Independent Bank Balance Sheet - Annual (NASDAQ:IBCP)

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$16.58 $0.17 (1.01%) IBCP stock closing price Oct 21, 2016 (Closing)

The financial analysis of a company like Independent Bank involves checking the three financial statements of the company in detail, of which the balance sheet is one. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Independent Bank stock analysis, and provides insights into the firm's financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Independent Bank balance sheet for 2015 shows cash on hand of $97.64M. The cash has increased by $10.07M. Independent Bank revenue was $120.97M and Independent Bank operating cash flow was $24.03M. View latest and last 10 year balance sheet data to check Independent Bank financial performance..

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Marketable Securities0.14M0.2M0.49M0.11M0.07M0.03M0.05M1.92M--
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Independent Bank Total Current Assets
Property Plant & Equipment152.63M154.19M151.06M143.82M167.68M165.74M161.81M153.9M--
Accumulated Depreciation109.52M108.25M102.47M96.81M105.13M97.38M89.19M80.58M--
Independent Bank Net Property Plant & Equipment
Investment & Advances600.95M553.09M485.9M229.25M178.27M91.49M192M243.47M386.03M449.11M
Other Non-Current Assets7.15M6.45M18.28M26.13M34.04M39.41M31.53M19.99M-189.43M
Deferred Charges39.63M48.63M57.55M-------
Deposits & Other Assets61.63M60.86M59.96M78.78M91.17M101.09M68.56M44.89M42.93M41.1M
Independent Bank Total Assets
Notes Payable-------0.75M54.45M84.08M
Accounts Payable2.09B1.93B1.89B1.79B2.09B2.26B2.59B2.09B2.51B2.6B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses23.69M24.04M31.55M33.83M28.45M31.37M44.35M32.62M35.62M40.53M
Income Taxes Payable----------
Other Current Liabilities--------44.91M32.76M
Independent Bank Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt47.52M48.03M57.91M67.8M83.56M121.2M224.07M634.87M395.42M227.87M
Non-Current Capital Leases----------
Other Long-Term Liabilities--------0.03M183.67M
Independent Bank Total Liabilities
Minority Interest----------
Preferred Stock---84.2M79.85M75.7M69.15M68.45M--
Common Stock Net339.46M352.46M351.17M251.23M248.95M246.4M23.86M22.79M22.6M22.86M
Capital Surplus------201.61M200.68M195.3M200.24M
Retained Earnings-82.33M-96.45M-110.34M-192.4M-214.25M-189.9M-169.09M-73.84M22.77M31.42M
Treasury Stock----------
Other Liabilities-6.03M-5.63M-9.24M-8.05M-11.92M-13.12M-15.67M-23.2M-0.17M3.64M
Independent Bank Shareholders Equity
Independent Bank Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Independent Bank historical stock prices and the current Independent Bank stock price can tell you how the stock price has moved, whereas the Independent Bank PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: IBCP total assets, which was at $2.41B for 2015 is a balance sheet item representing value of what Independent Bank owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Independent Bank for 2015 total to $2.16B. Liabilities for a company like Independent Bank include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Independent Bank Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover
PB ratio (
price to book ratio