INDEPENDENT BANK CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Independent Bank Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Independent Bank Corp Interest Expense for the quarter ending June 30, 2024 was $73.9M, a 60.2% increase year-over-year.
  • Independent Bank Corp Interest Expense for the twelve months ending June 30, 2024 was $260M, a 167% increase year-over-year.
  • Independent Bank Corp annual Interest Expense for 2023 was $189M, a 539% increase from 2022.
  • Independent Bank Corp annual Interest Expense for 2022 was $29.6M, a 116% increase from 2021.
  • Independent Bank Corp annual Interest Expense for 2021 was $13.7M, a 60.1% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $189M +$160M +539% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $29.6M +$15.9M +116% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $13.7M -$20.6M -60.1% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $34.3M -$19.5M -36.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $53.9M +$28.3M +111% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $25.5M +$7.2M +39.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $18.3M -$459K -2.44% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-27
2016 $18.8M -$1.82M -8.85% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-28
2015 $20.6M +$200K +0.98% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-27
2014 $20.4M -$2.92M -12.5% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $23.3M -$57K -0.24% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $23.4M -$5.28M -18.4% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $28.7M -$10.1M -26% Dec 31, 2010 Dec 31, 2011 10-K 2013-03-12
2010 $38.8M Dec 31, 2009 Dec 31, 2010 10-K 2013-03-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.