INDEPENDENT BANK CORP
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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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, 2025 · Filed Nov 5, 2025
INDB$85.28+1.4%Stored close · as of Nov 9, 2026
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Table 5 - Non-performing Assets
The following table sets forth information regarding non-performing assets held by the Company at the dates indicated:
Table 5 - Non-Performing Assets
| September 302025 | December 312024 | September 302024 | |
|---|---|---|---|
| (Dollars in thousands) | |||
| Loans accounted for on a non-accrual basis | |||
| Commercial and industrial | $23,173 | $14,454 | $12,772 |
| Commercial real estate | 29,216 | 74,343 | 77,707 |
| Commercial construction | 15,516 | — | — |
| Residential real estate | 14,406 | 10,243 | 9,744 |
| Home equity | 4,244 | 2,479 | 3,992 |
| Other consumer | 42 | 10 | 33 |
| Total non-performing loans | $86,597 | $101,529 | $104,248 |
| Other real estate owned | 2,100 | — | 110 |
| Total non-performing assets | $88,697 | $101,529 | $104,358 |
| Non-performing loans as a percent of gross loans | 0.47% | 0.70% | 0.73% |
| Non-performing assets as a percent of total assets | 0.35% | 0.52% | 0.54% |
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