Independent Bank Corp INDB Investments in low income housing projects
Investments in low income housing projects at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept indb:InvestmentinLowIncomeHousingProjects.
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 investments in low income housing projects?
- Independent Bank Corp (INDB) reported investments in low income housing projects of -$3.86M in Q1 2026.
- How has Independent Bank Corp's investments in low income housing projects changed year-over-year?
- Independent Bank Corp's investments in low income housing projects increased by 74.8% year-over-year, from -$15.33M to -$3.86M.
- What is the long-term trend for Independent Bank Corp's investments in low income housing projects?
- Over 4 years (2021 to 2025), Independent Bank Corp's investments in low income housing projects has grown at a 14.5% compound annual growth rate (CAGR), from -$22.5M to -$38.72M.
- What does investments in low income housing projects mean?
- Represents cash outflows for investments in low-income housing tax credit projects. These investments are typically made by financial institutions to earn tax credits and support community development initiatives.