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Independent Bank Corp INDB Real Estate Owned, Transfer to Real Estate Owned

Real Estate Owned, Transfer to Real Estate Owned at other companies

International Bancshares logo
International BancsharesIBOC
$76K-95.1%
First Merchants Corporation logo
First Merchants CorporationFRME
$715K+191%
Customers Bancorp logo
Customers BancorpCUBI
$338K
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$0-100%
Independent Bank Corporation logo
Independent Bank CorporationIBCP
$194K-28.9%
CB Financial Services logo
CB Financial ServicesCBFV
$39.5K

Other financials

Income statement

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Revenue$253.3M+39.3%
Net income$81.8M+60.1%
EPS (diluted)$1.70+41.7%

Balance sheet

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Cash & equivalents$1.0B+11.1%
Total debt$701.5M-7.6%
Total equity$3.5B+14.2%
Total assets$25.0B+24.6%

Cash flow

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Operating cash flow$73.4M-31.2%
CapEx$6.4M+52.5%
Free cash flow$67.0M-34.7%

Valuation

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Market cap$3.97B+23.5%
Enterprise value$3.67B+19.4%
P/E14.6×-2.4×
P/S-0.6×

Profitability

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Net margin27%+0.6pp
FCF margin30.3%+0.1pp

Returns & leverage

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Return on equity8.2%+1.9pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:TransferToOtherRealEstate.

The source filing: Independent Bank Corp’s 10-Q, filed November 5, 2025.

Filed
Nov 5, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0000776901-25-000308
Cash and cash equivalents at beginning of year219,890224,330
Cash and cash equivalents at end of period$$910,796$$424,452
Supplemental schedule of non-cash investing and financing activities
Transfer of loans to other real estate owned & foreclosed assets$$2,100$
Net increase in capital commitments relating to low income housing project investments$$30,603$$29,282
Recognition of operating lease at commencement and/or at extension$$18,831$$5,620
In conjunction with the Company’s acquisitions, assets were acquired and liabilities were assumed as follows:
Common stock issued for acquisition$$477,266$

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's real estate owned, transfer to real estate owned?
Independent Bank Corp (INDB) reported real estate owned, transfer to real estate owned of $0 in Q3 2024.
What does real estate owned, transfer to real estate owned mean?
Transfer To Other Real Estate

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