INDB — what changed in the latest 10-Q
A section-by-section comparison of INDB's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +60 | −50 | ~49 | 108 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
service offerings, and competition from non-depository institutions which may be subject to fewer regulatory constraints and lower cost structures;
•operational risks related to the Company and its customers’ reliance on information technology; cyber threats, attacks, intrusions, and fraud; and outages or other issues impacting the Company or its third party service providers which could lead to interruptions or disruptions of the Company’s ope…
•Total assets at June 30, 2026 were approximately $25.0 billion.
•Total loans at June 30, 2026 were $18.4 billion and reflect decreases of $31.2 million, or 0.2% and $109.5 million, or 0.6%, when compared to March 31, 2026, and December 31, 2025, respectively. Loan balances reflect strong growth in core commercial and industrial and home equity portfolios, offset…
•Total deposits at June 30, 2026 were $20.4 billion and reflect increases of $294.6 million, or 1.5%, and $265.3 million, or 1.3%, when compared to March 31, 2026, and December 31, 2025, respectively. Deposit balances for the first six months reflect growth in core deposits with average balances imp…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
•operational risks related to the Company and its customers’ reliance on information technology; cyber threats, attacks, intrusions, and fraud; and outages or other issues impacting the Company or its third party service providers which could lead to interruptions or disruptions of the Company’s ope…
•The company reported net income of $79.9 million, or $1.63 on a diluted earnings per share basis, as compared to $44.4 million, or $1.04 on a diluted earnings per share basis, for the three months ended March 31, 2025. The increase in net income was driven primarily by the Company’s July 2025 acqui…
•Financial results for the first quarter of 2026 were inclusive of $3.0 million of pre-tax merger-related costs related to the Enterprise acquisition, as compared to $1.2 million during the same prior year period. Excluding these merger-related costs associated with the Enterprise acquisition, and t…
•The net interest margin of 3.90% compared to 3.42% for the three months ended March 31, 2025, and was driven by higher yields on interest-earning assets and decreased funding costs.
•Loan balances decreased by $78.3 million from December 31, 2025, with core commercial and industrial growth offset by runoff in the commercial and residential portfolios.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice