secwatch.observer — SEC 8-K summary
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Issuer:     First Internet Bancorp (INBK)
CIK:        0001562463
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001562463-25-000068
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Internet Bancorp Q2 net income $0.2M, diluted EPS $0.02; credit issues persist
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- Net income $0.2M ($0.02 diluted EPS); PTPP $11.7M, +17.2% YoY but -1.8% QoQ.
- Net interest income $28.0M (+11.5% QoQ); NIM 1.96% (+14 bps QoQ).
- Loan growth $108.2M (+2.5% QoQ); deposit growth $353.2M (+7.1% QoQ).
- Nonperforming loans to total loans 1.00%; net charge-offs to avg loans 1.31%; allowance/loans 1.07%.
- Tangible book value per share $44.25; CET1 ratio 8.90%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562463/000156246325000068/0001562463-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562463/000156246325000068/inbk-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001562463-25-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer