Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Independent Bank All Insured Commercial Banks in Michigan
12-31-2016 76,000 14,869
09-30-2016 56,000 10,466
06-30-2016 38,000 7,663
03-31-2016 19,000 3,722
12-31-2015 85,000 16,044
09-30-2015 65,000 11,330
06-30-2015 46,000 7,533
03-31-2015 23,000 3,628
12-31-2014 107,000 16,175
09-30-2014 82,000 12,245
06-30-2014 55,000 8,250
03-31-2014 28,000 4,379
12-31-2013 122,000 16,262
09-30-2013 94,000 12,067
06-30-2013 64,000 7,885
03-31-2013 32,000 4,390
12-31-2012 150,000 17,769
09-30-2012 115,000 13,404
06-30-2012 78,000 8,798
03-31-2012 40,000 4,431
12-31-2011 14,780
09-30-2011 10,569
06-30-2011 7,101
03-31-2011 3,636
12-31-2010 12,514
09-30-2010 9,777
06-30-2010 6,478
03-31-2010 13,950
12-31-2009 60,300
09-30-2009 44,528
06-30-2009 29,846
03-31-2009 15,286
12-31-2008 49,041
09-30-2008 34,186
06-30-2008 129,000 28,919
03-31-2008 57,000 23,221
12-31-2007 231,000 166,260
09-30-2007 168,000 137,886
06-30-2007 31,000 86,228
03-31-2007 15,000 44,039
12-31-2006 63,000 145,864
09-30-2006 47,000 102,914
06-30-2006 30,000 70,844
03-31-2006 14,000 36,534
12-31-2005 68,000 124,258
09-30-2005 56,000 91,495
06-30-2005 44,000 62,242
03-31-2005 27,000 30,890
12-31-2004 106,000 118,424
09-30-2004 79,000 91,552
06-30-2004 51,000 62,326
03-31-2004 27,000 33,607
12-31-2003 140,000 157,568
09-30-2003 109,000 88,293
06-30-2003 75,000 59,707
03-31-2003 38,000 29,148
12-31-2002 150,000 116,711