Flagship explainer
How Independent Bank Corp. earns its spread
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $709M | 100% |
| |
| Income before tax | $262M | 37% |
|
| Income tax | $57M | 8% |
|
| $205M | 29% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0000776901-26-000058