Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
81.19
+0.58 (0.72%)
Jun 10, 2026, 3:29 PM EDT - Market open
Independent Bank Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 728.98 | 771.9 | 219.89 | 224.33 | 352.93 | 2,241 |
Securities and Investments | 3,366 | 3,305 | 2,707 | 2,926 | 3,125 | 2,661 |
Trading Assets | 5.53 | 4.72 | 4.25 | 4.99 | 3.89 | 3.72 |
Other Earning Assets | 16.76 | 35.91 | 7.27 | 6.37 | 2.8 | 24.68 |
Gross Loans | 18,426 | 18,504 | 14,508 | 14,278 | 13,929 | 13,587 |
Allowance for Loan Losses | -190.56 | -189.88 | -169.98 | -142.22 | -152.42 | -146.92 |
Net Loans | 18,235 | 18,314 | 14,338 | 14,136 | 13,776 | 13,440 |
Net Property, Plant & Equipment | 217.7 | 218.19 | 193.32 | 193.05 | 196.3 | 195.59 |
Other Intangible Assets | 126.69 | 133.58 | 12.28 | 18.19 | 25.07 | 32.77 |
Goodwill | 1,091 | 1,091 | 985.07 | 985.07 | 985.07 | 985.07 |
Other Non-Earning Assets | 995.96 | 1,039 | 905.99 | 853.66 | 826.26 | 839.39 |
Total Assets | 24,784 | 24,913 | 19,374 | 19,347 | 19,294 | 20,423 |
Interest-bearing deposits | 14,464 | 14,526 | 10,915 | 10,299 | 10,437 | 11,438 |
Noninterest-bearing deposits | 5,633 | 5,601 | 4,391 | 4,567 | 5,442 | 5,480 |
Total Deposits | 20,098 | 20,127 | 15,306 | 14,866 | 15,879 | 16,917 |
Short-Term Interbank Borrowing and Repurchase Agreements | 316.73 | 416.55 | 638.51 | 1,106 | 0.64 | 25.67 |
Short-Term Borrowings | 99.97 | 49.95 | - | - | - | - |
Long-Term Debt | 359.55 | 359.35 | 62.86 | 112.84 | 112.74 | 112.64 |
Other Liabilities | 371.4 | 397.98 | 376.48 | 371.49 | 418.32 | 338.68 |
Total Liabilities | 21,242 | 21,347 | 16,380 | 16,452 | 16,408 | 17,405 |
Common Stock | 0.48 | 0.49 | 0.42 | 0.43 | 0.46 | 0.47 |
Treasury Stock | -3.62 | -3.45 | -3.38 | -3.3 | -3.23 | -3.15 |
Additional Paid-in Capital | 2,273 | 2,336 | 1,910 | 1,932 | 2,115 | 2,249 |
Accumulated Other Comprehensive Income | -49.3 | -39.75 | -90.01 | -114.83 | -163.08 | 2.18 |
Retained Earnings | 1,318 | 1,269 | 1,173 | - | - | - |
Shareholders' Equity | 3,542 | 3,566 | 2,993 | 2,895 | 2,887 | 3,018 |
Total Liabilities & Equity | 24,784 | 24,913 | 19,374 | 19,347 | 19,294 | 20,423 |
Total Debt | 359.55 | 359.35 | 62.86 | 112.84 | 112.74 | 112.64 |
Net Cash (Debt) | -359.55 | -359.35 | -62.86 | -112.84 | -112.74 | -112.64 |
Net Cash Per Share | -7.53 | -7.78 | -1.48 | -2.55 | -2.43 | -3.23 |
Book Value | 3,542 | 3,566 | 2,993 | 2,895 | 2,887 | 3,018 |
Book Value Per Share | 74.15 | 77.20 | 70.41 | 65.51 | 62.23 | 86.52 |
Tangible Book Value | 2,325 | 2,342 | 1,996 | 1,892 | 1,877 | 2,001 |
Tangible Book Value Per Share | 48.67 | 50.69 | 46.95 | 42.81 | 40.45 | 57.34 |