{
  "docId": "019de06f-ef66-718f-b713-86f819e3cb82",
  "docSlug": "8d5f1429ebb90a42ddae31ab50024534",
  "documentTitle": "Independent Bank Corp | Results Presentation Deck | 26 slides",
  "authorId": "independent-bank-corp",
  "authorName": "Independent Bank",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2020-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 16,
  "pageCount": 26,
  "prevPage": 15,
  "nextPage": 17,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 24,
  "notes": "The chart combines a stacked bar chart for expense components with a line chart for the efficiency ratio.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-ef66-718f-b713-86f819e3cb82/16",
  "deckHref": "/decks/019de06f-ef66-718f-b713-86f819e3cb82",
  "deckJsonHref": "/decks/019de06f-ef66-718f-b713-86f819e3cb82.json",
  "deckAnchorHref": "/decks/019de06f-ef66-718f-b713-86f819e3cb82#slide-16",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.43,
        "x": 0.06,
        "y": 0.17
      },
      "kind": "chart",
      "text": "Non-interest Expense ($ in Millions)",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "407bff73-9596-446f-b235-18ca4149721a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.42,
        "x": 0.545,
        "y": 0.37
      },
      "kind": "list",
      "text": "4Q'19 compensation and benefits increased by $2.97 million over 4Q'18 due to increases in salaries, performance based compensation, and payroll taxes/benefits.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4a023a11-a26c-46fe-885c-0547f1eaa970",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.42,
        "x": 0.545,
        "y": 0.23
      },
      "kind": "list",
      "text": "4Q'19 non-interest expenses of $29.3 million were above the projected range of $27.0 to $27.5 million due to higher incentive compensation.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "820ac816-5372-4937-878b-1dfca4304cf2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.42,
        "x": 0.545,
        "y": 0.78
      },
      "kind": "list",
      "text": "Efficiency ratio: Full year 2019 – 64.9% (63.0% excluding FV change); 2018 – 67.2%; 2017 – 69.2%; 2016 – 73.7%; 2015 – 77.2%; 2014 – 80.3%; and 2013 – 82.6%.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "903dd51c-1695-4f8b-a99e-32bb3023d213",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.255,
        "x": 0.469,
        "y": 0.045
      },
      "kind": "title",
      "text": "Non-interest Expense",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d674a27e-c913-4ea3-a255-7b9cbe9a7b30",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 15,
      "beatId": "9c8e21c6-326f-45dd-a19b-586cd698c0c3",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "What Could Be",
      "beatSlug": "sparkline-what-could-be-2",
      "evidence": "The presentation highlights the company's credit quality, credit cost summary, and classified assets.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 15,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "96f55f02-123e-46f9-9e81-a79cc9b87dd9",
      "evidence": "The presentation highlights the company's credit quality and credit cost summary, emphasizing the need for strategic initiatives.",
      "position": 0,
      "objective": "Highlighting the importance of the company's strategic initiatives",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}