secwatch.observer — SEC 8-K summary
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Issuer:     First Internet Bancorp (INBK)
CIK:        0001562463
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001562463-25-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Internet Bancorp Q3 adjusted revenue up 30% YoY to $43.5M; NIM expands
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- Adjusted revenue grew 30% YoY to $43.5M; adjusted pre-tax pre-provision income $18.1M (up >50% QoQ).
- FTE NIM expanded 42 bps YoY to 2.12%; net interest margin improved to 2.04%.
- Completed major loan sale to enhance regulatory capital; took decisive credit actions on small business and franchise portfolios.
- Board authorized up to $25M common stock repurchase through Sep 2027.
- Delinquencies at lowest level in a year; eight consecutive quarters of increasing net interest income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562463/000156246325000103/0001562463-25-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562463/000156246325000103/inbk-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001562463-25-000103

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