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Independent Bank Corporation (IBCP)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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17.85-0.27 (-1.49%)
At close: 1:00PM EST

Independent Bank Corporation

4200 East Beltline
Grand Rapids, MI 49525
United States

Sector(s)Financial Services
Full Time Employees848

Key Executives

NameTitlePayExercisedYear Born
Mr. William Bradford Kessel CPAPres, CEO & Director849.82kN/A1964
Ms. Stefanie M. KimballExec. VP & Chief Risk Officer429.86kN/A1960
Mr. Patrick J. ErvinExec. VP of Mortgage Banking405.07kN/A1966
Mr. Gavin A. MohrCFO, Exec. VP, Treasurer & Sec.N/AN/AN/A
Mr. Larry Russ Daniel Jr.Exec. VP of Operations & Digital BankingN/AN/A1964
Mr. Peter R. GravesChief Information Officer & Sr. VP of Commercial LoansN/AN/A1957
Ms. Laurinda M. NeveSr. VP of HRN/AN/A1952
Mr. David C. ReglinExec. VP of Retail BankingN/AN/A1959
Mr. Charles F. SchadlerSr. VP of Corp. AuditorN/AN/A1949
Mr. James J. TwarozynskiSr. VP & ControllerN/AN/A1965
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Independent Bank Corporation operates as the holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machines, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 66 branches, two drive-thru facility, and nine loan production offices in Michigan; and three loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Corporate Governance

Independent Bank Corporation’s ISS Governance QualityScore as of November 1, 2019 is 3. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.