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  "documentTitle": "Independent Bank Corp | Results Presentation Deck | 30 slides",
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  "presentationDate": "2024-01-01 00:00:00",
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  "notes": "The slide presents a sensitivity analysis of NII to interest rate shifts, comparing Dec 31 2023 and Sep 30 2023.",
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      "text": "Stable core funding base. Transaction accounts fund 37.8% of assets and other non-maturity deposits fund another 18.8% of assets.",
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      "text": "Base-rate is a static balance sheet applying the spot yield curve from the valuation date.",
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      "text": "The NII sensitivity profile is largely unchanged during the quarter for smaller rate changes of +/- 100 basis points.",
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      "text": "The decrease in the base case modeled NII is due to an adverse shift in the funding mix and the change in rates during the quarter which caused the yield curve to invert further.",
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      "text": "33.0% of assets reprice in 1 month and 45.9% reprice in the next 12 months.",
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      "text": "Simulation analyses calculate the change in net interest income over the next twelve months, under immediate parallel shifts in interest rates.",
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