Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2025


Three months ending June 30, 2025
	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
	(In thousands)
Retail
Overdraft fees	$	2,193	$	—	$	—	$	—	$	2,193
Account service charges	673		—		—		—		673
ATM fees	—		401		—		—		401
Other	—		169		—		—		169
Business
Overdraft fees	115		—		—		—		115
ATM fees	—		12		—		—		12
Other	—		115		—		—		115
Interchange income	—		—		3,390		—		3,390
Asset management revenue	—		—		—		390		390
Transaction based revenue	—		—		—		420		420

Total	$	2,981	$	697	$	3,390	$	810	$	7,878

Reconciliation to interim Condensed Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	697
Investment and insurance commissions									810
Bank owned life insurance (1)									296
Other (1)									1,019
Total									$	2,822

(1)Excluded from the scope of ASC Topic 606.


Three months ending June 30, 2024
	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
	(In thousands)
Retail
Overdraft fees	$	2,221	$	—	$	—	$	—	$	2,221
Account service charges	621		—		—		—		621
ATM fees	—		412		—		—		412
Other	—		186		—		—		186
Business
Overdraft fees	95		—		—		—		95
ATM fees	—		13		—		—		13
Other	—		109		—		—		109
Interchange income	—		—		3,401		—		3,401
Asset management revenue	—		—		—		497		497
Transaction based revenue	—		—		—		341		341

Total	$	2,937	$	720	$	3,401	$	838	$	7,896

Reconciliation to interim Condensed Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	720
Investment and insurance commissions									838
Bank owned life insurance (1)									188
Other (1)									971
Total									$	2,717

(1)Excluded from the scope of ASC Topic 606.



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
Six months ending June 30, 2025	(In thousands)
Retail
Overdraft fees	$	4,301	$	—	$	—	$	—	$	4,301
Account service charges	1,266		—		—		—		1,266
ATM fees	—		756		—		—		756
Other	—		353		—		—		353
Business
Overdraft fees	228		—		—		—		228
ATM fees	—		22		—		—		22
Other	—		214		—		—		214
Interchange income	—		—		6,517		—		6,517
Asset management revenue	—		—		—		801		801
Transaction based revenue	—		—		—		763		763

Total	$	5,795	$	1,345	$	6,517	$	1,564	$	15,221

Reconciliation to interim Condensed Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	1,345
Investment and insurance commissions									1,564
Bank owned life insurance (1)									593
Other (1)									2,466
Total									$	5,968

(1)Excluded from the scope of ASC Topic 606.



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
Six months ending June 30, 2024	(In thousands)
Retail
Overdraft fees	$	4,410	$	—	$	—	$	—	$	4,410
Account service charges	1,194		—		—		—		1,194
ATM fees	—		795		—		—		795
Other	—		436		—		—		436
Business
Overdraft fees	205		—		—		—		205
ATM fees	—		24		—		—		24
Other	—		213		—		—		213
Interchange income	—		—		6,552		—		6,552
Asset management revenue	—		—		—		990		990
Transaction based revenue	—		—		—		652		652

Total	$	5,809	$	1,468	$	6,552	$	1,642	$	15,471

Reconciliation to interim Condensed Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	1,468
Investment and insurance commissions									1,642
Bank owned life insurance (1)									369
Other (1)									1,956
Total									$	5,435

(1)Excluded from the scope of ASC Topic 606.

INDEPENDENT BANK CORP /MI/ 10-Q