Independent Bank Corp. is a bank holding company. The Company owns 100% interest in Rockland Trust Company (the Bank), a trust company. The Bank is a community-oriented commercial bank. The Bank derives its revenues from a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. As of December 31, 2011, the Bank�s wholly owned included Rockland Borrowing Collateral Securities Corp., Rockland Deposit Collateral Securities Corp., and Taunton Avenue Securities Corp., which hold securities, industrial development bonds, and other qualifying assets; Rockland MHEF Fund LLC, Rockland Trust Phoenix LLC, Compass Exchange Advisors LLC and Bright Rock Capital Management LLC. In November 2012, the Company, parent of Rockland Trust Company acquired Central Bancorp Inc.