Independent Bank Corporation (IBCP) — Business segments and KPIs
Revenue by business segment and geography for Independent Bank Corporation, with year-over-year trends.
FY 2021
| Segment | Revenue | % of total |
|---|---|---|
| Revenue by product | ||
| Interchange Income | 14.05M | 32.5% |
| Service Charges on Deposits | 10.17M | 23.5% |
| Overdraft Fees | 8.43M | 19.5% |
| Investment and Insurance Commissions | 2.60M | 6.0% |
| Other Deposit Related Income | 2.28M | 5.3% |
| Asset Management Revenue | 1.69M | 3.9% |
| Account Service Charges | 1.13M | 2.6% |
| ATM Fees | 1.11M | 2.6% |
| Transaction Based Revenue | 914K | 2.1% |
| Other | 819K | 1.9% |