For the year ending 2025-12-31, INDB had $552,012K increase in cash & cash equivalents over the period. $239,025K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net cash provided by operating activities | 251,160 |
| Increase (decrease) in equity securities, fv-ni | 984 |
| Proceeds from sale of debt securities, available-for-sale | 74,303 |
| Proceeds from maturities, prepayments and calls of debt securities, available-for-sale | 254,799 |
| Payments to acquire debt securities, available-for-sale | 426,161 |
| Proceeds from maturities and principal repayments of securities held to maturity | 161,164 |
| Net decrease (increase) in federal home loan bank stock | -16,621 |
| Investments in low-income housing projects | -38,722 |
| Purchases of life insurance policies | 117 |
| Proceeds from life insurance policy | 3,951 |
| Payments for (proceeds from) loans and leases | 125,724 |
| Cash acquired in excess of payments to acquire business | 97,760 |
| Payments to acquire property, plant, and equipment | 12,135 |
| Proceeds from sale of property, plant, and equipment | 295 |
| Net cash provided by (used in) investing activities | 5,050 |
| Increase (decrease) in time deposits | -219,128 |
| Increase (decrease) in other deposits | 677,185 |
| Increase (decrease) in federal funds purchased and securities sold under agreements to repurchase, net | -284,373 |
| Proceeds from lines of credit | 49,937 |
| Proceeds from issuance of subordinated long-term debt | 295,843 |
| Repayments of subordinated debt | 60,000 |
| Cash received from stock option exercises | 0 |
| Issuance of restricted stock awards, net of issuance cost | 1,459 |
| Proceeds from shares issued under direct stock purchase plan | 2,549 |
| Payments for repurchase of common stock | 60,849 |
| Common dividends paid | 103,903 |
| Net cash provided by (used in) financing activities | 295,802 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect, total | 552,012 |
| Cash and cash equivalents at beginning of year | 219,890 |
| Cash and cash equivalents at end of period | 771,902 |
INDEPENDENT BANK CORP (INDB)
INDEPENDENT BANK CORP (INDB)