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

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$56.2 $0.38 (0.67%) INDB stock closing price Oct 25, 2016 (Closing)

The fundamental analysis of this company requires a thorough look at Independent Bank Corp. balance sheet. As in our Independent Bank Corp. stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The balance sheet shows total liabilities of $6.68B and shareholders equity of $818.24M. View Independent Bank Corp. quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Marketable Securities0.81M0.79M0.76M0.35M0.45M0.48M0.49M---
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Independent Bank Corp. Total Current Assets
Property Plant & Equipment---138.11M---119.9M--
Accumulated Depreciation---62.45M---55.82M--
Independent Bank Corp. Net Property Plant & Equipment
Investment & Advances829.08M839.78M847.67M859.18M851.41M840.82M819.26M757.24M767.1M751.31M
Other Non-Current Assets-1.84M1.72M2.15M2.53M5.12M6.28M7.74M9.63M9.67M
Deferred Charges----------
Deposits & Other Assets325.8M327.14M313.08M286.11M289.01M274.71M292.28M254.77M231.87M223.74M
Independent Bank Corp. Total Assets
Notes Payable140.91M133.95M197.89M204.28M203.35M216.12M168.11M190.45M170.88M190.15M
Accounts Payable6.27B6.2B6B5.99B5.91B5.97B5.67B5.21B5.3B5.3B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Independent Bank Corp. Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt158.61M158.65M158.69M210.54M322.97M216.76M216.87M208.76M163.86M163.97M
Non-Current Capital Leases----------
Other Long-Term Liabilities114.79M118.7M112.6M103.37M-95.86M112.47M107.26M87.75M87.93M
Independent Bank Corp. Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net0.26M0.26M0.26M0.26M0.26M0.25M0.25M0.23M0.23M0.23M
Capital Surplus409.73M408.15M406.92M405.48M404.08M401.43M399.93M311.97M308.72M307.72M
Retained Earnings404.75M391.89M379.15M368.16M355.53M343.75M333.1M330.44M320.22M310.22M
Treasury Stock----------
Other Liabilities3.5M3.58M1.81M-2.45M-0.68M-2.13M-0.41M-2.13M-2M-1.69M
Independent Bank Corp. Shareholders Equity
Independent Bank Corp. Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Most investors just check the Independent Bank Corp. stock price, and Independent Bank Corp. historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Independent Bank Corp. PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • 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 $7.5B.
  • Liabilities: The total liabilities of Independent Bank Corp. for 2016-Q3 total to $6.68B. Liabilities for a company like Independent Bank Corp. include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Independent Bank Corp. Balance Sheet - Key Ratios

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