In Brief: Michigan's Independent Bank Corp. Up 13%

IONIA, Mich. - Independent Bank Corp. said earnings rose 13% in the first quarter to $1.56 million.

The $522 million-asset company said that increased loan balances contributed to a $636,000 increase in net interest income. Loans totaled $352 million at March 31, compared with $281 million a year earlier.

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