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

Issuer:     First Internet Bancorp (INBK)
CIK:        0001562463
Form:       8-K
Filed at:   2026-07-30T20:10:33+00:00
Accession:  0001562463-26-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Internet Bancorp Q2 net income $2.4M, EPS $0.27; credit quality improves
------------------------------------------------------------------------------

- Net income of $2.4M vs $0.2M a year ago; diluted EPS $0.27 vs $0.02.
- Provision for credit losses $13.4M, down from $16.3M in Q1; nonaccrual loans down 14% QoQ.
- Revenue $41.1M, up 23% YoY; net interest income up 16%; NIM 2.47% (+43 bps).
- Noninterest income up 56% YoY; BaaS fee revenue up 172% from prior year.
- Delinquencies 30+ days fell to 0.78% of performing loans from 1.06% in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562463/000156246326000083/0001562463-26-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562463/000156246326000083/inbk-20260730.htm
  HTML page:      https://secwatch.observer/filing/0001562463-26-000083

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