Independent Bank Corp INDB Federal Funds Sold
Federal Funds Sold 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:InterestIncomeFederalFundsSold.
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 federal funds sold?
- Independent Bank Corp (INDB) reported federal funds sold of $3.66M in Q1 2026.
- How has Independent Bank Corp's federal funds sold changed year-over-year?
- Independent Bank Corp's federal funds sold increased by 154.3% year-over-year, from $1.44M to $3.66M.
- What is the long-term trend for Independent Bank Corp's federal funds sold?
- Over 4 years (2021 to 2025), Independent Bank Corp's federal funds sold has grown at a 67.8% compound annual growth rate (CAGR), from $2.49M to $19.77M.
- What does federal funds sold mean?
- This represents interest income earned from lending excess reserves held at the Federal Reserve or other financial institutions on an overnight basis. It serves as a measure of the bank's short-term liquidity management and the prevailing interest rate environment for interbank lending.