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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Interest income      
Interest and fees on loans $ 197,021us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $ 189,748us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $ 178,309us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
Taxable interest and dividends on securities 18,610indb_TaxableInterestAndDividendsOnSecurities 15,137indb_TaxableInterestAndDividendsOnSecurities 16,681indb_TaxableInterestAndDividendsOnSecurities
Nontaxable interest and dividends on securities 144indb_NonTaxableInterestAndDividendsOnSecurities 55indb_NonTaxableInterestAndDividendsOnSecurities 82indb_NonTaxableInterestAndDividendsOnSecurities
Interest on loans held for sale 405us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 774us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 988us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale
Interest on federal funds sold and short-term investments 279us-gaap_InterestIncomeFederalFundsSold 200us-gaap_InterestIncomeFederalFundsSold 132us-gaap_InterestIncomeFederalFundsSold
Total interest and dividend income 216,459us-gaap_InterestAndDividendIncomeOperating 205,914us-gaap_InterestAndDividendIncomeOperating 196,192us-gaap_InterestAndDividendIncomeOperating
Interest expense      
Interest on deposits 11,039us-gaap_InterestExpenseDeposits 10,624us-gaap_InterestExpenseDeposits 10,703us-gaap_InterestExpenseDeposits
Interest on borrowings 9,378us-gaap_InterestExpenseBorrowings 12,712us-gaap_InterestExpenseBorrowings 12,690us-gaap_InterestExpenseBorrowings
Total interest expense 20,417us-gaap_InterestExpense 23,336us-gaap_InterestExpense 23,393us-gaap_InterestExpense
Net interest income 196,042us-gaap_InterestIncomeExpenseNet 182,578us-gaap_InterestIncomeExpenseNet 172,799us-gaap_InterestIncomeExpenseNet
Provision 10,403us-gaap_ProvisionForLoanAndLeaseLosses 10,200us-gaap_ProvisionForLoanAndLeaseLosses 18,056us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income after provision for loan losses 185,639us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 172,378us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 154,743us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income      
Deposit account fees 18,065indb_ServiceChargesOnDepositAccounts 17,940indb_ServiceChargesOnDepositAccounts 15,930indb_ServiceChargesOnDepositAccounts
Interchange and ATM fees 12,975indb_InterchangeAndAtmFees 10,883indb_InterchangeAndAtmFees 9,783indb_InterchangeAndAtmFees
Investment management 19,642us-gaap_InvestmentAdvisoryFees 16,832us-gaap_InvestmentAdvisoryFees 14,779us-gaap_InvestmentAdvisoryFees
Mortgage banking income 3,384us-gaap_FeesAndCommissionsMortgageBanking 6,734us-gaap_FeesAndCommissionsMortgageBanking 6,500us-gaap_FeesAndCommissionsMortgageBanking
Increase in cash surrender value of life insurance policies 3,128us-gaap_BankOwnedLifeInsuranceIncome 3,229us-gaap_BankOwnedLifeInsuranceIncome 3,114us-gaap_BankOwnedLifeInsuranceIncome
Gain on life insurance benefits 1,964indb_GainRealizedOnLifeInsurancePolicies 227indb_GainRealizedOnLifeInsurancePolicies 1,307indb_GainRealizedOnLifeInsurancePolicies
Gains (Losses) on Extinguishment of Debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 763us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Loan level derivative income 2,477us-gaap_DerivativeGainLossOnDerivativeNet 3,439us-gaap_DerivativeGainLossOnDerivativeNet 3,457us-gaap_DerivativeGainLossOnDerivativeNet
Available-for-sale Securities, Gross Realized Gains 121us-gaap_AvailableForSaleSecuritiesGrossRealizedGains 258us-gaap_AvailableForSaleSecuritiesGrossRealizedGains 5us-gaap_AvailableForSaleSecuritiesGrossRealizedGains
Gain (Loss) on Sale of Equity Investments 91us-gaap_GainLossOnSaleOfEquityInvestments (28)us-gaap_GainLossOnSaleOfEquityInvestments 111us-gaap_GainLossOnSaleOfEquityInvestments
Other noninterest income 8,096us-gaap_NoninterestIncomeOtherOperatingIncome 7,732us-gaap_NoninterestIncomeOtherOperatingIncome 7,030us-gaap_NoninterestIncomeOtherOperatingIncome
Total noninterest income 69,943us-gaap_NoninterestIncome 68,009us-gaap_NoninterestIncome 62,016us-gaap_NoninterestIncome
Noninterest expenses      
Salaries and employee benefits 94,044us-gaap_LaborAndRelatedExpense 89,894us-gaap_LaborAndRelatedExpense 84,014us-gaap_LaborAndRelatedExpense
Occupancy and equipment expenses 21,820us-gaap_OccupancyNet 19,650us-gaap_OccupancyNet 17,307us-gaap_OccupancyNet
Data processing & facilities management 4,765us-gaap_InformationTechnologyAndDataProcessing 4,748us-gaap_InformationTechnologyAndDataProcessing 4,644us-gaap_InformationTechnologyAndDataProcessing
FDIC assessment 3,770us-gaap_FederalDepositInsuranceCorporationPremiumExpense 3,579us-gaap_FederalDepositInsuranceCorporationPremiumExpense 3,232us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Advertising expense 3,859us-gaap_AdvertisingExpense 4,280us-gaap_AdvertisingExpense 3,949us-gaap_AdvertisingExpense
Consulting expense 2,923us-gaap_ProfessionalFees 3,322us-gaap_ProfessionalFees 2,801us-gaap_ProfessionalFees
Debit Card 2,362indb_DebitCardExpense 2,994indb_DebitCardExpense 2,510indb_DebitCardExpense
Goodwill impairment     2,227us-gaap_GoodwillImpairmentLoss [1]
Available-for-sale Securities, Gross Realized Losses 21us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses 0us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses 0us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses
Merger and acquisition expense 1,339us-gaap_BusinessCombinationAcquisitionRelatedCosts 8,685us-gaap_BusinessCombinationAcquisitionRelatedCosts 6,741us-gaap_BusinessCombinationAcquisitionRelatedCosts
Prepayment fee on borrowings     7indb_PrepaymentFeeOnBorrowings
Other noninterest expenses 36,935us-gaap_OtherNoninterestExpense 36,497us-gaap_OtherNoninterestExpense 32,027us-gaap_OtherNoninterestExpense
Total noninterest expenses 171,838us-gaap_NoninterestExpense 173,649us-gaap_NoninterestExpense 159,459us-gaap_NoninterestExpense
Income before income taxes 83,744us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 66,738us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 57,300us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 23,899us-gaap_IncomeTaxExpenseBenefit 16,484us-gaap_IncomeTaxExpenseBenefit 14,673us-gaap_IncomeTaxExpenseBenefit
Net Income $ 59,845us-gaap_NetIncomeLoss $ 50,254us-gaap_NetIncomeLoss $ 42,627us-gaap_NetIncomeLoss
Basic earnings per share (in dollars per share) $ 2.50us-gaap_EarningsPerShareBasic $ 2.18us-gaap_EarningsPerShareBasic $ 1.96us-gaap_EarningsPerShareBasic
Diluted earnings per share (in dollars per share) $ 2.49us-gaap_EarningsPerShareDiluted $ 2.18us-gaap_EarningsPerShareDiluted $ 1.95us-gaap_EarningsPerShareDiluted
Weighted average common shares (basic) (in shares) 23,899,562us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,011,814us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 21,782,499us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Common share equivalents (in shares) 93,815us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 76,764us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 29,817us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Weighted average common shares (diluted) (in shares) 23,993,377us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 23,088,578us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 21,812,316us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared (in dollars per share) $ 0.96us-gaap_CommonStockDividendsPerShareDeclared $ 0.88us-gaap_CommonStockDividendsPerShareDeclared $ 0.84us-gaap_CommonStockDividendsPerShareDeclared
[1] Amount represents the total amount of goodwill relating to Compass Exchange Advisors, LLC, which was acquired in January 2007.