Independent Bank Balance Sheet - Quarterly (NASDAQ:IBCP)

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$19.65 $0.15 (0.76%) IBCP stock closing price Mar 22, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Independent Bank balance sheet. 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. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Independent Bank balance sheet for 2016-Q4 shows total assets of $2.55B. Independent Bank revenue was $35.36M and Independent Bank operating cash flow was $23.98M for the same quarter. View Independent Bank quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3
Cash88.79M121.54M69.59M154.88M97.64M118.22M69.17M113.12M87.57M80.09M
Marketable Securities0.41M0.15M0.21M0.13M0.14M0.22M0.18M0.21M0.2M0.53M
Receivables1.61B1.61B1.58B1.54B1.52B1.47B1.45B1.42B1.41B1.4B
Inventory35.95M38M31.71M28.01M27.86M25.46M30.51M30.93M23.66M22.83M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Independent Bank Total Current Assets
1.74B1.77B1.69B1.73B1.64B1.61B1.55B1.57B1.52B1.5B
Property Plant & Equipment142.23M---152.63M---154.19M-
Accumulated Depreciation102.06M---109.52M---108.25M-
Independent Bank Net Property Plant & Equipment
40.18M40.37M41.04M42.08M43.1M43.35M44.17M45.22M45.94M46.22M
Investment & Advances626.16M618.61M614.98M605.1M600.95M619.94M572.84M591.81M553.09M556.51M
Other Non-Current Assets5M4.98M5.57M6.67M7.15M3.85M4.47M5.66M6.45M9.37M
Deferred Charges32.82M32.15M35.25M37.16M39.63M41.42M44.15M46.19M48.63M50.33M
Intangibles15.6M13.06M12.43M13.17M14.71M13.99M14.98M13.85M14.73M15.94M
Deposits & Other Assets89.66M56.38M58.02M57.86M61.63M61.42M61.57M61.2M60.86M60.09M
Independent Bank Total Assets
2.55B2.54B2.45B2.49B2.41B2.39B2.29B2.33B2.25B2.24B
Notes Payable--------0.75M54.45M
Accounts Payable2.23B2.21B2.13B2.16B2.09B2.06B1.96B2B1.93B1.9B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses28.53M32.82M29.04M44.1M23.69M31.33M22.96M24.84M24.04M27.15M
Income Taxes Payable----------
Other Current Liabilities----------
Independent Bank Total Current Liabilities
2.25B2.24B2.16B2.2B2.11B2.09B1.99B2.03B1.95B1.93B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt45M47.09M47.36M47.52M47.52M47.63M47.89M48.03M48.03M66.95M
Non-Current Capital Leases----------
Other Long-Term Liabilities0.72M---------
Independent Bank Total Liabilities
2.3B2.29B2.21B2.25B2.16B2.14B2.03B2.08B2B1.99B
Minority Interest----------
Preferred Stock----------
Common Stock Net323.75M323.3M324.26M324.32M339.46M343.6M349.58M351.88M352.46M352.12M
Capital Surplus----------
Retained Earnings-65.66M-69.38M-74.06M-79.98M-82.33M-86.12M-89.81M-94.05M-96.45M-98.97M
Treasury Stock----------
Other Liabilities-9.11M-3.01M-3.28M-4.79M-6.03M-4.49M-5.39M-4.2M-5.63M-6.08M
Independent Bank Shareholders Equity
248.98M250.9M246.92M239.54M251.09M252.98M254.37M253.62M250.37M247.06M
Independent Bank Total Liabilities & Shareholders Equity
2.55B2.54B2.45B2.49B2.41B2.39B2.29B2.33B2.25B2.24B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Independent Bank stock price by looking at Independent Bank historical stock prices. One can compare PE with industry average by looking at the Independent Bank PE ratio chart. The common balance sheet items are:
  • Assets: IBCP total assets, which was at $2.55B for 2016-Q4 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: This item on the balance sheet implies the firm's, in this case Independent Bank's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for IBCP stock stand at $2.3B.
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Independent Bank Balance Sheet - Key Ratios

PB ratio (
price to book ratio
)
1.6870