
Independent Bank Corp (Massachusetts)
NASDAQ:INDB

Income Statement
Income Statement
Independent Bank Corp (Massachusetts)
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Net Interest Income |
196
|
200
|
204
|
210
|
215
|
219
|
221
|
224
|
228
|
233
|
241
|
250
|
259
|
267
|
277
|
286
|
298
|
312
|
345
|
373
|
393
|
405
|
390
|
376
|
368
|
369
|
371
|
371
|
402
|
443
|
495
|
567
|
613
|
635
|
643
|
630
|
607
|
585
|
570
|
562
|
562
|
|
Interest Income |
217
|
220
|
225
|
230
|
236
|
239
|
241
|
243
|
247
|
251
|
258
|
268
|
277
|
287
|
298
|
309
|
324
|
342
|
384
|
421
|
447
|
463
|
441
|
419
|
402
|
394
|
391
|
386
|
415
|
456
|
508
|
585
|
643
|
689
|
740
|
773
|
796
|
817
|
830
|
844
|
853
|
|
Interest Expense |
20
|
20
|
20
|
21
|
21
|
20
|
20
|
19
|
19
|
18
|
18
|
18
|
18
|
19
|
21
|
23
|
26
|
29
|
39
|
48
|
54
|
58
|
51
|
43
|
34
|
25
|
20
|
16
|
14
|
13
|
13
|
17
|
30
|
54
|
97
|
143
|
189
|
232
|
260
|
281
|
291
|
|
Non Interest Income |
70
|
69
|
73
|
75
|
76
|
79
|
79
|
81
|
82
|
82
|
83
|
83
|
83
|
84
|
85
|
87
|
89
|
90
|
97
|
105
|
115
|
120
|
120
|
117
|
111
|
110
|
107
|
104
|
106
|
107
|
110
|
112
|
115
|
117
|
120
|
125
|
125
|
126
|
128
|
128
|
128
|
|
Revenue |
266
N/A
|
269
+1%
|
277
+3%
|
284
+3%
|
291
+2%
|
297
+2%
|
301
+1%
|
305
+1%
|
310
+2%
|
315
+2%
|
323
+2%
|
333
+3%
|
342
+3%
|
351
+3%
|
361
+3%
|
373
+3%
|
387
+4%
|
402
+4%
|
442
+10%
|
479
+8%
|
508
+6%
|
525
+3%
|
510
-3%
|
494
-3%
|
479
-3%
|
479
+0%
|
478
0%
|
475
-1%
|
508
+7%
|
550
+8%
|
605
+10%
|
679
+12%
|
728
+7%
|
752
+3%
|
762
+1%
|
755
-1%
|
731
-3%
|
711
-3%
|
698
-2%
|
690
-1%
|
690
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Loan Loss Provision |
(11)
|
(6)
|
(4)
|
(3)
|
(2)
|
(3)
|
(2)
|
(3)
|
(6)
|
(6)
|
(7)
|
(6)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(6)
|
(30)
|
(49)
|
(57)
|
(53)
|
(25)
|
0
|
18
|
(18)
|
(19)
|
(24)
|
(37)
|
(7)
|
(16)
|
(21)
|
(23)
|
(23)
|
(21)
|
(20)
|
(34)
|
(36)
|
|
Non Interest Expense |
(172)
|
(185)
|
(191)
|
(195)
|
(197)
|
(189)
|
(187)
|
(187)
|
(192)
|
(194)
|
(200)
|
(205)
|
(204)
|
(209)
|
(209)
|
(213)
|
(226)
|
(229)
|
(269)
|
(281)
|
(284)
|
(295)
|
(268)
|
(268)
|
(274)
|
(277)
|
(283)
|
(289)
|
(333)
|
(358)
|
(376)
|
(396)
|
(374)
|
(377)
|
(382)
|
(387)
|
(393)
|
(394)
|
(398)
|
(401)
|
(406)
|
|
Pre-Tax Income |
84
N/A
|
78
-6%
|
82
+5%
|
87
+5%
|
92
+6%
|
106
+15%
|
111
+5%
|
115
+3%
|
112
-2%
|
115
+2%
|
116
+1%
|
122
+5%
|
135
+10%
|
139
+3%
|
148
+7%
|
155
+4%
|
156
+1%
|
168
+8%
|
169
+0%
|
194
+15%
|
218
+12%
|
200
-8%
|
192
-4%
|
170
-12%
|
153
-10%
|
178
+16%
|
195
+10%
|
203
+4%
|
157
-23%
|
173
+11%
|
205
+19%
|
246
+20%
|
348
+41%
|
359
+3%
|
359
+0%
|
344
-4%
|
315
-8%
|
296
-6%
|
280
-6%
|
255
-9%
|
247
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(22)
|
(24)
|
(25)
|
(27)
|
(32)
|
(34)
|
(36)
|
(35)
|
(36)
|
(37)
|
(40)
|
(45)
|
(43)
|
(42)
|
(39)
|
(34)
|
(39)
|
(40)
|
(47)
|
(53)
|
(44)
|
(41)
|
(36)
|
(37)
|
(46)
|
(51)
|
(54)
|
(36)
|
(41)
|
(49)
|
(58)
|
(84)
|
(87)
|
(87)
|
(83)
|
(76)
|
(70)
|
(65)
|
(58)
|
(55)
|
|
Income from Continuing Operations |
60
|
56
|
59
|
62
|
65
|
74
|
77
|
79
|
77
|
79
|
79
|
82
|
89
|
96
|
107
|
116
|
122
|
129
|
129
|
148
|
165
|
157
|
151
|
134
|
116
|
131
|
144
|
149
|
121
|
132
|
157
|
189
|
264
|
272
|
273
|
262
|
240
|
226
|
215
|
197
|
192
|
|
Net Income (Common) |
60
N/A
|
56
-7%
|
59
+5%
|
62
+5%
|
65
+6%
|
74
+14%
|
77
+4%
|
79
+2%
|
77
-3%
|
79
+3%
|
79
+0%
|
82
+4%
|
87
+6%
|
94
+8%
|
105
+11%
|
114
+9%
|
122
+7%
|
129
+6%
|
129
0%
|
148
+15%
|
165
+12%
|
157
-5%
|
151
-4%
|
134
-11%
|
121
-10%
|
136
+12%
|
149
+9%
|
154
+3%
|
121
-21%
|
132
+9%
|
157
+18%
|
189
+20%
|
264
+40%
|
272
+3%
|
273
+0%
|
262
-4%
|
240
-8%
|
226
-6%
|
215
-5%
|
197
-8%
|
192
-2%
|
|
EPS (Diluted) |
2.49
N/A
|
2.15
-14%
|
2.24
+4%
|
2.34
+4%
|
2.5
+7%
|
2.83
+13%
|
2.93
+4%
|
3
+2%
|
2.9
-3%
|
2.9
N/A
|
2.89
0%
|
2.99
+3%
|
3.18
+6%
|
3.41
+7%
|
3.79
+11%
|
4.12
+9%
|
4.4
+7%
|
4.58
+4%
|
3.74
-18%
|
4.28
+14%
|
5.03
+18%
|
4.58
-9%
|
4.57
0%
|
4.06
-11%
|
3.63
-11%
|
4.12
+13%
|
4.49
+9%
|
4.64
+3%
|
3.47
-25%
|
2.79
-20%
|
3.35
+20%
|
4.1
+22%
|
5.69
+39%
|
6.04
+6%
|
6.18
+2%
|
5.93
-4%
|
5.42
-9%
|
5.3
-2%
|
5.05
-5%
|
4.63
-8%
|
4.52
-2%
|