Independent Bank Corp.

INDB ·Financial, Banks - Regional, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008 FY2007 FY2006
Revenue $188.9M $201.9M $186.8M $175.6M
Net Interest Income $161.4M $147.3M $139.8M
Wealth Management Fees $12.0M $12.3M $11.1M
Service Charges on Deposits $12.8M $12.5M $11.3M
Other Non-Interest Income $15.7M $14.7M $13.4M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $81.7M
Operating Margin 43.3%
Interest Expense $52.0M
Pretax Income $29.7M
Income Tax Expense $6.7M
Net Income $23.0M
Net Margin 12.2%
EPS (Basic) $0.88
EPS (Diluted) $0.88
Shares Outstanding (Basic) 19.6M
Shares Outstanding (Diluted) 19.7M
Dividends Per Share $0.72
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