Highest-materiality recent filing
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.
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.
Net income $5.3M ($0.60 diluted EPS); adjusted EPS $0.64 excluding $0.4M loan sale loss.
First Internet Bancorp Q3 adjusted revenue up 30% YoY to $43.5M; NIM expands
Adjusted revenue grew 30% YoY to $43.5M; adjusted pre-tax pre-provision income $18.1M (up >50% QoQ).
First Internet Bancorp completes $836.9M loan portfolio sale to Blackstone affiliates
Sold $836.9M principal balance of single-tenant lease financing loans; net proceeds $794.2M after costs.
First Internet Bancorp sells $869M loan portfolio to Blackstone, expects $33.5M impairment charge
Agreement to sell up to $869M of performing single-tenant lease financing loans at ~95% of unpaid principal balance.
First Internet Bancorp Q2 net income $0.2M, diluted EPS $0.02; credit issues persist
Net income $0.2M ($0.02 diluted EPS); PTPP $11.7M, +17.2% YoY but -1.8% QoQ.
First Internet Bancorp Q1 2025 net income $0.9M, EPS $0.11; NIM expands 16 bps
Net income of $0.9M and diluted EPS of $0.11; PTPP of $12.0M, up 10.8% QoQ and 48.5% YoY.
First Internet Bancorp Q4 net income $7.3M (+4.9% QoQ); FY net income $25.3M (+200% YoY)
Q4 diluted EPS $0.83 (+3.8% QoQ); net interest margin 1.67% (+5 bps).
First Internet Bancorp Q3 net income $7.0M (+21% QoQ), EPS $0.80; record SBA gain-on-sale revenue
Net income $7.0M, diluted EPS $0.80, up 21% and 19.4% QoQ, respectively.
First Internet Bancorp Q2 net income $5.8M, EPS $0.67; adjusted EPS $0.72
Net income of $5.8M, up 11.5% QoQ; adjusted net income $6.2M, up 20.2% QoQ.
First Internet Bancorp Q1 net income $5.2M, EPS $0.59, up 25% QoQ
Diluted EPS of $0.59, up 22.9% from Q4 2023; net income $5.2M, up 25.1%.
First Internet Bancorp Q4 net income rises 21.5% sequentially; NIM expands 19 bps
Q4 net income $4.1M ($0.48 diluted EPS) up 21.5% from Q3; full year net income $9.9M ($1.17 EPS).
First Internet Bancorp Q3 net income $3.4M; NIM 1.39%, deposits up 5.9% QoQ
Net income $3.4M ($0.39 diluted EPS); NIM fell to 1.39% from 1.53% QoQ on higher deposit costs.
First Internet Bancorp Q2 EPS $0.44; deposits up 6.4% QoQ; NIM narrows to 1.53%
Net income $3.9M, diluted EPS $0.44; deposit growth $232M (+6.4% QoQ).
First Internet Bancorp adds $2.2M charge-off, posts Q1 net loss $3.0M; deposits up 5%
Additional partial charge-off of $2.2M on a participation loan; total impairment of $6.9M.
First Internet Bancorp Q1 net loss $1.3M, adjusted EPS $0.53; deposit growth $181M
Net loss $1.3M ($0.14 EPS); adjusted net income $4.8M ($0.53 EPS) excluding $4.7M charge-off and $3.0M mortgage exit costs.
First Internet Bancorp Q4 net income $6.4M ($0.68 EPS); exits consumer mortgage business
Net income Q4 $6.4M ($0.68 diluted) vs $8.4M ($0.89) linked quarter and $12.5M ($1.25) year ago. Full year 2022 net income $35.5M ($3.70 EPS).
First Internet Bancorp Q3 2022: net income $8.4M, EPS $0.89; loan growth 5.6% QoQ
Net income $8.4M ($0.89 diluted EPS) vs $9.5M ($0.99) in Q2 2022 and $12.1M ($1.21) in Q3 2021.
First Internet Bancorp Q2 net income $9.5M ($0.99 EPS), down from Q1 and YoY
Net income $9.5M ($0.99 diluted EPS) vs $11.2M ($1.14) Q1'22 and $13.1M ($1.31) Q2'21.
First Century terminates merger with First Internet Bancorp after failing to agree on extension
First Century terminated the merger agreement on May 1, 2022; deal was to close by April 30.
First Internet Bancorp Q1 2022 net income $11.2M ($1.14 EPS); NIM 2.56%, acquisition expected May
Q1 net income $11.2M ($1.14 EPS) vs $12.5M ($1.25) in Q4 2021 and $10.5M ($1.05) in Q1 2021.
First Internet Bancorp Q4 2021 diluted EPS $1.25; record FY net income $48.1M
Record full-year net income $48.1M, diluted EPS $4.82 vs $29.5M and $2.99 in 2020.
Ana Dutra will resign from our Board of Directors effective December 31, 2022 to spend more time on her existing personal and professional responsibilities.
On April 20, 2022, C. Charles Perfetti, Executive Vice President and Secretary of First Internet Bancorp (the “Company”) and First Internet Bank of Indiana (the “Bank”) gave notice of his intention to step away from his positions with the Company and its subsidiaries, including the Bank, with a target effective date of June 10, 2022.
On December 9, 2021, the Board of Directors (the “Board”) of First Internet Bancorp (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee, increased the size of the Board from eight members to ten members and appointed Justin P. Christian and Ann Colussi Dee to fill the resulting vacancies
On December 9, 2021, the Board of Directors (the “Board”) of First Internet Bancorp (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee, increased the size of the Board from eight members to ten members and appointed Justin P. Christian and Ann Colussi Dee to fill the resulting vacancies
Max materiality 0.85 · Median 0.45 · Most common event earnings