secwatch.observer — SEC 8-K summary
======================================

Issuer:     First Internet Bancorp (INBK)
CIK:        0001562463
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001562463-26-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Internet Bancorp Q1 net income $2.5M, EPS $0.29, up 166% YoY
------------------------------------------------------------------

- Net income $2.5M, diluted EPS $0.29, up 166% and 164% YoY respectively.
- Total revenue $43.1M (+21% YoY); net interest income $31.6M (+26%); NIM 2.36% (+54 bps).
- Provision for credit losses $16.3M; nonaccrual SBA/franchise balances improved from Q4 2025.
- Noninterest income $11.5M (+10%); strong commercial loan production in construction/STLF.
- Pre-provision net revenue grew 51% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562463/000156246326000040/0001562463-26-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562463/000156246326000040/inbk-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001562463-26-000040

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