---
schema_version: "secwatch.filing_event.v1"
accession: "0001562463-22-000094"
form_type: "8-K"
ticker: "INBK"
cik: "0001562463"
company_name: "First Internet Bancorp"
filed_at: "2022-07-20T23:59:59+00:00"
generated_at: "2026-06-24T11:16:21.368935+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Internet Bancorp Q2 net income $9.5M ($0.99 EPS), down from Q1 and YoY

## Summary
- Net income $9.5M ($0.99 diluted EPS) vs $11.2M ($1.14) Q1'22 and $13.1M ($1.31) Q2'21.
- Adjusted net income $10.3M ($1.06) excluding nonrecurring items.
- Total loans $3.1B, up $201M (7.0%) QoQ; commercial +4.2%, consumer +21.5%.
- Net interest margin 2.60% (up 4bps QoQ); provision for loan losses $1.2M on loan growth.
- Repurchased 294,464 shares at avg $37.77; book value per share $38.85.

## SEC filing metadata
- accession: 0001562463-22-000094
- form_type: 8-K
- ticker: INBK
- cik: 0001562463
- company_name: First Internet Bancorp
- filed_at: 2022-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562463/000156246322000094/0001562463-22-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562463/000156246322000094/inbk-20220720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562463-22-000094
- JSON: https://secwatch.observer/filing/0001562463-22-000094.json
- Plain text: https://secwatch.observer/filing/0001562463-22-000094.txt

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