Independent Bank

Independent Bank of Grand Rapids, MI, chartered 1890: 57 offices, $5.66bn in assets, a 9.67% leverage ratio. Straight from the federal record.

Independent Bank is an FDIC-insured bank headquartered in Grand Rapids, MI, chartered in 1890. It is supervised by the Federal Reserve and held by Independent Bank Corp. Every figure below is filed by the bank with its regulator and reproduced here unchanged.

Where Independent Bank has branches

57 full-service offices across 1 state:

• Michigan: 57 offices in 49 towns, holding $4.73bn at 30 June 2025

Independent Bank on its latest Call Report, 30 June 2026

• Total assets: $5.66bn
• Total deposits: $4.93bn
• Tier 1 leverage ratio: 9.67%
• Total risk-based capital ratio: 12.70%
• Noncurrent loans, as a share of loans: 0.99%
• Return on assets: 1.34%
• Net interest margin: 3.72%
• Staff: 796

Compare Independent Bank against every other bank with a branch in Michigan, or find the offices nearest you.

Charter and office records from the FDIC BankFind Suite; capital, loan and earnings figures from the bank's own Call Report; deposits by office from the FDIC Summary of Deposits, counted each 30 June.