REGULATORY CAPITAL REQUIREMENTS (Tables)

12 Months Ended

Dec. 31, 2020

Regulated Operations [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The Company’s and the Bank’s actual capital amounts and ratios as of December 31, 2020 and 2019 are also presented in the table that follows:

	Actual				For Capital Adequacy Purposes					To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio		Amount			Ratio		Amount			Ratio
	December 31, 2020
	(Dollars in thousands)
Independent Bank Corp.
Total capital (to risk weighted assets)	$	1,374,349	15.13	%	$	726,482	≥	8.0	%	N/A			N/A
Common equity tier 1 capital (to risk weighted assets)	$	1,150,177	12.67	%	$	408,646	≥	4.5	%	N/A			N/A
Tier 1 capital (to risk weighted assets)	$	1,211,177	13.34	%	$	544,861	≥	6.0	%	N/A			N/A
Tier 1 capital (to average assets) leverage	$	1,211,177	9.56	%	$	506,805	≥	4.0	%	N/A			N/A
Rockland Trust Company
Total capital (to risk weighted assets)	$	1,320,056	14.54	%	$	726,313	≥	8.0	%	$	907,892	≥	10.0	%
Common equity tier 1 capital (to risk weighted assets)	$	1,206,566	13.29	%	$	408,551	≥	4.5	%	$	590,130	≥	6.5	%
Tier 1 capital (to risk weighted assets)	$	1,206,566	13.29	%	$	544,735	≥	6.0	%	$	726,313	≥	8.0	%
Tier 1 capital (to average assets) leverage	$	1,206,566	9.54	%	$	505,747	≥	4.0	%	$	632,184	≥	5.0	%
	December 31, 2019
	(Dollars in thousands)
Independent Bank Corp.
Total capital (to risk weighted assets)	$	1,352,341	14.83	%	$	729,291	≥	8.0	%	N/A			N/A
Common equity tier 1 capital (to risk weighted assets)	$	1,171,963	12.86	%	$	410,226	≥	4.5	%	N/A			N/A
Tier 1 capital (to risk weighted assets)	$	1,232,963	13.53	%	$	546,969	≥	6.0	%	N/A			N/A
Tier 1 capital (to average assets)	$	1,232,963	11.28	%	$	437,271	≥	4.0	%	N/A			N/A
Rockland Trust Company
Total capital (to risk weighted assets)	$	1,275,611	14.00	%	$	728,868	≥	8.0	%	$	911,085	≥	10.0	%
Common equity tier 1 capital (to risk weighted assets)	$	1,205,740	13.23	%	$	409,988	≥	4.5	%	$	592,205	≥	6.5	%
Tier 1 capital (to risk weighted assets)	$	1,205,740	13.23	%	$	546,651	≥	6.0	%	$	728,868	≥	8.0	%
Tier 1 capital (to average assets)	$	1,205,740	11.06	%	$	435,886	≥	4.0	%	$	544,857	≥	5.0	%