Independent Bank Corporation
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $54.7M | $83.2M | $85.8M | $74.0M | $119.1M | $179.8M | $341.1M | $385.4M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $39.1M | $40.2M | $43.1M | $45.9M | $48.6M | $47.0M | $62.5M | $68.4M |
| Goodwill | $0 | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $1.6M | $1.9M | $2.3M | $2.6M | $3.2M | $4.0M | $7.6M | $9.0M |
| Total Assets | $2.79B | $2.55B | $2.41B | $2.25B | $2.21B | $2.02B | $2.31B | $2.54B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $2.52B | $2.30B | $2.16B | $2.00B | $1.98B | $1.89B | $2.20B | $2.42B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-54.1M | $-65.7M | $-82.3M | $-96.5M | $-110.3M | $-192.4M | $-214.3M | $-189.9M |
| Total Stockholders' Equity | $264.9M | $249.3M | $252.3M | $250.4M | $231.6M | $135.0M | $102.6M | $119.1M |