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  "documentTitle": "Independent Bank Corp | Results Presentation Deck | 28 slides",
  "authorId": "independent-bank-corp",
  "authorName": "Independent Bank Corp",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-10-01 00:00:00",
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  "pageNumber": 15,
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  "density": "dense",
  "nDataPoints": 24,
  "notes": "The slide uses a stacked bar chart for expenses and a vertical bar chart for the efficiency ratio to illustrate operational cost management.",
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      "kind": "chart",
      "text": "Non-interest Expense ($M)",
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      "text": "Efficiency Ratio (4 quarter rolling average)",
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      "kind": "list",
      "text": "3Q'24 efficiency ratio of 62.8%. Compensation and employee benefits expense of $20.0 million. $0.5 million increase in performance-based compensation. Payroll taxes and employee benefits decreased $0.6 million. Data processing costs increased by $0.3 million.",
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      "kind": "source-note",
      "text": "Source: Company documents.",
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      "kind": "title",
      "text": "Focus on Improved Efficiency",
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      "evidence": "The bank presents its strong non-interest income and focus on improved efficiency as key products",
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