INDEPENDENT BANK CORP (INDB)
2025-06-30 | |
---|---|
Other noninterest income | 5,964 |
Investment banking, advisory, brokerage, and underwriting fees and commissions | 11,380 |
Loan level derivative income | 66 |
Bank owned life insurance income | 2,038 |
Deposit account fees | 7,141 |
Interchange and atm fees | 4,997 |
Gain realized on life insurance policies | 1,650 |
Mortgage banking income | 1,072 |
Total noninterest income | 34,308 |
Professional fees | 1,018 |
Other noninterest expenses | 14,227 |
Occupancy and equipment expenses | 13,158 |
Salaries and employee benefits | 62,856 |
Data processing& facilities management | 2,783 |
Fdic assessment | 2,373 |
Business combination, acquisition-related cost, expense | 2,239 |
Amortization of intangible assets | 1,197 |
Advertising expense | 1,797 |
Software maintenance | 5,166 |
Debit card expense | 1,984 |
Total noninterest expenses | 108,798 |
Provision for loan and lease losses | 7,200 |
Interest on deposits | 59,843 |
Interest on borrowings | 10,853 |
Interest expense, operating, total | 70,696 |
Interest income, securities, operating, taxable | 15,879 |
Interest on federal funds sold and short-term investments | 4,393 |
Interest and fees on loans | 197,778 |
Interest on loans held for sale | 140 |
Nontaxable interest and dividends on securities | 2 |
Total interest and dividend income | 218,192 |
Net interest income | 147,496 |
Net interest income after provision for credit losses | 140,296 |
Income before income taxes | 65,806 |
Current federal, state and local, tax expense (benefit) | 14,705 |
Net income | 51,101 |