Christopher Oddleifson Sample Contracts

SEC Documents
Filings
Personal financials
Insider transactions
Previous Companies
director, officer: President and CEO until May 21st, 2013
Independent Bank Corp – Independent Bank Corp. Reports Second Quarter Operating Net Income of $17.9 Million (July 16th, 2015)

ROCKLAND, Mass.--(BUSINESS WIRE)--July 16, 2015--Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced 2015 second quarter net income of $17.5 million, or $0.67 per diluted share as compared to $9.5 million, or $0.38 per diluted share in the prior quarter. The increase in the Company’s earnings was largely attributable to merger and acquisition costs recognized during the first quarter of $6.3 million, net of tax, relating to the February 20, 2015 acquisition of Peoples Federal Bancshares, Inc. (“Peoples”). When excluding these expenses and other items that the Company considers to be non-core, net operating earnings for the second quarter were $17.9 million, or $0.68 per diluted share, versus $15.8 million, or $0.63 per diluted share in the prior quarter, representing an increase of 12.9% and 7.9%, respectively.

Independent Bank Corp – Independent Bank Corp. Reports First Quarter Operating Net Income of $15.8 Million (April 16th, 2015)

ROCKLAND, Mass.--(BUSINESS WIRE)--April 16, 2015--Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced 2015 first quarter net income of $9.5 million, or $0.38 per diluted share as compared to $16.0 million, or $0.66 per diluted share in the prior quarter. The decrease in the Company’s earnings was largely attributable to merger and acquisition costs of $6.3 million, net of tax, recognized during the first quarter, relating to the February 20, 2015 acquisition of Peoples Federal Bancshares, Inc. (“Peoples”). When excluding these expenses and other items that the Company considers to be non-core, net operating earnings for the first quarter were $15.8 million, or $0.63 per diluted share, versus the prior quarter’s net operating earnings of $16.6 million, or $0.69 per diluted share, representing decreases of 4.5% and 8.7%, respectively.

Independent Bank Corp – KBW Regional Bank Conference February 25, 2015 Christopher Oddleifson – Chief Executive Officer Robert Cozzone – Chief Financial Officer and Treasurer Gerard Nadeau – Executive Vice President Commercial Lending (February 25th, 2015)
Independent Bank Corp – JOINT NEWS RELEASE Independent Bank Corp. Peoples Federal Bancshares, Inc. 288 Union Street 435 Market Street Rockland, MA 02370 Brighton, MA 02135 Investor Contacts: Investor and Media Contacts: Chris Oddleifson Maurice H. Sullivan, Jr. President and Chief Executive Officer Chairman and Chief Executive Officer (781) 982-6660 (617) 254-0707 Robert Cozzone Chief Financial Officer (781) 982-6723 (January 26th, 2015)

Rockland, Massachusetts and Brighton, Massachusetts, January 26, 2015. Independent Bank Corp. (NASDAQ: INDB) (“Independent”), parent of Rockland Trust Company, and Peoples Federal Bancshares, Inc. (NASDAQ: PEOP) (“Peoples”), parent of Peoples Federal Savings Bank, jointly reported the following in connection with the proposed merger of Peoples with and into Independent (the “Merger”):

Independent Bank Corp – • Record operating EPS performance expected in 2014 • Excellent commercial loan and core deposit growth • Very successful customer acquisition campaigns • Opened first office in downtown Boston • Announced agreement to acquire Peoples Federal Bancshares, Inc. of Boston • Fitch upgrade of ratings outlook INDB Recent Accomplishments 4 (November 3rd, 2014)
Independent Bank Corp – Independent Bank Corp. Reports $13.4 Million of First Quarter Net Income and GAAP Diluted EPS of $0.56 (April 17th, 2014)

ROCKLAND, Mass.--(BUSINESS WIRE)--April 17, 2014--Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced 2014 first quarter net income of $13.4 million, or $0.56 per diluted share, as compared to $10.6 million, or $0.45 per diluted share, in the prior quarter.

Independent Bank Corp – Independent Bank Corp. Reports Third Quarter Net Income of $14.7 Million Strong Fundamentals Lead to Solid Operating EPS Growth (October 17th, 2013)

ROCKLAND, Mass.--(BUSINESS WIRE)--October 17, 2013--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income for the third quarter of 2013 was $14.7 million, or $0.64 per diluted share. These results represent an increase of $0.08, or 14.3%, on a diluted earnings per share basis as compared to the second quarter of 2013. Both quarters contained items, such as merger and acquisition expenses and gain on extinguishment of debt, which the Company considers to be non-core in nature. When excluding these items, net operating earnings for the third quarter were $14.4 million, or $0.63 per diluted share, representing an increase from the prior quarter’s operating earnings of $13.2 million, or $0.58 per diluted share.

Independent Bank Corp – Independent Bank Corp. Reports First Quarter Net Income of $12.3 Million (April 25th, 2013)

ROCKLAND, Mass.--(BUSINESS WIRE)--April 25, 2013--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income for the first quarter of 2013 was $12.3 million, or $0.54 on a diluted earnings per share basis. The results of the first quarter of 2013 represent an increase of $0.09, or 20.0%, on a diluted earnings per share basis as compared to the fourth quarter of 2012. These quarters contained various items such as merger and acquisition expenses, which the Company considers to be non-core in nature. When excluding these items, net operating earnings for the first quarter were $13.3 million, or $0.58 on a diluted earnings per share basis, as compared with the prior quarter net operating earnings of $13.7 million, or $0.61 on a diluted earnings per share basis. Additionally, the Company’s net operating earnings increased by $1.1 million or 9.2%, as compared to the year a

Independent Bank Corp – Independent Bank Corp. Reports First Quarter Net Income of $12.2 Million Strong Fundamentals Drive 8% Increase in Earnings Per Share (April 12th, 2012)

ROCKLAND, Mass.--(BUSINESS WIRE)--April 12, 2012--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income of $12.2 million for the first quarter of 2012, or $0.56 on a diluted earnings per share basis. The results of the first quarter 2012 represent an increase of $0.04, or 7.7%, on a diluted earnings per share basis as compared to the fourth quarter of 2011. The Company’s organic customer growth continues to be strong, fueling deposit, loan and fee income growth.

Independent Bank Corp – Company Footprint 67 Branches 4 Mortgage Banking Centers 10 Commercial Banking Centers 4 Investment Management Centers % of INDB Dep. % of INDB Dep. % of INDB Dep. Rank 2011 Rank 2011 Rank 2011 1 16.7% 45% 4 10.2% 16% 7 3.6% 19% Rank 2011 Rank 2011 Rank 2011 9 5.2% 14% 44 0.3% 1% 47 0.4% 4% Worcester County Market Share MIddlesex County Norfolk County Barnstable County (Cape Cod) Market Share Market Share Plymouth County Bristol County Source: SNL Financial; Deposit/Market Share data as of June 30, 2011 including pending transactions. (Includes Credit Unions) Boston (March 1st, 2012)
Independent Bank Corp – CORPORATE PARTICIPANTS Chris Oddleifson President, Chief Executive Officer & Director, Independent Bank Corp. (Massachusetts) Denis K. Sheahan Chief Financial Officer & Head-Investor Relations, Independent Bank Corp. (Massachusetts) Robert D. Cozzone Treasurer & Senior Vice President, Independent Bank Corp. (Massachusetts) ........................................ ............................................................ .................. ............................................................................... ... ............................................. OTHER PARTICIPANTS Mark Fit (January 23rd, 2012)

This call may contain forward-looking statements with respect to the financial conditions, results of operations and business of Independent Bank Corp. Actual results may be different. Independent Bank Corp. cautions you against unduly relying upon any forward-looking statements and disclaims any intent to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise.

Independent Bank Corp – Independent Bank Corp. Reports 13% Annual Net Income Growth Strong Results Fueled by Loan and Deposit Growth, Steady Asset Quality (January 19th, 2012)

ROCKLAND, Mass.--(BUSINESS WIRE)--January 19, 2012--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced an increase in net income for the full year to $45.4 million, an improvement of 12.9% compared to the prior year. Diluted earnings per share for 2011 were $2.12, an increase of 11.6% as compared to the year ago period. Net income for the fourth quarter of 2011 was $11.2 million, or $0.52 on a diluted earnings per share basis. The results of the fourth quarter 2011 represent a decrease of $0.04, or 7.1%, on a diluted per share basis as compared to the linked quarter results. These results include a $757,000 prepayment penalty during the fourth quarter that resulted in a $0.02 per share charge arising from the Company’s use of excess cash to pay down borrowings.

Independent Bank Corp – Sandler O'Neill + Partners, L.P. 2011 East Coast Financial Services Conference November 10, 2011 Christopher Oddleifson President & Chief Executive Officer Denis K. Sheahan Chief Financial Officer (November 10th, 2011)

Sandler O'Neill + Partners, L.P. 2011 East Coast Financial Services Conference November 10, 2011 Christopher Oddleifson President & Chief Executive Officer Denis K. Sheahan Chief Financial Officer

Independent Bank Corp – Independent Bank Corp. Reports Third Quarter Net Income of $12.0 Million Continued Strong Performance Leads to 8% Increase in Earnings Per Share (October 20th, 2011)

ROCKLAND, Mass.--(BUSINESS WIRE)--October 20, 2011--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income of $12.0 million for the third quarter of 2011, or $0.56 on a diluted earnings per share basis. The results of the third quarter 2011 represent increases of $0.04 or 7.7% on a diluted per share basis as compared to the linked quarter results and $0.03 or 5.7% versus prior year results. Net income for the year-to-date period improved by 20.7%, or 18.5% on a diluted earnings per share basis as compared to the year ago period.

Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (September 15th, 2011)
Independent Bank Corp – 2011 Keefe, Bruyette & Woods Community Bank Investor Conference August 2, 2011 Christopher Oddleifson President & Chief Executive Officer Denis K. Sheahan Chief Financial Officer (August 2nd, 2011)

2011 Keefe, Bruyette & Woods Community Bank Investor Conference August 2, 2011 Christopher Oddleifson President & Chief Executive Officer Denis K. Sheahan Chief Financial Officer

Independent Bank Corp – Operator: Good morning and welcome to the Independent Bank Second Quarter 2011 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Chris Oddleifson. Please go ahead, sir. Chris Oddleifson, President, Chief Executive Officer & Director Thank you and good morning, everyone, and thank you for joining us today. I am accompanied, as always, by Denis Sheahan, our Chief Financial Officer, who will elaborate on our financial results following my comments. But before I (July 18th, 2011)
Independent Bank Corp – Independent Bank Corp. Reports Second Quarter Net Income of $11.1 Million Strong Loan and Deposit Growth Drives Performance (July 14th, 2011)

ROCKLAND, Mass.--(BUSINESS WIRE)--July 14, 2011--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income of $11.1 million for the second quarter of 2011, or $0.52 on a diluted earnings per share basis. The results of the second quarter 2011 represent an increase of $0.14 or 36.8% on a diluted per share basis as compared to the second quarter of 2010 and were consistent with linked quarter results.

Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (June 16th, 2011)
Independent Bank Corp – Operator: Good morning and welcome to the Independent Bank Corp’s First Quarter 2011 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note this event is being recorded. I would now like to turn the conference over to Chris Oddleifson. Please go ahead. Chris Oddleifson, President and Chief Executive Officer Good morning, everyone, and thank you for joining us today. I am accompanied, as always, by Denis Sheahan, our Chief Financial Officer (April 18th, 2011)

This call may contain forward-looking statements with respect to the financial condition, results of operations and business of Independent Bank Corp. Actual results may be different. Independent Bank Corp. cautions you against unduly relying upon any forward-looking statements and disclaims any intent to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise.

Independent Bank Corp – Independent Bank Corp. Reports First Quarter Net Income of $11.2 Million Solid Asset Quality Trends and Continued Strong Loan Growth Drive Performance (April 14th, 2011)

ROCKLAND, Mass.--(BUSINESS WIRE)--April 14, 2011--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income of $11.2 million for the first quarter of 2011, or $0.52 on a diluted earnings per share basis. The results of the first quarter 2011 represent an increase of $0.08, or 18.2%, on a diluted earnings per share basis as compared to the first quarter of 2010. As compared to the linked quarter, the diluted earnings per share results for the first quarter declined, as is typical for the Company, by $0.04, or 7.1%, primarily due to seasonality and the timing of certain revenue and expense items.

Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (March 17th, 2011)
Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (December 16th, 2010)
Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (September 16th, 2010)
Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (June 17th, 2010)
Independent Bank Corp – Independent Bank Corp. Reports First Quarter Net Income of $9.2 Million Solid Commercial Loan and Core Deposit Growth and Strong Net Interest Margin Drive Performance (April 15th, 2010)

ROCKLAND, Mass.--(BUSINESS WIRE)--April 15, 2010--Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income of $9.2 million for the first quarter of 2010. This represents an increase of 1.4% from the $9.1 million recorded in the fourth quarter of 2009. On a diluted earnings per share basis, the Company reported earnings of $0.44 for the quarter as compared to $0.43 for the previous quarter.

Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (December 10th, 2009)
Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (September 17th, 2009)
Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (June 18th, 2009)
Independent Bank Corp – PRESS RELEASE Independent Bank Corp. 288 Union Street Rockland, MA 02370 Investor Contacts: Chris Oddleifson President and Chief Executive Officer (781) 982-6660 Denis K. Sheahan Chief Financial Officer (781) 982-6341 Media Contact: Ralph Valente Senior Vice President and Director of Marketing (781) 982-6636 (April 20th, 2009)

Rockland, Massachusetts, (April 20, 2009). Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced that on Wednesday, April 22, 2009 it will repay all of the approximately $78 million preferred stock investment which the United States Department of Treasury made in Independent Bank Corp. on January 9, 2009 pursuant to the Capital Purchase Program.

Independent Bank Corp – PRESS RELEASE Independent Bank Corp. 288 Union Street Rockland, MA 02370 Investor Contacts: Chris Oddleifson President and Chief Executive Officer (781) 982-6660 Denis K. Sheahan Chief Financial Officer (781) 982-6341 Media Contact: Ralph Valente Senior Vice President and Director of Marketing (781) 982-6636 (April 10th, 2009)

Effective as of today’s closing, former Ben Franklin Directors William P. Bissonnette, Daniel F. O’Brien, and Thomas R. Venables were appointed to the Independent Board of Directors, with Mr. Bissonnette and Mr. O’Brien appointed as Class III Directors with terms expiring at the 2011 Annual Shareholder Meeting and Mr. Venables appointed a Class II Director with a term expiring at the 2010 Annual Shareholder Meeting. Mr. Bissonnette, Mr. O’Brien, and Mr. Venables were each also appointed to the Rockland Trust Board of Directors.

Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (March 19th, 2009)
Independent Bank Corp – Shareholder Relations NEWS RELEASE 288 Union Street, Rockland, MA 02370 (December 11th, 2008)
Independent Bank Corp – SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT (November 21st, 2008)

AGREEMENT originally dated and effective as of January 9, 2003 by and between Rockland Trust Company, a Massachusetts trust company (the “Company”), Independent Bank Corp., a Massachusetts corporation (“IBC”), and Christopher Oddleifson, of 69 Summer Street, Cohasset, Massachusetts (the “Executive”), and subsequently amended and restated on April 14, 2005 is hereby further amended and restated this 20th day of November, 2008 for the sole purpose of complying with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code).

Independent Bank Corp – Operator: And welcome to the Independent Bank Corp. Earnings Conference Call Third Quarter 2008 Conference. All participants will be in a listen-only mode. There’ll be an opportunity for you to ask questions at the end of today’s presentation. [Operator Instructions] Please note this conference is being recorded. Now, I would like to turn the conference over to Chris Oddleifson. Mr. Oddleifson, please begin. Christopher Oddleifson, President and Chief Executive Officer Thank you very much, and good morning. And thank you everyone for joining us this morning. I’m joined by Denis Sheahan, our Ch (October 27th, 2008)

This call may contain forward-looking statements with respect to the financial condition, results of operations and business of Independent Bank Corp. Actual results may be different. Independent Bank Corp. cautions you against unduly relying upon any forward-looking statements and disclaims any intent to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise.