INDEPENDENT BANK CORP /MI/ (IBCP) Amortization of Intangible Assets USD 2010 - 2023

Historical data

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Independent Bank Corp /Mi/ annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Independent Bank Corp /Mi/ annual Amortization of Intangible Assets for 2023 was $500 K, a 37.5% decline from 2022.
  • Independent Bank Corp /Mi/ annual Amortization of Intangible Assets for 2022 was $800 K, a 20% decline from 2021.
  • Independent Bank Corp /Mi/ annual Amortization of Intangible Assets for 2021 was $1 M, unchanged from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $500 K -$300 K -37.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $800 K -$200 K -20% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $1 M $0 0% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-08
2020 $1 M -$100 K -9.09% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-03
2019 $1.1 M +$100 K +10% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $1 M +$700 K +233% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-05
2017 $300 K $0 0% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-06
2016 $300 K $0 0% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-07
2015 $300 K -$200 K -40% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-07
2014 $500 K -$300 K -37.5% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-07
2013 $800 K -$300 K -27.3% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-07
2012 $1.1 M -$271 K -19.8% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-06
2011 $1.37 M +$91 K +7.11% Dec 31, 2010 Dec 31, 2011 10-K 2013-03-13
2010 $1.28 M Dec 31, 2009 Dec 31, 2010 10-K 2013-03-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.