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REGULATORY CAPITAL REQUIREMENTS (Tables) | 12 Months Ended
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Dec. 31, 2019
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, 2019 and 2018 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, 2019
| (Dollars in thousands)
Independent Bank Corp. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk weighted assets) | $ | 1,352,341 |  |  | 14.83 | % |  | $ | 729,291 |  |  | ≥ |  | 8.0 | % |  | N/A |  |  |  |  | N/A |
Common equity tier 1 capital (to risk weighted assets) | $ | 1,171,963 |  |  | 12.86 | % |  | $ | 410,226 |  |  | ≥ |  | 4.5 | % |  | N/A |  |  |  |  | N/A |
Tier 1 capital (to risk weighted assets) | $ | 1,232,963 |  |  | 13.53 | % |  | $ | 546,969 |  |  | ≥ |  | 6.0 | % |  | N/A |  |  |  |  | N/A |
Tier 1 capital (to average assets) leverage | $ | 1,232,963 |  |  | 11.28 | % |  | $ | 437,271 |  |  | ≥ |  | 4.0 | % |  | N/A |  |  |  |  | N/A |
Rockland Trust Company |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk weighted assets) | $ | 1,275,611 |  |  | 14.00 | % |  | $ | 728,868 |  |  | ≥ |  | 8.0 | % |  | $ | 911,085 |  |  | ≥ |  | 10.0 | %
Common equity tier 1 capital (to risk weighted assets) | $ | 1,205,740 |  |  | 13.23 | % |  | $ | 409,988 |  |  | ≥ |  | 4.5 | % |  | $ | 592,205 |  |  | ≥ |  | 6.5 | %
Tier 1 capital (to risk weighted assets) | $ | 1,205,740 |  |  | 13.23 | % |  | $ | 546,651 |  |  | ≥ |  | 6.0 | % |  | $ | 728,868 |  |  | ≥ |  | 8.0 | %
Tier 1 capital (to average assets) leverage | $ | 1,205,740 |  |  | 11.06 | % |  | $ | 435,886 |  |  | ≥ |  | 4.0 | % |  | $ | 544,857 |  |  | ≥ |  | 5.0 | %
| December 31, 2018
| (Dollars in thousands)
Independent Bank Corp. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk weighted assets) | $ | 992,454 |  |  | 14.45 | % |  | $ | 549,297 |  |  | ≥ |  | 8.0 | % |  | N/A |  |  |  |  | N/A |
Common equity tier 1 capital (to risk weighted assets) | $ | 818,176 |  |  | 11.92 | % |  | $ | 308,980 |  |  | ≥ |  | 4.5 | % |  | N/A |  |  |  |  | N/A |
Tier 1 capital (to risk weighted assets) | $ | 892,176 |  |  | 12.99 | % |  | $ | 411,973 |  |  | ≥ |  | 6.0 | % |  | N/A |  |  |  |  | N/A |
Tier 1 capital (to average assets) | $ | 892,176 |  |  | 10.69 | % |  | $ | 333,754 |  |  | ≥ |  | 4.0 | % |  | N/A |  |  |  |  | N/A |
Rockland Trust Company |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk weighted assets) | $ | 937,574 |  |  | 13.66 | % |  | $ | 549,036 |  |  | ≥ |  | 8.0 | % |  | $ | 686,295 |  |  | ≥ |  | 10.0 | %
Common equity tier 1 capital (to risk weighted assets) | $ | 872,024 |  |  | 12.71 | % |  | $ | 308,833 |  |  | ≥ |  | 4.5 | % |  | $ | 446,092 |  |  | ≥ |  | 6.5 | %
Tier 1 capital (to risk weighted assets) | $ | 872,024 |  |  | 12.71 | % |  | $ | 411,777 |  |  | ≥ |  | 6.0 | % |  | $ | 549,036 |  |  | ≥ |  | 8.0 | %
Tier 1 capital (to average assets) | $ | 872,024 |  |  | 10.46 | % |  | $ | 333,595 |  |  | ≥ |  | 4.0 | % |  | $ | 416,994 |  |  | ≥ |  | 5.0 | %

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