Independent Bank Corp. Balance Sheet - Annual (NASDAQ:INDB)

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$54.2 $2 (3.56%) INDB stock closing price Oct 26, 2016 (Closing)

The financial analysis of a company like Independent Bank Corp. involves checking the three financial statements of the company in detail, of which the balance sheet is one. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Independent Bank Corp. stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Independent Bank Corp. revenue was $311.43M and Independent Bank Corp. operating cash flow was $89.54M for 2015. The balance sheet shows total liabilities of $6.44B and shareholders equity of $771.46M. View latest and last 10 year balance sheet data to check Independent Bank Corp. financial performance..

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Marketable Securities0.35M---8.24M7.59M6.17M2.7M--
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets---------1.75M
Independent Bank Corp. Total Current Assets
Property Plant & Equipment138.11M119.9M115.68M102.11M90.56M95.13M90.03M77.94M--
Accumulated Depreciation62.45M55.82M50.73M46.89M42.31M49.42M45.8M41.51M--
Independent Bank Corp. Net Property Plant & Equipment
Investment & Advances859.18M757.24M747.44M549.37M546.14M616.04M637.91M657.68M507.47M515.54M
Other Non-Current Assets2.15M7.74M7.63M12.15M6.92M7.33M----
Deferred Charges----------
Deposits & Other Assets286.11M254.77M206.29M247.25M215.82M178.47M159.25M130.5M75.83M78.94M
Independent Bank Corp. Total Assets
Notes Payable133.95M197.89M204.28M203.35M216.12M168.11M190.45M170.88M190.15M185.56M
Accounts Payable5.99B5.21B4.99B4.55B3.88B3.63B3.38B2.58B2.03B2.09B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses--------3.06M2.95M
Income Taxes Payable----------
Other Current Liabilities----------
Independent Bank Corp. Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt210.54M208.76M244.2M387.69M321.55M397.31M456.94M524.43M311.12M305.12M
Non-Current Capital Leases----------
Other Long-Term Liabilities103.37M107.26M72.78M89.93M86.66M66.04M46.68M48.79M16.99M15.14M
Independent Bank Corp. Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net0.26M0.23M0.23M0.22M0.21M0.21M0.2M0.16M0.13M0.14M
Capital Surplus405.48M311.97M305.17M269.95M233.87M226.7M225.08M137.48M60.63M60.18M
Retained Earnings368.16M330.44M293.56M263.67M239.45M210.32M184.59M177.49M164.56M175.14M
Treasury Stock----------
Other Liabilities-2.45M-2.13M-7.43M-4.52M-4.48M-0.76M2.75M-9.87M-4.86M-5.69M
Independent Bank Corp. Shareholders Equity
Independent Bank Corp. Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Independent Bank Corp. historical stock prices and the current Independent Bank Corp. stock price can tell you how the stock price has moved, whereas the Independent Bank Corp. PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: Anything that the Independent Bank Corp. company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Independent Bank Corp. had total assets of $7.21B.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Independent Bank Corp.'s, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for INDB stock stand at $6.44B.

Independent Bank Corp. Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover
PB ratio (
price to book ratio