Rockland’s Independent Bank Corp., parent of Rockland Trust Co., has reported net income of $9.2 million for the first quarter, a 1.4 percent increase from $9.1 million in net income the fourth quarter of 2009.

"It’s always nice to report a good start to the year. Our first quarter results reflect how we continue to meet the needs of our customers as indicated by the growth in our commercial loan and home equity portfolios," said Christopher Oddleifson, president and chief executive officer. "We also remained focused on core deposit growth, and we’re pleased with our deposit-gathering results."

On a diluted earnings per share basis, the company reported earnings of 44-cents for the quarter compared to 43-cents for the previous quarter.