Independent Bank (NASDAQ:INDB) reported quarterly earnings of $1.68 per share which beat the analyst consensus estimate of $1.67 by 0.6 percent. This is a 58.49 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $252.721 million which beat the analyst consensus estimate of $249.879 million by 1.14 percent. This is a 41.94 percent increase over sales of $178.044 million the same period last year.