$INDB
INDEPENDENT BANK CORP Stock $indb

$indb Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000077690124000107 Filed on May 08, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$211.9M	$208.0M
YoY Change	6.63%	11.29%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.90M	$10.29M
YoY Change	24.53%	6.81%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$73.94M	$70.61M
YoY Change	60.22%	152.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$66.39M	$62.50M
YoY Change	-19.77%	-23.16%
Income Tax	$15.06M	$14.73M
% Of Pretax Income	22.69%	23.56%
Net Earnings	$51.33M	$47.77M
YoY Change	-18.06%	-22.0%
Net Earnings / Revenue	24.23%	22.96%
Basic Earnings Per Share	$1.21	$1.12
Diluted Earnings Per Share	$1.21	$1.12
COMMON SHARES
Basic Shares Outstanding	42.47M shares	42.45M shares
Diluted Shares Outstanding	42.47M shares	42.57M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.080B	$3.067B
YoY Change	-7.56%	-15.1%
Cash & Equivalents	$313.9M	$221.3M
Short-Term Investments	$2.766B	$2.846B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$191.3M	$192.6M
YoY Change	-1.21%	-1.71%
Goodwill	$985.1M	$985.1M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$19.41B	$19.32B
YoY Change	0.05%	-0.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$62.86M	$62.86M
YoY Change	-44.27%	-44.26%
Other Long-Term Liabilities	$388.8M	$371.8M
YoY Change	-1.99%	7.17%
Total Long-Term Liabilities	$451.7M	$434.6M
YoY Change	-11.35%	-5.45%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities	$451.7M	$434.6M
Total Liabilities	$16.49B	$16.44B
YoY Change	-0.33%	-1.03%
SHAREHOLDERS EQUITY
Retained Earnings	$1.128B	$1.101B
YoY Change	11.73%	13.36%
Common Stock	$423.0K	$422.0K
YoY Change	-3.86%	-3.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.919B	$2.884B
YoY Change
Total Liabilities & Shareholders Equity	$19.41B	$19.32B
YoY Change	0.05%	-0.61%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$51.33M	$47.77M
YoY Change	-18.06%	-22.0%
Depreciation, Depletion And Amortization	$10.90M	$10.29M
YoY Change	24.53%	6.81%
Cash From Operating Activities	$65.65M	$51.15M
YoY Change	-27.67%	-0.62%
INVESTING ACTIVITIES
Capital Expenditures	$3.733M	$4.464M
YoY Change	53.81%	5.81%
Acquisitions
YoY Change
Other Investing Activities	$19.86M	$20.38M
YoY Change	-113.82%	-183.73%
Cash From Investing Activities	$16.12M	$15.92M
YoY Change	-111.04%	-155.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	10.79M	-$70.07M
YoY Change	-107.77%	-155.31%
NET CHANGE
Cash From Operating Activities	65.65M	$51.15M
Cash From Investing Activities	16.12M	$15.92M
Cash From Financing Activities	10.79M	-$70.07M
Net Change In Cash	92.56M	-$3.014M
YoY Change	-147.65%	-102.01%
FREE CASH FLOW
Cash From Operating Activities	$65.65M	$51.15M
Capital Expenditures	$3.733M	$4.464M
Free Cash Flow	$61.92M	$46.68M
YoY Change	-29.91%	-1.2%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1025393000	usd
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	371791000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	16440405000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	42452457	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	42452457	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	215412	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	422000	usd
CY2024Q1	indb	Shares Held In Rabbi Trust At Cost SharesHeldInRabbiTrustAtCost	82042	shares
CY2024Q1	us-gaap	Common Stock Issued Employee Stock Trust CommonStockIssuedEmployeeStockTrust	3403000	usd
CY2024Q1	us-gaap	Compensation And Benefits Trust CompensationAndBenefitsTrust	3403000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1902063000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1101061000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-119338000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	2884208000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19324613000	usd
CY2024Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	193226000	usd
CY2024Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	14231000	usd
CY2023Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	15309000	usd
CY2024Q1	indb	Non Taxable Interest And Dividends On Securities NonTaxableInterestAndDividendsOnSecurities	1000	usd
CY2023Q1	indb	Non Taxable Interest And Dividends On Securities NonTaxableInterestAndDividendsOnSecurities	1000	usd
CY2024Q1	us-gaap	Interest And Fee Income Loans And Leases Held For Sale InterestAndFeeIncomeLoansAndLeasesHeldForSale	104000	usd
CY2023Q1	us-gaap	Interest And Fee Income Loans And Leases Held For Sale InterestAndFeeIncomeLoansAndLeasesHeldForSale	34000	usd
CY2024Q1	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	483000	usd
CY2023Q1	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	665000	usd
CY2024Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	208045000	usd
CY2023Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	186935000	usd
CY2024Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	54320000	usd
CY2023Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	22675000	usd
CY2024Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	16286000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	61247000	usd
CY2023Q1	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	5262000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	70606000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	27937000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	137439000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	158998000	usd
CY2024Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	5000000	usd
CY2023Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	7250000	usd
CY2024Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	132439000	usd
CY2023Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	151748000	usd
CY2024Q1	indb	Service Charges On Deposit Accounts ServiceChargesOnDepositAccounts	6228000	usd
CY2023Q1	indb	Service Charges On Deposit Accounts ServiceChargesOnDepositAccounts	5916000	usd
CY2024Q1	indb	Interchange And Atm Fees InterchangeAndAtmFees	4452000	usd
CY2023Q1	indb	Interchange And Atm Fees InterchangeAndAtmFees	4184000	usd
CY2024Q1	us-gaap	Investment Banking Advisory Brokerage And Underwriting Fees And Commissions InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions	9941000	usd
CY2023Q1	us-gaap	Investment Banking Advisory Brokerage And Underwriting Fees And Commissions InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions	9779000	usd
CY2024Q1	indb	Fees And Commission Mortgage Banking FeesAndCommissionMortgageBanking	796000	usd
CY2023Q1	indb	Fees And Commission Mortgage Banking FeesAndCommissionMortgageBanking	308000	usd
CY2024Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	1928000	usd
CY2023Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	1854000	usd
CY2024Q1	indb	Gain Realized On Life Insurance Policies GainRealizedOnLifeInsurancePolicies	263000	usd
CY2023Q1	indb	Gain Realized On Life Insurance Policies GainRealizedOnLifeInsurancePolicies	11000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	80000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	408000	usd
CY2024Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	6255000	usd
CY2023Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	5782000	usd
CY2024Q1	us-gaap	Noninterest Income NoninterestIncome	29943000	usd
CY2023Q1	us-gaap	Noninterest Income NoninterestIncome	28242000	usd
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	57174000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	56975000	usd
CY2024Q1	us-gaap	Occupancy Net OccupancyNet	13467000	usd
CY2023Q1	us-gaap	Occupancy Net OccupancyNet	12822000	usd
CY2024Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	2483000	usd
CY2023Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	2527000	usd
CY2024Q1	us-gaap	Professional Fees ProfessionalFees	1428000	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	2077000	usd
CY2024Q1	indb	Software Maintenance SoftwareMaintenance	4094000	usd
CY2023Q1	indb	Software Maintenance SoftwareMaintenance	2949000	usd
CY2024Q1	indb	Debit Card Expense DebitCardExpense	2478000	usd
CY2023Q1	indb	Debit Card Expense DebitCardExpense	2171000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1563000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1815000	usd
CY2024Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	2982000	usd
CY2023Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	2610000	usd
CY2024Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	14218000	usd
CY2023Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	14715000	usd
CY2024Q1	us-gaap	Noninterest Expense NoninterestExpense	99887000	usd
CY2023Q1	us-gaap	Noninterest Expense NoninterestExpense	98661000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	62495000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	81329000	usd
CY2024Q1	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	14725000	usd
CY2023Q1	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	20082000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	47770000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	61247000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.12
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.36
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.12
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.36
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	42553714	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	45004100	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	12876	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	19564	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42566590	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45023664	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	47770000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-3008000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	17068000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-1488000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	10163000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	15000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	92000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4511000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	27139000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	43259000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	88386000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	2895251000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	47770000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4511000	usd
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	24197000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1300000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-766000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	658000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	31297000	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	0	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	2884208000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	2886701000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	27139000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	24351000	usd
CY2023Q1	indb	Stock Repurchased During Period Valueasaresultof Stock Options Exercised StockRepurchasedDuringPeriodValueasaresultofStockOptionsExercised	80000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1672000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-1110000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	642000	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	121111000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	0	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	2830909000	usd
CY2024Q1	us-gaap	Sales And Excise Tax Payable Current And Noncurrent SalesAndExciseTaxPayableCurrentAndNoncurrent	278000	usd
CY2023Q1	us-gaap	Sales And Excise Tax Payable Current And Noncurrent SalesAndExciseTaxPayableCurrentAndNoncurrent	1200000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	47770000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	61247000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10289000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	9633000	usd
CY2024Q1	indb	Change In Unamortized Net Loan Costs And Premiums ChangeInUnamortizedNetLoanCostsAndPremiums	270000	usd
CY2023Q1	indb	Change In Unamortized Net Loan Costs And Premiums ChangeInUnamortizedNetLoanCostsAndPremiums	529000	usd
CY2024Q1	indb	Accretion Of Acquired Loans AccretionOfAcquiredLoans	147000	usd
CY2023Q1	indb	Accretion Of Acquired Loans AccretionOfAcquiredLoans	305000	usd
CY2024Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	5000000	usd
CY2023Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	7250000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2584000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	644000	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	609000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	368000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-12000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-79000	usd
CY2024Q1	us-gaap	Sale And Leaseback Transaction Gain Loss Net SaleAndLeasebackTransactionGainLossNet	0	usd
CY2023Q1	us-gaap	Sale And Leaseback Transaction Gain Loss Net SaleAndLeasebackTransactionGainLossNet	145000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1300000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1672000	usd
CY2024Q1	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	1928000	usd
CY2023Q1	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	1854000	usd
CY2024Q1	indb	Gain Realized On Life Insurance Policies GainRealizedOnLifeInsurancePolicies	263000	usd
CY2023Q1	indb	Gain Realized On Life Insurance Policies GainRealizedOnLifeInsurancePolicies	11000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	3447000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	3432000	usd
CY2024Q1	indb	Operating Lease Termination Payments OperatingLeaseTerminationPayments	389000	usd
CY2023Q1	indb	Operating Lease Termination Payments OperatingLeaseTerminationPayments	0	usd
CY2024Q1	indb	Change In Fair Value On Loans Held For Sale ChangeInFairValueOnLoansHeldForSale	70000	usd
CY2023Q1	indb	Change In Fair Value On Loans Held For Sale ChangeInFairValueOnLoansHeldForSale	-17000	usd
CY2024Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	-228000	usd
CY2023Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	581000	usd
CY2024Q1	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	4902000	usd
CY2023Q1	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-1656000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1025000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-17337000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2988000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-40844000	usd
CY2024Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	3375000	usd
CY2023Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-9781000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	51145000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	51466000	usd
CY2024Q1	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	165000	usd
CY2023Q1	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	136000	usd
CY2024Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	57399000	usd
CY2023Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	15694000	usd
CY2024Q1	us-gaap	Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment	24861000	usd
CY2023Q1	us-gaap	Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment	27877000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Federal Home Loan Bank Stock PaymentsForProceedsFromFederalHomeLoanBankStock	2747000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Federal Home Loan Bank Stock PaymentsForProceedsFromFederalHomeLoanBankStock	35085000	usd
CY2024Q1	indb	Investmentin Low Income Housing Projects InvestmentinLowIncomeHousingProjects	-6519000	usd
CY2023Q1	indb	Investmentin Low Income Housing Projects InvestmentinLowIncomeHousingProjects	-13669000	usd
CY2024Q1	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	91000	usd
CY2023Q1	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	91000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	52381000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	18981000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4464000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4219000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	22000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	52000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	15915000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28558000	usd
CY2024Q1	us-gaap	Increase Decrease In Time Deposits IncreaseDecreaseInTimeDeposits	251465000	usd
CY2023Q1	us-gaap	Increase Decrease In Time Deposits IncreaseDecreaseInTimeDeposits	259590000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Deposits IncreaseDecreaseInOtherDeposits	-73832000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Deposits IncreaseDecreaseInOtherDeposits	-866445000	usd
CY2024Q1	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-143000000	usd
CY2023Q1	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	879000000	usd
CY2024Q1	us-gaap	Maturities Of Subordinated Debt MaturitiesOfSubordinatedDebt	50000000	usd
CY2023Q1	us-gaap	Maturities Of Subordinated Debt MaturitiesOfSubordinatedDebt	0	usd
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	80000	usd
CY2024Q1	indb	Issuance Of Restricted Stock Awards Netof Issuance Cost IssuanceOfRestrictedStockAwardsNetofIssuanceCost	792000	usd
CY2023Q1	indb	Issuance Of Restricted Stock Awards Netof Issuance Cost IssuanceOfRestrictedStockAwardsNetofIssuanceCost	1110000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	367000	usd
CY2024Q1	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	651000	usd
CY2023Q1	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	642000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	30986000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	119951000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	23580000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	25103000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-70074000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	126703000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3014000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	149611000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	224330000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	352933000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	221316000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	502544000	usd
CY2024Q1	indb	Capitalcommitmentrelatingto Low Income Housing Projectinvestmentsnoncash CapitalcommitmentrelatingtoLowIncomeHousingProjectinvestmentsnoncash	8308000	usd
CY2023Q1	indb	Capitalcommitmentrelatingto Low Income Housing Projectinvestmentsnoncash CapitalcommitmentrelatingtoLowIncomeHousingProjectinvestmentsnoncash	564000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	1434000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	2642000	usd
CY2024Q1	us-gaap	Trading Securities Debt TradingSecuritiesDebt	4800000	usd
CY2023Q4	us-gaap	Trading Securities Debt TradingSecuritiesDebt	5000000	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	22900000	usd
CY2023Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	22500000	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	609000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	368000	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni Realized Gain Loss EquitySecuritiesFvNiRealizedGainLoss	435000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Realized Gain Loss EquitySecuritiesFvNiRealizedGainLoss	1000	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	174000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss	1402389000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	25000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	129583000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1272831000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss	1459862000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	30000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	125636000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1334256000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	3800000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	3400000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Accrued Interest Writeoff DebtSecuritiesAvailableForSaleAccruedInterestWriteoff	0	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Accrued Interest Writeoff DebtSecuritiesAvailableForSaleAccruedInterestWriteoff	0	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Accrued Interest Writeoff DebtSecuritiesAvailableForSaleAccruedInterestWriteoff	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Accrued Interest Writeoff DebtSecuritiesAvailableForSaleAccruedInterestWriteoff	0	usd
CY2024Q1	indb	Debt Securities Availableforsale Nonaccrual DebtSecuritiesAvailableforsaleNonaccrual	0	usd
CY2024Q1	indb	Debt Securities Availableforsale Pastdue DebtSecuritiesAvailableforsalePastdue	0	usd
CY2023Q4	indb	Debt Securities Availableforsale Nonaccrual DebtSecuritiesAvailableforsaleNonaccrual	0	usd
CY2023Q4	indb	Debt Securities Availableforsale Pastdue DebtSecuritiesAvailableforsalePastdue	0	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	0	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	172	holding
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	2123000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	23000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	1268945000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	129560000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1271068000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	129583000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	163	holding
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	1620000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	18000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	1328959000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	125618000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1330579000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	125636000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss	1545267000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	61000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	161707000	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2024Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	1383621000	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss	1569107000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	559000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	152058000	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2023Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	1417608000	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	4500000	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	4300000	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Accrued Interest Writeoff DebtSecuritiesHeldToMaturityAccruedInterestWriteoff	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Accrued Interest Writeoff DebtSecuritiesHeldToMaturityAccruedInterestWriteoff	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Accrued Interest Writeoff DebtSecuritiesHeldToMaturityAccruedInterestWriteoff	0	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Accrued Interest Writeoff DebtSecuritiesHeldToMaturityAccruedInterestWriteoff	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest90 Days Or More Past Due Still Accruing DebtSecuritiesHeldToMaturityExcludingAccruedInterest90DaysOrMorePastDueStillAccruing	0	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Nonaccrual DebtSecuritiesHeldToMaturityExcludingAccruedInterestNonaccrual	0	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest90 Days Or More Past Due Still Accruing DebtSecuritiesHeldToMaturityExcludingAccruedInterest90DaysOrMorePastDueStillAccruing	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Nonaccrual DebtSecuritiesHeldToMaturityExcludingAccruedInterestNonaccrual	0	usd
CY2024Q1	us-gaap	Held To Maturity Securities Sold Security Realized Gain Loss HeldToMaturitySecuritiesSoldSecurityRealizedGainLoss	0	usd
CY2024Q1	us-gaap	Held To Maturity Securities Sold Security Realized Gain Loss HeldToMaturitySecuritiesSoldSecurityRealizedGainLoss	0	usd
CY2023Q1	us-gaap	Held To Maturity Securities Sold Security Realized Gain Loss HeldToMaturitySecuritiesSoldSecurityRealizedGainLoss	0	usd
CY2023Q1	us-gaap	Held To Maturity Securities Sold Security Realized Gain Loss HeldToMaturitySecuritiesSoldSecurityRealizedGainLoss	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss	1402389000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1272831000	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss	1545267000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Datewithin One Year Amortized Cost DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDatewithinOneYearAmortizedCost	226495000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Datewithin One Year Fair Value DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDatewithinOneYearFairValue	220678000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Dateafter One Through Five Years Amortized Cost DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDateafterOneThroughFiveYearsAmortizedCost	1530817000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Dateafter One Through Five Years Fair Value DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDateafterOneThroughFiveYearsFairValue	1395521000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Dateafter Five Through Ten Years Amortized Cost DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDateafterFiveThroughTenYearsAmortizedCost	287108000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Dateafter Five Through Ten Years Fair Value DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDateafterFiveThroughTenYearsFairValue	252069000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Dateafter Ten Years Amortized Cost DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDateafterTenYearsAmortizedCost	903236000	usd
CY2024Q1	indb	Debt Securities Availableforsaleand Heldtomaturity Maturity Allocatedand Single Maturity Dateafter Ten Years Fair Value DebtSecuritiesAvailableforsaleandHeldtomaturityMaturityAllocatedandSingleMaturityDateafterTenYearsFairValue	788184000	usd
CY2024Q1	indb	Available For Sale Securities And Held To Maturity Securities Amortized Cost AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAmortizedCost	2947656000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale And Held To Maturity DebtSecuritiesAvailableForSaleAndHeldToMaturity	2656452000	usd
CY2024Q1	indb	Callable Securities In Investment Portfolio CallableSecuritiesInInvestmentPortfolio	25500000	usd
CY2024Q1	indb	Investmentsinobligationsofindividualstatescountiesormunicipalitieswhichexceed10ofequity Investmentsinobligationsofindividualstatescountiesormunicipalitieswhichexceed10ofequity	0	usd
CY2023Q4	indb	Investmentsinobligationsofindividualstatescountiesormunicipalitieswhichexceed10ofequity Investmentsinobligationsofindividualstatescountiesormunicipalitieswhichexceed10ofequity	0	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	142222000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	881000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	607000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	5000000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	146948000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	152419000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	815000	usd
CY2023Q1	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	277000	usd
CY2023Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	7250000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	159131000	usd
CY2024Q1	us-gaap	Interest Receivable InterestReceivable	59300000	usd
CY2023Q1	us-gaap	Interest Receivable InterestReceivable	52700000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	146900000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	142200000	usd
CY2024Q1	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	524105000	usd
CY2024Q1	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	2202825000	usd
CY2024Q1	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	2482942000	usd
CY2024Q1	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	2072585000	usd
CY2024Q1	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	1595566000	usd
CY2024Q1	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	3732923000	usd
CY2024Q1	us-gaap	Financing Receivable Revolving FinancingReceivableRevolving	1714753000	usd
CY2024Q1	us-gaap	Financing Receivable Revolving Converted To Term Loan FinancingReceivableRevolvingConvertedToTermLoan	4895000	usd
CY2024Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	14330594000	usd
CY2024Q1	us-gaap	Financing Receivable Year One Originated Current Fiscal Year Writeoff FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff	763000	usd
CY2024Q1	us-gaap	Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff	0	usd
CY2024Q1	us-gaap	Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff	28000	usd
CY2024Q1	us-gaap	Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff	0	usd
CY2024Q1	us-gaap	Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff	0	usd
CY2024Q1	us-gaap	Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff	0	usd
CY2024Q1	us-gaap	Financing Receivable Revolving Writeoff FinancingReceivableRevolvingWriteoff	90000	usd
CY2024Q1	us-gaap	Financing Receivable Revolving Converted To Term Loan Writeoff FinancingReceivableRevolvingConvertedToTermLoanWriteoff	0	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	881000	usd
CY2023Q1	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	586214000	usd
CY2023Q1	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	2790090000	usd
CY2023Q1	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	2459335000	usd
CY2023Q1	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	1759576000	usd
CY2023Q1	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	997571000	usd
CY2023Q1	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	3595331000	usd
CY2023Q1	us-gaap	Financing Receivable Revolving FinancingReceivableRevolving	1758898000	usd
CY2023Q1	us-gaap	Financing Receivable Revolving Converted To Term Loan FinancingReceivableRevolvingConvertedToTermLoan	937000	usd
CY2023Q1	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	13947952000	usd
CY2023Q1	us-gaap	Financing Receivable Year One Originated Current Fiscal Year Writeoff FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff	498000	usd
CY2023Q1	us-gaap	Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff	0	usd
CY2023Q1	us-gaap	Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff	0	usd
CY2023Q1	us-gaap	Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff	0	usd
CY2023Q1	us-gaap	Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff	0	usd
CY2023Q1	us-gaap	Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff	34000	usd
CY2023Q1	us-gaap	Financing Receivable Revolving Writeoff FinancingReceivableRevolvingWriteoff	283000	usd
CY2023Q1	us-gaap	Financing Receivable Revolving Converted To Term Loan Writeoff FinancingReceivableRevolvingConvertedToTermLoanWriteoff	0	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	815000	usd
CY2024Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	1500000	usd
CY2023Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	1300000	usd
CY2024Q1	indb	Days To Be Termed As Non Accrual Loans DaysToBeTermedAsNonAccrualLoans	P90D
CY2024Q1	indb	Days To Be Termed As Non Accrual Loans DaysToBeTermedAsNonAccrualLoans	P90D
CY2024Q1	indb	Finance Receivable Nonaccrualwithallowance FinanceReceivableNonaccrualwithallowance	49089000	usd
CY2024Q1	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	7852000	usd
CY2024Q1	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	56941000	usd
CY2023Q4	indb	Finance Receivable Nonaccrualwithallowance FinanceReceivableNonaccrualwithallowance	43040000	usd
CY2023Q4	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	11343000	usd
CY2023Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	54383000	usd
CY2024Q1	us-gaap	Accounts Receivable Noncurrent Accrued Interest Writeoff AccountsReceivableNoncurrentAccruedInterestWriteoff	385000	usd
CY2023Q1	us-gaap	Accounts Receivable Noncurrent Accrued Interest Writeoff AccountsReceivableNoncurrentAccruedInterestWriteoff	80000	usd
CY2024Q1	indb	Foreclosedresidentialrealestatepropertyheldbythecreditor Foreclosedresidentialrealestatepropertyheldbythecreditor	110000	usd
CY2023Q4	indb	Foreclosedresidentialrealestatepropertyheldbythecreditor Foreclosedresidentialrealestatepropertyheldbythecreditor	110000	usd
CY2024Q1	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	1900000	usd
CY2023Q4	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	1697000	usd
CY2024Q1	indb	Number Of Financing Receivables Thirty To Fifty Nine Days Past Due NumberOfFinancingReceivablesThirtyToFiftyNineDaysPastDue	482	loan
CY2024Q1	indb	Number Of Financing Receivables Sixty To Eighty Nine Days Past Due NumberOfFinancingReceivablesSixtyToEightyNineDaysPastDue	28	loan
CY2024Q1	indb	Number Of Financing Receivables Equal To Greater Than Ninety Days NumberOfFinancingReceivablesEqualToGreaterThanNinetyDays	39	loan
CY2024Q1	indb	Number Of Financing Receivables Total Past Due NumberOfFinancingReceivablesTotalPastDue	549	loan
CY2024Q1	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	14330594000	usd
CY2024Q1	us-gaap	Financing Receivable Recorded Investment90 Days Past Due And Still Accruing FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing	0	usd
CY2023Q4	indb	Number Of Financing Receivables Thirty To Fifty Nine Days Past Due NumberOfFinancingReceivablesThirtyToFiftyNineDaysPastDue	480	loan
CY2023Q4	indb	Number Of Financing Receivables Sixty To Eighty Nine Days Past Due NumberOfFinancingReceivablesSixtyToEightyNineDaysPastDue	29	loan
CY2023Q4	indb	Number Of Financing Receivables Equal To Greater Than Ninety Days NumberOfFinancingReceivablesEqualToGreaterThanNinetyDays	40	loan
CY2023Q4	indb	Number Of Financing Receivables Total Past Due NumberOfFinancingReceivablesTotalPastDue	549	loan
CY2023Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	14278070000	usd
CY2023Q4	us-gaap	Financing Receivable Recorded Investment90 Days Past Due And Still Accruing FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing	0	usd
CY2024Q1	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	5700000	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	6400000	usd
CY2024Q1	us-gaap	Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount	8500000	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount	8600000	usd
CY2024Q1	us-gaap	Financing Receivable Modifications Post Modification Recorded Investment2 FinancingReceivableModificationsPostModificationRecordedInvestment2	32206000	usd
CY2023Q1	us-gaap	Financing Receivable Modifications Post Modification Recorded Investment2 FinancingReceivableModificationsPostModificationRecordedInvestment2	12507000	usd
CY2024Q1	indb	Days To Be Termed As Non Accrual Loans DaysToBeTermedAsNonAccrualLoans	P90D
CY2024Q1	us-gaap	Loans And Leases Receivable Impaired Commitment To Lend LoansAndLeasesReceivableImpairedCommitmentToLend	640000	usd
CY2024Q1	us-gaap	Maximum Length Of Time Hedged In Interest Rate Cash Flow Hedge1 MaximumLengthOfTimeHedgedInInterestRateCashFlowHedge1	P5Y
CY2024Q1	us-gaap	Fair Value Hedges At Fair Value Net FairValueHedgesAtFairValueNet	0	usd
CY2023Q4	us-gaap	Fair Value Hedges At Fair Value Net FairValueHedgesAtFairValueNet	0	usd
CY2024Q1	indb	Change In Fair Value On Loans Held For Sale ChangeInFairValueOnLoansHeldForSale	70000	usd
CY2023Q1	indb	Change In Fair Value On Loans Held For Sale ChangeInFairValueOnLoansHeldForSale	-17000	usd
CY2024Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	593000	usd
CY2023Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	174000	usd
CY2024Q1	us-gaap	Derivative Assets DerivativeAssets	61946000	usd
CY2023Q4	us-gaap	Derivative Assets DerivativeAssets	55695000	usd
CY2024Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	119075000	usd
CY2023Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	108508000	usd
CY2024Q1	us-gaap	Derivative Collateral Obligation To Return Securities DerivativeCollateralObligationToReturnSecurities	6220000	usd
CY2023Q4	us-gaap	Derivative Collateral Obligation To Return Securities DerivativeCollateralObligationToReturnSecurities	12018000	usd
CY2024Q1	us-gaap	Derivative Collateral Right To Reclaim Securities DerivativeCollateralRightToReclaimSecurities	6220000	usd
CY2023Q4	us-gaap	Derivative Collateral Right To Reclaim Securities DerivativeCollateralRightToReclaimSecurities	12018000	usd
CY2024Q1	us-gaap	Derivative Collateral Obligation To Return Cash DerivativeCollateralObligationToReturnCash	26969000	usd
CY2023Q4	us-gaap	Derivative Collateral Obligation To Return Cash DerivativeCollateralObligationToReturnCash	17076000	usd
CY2024Q1	us-gaap	Derivative Collateral Right To Reclaim Cash DerivativeCollateralRightToReclaimCash	0	usd
CY2023Q4	us-gaap	Derivative Collateral Right To Reclaim Cash DerivativeCollateralRightToReclaimCash	0	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	28757000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	26601000	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	112855000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	96490000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent	-3952000	usd
CY2024Q1	indb	Exposureto Institutional Counterparties ExposuretoInstitutionalCounterparties	117500000	usd
CY2023Q4	indb	Exposureto Institutional Counterparties ExposuretoInstitutionalCounterparties	95800000	usd
CY2024Q1	indb	Exposure To Counterparties Relating To Customer Related Positions ExposureToCounterpartiesRelatingToCustomerRelatedPositions	313000	usd
CY2023Q4	indb	Exposure To Counterparties Relating To Customer Related Positions ExposureToCounterpartiesRelatingToCustomerRelatedPositions	5600000	usd
CY2024Q1	indb	Othernoninterestincome Asc606 OthernoninterestincomeASC606	1114000	usd
CY2023Q1	indb	Othernoninterestincome Asc606 OthernoninterestincomeASC606	1198000	usd
CY2024Q1	indb	Totalnoninterestincomeinscopeof Asc606 TotalnoninterestincomeinscopeofASC606	22307000	usd
CY2023Q1	indb	Totalnoninterestincomeinscopeof Asc606 TotalnoninterestincomeinscopeofASC606	21582000	usd
CY2024Q1	indb	Totalnoninterestincomeoutofscopeof Asc606 TotalnoninterestincomeoutofscopeofASC606	7636000	usd
CY2023Q1	indb	Totalnoninterestincomeoutofscopeof Asc606 TotalnoninterestincomeoutofscopeofASC606	6660000	usd
CY2024Q1	us-gaap	Noninterest Income NoninterestIncome	29943000	usd
CY2023Q1	us-gaap	Noninterest Income NoninterestIncome	28242000	usd
CY2024Q1	indb	Investment Management Income Receivable InvestmentManagementIncomeReceivable	5635000	usd
CY2023Q4	indb	Investment Management Income Receivable InvestmentManagementIncomeReceivable	5509000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-3952000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-944000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-3008000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	0	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	0	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	usd
CY2024Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent	-944000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-3008000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax	-7904000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax	-2161000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-5743000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	-5856000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax	-1601000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-4255000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax	-2048000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	-560000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-1488000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	25000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	7000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	18000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	4000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax	1000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	3000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	21000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	6000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	15000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-6021000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-1510000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4511000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	22185000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	5117000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	17068000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent	22185000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent	5117000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	17068000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax	7899000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax	2221000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	5678000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	-6239000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax	-1754000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-4485000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax	14138000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	3975000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	10163000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	137000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	38000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	99000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	10000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax	3000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	7000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	127000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	35000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	92000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	36196000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	9057000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	27139000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-114827000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4511000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-119338000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-163084000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	27139000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-135945000	usd

Files In Submission

Name	View Source	Status
0000776901-24-000107-index-headers.html	Edgar Link	pending
0000776901-24-000107-index.html	Edgar Link	pending
0000776901-24-000107.txt	Edgar Link	pending
0000776901-24-000107-xbrl.zip	Edgar Link	pending
exhibit311-indb03x31x20241.htm	Edgar Link	pending
exhibit312-indb03x31x20241.htm	Edgar Link	pending
exhibit321-indb03x31x20241.htm	Edgar Link	pending
exhibit322-indb3x31x202410.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
indb-20240331.htm	Edgar Link	pending
indb-20240331.xsd	Edgar Link	pending
indb-20240331_g1.jpg	Edgar Link	pending
indb-20240331_g10.jpg	Edgar Link	pending
indb-20240331_g2.jpg	Edgar Link	pending
indb-20240331_g3.jpg	Edgar Link	pending
indb-20240331_g4.jpg	Edgar Link	pending
indb-20240331_g5.jpg	Edgar Link	pending
indb-20240331_g6.jpg	Edgar Link	pending
indb-20240331_g7.jpg	Edgar Link	pending
indb-20240331_g8.jpg	Edgar Link	pending
indb-20240331_g9.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R12.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R31.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
indb-20240331_def.xml	Edgar Link	unprocessable
indb-20240331_lab.xml	Edgar Link	unprocessable
indb-20240331_pre.xml	Edgar Link	unprocessable
indb-20240331_htm.xml	Edgar Link	completed
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
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R60.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
indb-20240331_cal.xml	Edgar Link	unprocessable

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$INDB
INDEPENDENT BANK CORP Stock $indb

2024 Q2 Form 10-Q Financial Statement

#000077690124000107 Filed on May 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INDB INDEPENDENT BANK CORP Stock $indb

2024 Q2 Form 10-Q Financial Statement

#000077690124000107 Filed on May 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INDB
INDEPENDENT BANK CORP Stock $indb