---
schema_version: "secwatch.filing_event.v1"
accession: "0000776901-25-000004"
form_type: "8-K"
ticker: "INDB"
cik: "0000776901"
company_name: "INDEPENDENT BANK CORP"
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-28T00:38:50.490412+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Independent Bank Corp Q4 net income $50.0M; NIM expands, provision falls

## Summary
- Net income $50.0M ($1.18 diluted EPS), up from $42.9M ($1.01) in Q3.
- Operating net income $51.4M ($1.21 diluted), excluding $1.9M merger costs for pending Enterprise acquisition.
- Net interest margin expanded 4 bps to 3.33%; core margin up 2 bps to 3.31%.
- Provision for credit losses fell to $7.5M from $19.5M; nonperforming loans decreased to $101.5M.
- Tangible book value per share rose $0.39 to $46.96; total loans grew 1.0% (4.1% annualized).

## SEC filing metadata
- accession: 0000776901-25-000004
- form_type: 8-K
- ticker: INDB
- cik: 0000776901
- company_name: INDEPENDENT BANK CORP
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/776901/000077690125000004/0000776901-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/776901/000077690125000004/indb-20250116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000776901-25-000004
- JSON: https://secwatch.observer/filing/0000776901-25-000004.json
- Plain text: https://secwatch.observer/filing/0000776901-25-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.