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Independent Bank Corp (IBCP)

Independent Bank Corp (IBCP)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  03-2022 12-2021 09-2021 06-2021 03-2021
Cash Flows From Operating Activities
Net Income 17,967 62,895 50,387 34,425 22,037
Depreciation Amortization 2,868 12,130 9,276 6,279 3,158
Income taxes - deferred 2,174 1,912 820 -251 2,067
Other Working Capital 16,694 34,609 -2,038 28,513 9,251
Loans 24,437 29,107 -1,086 32,337 17,617
Other Operating Activity -25,569 -30,499 -1,447 -34,705 -19,065
Operating Cash Flow $38,571 $110,154 $55,912 $66,598 $35,065
Cash Flows From Investing Activities
PPE Investments -2,381 -5,774 -4,538 -3,081 -1,947
Purchase Of Investment -124,560 -824,348 -648,113 -546,621 -367,654
Sale Of Investment 69,267 461,094 388,198 303,945 186,013
Net Loans -62,927 -195,507 -132,583 -79,241 -52,939
Other Investing Activity 571 1,471 1,427 854 733
Investing Cash Flow $-120,030 $-563,064 $-395,609 $-324,144 $-235,794
Cash Flows From Financing Activities
Debt Issued -3 99,997 -5 -7 -6
Debt Repayment N/A -100,000 N/A N/A N/A
Common Stock Issued 13 61 55 49 19
Common Stock Repurchased -1,384 -17,269 -13,773 -7,285 -3,601
Dividend Paid -4,667 -18,155 -13,686 -9,166 -4,592
Other Financing Activity -560 -691 -691 -607 -509
Financing Cash Flow $81,807 $443,678 $346,613 $208,095 $212,531
Beginning Cash Position 109,473 118,705 118,705 118,705 118,705
End Cash Position 109,821 109,473 125,621 69,254 130,507
Net Cash Flow $348 $-9,232 $6,916 $-49,451 $11,802
Free Cash Flow
Operating Cash Flow 38,571 110,154 55,912 66,598 35,065
Capital Expenditure -2,381 -5,837 -4,538 -3,081 -1,947
Free Cash Flow 36,190 104,317 51,374 63,517 33,118
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