Independent Bank Corp balance sheet
At the end of fiscal 2025, Independent Bank Corp had total assets of $5.51bn, total liabilities of $5.00bn and shareholders' equity of $503m. It held $138m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 289 | 385 | 341 | 180 | 119 | 74 | 86 | 83 | 55 | 70 | 65 | 119 | 109 | 74 | 170 | 120 | 138 | 165 |
| Goodwill | — | — | — | — | — | — | — | — | 0 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Total assets | — | 2,535 | 2,307 | 2,024 | 2,210 | 2,249 | 2,409 | 2,549 | 2,789 | 3,353 | 3,565 | 4,204 | 4,705 | 5,000 | 5,264 | 5,338 | 5,506 | 5,664 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | — | 2,416 | 2,205 | 1,889 | 1,978 | 1,998 | 2,158 | 2,300 | 2,524 | 3,014 | 3,215 | 3,814 | 4,306 | 4,652 | 4,859 | 4,883 | 5,003 | 5,135 |
| Shareholders' equity | 110 | 119 | 103 | 135 | 232 | 250 | 252 | 249 | 265 | 339 | 350 | 390 | 398 | 348 | 404 | 455 | 503 | 528 |
| Shares outstanding | — | — | 8m | 9m | — | 23m | 22m | 21m | 21m | 24m | 22m | 22m | 21m | 21m | 21m | 21m | 21m | 21m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Total assets | 5,259 | 5,338 | 5,328 | 5,419 | 5,493 | 5,506 | 5,558 | 5,664 |
| Total liabilities | 4,807 | 4,883 | 4,861 | 4,949 | 5,002 | 5,003 | 5,047 | 5,135 |
| Shareholders' equity | 452 | 455 | 467 | 469 | 491 | 503 | 511 | 528 |
| Shares outstanding | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m |
Compare with peers
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