Independent Bank Corp. Reports Fourth Quarter EPS of $.56

Independent Bank Corp., INDB, parent of Rockland Trust Company, today announced net income of $11.8 million for the fourth quarter of 2010, compared to $11.1 million recorded in the third quarter. On a diluted earnings per share basis, the Company reported earnings of $0.56 for the quarter, an increase of 5.7% from the $0.53 in earnings recorded for the previous quarter.