 GRAND RAPIDS, Mich., Jan. 28, 2021 GLOBE NEWSWIRE -- Independent Bank Corporation NASDAQ: IBCP reported fourth quarter 2020 net income of 17.0 million, or 0.77 per diluted share, versus net income of 13.9 million, or 0.61 per diluted share, in the prior-year period. For the year ended December 31, 2020, the Company reported net income of 56.2 million, or 2.53 per diluted share, compared to net income of 46.4 million, or 2.00 per diluted share, in 2019. The increase in 2020 fourth quarter and full-year 2020 earnings as compared to 2019 primarily reflects increases in non-interest income that were partially offset by a decrease in interest income and an increase in non-interest expense and income tax expense. 