secwatch.observer — SEC 8-K summary
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Issuer:     First Internet Bancorp (INBK)
CIK:        0001562463
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0001562463-22-000110
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Internet Bancorp Q3 2022: net income $8.4M, EPS $0.89; loan growth 5.6% QoQ
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- Net income $8.4M ($0.89 diluted EPS) vs $9.5M ($0.99) in Q2 2022 and $12.1M ($1.21) in Q3 2021.
- Adjusted diluted EPS $0.90 excluding nonrecurring expenses.
- Loan growth $173.8M (5.6%) to $3.3B; commercial +$97.3M, consumer +$78.2M.
- Net interest margin 2.40% (FTE 2.53%) vs 2.60% in Q2; provision for loan losses $0.9M.
- Repurchased 120,000 shares at avg $36.56; repurchase program expanded to $35M total.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562463/000156246322000110/0001562463-22-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562463/000156246322000110/inbk-20221019.htm
  HTML page:      https://secwatch.observer/filing/0001562463-22-000110

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