Independent Bank: Loan Portfolio
Data as of · Call Report Schedule RC-C How we update
The loan book by category. Concentration is what supervisors read here: a portfolio weighted heavily toward one collateral type carries that sector's cycle, which is the mechanism behind most community-bank failures.
The standout move of Q2 2026 was in Construction concentration (Tier 1 capital + allowance): 2.46 percentage points higher than in Q1 2026, at 41.35%. Within Michigan, Independent Bank is 30th of 72 on loan-to-deposit ratio, 89.93% as of Q2 2026, above the middle of the field. At 89.93%, Independent Bank's loan-to-deposit ratio is close to the 88.20% median for banks in the $1B-10B asset tier (Q2 2026).
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $4.43B |
| Net loans and leases | $4.37B |
| Loans held for sale | $16.8M |
| Loans to total assets | 78.37% |
| Loan-to-deposit ratio | 89.93% |
| Net loans to equity capital | 8.46% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 30.25% |
| Multifamily (5+ residential) | 2.73% |
| Commercial and industrial | 14.58% |
| Consumer | 11.65% |
| Credit cards | 0.00% |
| Farm | 0.07% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 0.16% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 173.48% |
| Construction concentration (Tier 1 capital + allowance) | 41.35% |
Supervisory definition (FFIEC UBPR page 7B): construction and land development, multifamily, non-owner-occupied nonfarm nonresidential and unsecured CRE loans, over Tier 1 capital plus the allowance for credit losses. Owner-occupied CRE and farmland are excluded. The 2006 interagency guidance flags CRE above 300% of capital, or construction and development above 100%, for heightened supervisory scrutiny. These are screening thresholds, not limits.
Loan earnings
| Line item | Q2 2026 |
|---|---|
| Yield on loans | — |
| Interest income on loans | $60.8M |
Loan Portfolio trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Loan Portfolio by quarter
| Quarter | Total loans | Total deposits | Commercial real estate | Commercial and industrial | Consumer |
|---|---|---|---|---|---|
| Q3 2023 | $3.76B | $4.65B | 24.80% | 11.64% | 16.90% |
| Q4 2023 | $3.81B | $4.68B | 25.06% | 12.45% | 16.33% |
| Q1 2024 | $3.85B | $4.65B | 25.45% | 12.60% | 15.84% |
| Q2 2024 | $3.87B | $4.68B | 24.60% | 12.59% | 15.84% |
| Q3 2024 | $3.96B | $4.69B | 25.12% | 12.94% | 15.19% |
| Q4 2024 | $4.05B | $4.72B | 26.08% | 13.10% | 14.37% |
| Q1 2025 | $4.08B | $4.70B | 27.30% | 13.19% | 13.84% |
| Q2 2025 | $4.18B | $4.73B | 27.42% | 13.51% | 13.52% |
| Q3 2025 | $4.21B | $4.92B | 28.83% | 13.14% | 13.13% |
| Q4 2025 | $4.29B | $4.82B | 29.12% | 13.61% | 12.50% |
| Q1 2026 | $4.33B | $4.94B | 30.29% | 14.19% | 11.95% |
| Q2 2026 | $4.43B | $4.93B | 30.25% | 14.58% | 11.65% |
Independent Bank loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock Independent Bank, freeSource: Call Report Schedule RC-C, 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)