Displaying items tagged: Independent Bank Corp
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.
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.
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.
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.
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.
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.
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.
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.
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.
Independent Bank reports Q3 earnings growth
Independent Bank Corp. grew earnings in the third quarter against the “many challenges” of the COVID-19 pandemic.
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.
MiBiz Growth Report: July 5, 2020
Here is the MiBiz growth report for July 5, 2020.
MiBiz Growth Report: June 7, 2020
The MiBiz Growth Report for June 7, 2020.
MiBiz Growth Report: May 10, 2020
Here is the MiBiz growth report for May 10, 2020.
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.
MiBiz Growth Report: September 1
Here is the MiBiz Growth Report for Aug. 19, 2019:
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.
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.
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.
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.
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.
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.
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.
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.
MiBiz Growth Report: December 11, 2017
Here is the MiBiz Growth Report for Dec. 11, 2017.
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.
Independent Bank reports growth for 2016
Independent Bank Corp. today reported higher earnings for the fourth quarter and all of 2016.
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.