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Independent Bank Corp INDB Compensation and benefits
Compensation and benefits at other companies
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Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 | Three Months Ended / June 30 / 2026 | Three Months Ended / June 30 / 2025 | Six Months Ended / June 30 / 2026 | Six Months Ended / June 30 / 2025 |
|---|---|---|---|---|
| Other non-interest income | 6,552 | 5,964 | 13,143 | 11,760 |
| Total non-interest income | 42,391 | 34,308 | 82,652 | 66,847 |
| Non-interest expenses | ||||
| Salaries and employee benefits | 79,088 | 62,856 | 159,825 | 124,787 |
| Occupancy and equipment expenses | 16,170 | 13,158 | 33,476 | 27,017 |
| Data processing and facilities management | 3,208 | 2,783 | 6,467 | 5,425 |
| Software and subscriptions | 7,070 | 5,166 | 14,138 | 10,193 |
| FDIC assessment | 3,158 | 2,373 | 6,486 | 5,361 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Independent Bank Corp's compensation and benefits?
- Independent Bank Corp (INDB) reported compensation and benefits of $79.09M in Q2 2026.
- How has Independent Bank Corp's compensation and benefits changed year-over-year?
- Independent Bank Corp's compensation and benefits increased by 25.8% year-over-year, from $62.86M to $79.09M.
- What is the long-term trend for Independent Bank Corp's compensation and benefits?
- Over 4 years (2021 to 2025), Independent Bank Corp's compensation and benefits has grown at a 13.6% compound annual growth rate (CAGR), from $172.59M to $287.5M.
- What does compensation and benefits mean?
- Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.
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