{"schema_version":"secwatch.filing_event.v1","accession":"0000776901-25-000295","form_type":"8-K/A","ticker":"INDB","cik":"0000776901","company_name":"INDEPENDENT BANK CORP","filed_at":"2025-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.354314+00:00","generated_at":"2026-05-17T07:10:42.465663+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Independent Bank Corp completes acquisition of Enterprise Bancorp; pro forma assets $25.05B","bullets":["Total consideration ~$503M: 0.60 INDB shares + $2 cash per Enterprise share; closed July 1, 2025.","Pro forma 6mo Jun'25 net income $98.7M ($1.97 diluted EPS); FY24 net income $219.2M ($4.38 diluted EPS).","Goodwill of $101.2M and $123.1M core deposit intangibles recorded in preliminary purchase allocation.","Pro forma deposits $20.26B, loans $18.46B, allowance $194M as of June 30, 2025.","Merger costs estimated at $47.3M post-tax; includes $34M change-in-control and severance."],"urls":{"canonical":"https://secwatch.observer/filing/0000776901-25-000295","json":"https://secwatch.observer/filing/0000776901-25-000295.json","markdown":"https://secwatch.observer/filing/0000776901-25-000295.md","text":"https://secwatch.observer/filing/0000776901-25-000295.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/776901/000077690125000295/0000776901-25-000295-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/776901/000077690125000295/indb-20250701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:10:42.465663+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":"5b7c761622e7dc2e4faece3e6db8b194253727bc","claim":"INDEPENDENT BANK CORP completed an acquisition involving Enterprise Bancorp, Inc. for approximately 7,478,906 shares of Independent common stock and an aggregate of $25.9 million in cash (closed 2025-07-01).","evidence_excerpt":"common stock and $2.00 in cash, with cash also to be paid in lieu of fractional shares. Total merger consideration payable to equity-holders consisted of approximately 7,478,906 shares of Independent common stock and an aggregate of $25.9 million in cash, which included approximately $902,000 in cash paid for stock option cancellations and $44,000 cash in","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/776901/000077690125000295/0000776901-25-000295-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Enterprise Bancorp, Inc."},{"label":"Consideration","value":"approximately 7,478,906 shares of Independent common stock and an aggregate of $25.9 million in cash"},{"label":"Closing","value":"2025-07-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}