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