Independent Bank: Regulatory Capital
Data as of · Call Report Schedule RC-R How we update
The regulatory capital stack and the risk-weighted assets it is measured against. A bank is well capitalized at 6.5% CET1, 8% Tier 1 and 10% total risk-based capital; the conservation buffer effectively lifts CET1 to 7%.
Accumulated other comprehensive income climbed 7.7% in Q2 2026, from -$61.0M to -$56.3M. It was the largest change from Q1 2026 among the key lines here. Within Michigan, Independent Bank is 34th of 43 on CET1 ratio, 11.45% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 13.48% on CET1 ratio. Independent Bank sits 2.03 points lower, at 11.45% (Q2 2026).
Risk-based capital ratios
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 ratio | 11.45% |
| Tier 1 risk-based capital ratio | 11.45% |
| Total risk-based capital ratio | 12.70% |
| Tier 1 leverage ratio | 9.67% |
The leverage ratio is measured against average total assets, not risk-weighted assets, so it will normally sit well below the risk-based ratios. Equal values would indicate a reporting error.
Capital amounts
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 capital | $537.4M |
| Tier 1 capital | $537.4M |
| Total risk-based capital | $596.2M |
| Total equity capital | $515.9M |
| Risk-weighted assets | $4.69B |
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| Equity capital to total assets | 9.12% |
| Tangible equity to tangible assets | 8.65% |
| Equity capital to average assets | 9.24% |
| Internal capital growth rate | 10.94% |
Capital structure
| Line item | Q2 2026 |
|---|---|
| Common stock | $200K |
| Common stock surplus | $325.8M |
| Retained earnings | $246.3M |
| Preferred stock and surplus | $0 |
| Accumulated other comprehensive income | -$56.3M |
| Subordinated notes and debentures | $0 |
Regulatory Capital trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Regulatory Capital by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | Risk-weighted assets |
|---|---|---|---|---|---|
| Q3 2023 | 11.09% | 11.09% | 12.34% | 8.71% | $4.15B |
| Q4 2023 | 11.21% | 11.21% | 12.46% | 8.80% | $4.18B |
| Q1 2024 | 11.37% | 11.37% | 12.62% | 9.05% | $4.20B |
| Q2 2024 | 11.70% | 11.70% | 12.95% | 9.34% | $4.19B |
| Q3 2024 | 11.74% | 11.74% | 13.00% | 9.36% | $4.25B |
| Q4 2024 | 11.74% | 11.74% | 12.99% | 9.58% | $4.37B |
| Q1 2025 | 11.93% | 11.93% | 13.19% | 9.56% | $4.35B |
| Q2 2025 | 11.90% | 11.90% | 13.15% | 9.79% | $4.43B |
| Q3 2025 | 11.33% | 11.33% | 12.58% | 9.19% | $4.46B |
| Q4 2025 | 11.24% | 11.24% | 12.49% | 9.36% | $4.57B |
| Q1 2026 | 11.43% | 11.43% | 12.68% | 9.43% | $4.58B |
| Q2 2026 | 11.45% | 11.45% | 12.70% | 9.67% | $4.69B |
Independent Bank regulatory capital, all the way back
Regulatory Capital back to 2001 · peer percentiles on every line item · Excel export
Unlock Independent Bank, freeSource: Call Report Schedule RC-R, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Independent Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 27811) · FFIEC NIC profile (RSSD 636771)