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INDB Income Statement

Click line-items for a historical chart and %
INTEREST INCOME
Interest on Loans 48.03M
Interest on Loans Held for Sale 113K
Taxable Interest and Dividends on Securities 4.34M
Non-taxable Interest and Dividends on Securities 23K
Interest on Federal Funds Sold 66K
TOTAL INTEREST AND DIVIDEND INCOME 52.57M
INTEREST EXPENSE
Interest on Deposits 2.77M
Interest on Borrowings 2.9M
TOTAL INTEREST EXPENSE 5.67M
NET INTEREST INCOME 46.91M
PROVISION FOR LOAN LOSSES 3.15M
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 43.76M
NON-INTEREST INCOME
Service Charges on Deposit Accounts 4.78M
Interchange and ATM Fees 2.95M
Investment Management 4.42M
Mortgage Banking Income, Net
Bank Owned Life Insurance Income 904K
Net Gain on Sales of Securities Available for Sale
Gross Change on Write-Down of Certain Investments to Fair Value
Less: Non-Credit Related Other-Than-Temporary Impairment
Net Loss on Write-Down of Certain Investments to Fair Value
Other Non-Interest Income 2.26M
TOTAL NON-INTEREST INCOME 17.46M
NON-INTEREST EXPENSE
Salaries and Employee Benefits 22.93M
Occupancy and Equipment Expenses 4.91M
Advertising Expense 870K
Data Processing and Facilities Management 1.18M
FDIC Assessment 926K
Legal
Foreclosure Expenses
Telephone
Gain(Loss) on Other Real Estate Owned and Foreclosed Assets
Fair Value Mark on a Terminated Hedging Relationship
Other Non-Interest Expense 13.21M
TOTAL NON-INTEREST EXPENSE 47.84M
INCOME BEFORE INCOME TAXES 13.38M
PROVISION FOR INCOME TAXES 2.79M
NET INCOME 10.59M
BASIC EARNINGS PER SHARE 0.44
DILUTED EARNINGS PER SHARE 0.44
WEIGHTED AVERAGE COMMON SHARES (BASIC) -45.65M
Common Share Equivalents -122.23K
WEIGHTED AVERAGE COMMON SHARES (DILUTED) -45.77M