{"schema_version":"secwatch.filing_event.v1","accession":"0000776901-23-000180","form_type":"8-K","ticker":"INDB","cik":"0000776901","company_name":"INDEPENDENT BANK CORP","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.636415+00:00","generated_at":"2026-06-13T05:57:19.101935+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Independent Bank Corp Q2 net income $62.6M, EPS $1.42; NIM compresses 25 bps to 3.54%","bullets":["Net income $62.6M, diluted EPS $1.42; ROAA 1.29%, ROAE 8.78%.","Net interest margin declined 25 bps to 3.54%; core NIM 3.52% (down 26 bps QoQ).","Total loans $14.1B (+1.4% QoQ); deposits $15.2B (-0.2% QoQ); deposit cost rose to 0.85%.","Net charge-offs $23.5M (primarily fully-reserved C&I loan); provision $5.0M; NPLs 0.32% of loans.","Tangible book value per share $41.88, up $0.57 QoQ; strong capital ratios."],"urls":{"canonical":"https://secwatch.observer/filing/0000776901-23-000180","json":"https://secwatch.observer/filing/0000776901-23-000180.json","markdown":"https://secwatch.observer/filing/0000776901-23-000180.md","text":"https://secwatch.observer/filing/0000776901-23-000180.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/776901/000077690123000180/0000776901-23-000180-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/776901/000077690123000180/indb-20230720.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:57:19.101935+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d0c9b0185ac334553054993a96c820cfe710e66a","claim":"INDEPENDENT BANK CORP reported Q2 2023 results: net income $62.6 million, EPS $1.42 per diluted share.","evidence_excerpt":"Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2023 second quarter net income of $62.6 million, or $1.42 per d iluted share, compared to 2023 first quarter net income of $61.2 million, or $1.36 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/776901/000077690123000180/0000776901-23-000180-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q2 2023"},{"label":"Net income","value":"$62.6 million"},{"label":"EPS","value":"$1.42 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}