Independent Bank Corp (IBCP)
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Fiscal Year End Date: 12/31
| 06-2023 | 03-2023 | 12-2022 | 09-2022 | 06-2022 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 27,781 | 12,991 | 63,351 | 48,265 | 30,968 |
| Depreciation Amortization | 4,949 | 2,425 | 10,827 | 8,340 | 5,734 |
| Income taxes - deferred | 1,255 | 1,436 | -359 | 1,922 | 2,680 |
| Other Working Capital | -7,654 | 3,582 | 13,054 | 29,463 | 19,608 |
| Loans | 5,942 | 9,902 | 24,249 | 40,920 | 18,797 |
| Other Operating Activity | 803 | -6,951 | -16,490 | -35,105 | -16,662 |
| Operating Cash Flow | $33,076 | $23,385 | $94,632 | $93,805 | $61,125 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -2,799 | -1,151 | -3,846 | -2,406 | -2,966 |
| Purchase Of Investment | -918 | -400 | -140,208 | -140,208 | -137,550 |
| Sale Of Investment | 72,543 | 31,354 | 260,811 | 225,481 | 187,491 |
| Net Loans | -147,432 | -25,092 | -542,505 | -464,833 | -314,166 |
| Other Investing Activity | 1,289 | 243 | 1,156 | 1,168 | 965 |
| Investing Cash Flow | $-77,317 | $4,954 | $-424,592 | $-380,798 | $-266,226 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 74,009 | 34,023 | 350,997 | 226,698 | 35,498 |
| Debt Repayment | -70,000 | -70,000 | -295,000 | -170,000 | -40,000 |
| Common Stock Issued | 71 | 48 | 77 | 74 | 32 |
| Common Stock Repurchased | -3,270 | N/A | -4,010 | -4,010 | -4,010 |
| Dividend Paid | -9,718 | -4,860 | -18,565 | -13,931 | -9,298 |
| Other Financing Activity | -597 | -582 | -620 | -617 | -592 |
| Financing Cash Flow | $99,062 | $124,309 | $294,858 | $248,152 | $155,114 |
| Beginning Cash Position | 74,371 | 74,371 | 109,473 | 109,473 | 109,473 |
| End Cash Position | 129,192 | 227,019 | 74,371 | 70,632 | 59,486 |
| Net Cash Flow | $54,821 | $152,648 | $-35,102 | $-38,841 | $-49,987 |
| Free Cash Flow | |||||
| Operating Cash Flow | 33,076 | 23,385 | 94,632 | 93,805 | 61,125 |
| Capital Expenditure | -3,071 | -1,325 | -5,679 | -3,969 | -2,966 |
| Free Cash Flow | 30,005 | 22,060 | 88,953 | 89,836 | 58,159 |