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Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.
The source filing: Independent Bank Corp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:15 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000776901-26-000129
| Line item | Six Months Ended / June 30 / 2026 | Six Months Ended / June 30 / 2025 |
|---|---|---|
| Purchases of life insurance policies | (8) | (55) |
| Proceeds from life insurance policies | 1,202 | — |
| Net decrease (increase) in loans | 117,749 | (73,645) |
| Purchases of bank premises and equipment | (12,037) | (6,250) |
| Proceeds from the sale of bank premises and equipment | 75 | — |
| Proceeds from the sale of other real estate owned and foreclosed assets | 2,049 | — |
| Net cash provided by (used in) investing activities | 97,281 | (34,593) |
| Cash flows (used in) provided by financing activities |
Item 1. Financial Statements (unaudited)
FAQ
- What is Independent Bank Corp's capex?
- Independent Bank Corp (INDB) reported capex of $6.43M in Q2 2026.
- How has Independent Bank Corp's capex changed year-over-year?
- Independent Bank Corp's capex increased by 52.5% year-over-year, from $4.22M to $6.43M.
- What is the long-term trend for Independent Bank Corp's capex?
- Over 4 years (2021 to 2025), Independent Bank Corp's capex has grown at a -16.7% compound annual growth rate (CAGR), from $25.2M to $12.14M.
- What does capex mean?
- Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.
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