Independent Bank Corp INDB Provision for Credit Losses
Provision for Credit Losses 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:FinancingReceivableAllowanceForCreditLossesWriteOffs.
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 provision for credit losses?
- Independent Bank Corp (INDB) reported provision for credit losses of $5.78M in Q1 2026.
- How has Independent Bank Corp's provision for credit losses changed year-over-year?
- Independent Bank Corp's provision for credit losses decreased by 86.0% year-over-year, from $41.4M to $5.78M.
- What is the long-term trend for Independent Bank Corp's provision for credit losses?
- Over 2 years (2021 to 2024), Independent Bank Corp's provision for credit losses has grown at a -24.6% compound annual growth rate (CAGR), from $18.21M to $10.35M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.