twelve months ending 31 Dec 2025 was $12,750,000, a 22% decline year-over-year.
  • INDEPENDENT BANK CORP /MI/ annual Income Tax Expense (Benefit) for 2025 was $12,750,000, a 22% decline from 2024.
  • INDEPENDENT BANK CORP /MI/ annual Income Tax Expense (Benefit) for 2024 was $16,256,000, a 11% increase from 2023.
  • INDEPENDENT BANK CORP /MI/ annual Income Tax Expense (Benefit) for 2023 was $14,609,000, a 1.2% increase from 2022.
Source SEC data
View on sec.gov
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

INDEPENDENT BANK CORP /MI/ Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q4 2025 $12,750,000 $1,739,000 -$2,568,000 -60% 01 Oct 2025 31 Dec 2025 10-K 06 Mar 2026 2025 FY
Q3 2025 $15,318,000 $3,674,000 +$193,000 +5.5% 01 Jul 2025 30 Sep 2025 10-Q 05 Nov 2025 2025 Q3
Q2 2025 $15,125,000 $3,801,000 -$837,000 -18% 01 Apr 2025 30 Jun 2025 10-Q 06 Aug 2025 2025 Q2
Q1 2025 $15,962,000 $3,536,000 -$294,000 -7.7% 01 Jan 2025 31 Mar 2025 10-Q 07 May 2025 2025 Q1
Q4 2024 $16,256,000 $4,307,000 +$103,000 +2.4% 01 Oct 2024 31 Dec 2024 10-K 06 Mar 2026 2025 FY
Q3 2024 $16,153,000 $3,481,000 -$628,000 -15% 01 Jul 2024 30 Sep 2024 10-Q 05 Nov 2025 2025 Q3
Q2 2024 $16,781,000 $4,638,000 +$1,226,000 +36% 01 Apr 2024 30 Jun 2024 10-Q 06 Aug 2025 2025 Q2
Q1 2024 $15,555,000 $3,830,000 +$946,000 +33% 01 Jan 2024 31 Mar 2024 10-Q 07 May 2025 2025 Q1
Q4 2023 $14,609,000 $4,204,000 +$701,000 +20% 01 Oct 2023 31 Dec 2023 10-K 06 Mar 2026 2025 FY
Q3 2023 $13,908,000 $4,109,000 +$159,000 +4% 01 Jul 2023 30 Sep 2023 10-Q 05 Nov 2024 2024 Q3
Q2 2023 $13,749,000 $3,412,000 +$533,000 +19% 01 Apr 2023 30 Jun 2023 10-Q 05 Aug 2024 2024 Q2
Q1 2023 $13,216,000 $2,884,000 -$1,221,000 -30% 01 Jan 2023 31 Mar 2023 10-Q 03 May 2024 2024 Q1
Q4 2022 $14,437,000 $3,503,000 +$539,000 +18% 01 Oct 2022 31 Dec 2022 10-K 07 Mar 2025 2024 FY
Q3 2022 $13,898,000 $3,950,000 +$267,000 +7.2% 01 Jul 2022 30 Sep 2022 10-Q 03 Nov 2023 2023 Q3
Q2 2022 $13,631,000 $2,879,000 +$214,000 +8% 01 Apr 2022 30 Jun 2022 10-Q 04 Aug 2023 2023 Q2
Q1 2022 $13,417,000 $4,105,000 -$1,001,000 -20% 01 Jan 2022 31 Mar 2022 10-Q 05 May 2023 2023 Q1
Q4 2021 $14,418,000 $2,964,000 -$1,120,000 -27% 01 Oct 2021 31 Dec 2021 10-K 08 Mar 2024 2023 FY
Q3 2021 $15,538,000 $3,683,000 -$1,094,000 -23% 01 Jul 2021 30 Sep 2021 10-Q 04 Nov 2022 2022 Q3
Q2 2021 $16,632,000 $2,665,000 -$858,000 -24% 01 Apr 2021 30 Jun 2021 10-Q 05 Aug 2022 2022 Q2
Q1 2021 $17,490,000 $5,106,000 +$4,161,000 +440% 01 Jan 2021 31 Mar 2021 10-Q 05 May 2022 2022 Q1
Q4 2020 $13,329,000 $4,084,000 +$738,000 +22% 01 Oct 2020 31 Dec 2020 10-K 03 Mar 2023 2022 FY
Q3 2020 $12,591,000 $4,777,000 +$1,652,000 +53% 01 Jul 2020 30 Sep 2020 10-Q 05 Nov 2021 2021 Q3
Q2 2020 $10,939,000 $3,523,000 +$836,000 +31% 01 Apr 2020 30 Jun 2020 10-Q 06 Aug 2021 2021 Q2
Q1 2020 $10,103,000 $945,000 -$1,222,000 -56% 01 Jan 2020 31 Mar 2020 10-Q 06 May 2021 2021 Q1
Q4 2019 $11,325,000 $3,346,000 +$1,078,000 +48% 01 Oct 2019 31 Dec 2019 10-K 04 Mar 2022 2021 FY
Q3 2019 $10,247,000 $3,125,000 +$204,000 +7% 01 Jul 2019 30 Sep 2019 10-Q 05 Nov 2020 2020 Q3
Q2 2019 $10,043,000 $2,687,000 +$620,000 +30% 01 Apr 2019 30 Jun 2019 10-Q 05 Aug 2020 2020 Q2
Q1 2019 $9,423,000 $2,167,000 +$129,000 +6.3% 01 Jan 2019 31 Mar 2019 10-Q 05 May 2020 2020 Q1
Q4 2018 $9,294,000 $2,268,000 -$7,252,000 -76% 01 Oct 2018 31 Dec 2018 10-K 05 Mar 2021 2020 FY
Q3 2018 $16,546,000 $2,921,000 -$238,000 -7.5% 01 Jul 2018 30 Sep 2018 10-Q 01 Nov 2019 2019 Q3
Q2 2018 $16,784,000 $2,067,000 -$596,000 -22% 01 Apr 2018 30 Jun 2018 10-Q 02 Aug 2019 2019 Q2
Q1 2018 $17,380,000 $2,038,000 -$583,000 -22% 01 Jan 2018 31 Mar 2018 10-Q 03 May 2019 2019 Q1
Q4 2017 $17,963,000 $9,520,000 +$6,932,000 +268% 01 Oct 2017 31 Dec 2017 10-K 06 Mar 2020 2019 FY
Q3 2017 $11,031,000 $3,159,000 +$180,000 +6% 01 Jul 2017 30 Sep 2017 10-Q 02 Nov 2018 2018 Q3
Q2 2017 $10,851,000 $2,663,000 +$52,000 +2% 01 Apr 2017 30 Jun 2017 10-Q 03 Aug 2018 2018 Q2
Q1 2017 $10,799,000 $2,621,000 +$664,000 +34% 01 Jan 2017 31 Mar 2017 10-Q 04 May 2018 2018 Q1
Q4 2016 $10,135,000 $2,588,000 -$93,000 -3.5% 01 Oct 2016 31 Dec 2016 10-K 07 Mar 2019 2018 FY
Q3 2016 $10,228,000 $2,979,000 +$701,000 +31% 01 Jul 2016 30 Sep 2016 10-Q 03 Nov 2017 2017 Q3
Q2 2016 $9,527,000 $2,611,000 -$13,000 -0.5% 01 Apr 2016 30 Jun 2016 10-Q 04 Aug 2017 2017 Q2
Q1 2016 $9,540,000 $1,957,000 +$177,000 +9.9% 01 Jan 2016 31 Mar 2016 10-Q 03 May 2017 2017 Q1
Q4 2015 $9,363,000 $2,681,000 +$1,145,000 +75% 01 Oct 2015 31 Dec 2015 10-K 07 Mar 2018 2017 FY
Q3 2015 $8,218,000 $2,278,000 -$67,000 -2.9% 01 Jul 2015 30 Sep 2015 10-Q 03 Nov 2016 2016 Q3
Q2 2015 $8,285,000 $2,624,000 +$777,000 +42% 01 Apr 2015 30 Jun 2015 10-Q 04 Aug 2016 2016 Q2
Q1 2015 $7,508,000 $1,780,000 +$313,000 +21% 01 Jan 2015 31 Mar 2015 10-Q 04 May 2016 2016 Q1
Q4 2014 $7,195,000 $1,536,000 +$215,000 +16% 01 Oct 2014 31 Dec 2014 10-K 07 Mar 2017 2016 FY
Q3 2014 $6,980,000 $2,345,000 +$2,063,000 +732% 01 Jul 2014 30 Sep 2014 10-Q 04 Nov 2015 2015 Q3
Q2 2014 $4,917,000 $1,847,000 +$58,336,000 01 Apr 2014 30 Jun 2014 10-Q 05 Aug 2015 2015 Q2
Q1 2014 $53,419,000 $1,467,000 +$1,432,000 +4091% 01 Jan 2014 31 Mar 2014 10-Q 06 May 2015 2015 Q1
Q4 2013 $54,851,000 $1,321,000 +$1,321,000 01 Oct 2013 31 Dec 2013 10-K 07 Mar 2016 2015 FY
Q3 2013 $56,172,000 $282,000 +$282,000 01 Jul 2013 30 Sep 2013 10-Q 06 Nov 2014 2014 Q3
Q2 2013 $56,454,000 $56,489,000 -$56,489,000 31 Mar 2013 30 Jun 2013 10-Q 08 Aug 2013 2013 Q2
Q1 2013 $35,000 $35,000 +$35,000 01 Jan 2013 31 Mar 2013 10-Q 05 May 2014 2014 Q1
Q4 2012 $0 $0 -$536,000 -100% 01 Oct 2012 31 Dec 2012 10-K 06 Mar 2015 2014 FY
Q3 2012 $536,000 $0 +$482,000 01 Jul 2012 30 Sep 2012 10-Q 07 Nov 2013 2013 Q3
Q2 2012 $54,000 $0 +$258,000 31 Mar 2012 30 Jun 2012 10-Q 08 Aug 2013 2013 Q2
Q1 2012 $204,000 $0 +$8,000 01 Jan 2012 31 Mar 2012 10-Q 08 May 2013 2013 Q1
Q4 2011 $212,000 $536,000 01 Oct 2011 31 Dec 2011 10-K 13 Mar 2013 2012 FY
Q3 2011 $482,000 +$496,000 +51% 01 Jul 2011 30 Sep 2011 10-Q 09 Nov 2012 2012 Q3
Q2 2011 $258,000 -$414,000 -265% 01 Apr 2011 30 Jun 2011 10-Q 09 Aug 2012 2012 Q2
Q1 2011 $8,000 01 Jan 2011 31 Mar 2011 10-Q 09 May 2012 2012 Q1
Q3 2010 $978,000 01 Jul 2010 30 Sep 2010 10-Q 09 Nov 2011 2011 Q3
Q2 2010 $156,000 01 Apr 2010 30 Jun 2010 10-Q 09 Aug 2011 2011 Q2

INDEPENDENT BANK CORP /MI/ Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2025 $12,750,000 -$3,506,000 -22% 01 Jan 2025 31 Dec 2025 10-K 06 Mar 2026 2025 FY
2024 $16,256,000 +$1,647,000 +11% 01 Jan 2024 31 Dec 2024 10-K 06 Mar 2026 2025 FY
2023 $14,609,000 +$172,000 +1.2% 01 Jan 2023 31 Dec 2023 10-K 06 Mar 2026 2025 FY
2022 $14,437,000 +$19,000 +0.13% 01 Jan 2022 31 Dec 2022 10-K 07 Mar 2025 2024 FY
2021 $14,418,000 +$1,089,000 +8.2% 01 Jan 2021 31 Dec 2021 10-K 08 Mar 2024 2023 FY
2020 $13,329,000 +$2,004,000 +18% 01 Jan 2020 31 Dec 2020 10-K 03 Mar 2023 2022 FY
2019 $11,325,000 +$2,031,000 +22% 01 Jan 2019 31 Dec 2019 10-K 04 Mar 2022 2021 FY
2018 $9,294,000 -$8,669,000 -48% 01 Jan 2018 31 Dec 2018 10-K 05 Mar 2021 2020 FY
2017 $17,963,000 +$7,828,000 +77% 01 Jan 2017 31 Dec 2017 10-K 06 Mar 2020 2019 FY
2016 $10,135,000 +$772,000 +8.2% 01 Jan 2016 31 Dec 2016 10-K 07 Mar 2019 2018 FY
2015 $9,363,000 +$2,168,000 +30% 01 Jan 2015 31 Dec 2015 10-K 07 Mar 2018 2017 FY
2014 $7,195,000 +$62,046,000 01 Jan 2014 31 Dec 2014 10-K 07 Mar 2017 2016 FY
2013 $54,851,000 -$54,851,000 01 Jan 2013 31 Dec 2013 10-K 07 Mar 2016 2015 FY
2012 $0 +$212,000 01 Jan 2012 31 Dec 2012 10-K 06 Mar 2015 2014 FY
2011 $212,000 +$1,378,000 +87% 31 Dec 2010 31 Dec 2011 10-K 13 Mar 2013 2012 FY
2010 $1,590,000 31 Dec 2009 31 Dec 2010 10-K 13 Mar 2013 2012 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.