
Independent Bank Corp (Massachusetts)
NASDAQ:INDB

Balance Sheet
Balance Sheet Decomposition
Independent Bank Corp (Massachusetts)
Net Loans | 14.3B |
Investments | 3.3B |
PP&E | 190m |
Intangibles | 996m |
Other Assets | 1B |
Balance Sheet
Independent Bank Corp (Massachusetts)
Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Net Loans |
5 492
|
5 938
|
6 295
|
6 842
|
8 806
|
9 279
|
13 440
|
13 776
|
14 136
|
14 338
|
|
Investments |
1 082
|
1 090
|
1 104
|
1 258
|
1 310
|
2 409
|
4 843
|
3 367
|
3 080
|
2 839
|
|
PP&E Net |
76
|
78
|
95
|
98
|
180
|
166
|
256
|
255
|
247
|
248
|
|
PP&E Gross |
76
|
78
|
95
|
98
|
180
|
166
|
256
|
255
|
247
|
248
|
|
Accumulated Depreciation |
62
|
68
|
77
|
85
|
95
|
100
|
112
|
127
|
145
|
165
|
|
Intangible Assets |
12
|
10
|
9
|
15
|
29
|
23
|
33
|
25
|
18
|
12
|
|
Goodwill |
201
|
222
|
232
|
256
|
506
|
506
|
985
|
985
|
985
|
985
|
|
Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Assets |
489
|
525
|
507
|
549
|
990
|
1 208
|
1 753
|
1 747
|
1 795
|
1 859
|
|
Total Assets |
7 209
N/A
|
7 709
+7%
|
8 082
+5%
|
8 852
+10%
|
11 395
+29%
|
13 204
+16%
|
20 423
+55%
|
19 294
-6%
|
19 347
+0%
|
19 374
+0%
|
|
Liabilities | |||||||||||
Accrued Liabilities |
0
|
0
|
0
|
0
|
58
|
56
|
64
|
61
|
56
|
57
|
|
Short-Term Debt |
134
|
177
|
163
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Deposits |
5 991
|
6 412
|
6 729
|
7 427
|
9 147
|
10 993
|
16 917
|
15 879
|
14 866
|
15 306
|
|
Other Interest Bearing Liabilities |
102
|
51
|
53
|
148
|
116
|
36
|
26
|
1
|
1 106
|
639
|
|
Total Current Liabilities |
134
|
177
|
163
|
0
|
58
|
56
|
64
|
61
|
56
|
57
|
|
Long-Term Debt |
108
|
108
|
108
|
111
|
187
|
145
|
127
|
113
|
113
|
63
|
|
Other Liabilities |
103
|
97
|
85
|
92
|
178
|
271
|
272
|
354
|
312
|
317
|
|
Total Liabilities |
6 438
N/A
|
6 845
+6%
|
7 138
+4%
|
7 778
+9%
|
9 687
+25%
|
11 502
+19%
|
17 405
+51%
|
16 407
-6%
|
16 452
+0%
|
16 380
0%
|
|
Equity | |||||||||||
Common Stock |
4
|
5
|
5
|
5
|
5
|
3
|
4
|
4
|
4
|
4
|
|
Retained Earnings |
368
|
414
|
466
|
547
|
654
|
716
|
767
|
934
|
1 077
|
1 173
|
|
Additional Paid In Capital |
405
|
452
|
479
|
528
|
1 035
|
946
|
2 249
|
2 115
|
1 932
|
1 910
|
|
Unrealized Security Profit/Loss |
1
|
0
|
1
|
6
|
4
|
13
|
10
|
129
|
96
|
79
|
|
Other Equity |
8
|
6
|
6
|
0
|
9
|
24
|
9
|
38
|
22
|
14
|
|
Total Equity |
771
N/A
|
865
+12%
|
944
+9%
|
1 073
+14%
|
1 708
+59%
|
1 703
0%
|
3 018
+77%
|
2 887
-4%
|
2 895
+0%
|
2 993
+3%
|
|
Total Liabilities & Equity |
7 209
N/A
|
7 709
+7%
|
8 082
+5%
|
8 852
+10%
|
11 395
+29%
|
13 204
+16%
|
20 423
+55%
|
19 294
-6%
|
19 347
+0%
|
19 374
+0%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
26
|
27
|
27
|
28
|
34
|
33
|
47
|
46
|
43
|
43
|