Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
73.66
-0.07 (-0.09%)
At close: Dec 5, 2025, 4:00 PM EST
73.64
-0.02 (-0.03%)
After-hours: Dec 5, 2025, 5:01 PM EST
Independent Bank Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Cash & Equivalents | 910.8 | 219.89 | 224.33 | 352.93 | 2,241 | 1,297 | Upgrade
|
| Investment Securities | 1,195 | 1,089 | 1,309 | 1,338 | 1,309 | 142.09 | Upgrade
|
| Trading Asset Securities | 37.78 | 57.29 | 55.7 | 70.17 | 92.19 | 187.42 | Upgrade
|
| Mortgage-Backed Securities | 2,125 | 1,618 | 1,617 | 1,787 | 1,352 | 1,017 | Upgrade
|
| Total Investments | 3,358 | 2,764 | 2,982 | 3,196 | 2,753 | 1,347 | Upgrade
|
| Gross Loans | 18,452 | 14,508 | 14,278 | 13,929 | 13,587 | 9,393 | Upgrade
|
| Allowance for Loan Losses | -190.48 | -169.98 | -142.22 | -152.42 | -146.92 | -113.39 | Upgrade
|
| Net Loans | 18,262 | 14,338 | 14,136 | 13,776 | 13,440 | 9,279 | Upgrade
|
| Property, Plant & Equipment | 221.17 | 247.82 | 247.15 | 255.4 | 255.79 | 166.09 | Upgrade
|
| Goodwill | 1,083 | 985.07 | 985.07 | 985.07 | 985.07 | 506.21 | Upgrade
|
| Other Intangible Assets | 141.73 | 12.28 | 18.19 | 25.07 | 32.77 | 23.11 | Upgrade
|
| Loans Held for Sale | 17.05 | 7.27 | 6.37 | 2.8 | 24.68 | 58.1 | Upgrade
|
| Accrued Interest Receivable | 9 | 6.7 | 7.7 | 8 | 5 | 1.2 | Upgrade
|
| Other Receivables | 7.48 | 5.97 | 5.51 | 5.26 | 5.39 | 4.64 | Upgrade
|
| Other Current Assets | 4.61 | 4.25 | 4.99 | 3.89 | 3.72 | 2.84 | Upgrade
|
| Other Real Estate Owned & Foreclosed | 2.1 | - | 0.11 | - | - | - | Upgrade
|
| Other Long-Term Assets | 953.94 | 749.95 | 686.99 | 678.7 | 665.21 | 508.86 | Upgrade
|
| Total Assets | 24,993 | 19,374 | 19,347 | 19,294 | 20,423 | 13,204 | Upgrade
|
| Interest Bearing Deposits | 14,660 | 10,915 | 10,298 | 10,437 | 11,438 | 7,231 | Upgrade
|
| Non-Interest Bearing Deposits | 5,636 | 4,391 | 4,567 | 5,442 | 5,480 | 3,762 | Upgrade
|
| Total Deposits | 20,296 | 15,306 | 14,866 | 15,879 | 16,917 | 10,993 | Upgrade
|
| Short-Term Borrowings | 64.16 | 740.68 | 1,214 | 146.67 | 94.25 | 117.96 | Upgrade
|
| Current Portion of Long-Term Debt | - | - | - | - | 14.06 | 35.04 | Upgrade
|
| Current Portion of Leases | - | 13.9 | - | - | - | - | Upgrade
|
| Long-Term Debt | 296.28 | - | 49.98 | 49.89 | 49.79 | 82.47 | Upgrade
|
| Federal Home Loan Bank Debt, Long-Term | 416.24 | 0.51 | 0.54 | 0.64 | 0.67 | 0.7 | Upgrade
|
| Long-Term Leases | - | 42.63 | - | - | - | - | Upgrade
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| Trust Preferred Securities | 62.86 | 62.86 | 62.86 | 62.86 | 62.85 | 62.85 | Upgrade
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| Other Long-Term Liabilities | 310.94 | 213.89 | 259.69 | 268.42 | 266.29 | 209.43 | Upgrade
|
| Total Liabilities | 21,446 | 16,380 | 16,452 | 16,407 | 17,405 | 11,502 | Upgrade
|
| Common Stock | 0.5 | 0.42 | 0.43 | 0.46 | 0.47 | 0.33 | Upgrade
|
| Additional Paid-In Capital | 2,371 | 1,910 | 1,932 | 2,115 | 2,249 | 945.64 | Upgrade
|
| Retained Earnings | 1,223 | 1,173 | 1,077 | 934.44 | 766.72 | 716.02 | Upgrade
|
| Comprehensive Income & Other | -47.56 | -90.01 | -114.83 | -163.08 | 2.18 | 40.7 | Upgrade
|
| Shareholders' Equity | 3,547 | 2,993 | 2,895 | 2,887 | 3,018 | 1,703 | Upgrade
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| Total Liabilities & Equity | 24,993 | 19,374 | 19,347 | 19,294 | 20,423 | 13,204 | Upgrade
|
| Total Debt | 839.54 | 860.58 | 1,327 | 260.04 | 221.62 | 299.02 | Upgrade
|
| Net Cash (Debt) | 109.03 | -583.4 | -1,047 | 163.06 | 2,111 | 1,185 | Upgrade
|
| Net Cash Growth | - | - | - | -92.28% | 78.16% | - | Upgrade
|
| Net Cash Per Share | 2.45 | -13.72 | -23.69 | 3.52 | 60.51 | 35.60 | Upgrade
|
| Filing Date Shares Outstanding | 49.58 | 42.61 | 42.45 | 45.06 | 47.4 | 33.02 | Upgrade
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| Total Common Shares Outstanding | 49.79 | 42.5 | 42.87 | 45.64 | 47.35 | 32.97 | Upgrade
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| Book Value Per Share | 71.24 | 70.43 | 67.53 | 63.25 | 63.75 | 51.65 | Upgrade
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| Tangible Book Value | 2,322 | 1,996 | 1,892 | 1,877 | 2,001 | 1,173 | Upgrade
|
| Tangible Book Value Per Share | 46.63 | 46.96 | 44.13 | 41.12 | 42.25 | 35.59 | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.