INDEPENDENT BANK CORPORATION
Income Statement
| Line Item | FY2009 |
|---|---|
| Revenue | $198.3M |
| Cost of Revenue | — |
| Gross Profit | — |
| Gross Margin | — |
| Operating Expenses | |
| Research & Development | — |
| SG&A Expense | — |
| Operating Income | $-42.9M |
| Operating Margin | -21.6% |
| Interest Expense | $50.5M |
| Pretax Income | $-93.4M |
| Income Tax Expense | $-3.2M |
| Net Income | $-90.2M |
| Net Margin | -45.5% |
| EPS (Basic) | $-0.04 |
| EPS (Diluted) | $-0.04 |
| Shares Outstanding (Basic) | — |
| Shares Outstanding (Diluted) | — |
| Dividends Per Share | $0.00 |