Independent Bank Corp. provided earnings guidance for the year 2016. The company anticipates that 2016 operating diluted earnings per share will be in a range of between $2.90 and $3.00.

The company expects to grow total deposits 3% to 5% in 2016. With the benefit of the December rate increase, the 2016 full-year net interest margin should be about where the company was for the full year in 2015, which was around the low 3.40%. Core non-interest income is anticipated to grow 3% to 5% in 2016 as continued growth in core customer base should lead to moderate growth across most fee income categories.

Core non-interest expense will be tightly managed and expected to increase 1% to 3% in 2016. Expects the tax rate to be 31% to 32% in 2016.