Independent Bank Corporation
IBCP · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $67 | $59 | $63 | $63 |
| Dep. & Amort. | $10 | $10 | $11 | $12 |
| Deferred Tax | -$1 | $0 | -$0 | $2 |
| Stock-Based Comp. | $2 | $2 | $2 | $2 |
| Change in WC | -$24 | -$18 | -$11 | $6 |
| Other Non-Cash | $9 | $22 | $30 | $26 |
| Operating Cash Flow | $63 | $76 | $95 | $110 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$8 | -$6 | -$6 | -$6 |
| Net Acquisitions | $0 | $0 | $0 | $0 |
| Inv. Purchases | -$4 | -$2 | -$140 | -$824 |
| Inv. Sales/Matur. | $141 | $145 | $260 | $461 |
| Other Inv. Act. | -$247 | -$301 | -$539 | -$194 |
| Investing Cash Flow | -$118 | -$163 | -$425 | -$563 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$5 | -$36 | $56 | -$0 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $0 | -$5 | -$4 | -$17 |
| Dividends Paid | -$20 | -$19 | -$19 | -$18 |
| Other Fin. Act. | $30 | $243 | $261 | $479 |
| Financing Cash Flow | $5 | $183 | $295 | $444 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$50 | $95 | -$35 | -$9 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $170 | $74 | $109 | $119 |
| End Cash | $120 | $170 | $74 | $109 |
| Free Cash Flow | $55 | $70 | $89 | $104 |