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Displaying items tagged: Independent Bank Corp

Thursday, 08 September 2022 12:55

Independent Bank opens 1st full-service branch in Ottawa County

HOLLAND — Independent Bank has opened a branch office in Holland at 12368 Riley St., off U.S.-31 near a Meijer Inc. store.

Published in Finance
Tuesday, 09 August 2022 22:14

Banking executives see strong commercial lending environment at midyear

Business lending remained strong through midyear despite rising interest rates and economic uncertainty that’s generating worries about a potential recession, according to regional banking executives.

Published in Finance
Tuesday, 26 April 2022 18:09

Independent Bank Q1 earnings dip with slower mortgage activity

GRAND RAPIDS — Independent Bank Corp. has recorded lower earnings so far this year as mortgage originations and refinancings slowed.

Published in Finance

Friday, 28 January 2022 13:20

Despite Q4 earnings decline, Independent Bank carries momentum in 2022 with commercial lending 

GRAND RAPIDS — Independent Bank Corp.’s earnings declined in the final three months of 2021 but grew overall for the year.

Published in Finance
Sunday, 21 November 2021 17:30

Bankers: Commercial lending remains strong despite various economic headwinds

Given all that’s occurred in the past 20 months, Krista Flynn considers the present lending environment a pleasant surprise.

Published in Finance
Thursday, 29 July 2021 16:49

Independent Bank earnings dip in latest quarter

GRAND RAPIDS — Independent Bank Corp.’s earnings declined in the second quarter from the prior year, largely because of lower non-interest income and higher non-interest expenses.

Published in Finance

Wednesday, 28 April 2021 10:46

Independent Bank quarterly earnings soar with strong mortgage market

GRAND RAPIDS — Independent Bank Corp.’s first quarter soared from a year earlier, driven in part by a strong mortgage market.

Published in Finance
Sunday, 28 February 2021 17:00

Huntington, TCF merger could mean opportunities for competitors

While Huntington Bancshares Inc. and TCF Financial Corp. executives say a planned merger between the two companies will create a Midwest banking powerhouse, some experts view it as an opportunity for competitors to gain both business and talent.

Published in Finance
Thursday, 28 January 2021 14:27

Mortgages help boost Independent Bank earnings in 2020

Independent Bank Corp. posted strong earnings growth during 2020 based in part on a strong mortgage pipeline and despite pandemic-related challenges.

Published in Finance

Tuesday, 27 October 2020 12:46

Independent Bank reports Q3 earnings growth

Independent Bank Corp. grew earnings in the third quarter against the “many challenges” of the COVID-19 pandemic.

Published in Finance
Sunday, 16 August 2020 18:10

Consumers CU plans further growth in GR, lakeshore markets

The opening of a new branch in Wyoming and construction of another office in Walker are part of a broader regional growth plan for Consumers Credit Union.

Published in Finance
Sunday, 05 July 2020 10:04

MiBiz Growth Report: July 5, 2020

Here is the MiBiz growth report for July 5, 2020.

Published in Economic Development

Sunday, 07 June 2020 09:50

MiBiz Growth Report: June 7, 2020

The MiBiz Growth Report for June 7, 2020.

Published in Economic Development
Sunday, 10 May 2020 12:15

MiBiz Growth Report: May 10, 2020

Here is the MiBiz growth report for May 10, 2020.

Published in Economic Development
Friday, 25 October 2019 07:31

Independent Bank grew third quarter net income

Independent Bank Corp. reported higher income for the third quarter of $12.4 million, or 55 cents per diluted share.

Published in Finance

Sunday, 01 September 2019 06:16

MiBiz Growth Report: September 1

Here is the MiBiz Growth Report for Aug. 19, 2019:

Published in Economic Development
Sunday, 04 August 2019 17:37

Chemical Bank merger closes, ChoiceOne deal awaits shareholder votes

As one bank merger affecting the West Michigan marketplace focuses on integration, another much smaller deal heads toward shareholder votes next month.

Published in Finance
Thursday, 25 July 2019 14:00

Independent Bank reports higher earnings for second quarter

GRAND RAPIDS — Independent Bank Corp. recorded higher net income for the second quarter with double-digit loan growth.

Published in Finance

Sunday, 18 March 2018 11:02

Independent Bank’s deal for TCSB unlocks NW Michigan market

GRAND RAPIDS — The pending acquisition of TCSB Bancorp Inc. gives Independent Bank Corp. a position in an attractive banking market in Northwestern Michigan.

Published in Finance
Thursday, 15 February 2018 13:28

TCSB Bancorp Inc. and Independent Bank Corp. merger approved

State and federal regulators have approved the proposed $61.8 million merger of TCSB Bancorp Inc. in Traverse City into Independent Bank Corp.

Published in Breaking News
Tuesday, 30 January 2018 15:33

Tax expense trims Independent Bank’s net income

Independent Bank Corp. today reported lower quarterly net income of $1.7 million, or 8 cents per diluted share, to end 2017’s fourth quarter, resulting from a reevaluation of a deferred tax asset following federal tax reform late last year.

Published in Breaking News

Sunday, 07 January 2018 00:40

Community banks eye growth with stronger Grand Rapids presence

HUDSONVILLE — After assembling a team of veteran commercial lenders, West Michigan Community Bank is putting more focus on growing in the greater Grand Rapids area.

Published in Finance
Sunday, 24 December 2017 17:20

Independent Bank CEO optimistic for economy amid lingering talent concerns

As the end of 2017 approached, Grand Rapids-based Independent Bank Corp. cut a deal to buy TCSB Bancorp Inc. in Traverse City, the parent company of Traverse City State Bank. The $63.2 million deal, which is expected to close in the first half of 2018 pending approval from regulators and TCSB Bancorp shareholders, would extend Independent Bank’s presence in northwestern Michigan, where Traverse City State Bank has five offices and assets of $346.9 million. Independent Bank, which opened lending offices in Traverse City and other markets this year, has 65 branches across the Lower Peninsula with total assets of $2.75 billion as of Sept. 30.

Published in Economic Development
Sunday, 24 December 2017 17:10

2018 banking outlook: Easing regulations, preparing clients for future cycles

Many of the forces that affected banks in 2017 — from rising interest rates and a good economy, to balancing digital technology investments with cybersecurity — remain the top issues bankers must manage in the year ahead.

Published in Economic Development

Sunday, 10 December 2017 21:56

MiBiz Growth Report: December 11, 2017

Here is the MiBiz Growth Report for Dec. 11, 2017.

Published in Breaking News
Sunday, 28 May 2017 15:48

New report ranks Michigan 5th nationally for most bank branch closures

More bank branches closed in Michigan than in 45 other states in the years following the most recent financial crisis.

Published in Finance
Thursday, 26 January 2017 13:49

Independent Bank reports growth for 2016

Independent Bank Corp. today reported higher earnings for the fourth quarter and all of 2016.

Published in Breaking News

Wednesday, 03 February 2016 11:17

West Michigan banking roundup: Q4 and year end 2015

Here is a round-up of quarterly and annual performance filings from banks in West Michigan.

Published in Finance