Independent Bank Corp INDB Interest-bearing deposits in banks and other financial institutions
Interest-bearing deposits in banks and other financial institutions at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDepositsInBanks.
The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corp's interest-bearing deposits in banks and other financial institutions?
- Independent Bank Corp (INDB) reported interest-bearing deposits in banks and other financial institutions of $505.69M in Q1 2026.
- How has Independent Bank Corp's interest-bearing deposits in banks and other financial institutions changed year-over-year?
- Independent Bank Corp's interest-bearing deposits in banks and other financial institutions increased by 0.7% year-over-year, from $502.23M to $505.69M.
- What is the long-term trend for Independent Bank Corp's interest-bearing deposits in banks and other financial institutions?
- Over 5 years (2020 to 2025), Independent Bank Corp's interest-bearing deposits in banks and other financial institutions has grown at a -13.6% compound annual growth rate (CAGR), from $1.13B to $542.13M.
- What does interest-bearing deposits in banks and other financial institutions mean?
- These are cash balances held by the company in other financial institutions that generate interest income. This asset class reflects the company's strategy for managing excess cash while maintaining high liquidity. It is a common component of treasury management for large financial services firms.