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Independent Bank Corporation (IBCP)

On Nov 30: 0.68   0.06 (8.11%)

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View: Annual Data | Quarterly Data All numbers in thousands PERIOD ENDING 31-Dec-08 31-Dec-07 31-Dec-06 Assets Current Assets Cash And Cash Equivalents 59,634   79,289   73,142   Short Term Investments -   -   -   Net Receivables 44,802   76,690   -   Inventory -   -   -   Other Current Assets -   -   -   Total Current Assets -   -   -   Long Term Investments 2,684,673   2,921,595   2,998,460   Property Plant and Equipment 93,316   73,558   71,192   Goodwill 16,734   66,754   48,709   Intangible Assets 12,190   15,262   7,854   Accumulated Amortization -   -   -   Other Assets 44,896   42,934   230,541   Deferred Long Term Asset Charges -   -   -   Total Assets 2,956,245   3,276,082   3,429,898   Liabilities Current Liabilities Accounts Payable 59,265   35,629   73,305   Short/Current Long Term Debt 750   54,452   84,081   Other Current Liabilities 2,066,479   2,505,127   2,602,791   Total Current Liabilities -   -   -   Long Term Debt 634,874   440,338   227,878   Other Liabilities -   34   183,676   Deferred Long Term Liability Charges -   -   -   Minority Interest -   -   -   Negative Goodwill -   -   -   Total Liabilities 2,761,368   3,035,580   3,171,731   Stockholders' Equity Misc Stocks Options Warrants -   -   -   Redeemable Preferred Stock -   -   -   Preferred Stock 68,456   -   -   Common Stock 22,791   22,601   22,865   Retained Earnings (73,849) 22,770   31,420   Treasury Stock -   -   -   Capital Surplus 200,687   195,302   200,241   Other Stockholder Equity (23,208) (171) 3,641   Total Stockholder Equity 194,877   240,502   258,167   Net Tangible Assets $165,953   $158,486   $201,604

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