---
schema_version: "secwatch.filing_event.v1"
accession: "0001562463-25-000040"
form_type: "8-K"
ticker: "INBK"
cik: "0001562463"
company_name: "First Internet Bancorp"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:05:02.195370+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Internet Bancorp Q1 2025 net income $0.9M, EPS $0.11; NIM expands 16 bps

## Summary
- Net income of $0.9M and diluted EPS of $0.11; PTPP of $12.0M, up 10.8% QoQ and 48.5% YoY.
- Net interest income $25.1M, up 6.6% QoQ; fully taxable-equivalent NIM 1.91%, +16 bps QoQ.
- Loans grew $83.8M (2.0% QoQ); deposits up $12.4M (0.3% QoQ); loans-to-deposits 86.0%.
- Nonperforming loans 0.80% of loans; net charge-offs 0.92% of average loans; ACL 1.11%.
- Tangible book value per share $44.04, +0.6% QoQ; CET1 ratio 9.16%.

## SEC filing metadata
- accession: 0001562463-25-000040
- form_type: 8-K
- ticker: INBK
- cik: 0001562463
- company_name: First Internet Bancorp
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1562463/000156246325000040/0001562463-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562463/000156246325000040/inbk-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562463-25-000040
- JSON: https://secwatch.observer/filing/0001562463-25-000040.json
- Plain text: https://secwatch.observer/filing/0001562463-25-000040.txt

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