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Independent Bank Posts 2Q Increase

Published: July 23, 2008

IONIA — Independent Bank Corp. reported second quarter 2008 net income from continuing operations of $3.3 million, or 15 cents per diluted share, versus net income from continuing operations of $108,000, or zero cents per diluted share, in the prior-year period. For the quarter ended June 30, the company recorded net income of $3.3 million, or 15 cents per diluted share, compared to a net loss of $43,000, or zero cents per diluted share, in the second quarter of last year.

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