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Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 4,168,944 3,564,694 3,353,281 2,789,355 2,548,950
Total Net Loans 2,919,455 2,768,675 2,643,856 2,035,666 1,623,960
Total Deposits 3,597,745 3,036,727 2,913,428 2,400,534 2,225,719
Equity Attributable to Parent Company 373,092 350,169 338,994 264,933 248,980
Total Equity 373,092 350,169 338,994 264,933 248,980
Profitability (%)
Net Income($000) 39,166 46,435 39,839 20,475 22,766
Net Income Attributable to Parent($000) 39,166 46,435 39,839 20,475 22,766
ROAA 1.36 1.35 1.27 0.77 0.92
Core ROAA 1.41 1.37 1.38 1.01 0.99
ROAE 14.84 13.63 12.38 7.82 9.21
ROATCE 16.65 15.43 13.58 7.96 9.38
Core ROAE 15.43 13.81 13.45 10.20 9.92
Net Interest Margin 3.42 3.80 3.88 3.65 3.52
Reported: Net Interest Margin 3.42 3.80 3.88 3.65 3.52
Efficiency Ratio 57.70 64.97 65.41 69.41 71.20
Noninterest Inc/ Operating Rev 38.56 27.90 28.31 32.18 34.53
Balance Sheet Ratios (%)
Loans/ Deposits 79.37 89.74 88.64 84.10 72.26
Securities/ Assets 24.07 15.09 13.36 19.36 24.62
Total Equity/ Total Assets 8.95 9.82 10.11 9.50 9.77
Tangible Equity/ Tangible Assets 8.23 8.96 9.17 9.45 9.70
Tang Common Equity/ Tang Assets 8.23 8.96 9.17 9.45 9.70
Asset Quality (%)
NPAs/ Assets 1.37 1.65 1.88 2.50 3.48
NPA Excl Restructured/ Assets 0.27 0.32 0.29 0.34 0.72
NPAs & 90+ PD/ Assets 1.38 1.65 1.88 2.50 3.48
NPAs/ Loans & REO 1.93 2.11 2.36 3.38 5.38
Nonaccrual & 90+ & OREO/ Assets 0.28 0.32 0.29 0.34 0.72
NPAs & 90+ PD/ Loans & REO 1.94 2.11 2.36 3.38 5.38
NPA & Loans 90+/ Tangible Common Equity + LLR 15.25 17.21 19.13 24.37 33.17
NCOs/ Avg Loans 0.15 (0.02) (0.03) (0.06) 0.06
Loan Loss Reserves/ Gross Loans 1.21 0.94 0.93 1.10 1.23
Reserves/ NPAs 62.66 44.34 39.53 32.41 22.82
Loan Loss Provision/ NCO 395.09 NM NM NM (127.46)
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 314,532 307,255 255,934 238,996
Tier 1 Capital($000) NA 352,764 345,419 288,451 265,405
Tier 2 Capital($000) NA 27,690 26,184 23,712 20,884
Total Capital($000) NA 380,454 371,603 312,163 286,289
Total Risk-weighted Assets($000) NA 2,769,519 2,607,151 2,059,771 1,805,157
Tier 1 Common Capital (CET1) Ratio(%) 11.60 11.36 11.79 12.43 13.24
Tier 1 Ratio(%) 13 12.74 13.25 14 14.70
Total Capital Ratio(%) 15.60 13.74 14.25 15.16 15.86
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9 10.11 10.47 10.57 10.50
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 21,885,368 22,481,643 23,579,725 21,333,869 21,258,092
Avg Diluted Shares(actual) 22,253,409 23,183,000 23,768,795 21,650,199 21,726,836
Basic Book Value per Share 17.05 15.58 14.38 12.42 11.71
Book Value per Share, As Reported 17.05 15.58 14.38 12.42 11.71
Basic Tangible Book Value per Share 15.55 14.08 12.90 12.34 11.62
Tangible Book Value per Share, As Reported 15.55 14.08 12.90 12.34 11.62
Common Dividends Declared per Share 0.60 0.72 0.60 0.42 0.34
EPS after Extra 1.76 2 1.68 0.95 1.05
EPS after Extra Growth(%) 25.70 19 76.80 (9.50) 22.10
Core EPS 1.83 2.03 1.83 1.24 1.13
Core EPS Growth(%) 29.10 11 47.30 9.70 35.40
Diluted EPS before Amortization 1.79 2.05 1.72 0.97 1.07
Pre-Provision Earnings per Share 2.22 1.98 1.80 1.20 1.02
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

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