Terance Beia Biography and Net Worth

Director of Independent Bank

Mr. Beia was appointed to the Board in April 2018 in conjunction with the Company’s acquisition of Traverse City State Bank (‘‘TCSB’’). He is active in the oil and gas exploration industry and he owns and manages commercial and residential real estate holdings in the Traverse City area. He served on the TCSB Board of Directors for 17 years. Mr. Beia’s business experience in the Traverse City area and long-term service with TCSB make him a valuable contributor to our Board.

What is Terance L. Beia's net worth?: The estimated net worth of Terance L. Beia is at least $1.36 million as of June 13th, 2025. Mr. Beia owns 40,001 shares of Independent Bank stock worth more than $1,356,834 as of December 5th. This net worth estimate does not reflect any other assets that Mr. Beia may own. Learn More about Terance L. Beia's net worth.
How do I contact Terance L. Beia?: The corporate mailing address for Mr. Beia and other Independent Bank executives is 4200 E BELTLINE, GRAND RAPIDS MI, 49525. Independent Bank can also be reached via phone at (616) 527-5820 and via email at [email protected]. Learn More on Terance L. Beia's contact information.
Has Terance L. Beia been buying or selling shares of Independent Bank?: Terance L. Beia has not been actively trading shares of Independent Bank during the last ninety days. Most recently, on Friday, June 13th, Terance L. Beia bought 1,821 shares of Independent Bank stock. The stock was acquired at an average cost of $30.65 per share, with a total value of $55,813.65. Following the completion of the transaction, the director now directly owns 40,001 shares of the company's stock, valued at $1,226,030.65. Learn More on Terance L. Beia's trading history.
Who are Independent Bank's active insiders?: Independent Bank's insider roster includes Dennis Archer, Jr. (Director), Terance Beia (Director), Patrick Ervin (EVP, Mortgage Banking Manager), Christina Keller (Director), Stefanie Kimball (EVP), Ronia Kruse (Director), Michael Magee, Jr. (Director), Gavin Mohr (EVP – Chief Financial Officer), and James Twarozynski (SVP). Learn More on Independent Bank's active insiders.
Are insiders buying or selling shares of Independent Bank?: In the last twelve months, Independent Bank insiders bought shares 2 times. They purchased a total of 3,821 shares worth more than $115,093.65. In the last twelve months, insiders at the financial services provider sold shares 3 times. They sold a total of 8,290 shares worth more than $259,597.04. The most recent insider tranaction occured on November, 21st when SVP James J Twarozynski sold 486 shares worth more than $15,377.04. Insiders at Independent Bank own 5.7% of the company. Learn More about insider trades at Independent Bank.
Information on this page was last updated on 11/21/2025.

Terance L. Beia Insider Trading History at Independent Bank

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/13/2025	Buy	1,821	$30.65	$55,813.65	40,001
5/10/2023	Buy	1,831	$15.62	$28,600.22	38,120

Terance L. Beia Buying and Selling Activity at Independent Bank

Independent Bank Company Overview

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services. In addition, it operates through branches, drive-thru facilities, and loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Today's Range

Now: $33.92

$33.77

$34.12

50 Day Range

MA: $31.41

$30.08

$33.99

2 Week Range

Now: $33.92

$26.75

$38.91

Volume

82,329 shs

Average Volume

123,325 shs

Market Capitalization

$701.80 million

P/E Ratio

10.40

Dividend Yield

3.06%

Beta

0.81