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  "documentTitle": "Independent Bank Corp | Results Presentation Deck | 28 slides",
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  "presentationDate": "2024-10-01 00:00:00",
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  "notes": "The slide includes a table showing NII changes under -200, -100, Base, +100, and +200 basis point shifts.",
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      "text": "The NII sensitivity profile shifted to a more asset sensitive position during the quarter largely due to slightly faster repricing on commercial loans, a modest increase in mortgage loan repricing due to additional pay fixed swaps and a shift in non-maturity deposit beta assumptions.",
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      "text": "35.6% of assets reprice in 1 month and 46.8% reprice in the next 12 months.",
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      "text": "Continually evaluating strategies to manage NII through hedging as well as product pricing and structure.",
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      "text": "The base case modeled NII is modestly higher during the quarter as asset yields were augmented by a shift in asset mix and liability costs also benefited from shift in mix.",
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      "text": "Stable core funding base. Transaction accounts fund 38.1% of assets and other non-maturity deposits fund another 18.4% of assets. Low wholesale funding of just 2.3% 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": "Simulation analyses calculate the change in net interest income over the next twelve months, under immediate parallel shifts in interest rates, based upon a static statement of financial condition, which includes derivative instruments, and does not consider loan fees.",
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