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Independent Bank Corp INDB Total Interest Expense
Total Interest Expense at other companies
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Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseDeposits.
The source filing: Independent Bank Corp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:15 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000776901-26-000129
| Line item | Three Months Ended / June 30 / 2026 | Three Months Ended / June 30 / 2025 | Six Months Ended / June 30 / 2026 | Six Months Ended / June 30 / 2025 |
|---|---|---|---|---|
| Interest on federal funds sold and short-term investments | 2,633 | 4,393 | 6,290 | 5,831 |
| Total interest and dividend income | 289,292 | 218,192 | 579,557 | 430,112 |
| Interest expense | ||||
| Interest on deposits | 67,641 | 59,843 | 134,576 | 119,279 |
| Interest on borrowings | 10,724 | 10,853 | 21,595 | 17,832 |
| Total interest expense | 78,365 | 70,696 | 156,171 | 137,111 |
| Net interest income | 210,927 | 147,496 | 423,386 | 293,001 |
| Provision for credit losses | 6,250 | 7,200 | 11,750 | 22,200 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Independent Bank Corp's total interest expense?
- Independent Bank Corp (INDB) reported total interest expense of $67.64M in Q2 2026.
- How has Independent Bank Corp's total interest expense changed year-over-year?
- Independent Bank Corp's total interest expense increased by 13.0% year-over-year, from $59.84M to $67.64M.
- What is the long-term trend for Independent Bank Corp's total interest expense?
- Over 4 years (2021 to 2025), Independent Bank Corp's total interest expense has grown at a 139.6% compound annual growth rate (CAGR), from $8.33M to $274.4M.
- What does total interest expense mean?
- This is the aggregate cost incurred by the bank for interest paid on customer deposits, short-term borrowings, and long-term debt obligations. It is a critical measure of the bank's cost of funds and its sensitivity to interest rate fluctuations.
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