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Interest and fees on loans$260,249K (31.59%↑ Y/Y)Interest income,securities, operating,...$26,098K (64.36%↑ Y/Y)Interest on federal fundssold and short-term...$2,633K (-40.06%↓ Y/Y)Interest on loans held forsale$210K (50.00%↑ Y/Y)Non-taxable interest anddividends on securities$102K (5000.00%↑ Y/Y)Total interest anddividend income$289,292K (32.59%↑ Y/Y)Net interest income$210,927K (43.01%↑ Y/Y)Investment banking,advisory, brokerage, and...$14,961K (31.47%↑ Y/Y)Deposit account fees$9,393K (31.54%↑ Y/Y)Other non-interestincome$6,552K (9.86%↑ Y/Y)Interchange and atm fees$5,686K (13.79%↑ Y/Y)Bank owned lifeinsurance income$2,636K (29.34%↑ Y/Y)Loan levelderivative income$1,317K (1895.45%↑ Y/Y)Mortgage banking income$1,174K (9.51%↑ Y/Y)Loss realized on lifeinsurance policies$672K (-59.27%↓ Y/Y)Interest expense,operating, total$78,365K (10.85%↑ Y/Y)Net interest incomeafter provision for...$204,677K (45.89%↑ Y/Y)Total non-interestincome$42,391K (23.56%↑ Y/Y)Provision for loan andlease gaines$6,250K (-13.19%↓ Y/Y)Interest on deposits$67,641K (13.03%↑ Y/Y)Interest on borrowings$10,724K (-1.19%↓ Y/Y)Income before incometaxes$106,796K (62.29%↑ Y/Y)Total non-interestexpenses$140,272K (28.93%↑ Y/Y)Net income$81,838K (60.15%↑ Y/Y)Current federal, stateand local, tax...$24,958K (69.72%↑ Y/Y)Salaries and employeebenefits$79,088K (25.82%↑ Y/Y)Other non-interestexpenses$19,051K (33.91%↑ Y/Y)Occupancy and equipmentexpenses$16,170K (22.89%↑ Y/Y)Software maintenance$7,070K (36.86%↑ Y/Y)Intangible asset,finite-lived, amortization...$6,791K (467.34%↑ Y/Y)Consulting expense$3,274K Data processing&facilities management$3,208K (15.27%↑ Y/Y)Fdic assessment$3,158K (33.08%↑ Y/Y)Debit card expense$2,462K (24.09%↑ Y/Y)
Income Statement

INDEPENDENT BANK CORP (INDB)

INDEPENDENT BANK CORP (INDB)

source: myfinsight.com