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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
April 29
Independent Bank Corp. in Rockland, Mass., reported that first-quarter earnings rose 21.3% from a year earlier, to $11.2 million, as credit costs waned and noninterest income rose.
The $4.6 billion-asset company said Thursday that noninterest income increased 25% from a year earlier, to $12.6 million, due to increases in service charges on deposit accounts and fees for interchange and automated teller machines.
Independent's provision for loan losses fell 52% from a year earlier, to $2.2 million.
Independent reported a 30% reduction in interest expense from a year earlier, at $7.5 million, which it attributed to lower funding costs and a reduction in its overnight cash position.