---
schema_version: "secwatch.filing_event.v1"
accession: "0001562463-22-000010"
form_type: "8-K"
ticker: "INBK"
cik: "0001562463"
company_name: "First Internet Bancorp"
filed_at: "2022-01-19T23:59:59+00:00"
generated_at: "2026-06-27T17:12:31.863194+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Internet Bancorp Q4 2021 diluted EPS $1.25; record FY net income $48.1M

## Summary
- Record full-year net income $48.1M, diluted EPS $4.82 vs $29.5M and $2.99 in 2020.
- Q4 net income $12.5M ($1.25 EPS); adjusted $13.0M ($1.30) excl. IT contract fee and acquisition costs.
- Net interest margin 2.30%, up 30 bps QoQ; total revenue $31.2M, +8.6% from Q3 2021.
- Repurchased 100,000 shares at avg $44.36; book value per share $38.99, +3.7% QoQ.
- Credit quality improved: nonperforming loans 0.26%, net recoveries $0.1M in Q4.

## SEC filing metadata
- accession: 0001562463-22-000010
- form_type: 8-K
- ticker: INBK
- cik: 0001562463
- company_name: First Internet Bancorp
- filed_at: 2022-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562463/000156246322000010/0001562463-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562463/000156246322000010/inbk-20220119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562463-22-000010
- JSON: https://secwatch.observer/filing/0001562463-22-000010.json
- Plain text: https://secwatch.observer/filing/0001562463-22-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.