INDEPENDENT BANK CORP /MI/ (IBCP) › Shareholders' EquityINDEPENDENT BANK CORP /MI/ (IBCP) — Shareholders' EquityAnnual figures by fiscal year, from SEC filings.2008: $194.88M2009: $109.86M2010: $119.08M2011: $102.63M2012: $134.97M2013: $231.58M2014: $250.37M2015: $252.34M2016: $249.33M2017: $264.93M2018: $338.99M2019: $350.17M2020: $389.52M2021: $398.48M2022: $347.60M2023: $404.45M2024: $454.69M2025: $502.95M$502.95M2008Shareholders' Equity (USD)2025Fiscal YearShareholders' EquityChange YoY2025$502.95M+10.6%2024$454.69M+12.4%2023$404.45M+16.4%2022$347.60M-12.8%2021$398.48M+2.3%2020$389.52M+11.2%2019$350.17M+3.3%2018$338.99M+28.0%2017$264.93M+6.3%2016$249.33M-1.2%2015$252.34M+0.8%2014$250.37M+8.1%2013$231.58M+71.6%2012$134.97M+31.5%2011$102.63M-13.8%2010$119.08M+8.4%2009$109.86M-43.6%2008$194.88M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share