INDEPENDENT BANK CORP
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
INDB$84.81-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table 4 - Nonperforming Assets
The following table sets forth information regarding nonperforming assets held by the Company at the dates indicated:
Table 4 - Nonperforming Assets
| September 302024 | December 312023 | September 302023 | |
|---|---|---|---|
| (Dollars in thousands) | |||
| Loans accounted for on a nonaccrual basis | |||
| Commercial and industrial | $12,027 | $20,188 | $2,953 |
| Commercial real estate | 77,951 | 22,952 | 23,867 |
| Small business | 501 | 398 | 372 |
| Residential real estate | 9,744 | 7,634 | 8,493 |
| Home equity | 3,992 | 3,171 | 3,411 |
| Other consumer | 33 | 40 | 72 |
| Total | $104,248 | $54,383 | $39,168 |
| Loans past due 90 days or more but still accruing | |||
| Other consumer | — | — | 3 |
| Total | $— | $— | $3 |
| Total nonperforming loans | $104,248 | $54,383 | $39,171 |
| Other real estate owned | 110 | 110 | 110 |
| Total nonperforming assets | $104,358 | $54,493 | $39,281 |
| Nonperforming loans as a percent of gross loans | 0.73% | 0.38% | 0.28% |
| Nonperforming assets as a percent of total assets | 0.54% | 0.28% | 0.20% |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.