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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)
  06-2018 03-2018 12-2017 09-2017 06-2017
Cash Flows From Operating Activities
Net Income 17,978 9,161 20,475 18,764 11,905
Depreciation Amortization 3,192 1,819 6,957 5,079 3,119
Income taxes - deferred 4,518 2,039 16,009 7,422 7,589
Other Working Capital -14,367 -7,026 -6,915 -26,727 -10,417
Loans -12,594 4,650 -8,649 -16,253 -12,749
Other Operating Activity 14,571 -3,755 10,730 18,339 13,896
Operating Cash Flow $13,298 $6,888 $38,607 $6,624 $13,343
Cash Flows From Investing Activities
Change In Deposits 1,842 1,000 2,850 2,100 250
PPE Investments -2,033 -921 -4,216 -2,592 -1,904
Net Acquisitions 23,516 N/A N/A N/A 33,446
Purchase Of Investment -47,054 -23,637 -100,584 -84,080 -69,824
Sale Of Investment 119,576 56,344 191,031 152,787 107,464
Net Loans -164,905 -52,151 -406,859 -326,089 -202,167
Other Investing Activity 3,837 1,082 40,200 38,080 4,071
Investing Cash Flow $-65,221 $-18,283 $-277,578 $-219,794 $-128,664
Cash Flows From Financing Activities
Debt Issued 1,040,907 33,247 628,754 464,003 241,999
Debt Repayment -1,069,287 -60,000 -583,587 -397,587 -165,908
Common Stock Issued 147 13 72 57 57
Dividend Paid -6,823 -3,206 -8,960 -6,400 -4,266
Other Financing Activity -1,321 -888 -579 -536 -487
Financing Cash Flow $55,896 $-967 $210,515 $177,579 $91,895
Beginning Cash Position 54,738 54,738 83,194 83,194 83,194
End Cash Position 58,711 42,376 54,738 47,603 59,768
Net Cash Flow $3,973 $-12,362 $-28,456 $-35,591 $-23,426
Free Cash Flow
Operating Cash Flow 13,298 6,888 38,607 6,624 13,343
Capital Expenditure -2,033 -921 -4,242 -2,592 -1,904
Free Cash Flow 11,265 5,967 34,365 4,032 11,439
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