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Interest and fees on loans$922,225K Interest income,securities, operating,...$79,268K Interest on federal fundssold and short-term...$19,766K Interest on loans held forsale$796K Non-taxable interest anddividends on securities$345K Total interest anddividend income$1,022,400K Net interest income$708,831K Investment banking,advisory, brokerage, and...$50,045K Deposit account fees$32,141K Other non-interestincome$26,020K Interchange and atm fees$20,989K Increase in cashsurrender value of life...$9,434K Fees and commissionmortgage banking$4,531K Derivative, gain (loss) onderivative, net$3,564K Gain realized on lifeinsurance policies$1,965K Total interestexpense$313,569K Net interest incomeafter provision for...$643,362K Total non-interestincome$148,689K Provision for loan andlease losses$65,469K Interest on deposits$274,396K Interest on borrowings$39,173K Income before incometaxes$262,170K Total non-interestexpenses$529,881K Net income$205,122K Income tax benefit$57,048K Salaries and employeebenefits$287,499K Other non-interestexpenses$65,240K Occupancy and equipmentexpenses$57,596K Merger and acquisitionexpense$39,635K Software maintenance$24,216K Cost, amortization$16,910K Fdic assessment$12,500K Data processing&facilities management$11,180K Debit card expense$8,492K Consulting expense$6,613K
Income Statement
source: myfinsight.com

INDEPENDENT BANK CORP (INDB)

INDEPENDENT BANK CORP (INDB)