Independent Bank Corporation (NASDAQ: IBCP) announced it will issue its third quarter fiscal year 2026 financial results on Tuesday, October 27, 2026. The Michigan-based bank holding company scheduled the release for approximately 8:00 am ET.

Conference call and webcast details

Following the earnings release, Independent Bank Corporation will host a conference call for investors and analysts at 11:00 am ET on the same day. Brad Kessel, President and CEO, Gavin Mohr, Chief Financial Officer, and Joel Rahn, EVP Commercial Banking, will review the quarterly results during the session.

Participants can access the call via phone by registering to receive a dial-in number and access code. A webcast of the presentation slides will be available live, with a replay accessible until October 27, 2027.

Corporate profile and integration status

Independent Bank Corporation operates as the holding company for Independent Bank and Highpoint Community Bank. As of July 1, 2026, the company reported total assets of approximately $6.3 billion. It maintains a network of 66 locations across Michigan’s Lower Peninsula.

The company provided updates on its recent acquisition strategy. Independent Bank expects to complete the full system integration of Highpoint Community Bank’s operations on November 9, 2026. Until this conversion date, customers of Highpoint Community Bank are advised to continue using their existing branches, checks, bank cards, and digital banking services without interruption.

Founded in 1864 as First National Bank of Ionia, Independent Bank provides commercial banking, consumer banking, mortgage lending, and investment services.

Independent Bank Corporation reported net income of $18.8 million, or $0.90 per diluted share, for the second quarter of 2026, compared to $16.9 million, or $0.81 per diluted share, in the prior-year period. The company’s net interest margin improved to 3.71%, a six basis point increase from the linked quarter, driven by higher earning asset yields and lower funding costs. Total assets increased to $5.66 billion at June 30, 2026, supported by net loan growth of $105.8 million and core deposit growth of $38.2 million.

Operating Results

Net interest income totaled $47.9 million during the second quarter of 2026, an increase of $3.3 million, or 7.4%, from the year-ago period. Non-interest income rose to $15.3 million, compared to $11.3 million in the comparable prior year period, primarily due to variances in mortgage banking revenues and a $1.6 million gain on equity securities. Non-interest expenses totaled $37.8 million, an increase from $33.8 million in the year-ago period, attributed to higher compensation, advertising, merger-related expenses, and a $0.4 million litigation expense.

Asset Quality

The allowance for credit losses totaled $65.7 million, or 1.49% of total portfolio loans, at June 30, 2026. The provision for credit losses was $2.72 million for the second quarter of 2026, compared to $1.50 million in the same period of 2025. Total non-performing loans were $32.8 million, representing 0.74% of total portfolio loans, up from $8.2 million, or 0.20%, at June 30, 2025. Commercial loans comprised the majority of non-performing assets, primarily due to one commercial development exposure totaling $28.18 million.

Balance Sheet and Capital

Total shareholders’ equity was $528.4 million at June 30, 2026, or 9.33% of total assets. Tangible common equity totaled $499.3 million, or $24.24 per share. The company’s regulatory capital ratios remained well above "well capitalized" minimums, with a total capital to risk-weighted assets ratio of 12.70%. The company completed its acquisition of HCB Financial Corp on July 1, 2026, and integration work is underway.