{
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  "docSlug": "e7f382bbf65d6fbb46764222d97cbbeb",
  "documentTitle": "Independent Bank Corp | Results Presentation Deck | 29 slides",
  "authorId": "independent-bank-corp",
  "authorName": "Independent Bank Corporation",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-01-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 13,
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  "density": "dense",
  "nDataPoints": 28,
  "notes": "The table provides a snapshot of loan counts, dollar amounts, and yield metrics for the Paycheck Protection Program.",
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  "slideHref": "/slides/019de070-931d-7071-8809-b056d366b956/13",
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      "text": "The table above reflects the status of PPP loans as of December 31, and September 30, 2020. Paycheck Protection Program: Forgiveness applications began to be submitted to the SBA in August 2020. SBA generally has 90 days to process forgiveness applications. Forgiveness application approvals and payments from the SBA began to be received in October 2020. Expect remaining unaccreted fees at December 31, 2020 to be accreted into interest income over the next 6 months with the heaviest activity over the next two quarters. This excludes any volume from the second round of the Paycheck Protection Program.",
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      "text": "Table showing loan metrics for 12/31/20 and 9/30/20 including outstanding loans, forgiveness applications, and fees.",
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      "kind": "title",
      "text": "COVID-19 Programs – Paycheck Protection Program (“PPP”)",
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      "text": "PPP Loan Portfolio",
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      "text": "Highlights",
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      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The presentation provides detailed financial information, including KPI overviews, demonstrating the company's strong financial performance and satisfying the audience's need for information.",
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      "name": "Cost Of Inaction",
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      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "ee705c80-4b5a-4075-93f5-05f92e4dd122",
      "evidence": "The presentation highlights COVID-19 programs, including loan forbearances and Paycheck Protection Program, demonstrating the company's proactive approach.",
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      "objective": "What are the implications of not taking action during the pandemic?",
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