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REGULATORY CAPITAL REQUIREMENTS (Tables)
12 Months Ended
Dec. 31, 2013
Banking and Thrift [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, 2013 and 2012 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, 2013
 
(Dollars in thousands)
Independent Bank Corp.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total capital (to risk weighted assets)
$
589,811

 
12.58
%
 
$
375,117

 
 
8.0
%
 
N/A

 
 
 
N/A

Tier 1 capital (to risk weighted assets)
505,646

 
10.78

 
187,558

 
 
4.0

 
N/A

 
 
 
N/A

Tier 1 capital (to average assets)
505,646

 
8.64

 
234,153

 
 
4.0

 
N/A

 
 
 
N/A

Rockland Trust Company
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total capital (to risk weighted assets)
$
582,599

 
12.42
%
 
$
375,205

 
 
8.0
%
 
$
469,006

 
 
10.0
%
Tier 1 capital (to risk weighted assets)
498,434

 
10.63

 
187,603

 
 
4.0

 
281,404

 
 
6.0

Tier 1 capital (to average assets)
498,434

 
8.51

 
234,154

 
 
4.0

 
292,692

 
 
5.0

 
December 31, 2012
 
(Dollars in thousands)
Independent Bank Corp.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total capital (to risk weighted assets)
$
541,119

 
12.23
%
 
$
354,086

 
 
8.0
%
 
N/A

 
 
 
N/A

Tier 1 capital (to risk weighted assets)
458,638

 
10.36

 
177,043

 
 
4.0

 
N/A

 
 
 
N/A

Tier 1 capital (to average assets)
458,638

 
8.65

 
212,015

 
 
4.0

 
N/A

 
 
 
N/A

Rockland Trust Company
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total capital (to risk weighted assets)
$
534,182

 
12.07
%
 
$
353,965

 
 
8.0
%
 
$
442,456

 
 
10.0
%
Tier 1 capital (to risk weighted assets)
451,701

 
10.21

 
176,983

 
 
4.0

 
265,474

 
 
6.0

Tier 1 capital (to average assets)
451,701

 
8.52

 
212,074

 
 
4.0

 
265,093

 
 
5.0