Independent Bank
Headquartered in Grand Rapids, MI. Part of Independent Bank Corporation. FDIC certificate #27811 · Federal Reserve RSSD 636771.
Total assets
$5.6B
Deposits
$4.9B
Q1 2026
Active branches
59
Closings since Jan 2020
14
3 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$18M
Return on assets
1.27%
Return on equity
14.21%
Noncurrent loan rate
0.87%
Deposits by year (Summary of Deposits)
32019
42020
42021
42022
52023
52024
52025
Values in $ billions, June 30 of each year.
Closings by year
72020
42022
32024
Openings by year
12020
12022
12024
Other network changes since 2020
- 2 branch relocations
Branches by state
Recent closings
- Independent Bank — Mount Pleasant, MIbank exits city319 E BROADWAY ST · closed April 12, 2024
- 2551 S STATE RD · closed April 12, 2024
- 2900 WEST RD · closed April 12, 2024
- 5500 DIXIE HIGHWAY · closed June 9, 2022
- Independent Bank — Bloomfield Hills, MIbank exits city4140 WEST MAPLE ROAD · closed May 26, 2022
- Independent Bank — Comstock Park, MIbank exits city3800 ALPINE AVE NW · closed May 26, 2022
- Independent Bank — Lapeer, MIbank exits city1985 WEST GENESEE STREET · closed May 26, 2022
- 5950 ROCHESTER ROAD · closed July 31, 2020
- 6018 US 31 SOUTH · closed July 31, 2020
- Independent Bank — Olivet, MIbank exits city112 SOUTH MAIN STREET · closed July 31, 2020
- Independent Bank — Pigeon, MIbank exits city75 SOUTH MAIN STREET · closed July 31, 2020
- 320 VERMONTVILLE HIGHWAY · closed July 31, 2020
- 7400 BAY ROAD · closed June 26, 2020
- Independent Bank — Mount Pleasant, MIbank exits city103 EAST PRESTON 2ND FLOOR · closed June 26, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.independentbank.com.