Independent Bank (NASDAQ:IBCP) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.79 by 2.27 percent. This is a 7.95 percent decrease over earnings of $0.88 per share from the same period last year. The company reported quarterly sales of $44.615 million which missed the analyst consensus estimate of $44.730 million by 0.26 percent. This is a 7.91 percent increase over sales of $41.346 million the same period last year.