Yahoo! FinanceFinance Home - My Yahoo - Yahoo! - Help 

Wednesday, February 10, 2010, 11:43AM ET - U.S. Markets close in 4 hours and 17 minutes. Dow Down 0.35% Nasdaq Down 0.51%
Independent Bank Corp. (INDB)At 11:15AM ET: 23.03  Down 0.16 (0.69%)  
MORE ON INDB
Quotes
Charts
News & Info
Company
HereProfile
Analyst Coverage
Ownership
Financials

ProfileGet Profile for:
Independent Bank Corp.
288 Union Street
Rockland, MA 02370
United States - Map
Phone: 781-878-6100
Web Site: http://www.rocklandtrust.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:N/A

BUSINESS SUMMARY 
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking, retail banking, and wealth management services, as well as the sale of retail investments and insurance products in Massachusetts. It offers a range of deposit products, including demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit. The company’s loan portfolio comprises commercial loans, which include loans to businesses for working capital and other business-related purposes, and floor plan financing; small business loans, which primarily consist of loans to businesses with commercial credit needs; and consumer loans that primarily comprises installment loans, home equity loans and lines, automobile loans, and overdraft protection. It also provides real estate loans, which include commercial mortgages that are secured by non-residential properties; residential mortgages that are secured primarily by owner-occupied residences; and mortgages for the construction of commercial and residential properties. In addition, the company provides investment management and trust services to individuals, small businesses, and charitable institutions. As of December 31, 2008, it operated 58 full service and 3 limited service retail branches, 10 commercial banking centers, 4 investment management offices, and 5 mortgage lending centers in the southeastern Massachusetts; and Lincoln, Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Key Statistics

COMPANY WEBSITES 
  • Home Page
  • Search Yahoo! for:
    More on Independent Bank Corp.


    CORPORATE GOVERNANCE 
    Independent Bank Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 30.2% of S&P 600 companies and 72% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Christopher Oddleifson , 51
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Rockland Trust, Pres of Rockland Trust of Rockland Trust Company
    $ 674.00K $ 0
    Mr. Denis K. Sheahan , 44
    Chief Financial Officer and Chief Financial Officer of Rockland Trust
    $ 322.00K $ 19.00K
    Mr. Edward H. Seksay , 52
    Gen. Counsel and Gen. Counsel of Rockland Trust
    $ 263.00K $ 0
    Ms. Jane L. Lundquist , 56
    Exec. VP of Rockland Trust of Retail Banking Residential Lending & Corp. Marketing - Rockland Trust
    $ 268.00K $ 0
    Mr. Gerald F. Nadeau , 52
    Exec. VP of Commercial Lending Division for Rockland Trust
    $ 298.00K $ 21.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
    View Insiders


    Add to My Portfolio Add to Portfolio    Set Alert Set Alert    Email to a Friend Email to a Friend
    Get Profile for Another Symbol: Symbol Lookup
    Annual ReportsSector Analysis