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Created: 04/13/2012 04:17:31 AM - Followers: 0 - Board type: Free - Posts Today: 0
Independent Bank Corp. is a bank holding company. The Company owns 100% interest in Rockland Trust Company (the Bank). The Bank is a community-oriented commercial bank. The Bank derives its revenues from a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and wealth management. The Company is the sponsor of Independent Capital Trust V (Trust V), Slade’s Ferry Statutory Trust I (Slade’s Ferry Trust I) and Benjamin Franklin Capital Trust I (Ben Franklin Trust I). The Bank’s loan portfolio amounted to $3.6 billion during the year ended December 31, 2010. The Bank classifies loans as commercial, consumer real estate, or other consumer. At December 31, 2010, there were $35.9 million in floor plan loans, all of which have variable rates of interest. At December 31, 2010, $183.4 million of the home equity portfolio were term loans and $395.9 million of the home equity portfolio was consisted of revolving lines of credit.
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#4 Q2 2013 Earnings Call ECole 07/12/2013 10:34:15 AM
#3 INDEPENDENT BANK CORP. : Announces Quarterly Dividend Penny Roger$ 06/29/2012 11:27:11 PM
#2 ~ Thursday! $INDB ~ Q1 Earnings posted, pending Penny Roger$ 04/13/2012 04:17:53 AM
#1 Independent Bank Corp. is a bank holding company. Penny Roger$ 04/13/2012 04:17:42 AM
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