8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report:  October 20, 2020

INDEPENDENT BANK CORPORATION

(Exact name of registrant as specified in its charter)

Michigan	0-7818	38-2032782
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

4200 East Beltline Grand Rapids, Michigan	49525
(Address of principal executive office)	(Zip Code)

Registrant's telephone number,

including area code:

(616) 527-5820

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common stock, no par value	IBCP	NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company          ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02(b) section – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Board of Directors of Independent Bank Corporation (the "Corporation"), the holding company of Independent Bank, a Michigan-based community bank, announced today the appointment of Dennis W. Archer Jr. to the Boards of the Corporation and the Bank effective October 20, 2020. Mr. Archer was appointed to a term expiring on the date of the Corporation’s Annual Meeting of Shareholders in April 2022. In conjunction with Mr. Archer’s appointment, the Board increased the size of the Board to eleven members.

Mr. Archer is the CEO of Ignition Media Group, a leading integrated marketing agency, and President and founding partner of Archer Corporate Services, one of the nation’s leading marketing fulfillment service firms.  Mr. Archer’s hospitality holding company, Congress Hospitality, is creator and managing partner of Central Kitchen + Bar, one of Detroit’s top restaurants.

In addition to the aforementioned entrepreneurial endeavors, Mr. Archer is also a real estate developer who is dedicated to giving back to Detroit and the surrounding areas.  He has participated in several high-profile projects.  His civic and philanthropic involvement includes Chair Emeritus of the Detroit Regional Chamber of Commerce Board of Directors where he sits on the executive committee.  Mr. Archer also sits on the boards of the Jalen Rose Leadership Academy, Dennis W, Archer Foundation and Citizen Detroit.  Corporately, Mr. Archer serves on the General Motors Supplier Council.

Mr. Archer  received both his undergraduate and law degrees from the University of Michigan.

Item 9.01 Financial Statements and Exhibits

99.1 Press release announcing the appointment of Dennis W. Archer Jr. to the Board of Directors of Independent Bank Corporation and Independent Bank, issued by the Company on October 23, 2020.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	INDEPENDENT BANK CORPORATION
	(Registrant)
Date:  October 23, 2020	/s/ Gavin A. Mohr
	By:	Gavin A. Mohr
	Its:	Executive Vice President and
		Chief Financial Officer

EX-99.1

Exhibit 99.1

News Release

 Independent Bank Corporation

 4200 East Beltline

 Grand Rapids, MI 49525

 616.527.5820

For Release:	Immediately
Contact:	William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929

Independent Bank Corporation

Appoints Dennis W. Archer Jr.

To Its Board of Directors

GRAND RAPIDS, Mich., October 23, 2020 – Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors has appointed Dennis W. Archer Jr. to the boards of the Corporation and the Bank.  Mr. Archer is the CEO of Ignition Media Group, a leading integrated marketing agency, and President and founding partner of Archer Corporate Services, one of the nation’s leading marketing fulfillment service firms.  Mr. Archer’s hospitality holding company, Congress Hospitality, is creator and managing partner of Central Kitchen + Bar, one of Detroit’s top restaurants.

In addition to the aforementioned entrepreneurial endeavors, Mr. Archer is also a real estate developer who is dedicated to giving back to Detroit and the surrounding areas.  He has participated in several high-profile projects.  His civic and philanthropic involvement includes Chair Emeritus of the Detroit Regional Chamber of Commerce Board of Directors where he sits on the executive committee.  Mr. Archer also sits on the boards of the Jalen Rose Leadership Academy, Dennis W. Archer Foundation and Citizen Detroit.  Corporately, Mr. Archer serves on the General Motors Supplier Council.

William B. (“Brad”) Kessel, the President and CEO of Independent Bank Corporation, commented: “We are very excited to add Dennis Archer Jr. to the Boards of Directors of both our parent company and the Bank.  He is a talented executive with a wide range of business and entrepreneurial experience as well as having previously served on a community bank board.  He also has a deep understanding of and commitment to the Detroit area, Michigan’s largest market.  He is an important addition to our organization.”

Dennis Archer Jr. commented: “I am honored with the opportunity to join the Boards of Directors of Independent Bank Corporation and Independent Bank.  I believe that my experience in marketing and developing new businesses as well as my educational background will be beneficial to the organization.  I look forward to working with such a talented Board and management team.”

Mr. Archer received both his undergraduate and law degrees from the University of Michigan.

About Independent Bank Corporation

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $4.2 billion.  Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through one state-chartered bank subsidiary.  This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments and insurance.  Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

For more information, please visit our Web site at:  IndependentBank.com.

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Document and Entity Information	Oct. 20, 2020
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Oct. 20, 2020
Entity Registrant Name	INDEPENDENT BANK CORP /MI/
Entity Incorporation, State or Country Code	MI
Entity File Number	000-07818
Entity Tax Identification Number	38-2032782
Entity Address, Address Line One	4200 E BELTLINE AVE
Entity Address, City or Town	GRAND RAPIDS
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	49525
City Area Code	800
Local Phone Number	355-0641
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000039311
Title of 12(b) Security	Common stock, no par value
Trading Symbol	IBCP
Security Exchange Name	NASDAQ