Independent Bank (Michigan) (IBCP) - Total liabilities

Total liabilities on the balance sheet as of September 2024 : $4.80 Billion USD

According to Independent Bank (Michigan)'s latest financial reports the company's total liabilities are $4.80 Billion USD. A company’s total liabilities is the sum of all current and non-current debts and obligations.

Independent Bank (Michigan) - Total liabilities on balance sheet (from 2001 to 2024)

Total liabilities by year

Year	Total liabilities	Change
2023-12-31	$4.85 B	4.45%
2022-12-31	$4.65 B	8.03%
2021-12-31	$4.30 B	12.89%
2020-12-31	$3.81 B	18.66%
2019-12-31	$3.21 B	6.64%
2018-12-31	$3.01 B	19.41%
2017-12-31	$2.52 B	9.76%
2016-12-31	$2.29 B	6.58%
2015-12-31	$2.15 B	7.99%
2014-12-31	$1.99 B	1.01%
2013-12-31	$1.97 B	4.74%
2012-12-31	$1.88 B	-14.33%
2011-12-31	$2.20 B	-8.75%
2010-12-31	$2.41 B	-15.39%
2009-12-31	$2.85 B	3.41%
2008-12-31	$2.76 B	-8.17%
2007-12-31	$3.00 B	-5.19%
2006-12-31	$3.17 B	2.06%
2005-12-31	$3.10 B	8.52%
2004-12-31	$2.86 B	30.29%
2003-12-31	$2.19 B	14.5%
2002-12-31	$1.91 B	9.28%
2001-12-31	$1.75 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Mercantile Bank MBWM	$5.33 B	10.96%	🇺🇸 USA
Macatawa Bank MCBC	$2.32 B	-51.70%	🇺🇸 USA
1st Source SRCE	$7.58 B	57.87%	🇺🇸 USA
Huntington Bancshares HBAN	$179.88 B	3,642.18%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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