Financial Ratios First Internet Bancorp

Stocks

INBK

US3205571017

Banks

Market Closed - Nasdaq Other stock markets 06:00:00 07/08/26 am AEST			5-day change	1st Jan Change
29.26 ^USD	-0.27%		+9.51%	+40.20%

31/07	First Internet Bancorp, Q2 2026 Earnings Call, Jul 30, 2026
31/07	First Internet Bancorp Reports Net Charge-Offs for the Second Quarter Ended June 30, 2026	CI

b51830e.ZrYk24uOUCiIeyxsq0AzfSBLPif2oB96fBJj_nr_vF4.IoMUq8XMfXm-Fl0v5ydrG28KUXKwxXssPlZayBix7C8FxF6q1NZpEO00Rw

Published financial data: FIRST INTERNET BANCORP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	123M	141M	192M	234M	260M
Interest Income On Investments	10.42M	16.31M	47.1M	58.04M	60.32M
Interest Income, Total	134M	157M	239M	292M	320M
Interest On Deposits	29.82M	41.83M	143M	183M	188M
Total Interest On Borrowings	17.5M	17.98M	21.18M	21.36M	18.01M
Interest Expense, Total	47.33M	59.82M	165M	205M	206M
Net Interest Income	86.56M	97.09M	74.9M	87.38M	114M
Total Mortgage Banking Activities	15.05M	5.46M	76K	-	-
Gain (Loss) on Sale of Loans	11.6M	11.37M	20.53M	33.33M	-8.31M
Gain (Loss) on Sale of Assets	2.52M	-	-	-	-
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-	-	-	-	-
Total Other Non Interest Income	3.67M	4.42M	5.52M	14.02M	11.02M
Non Interest Income, Total	32.84M	21.26M	26.12M	47.34M	2.71M
Revenues Before Provison For Loan Losses	119M	118M	101M	135M	116M
Provision For Loan Losses	1.03M	4.98M	16.65M	17.07M	72.31M
Total Revenues	118M	113M	84.38M	118M	44.16M
Salaries And Other Employee Benefits	35.83M	39.52M	44.06M	49.94M	49.8M
Occupancy Expense	7.06M	10.69M	10.6M	11.9M	13.67M
Federal Deposit Insurance	1.21M	1.15M	3.88M	5M	6.11M
Selling General & Admin Expenses, Total	11.19M	12.4M	9.28M	10.6M	10.68M
(Income) Loss on Real Estate Property	-	-	-	-	-
Total Other Non Interest Expense	6.34M	9.51M	11.61M	12.67M	14.76M
Non Interest Expense, Total	61.64M	73.27M	79.44M	90.11M	95.03M
EBT, Excl. Unusual Items	56.74M	40.1M	4.94M	27.54M	-50.87M
Total Merger & Related Restructuring Charges	-163K	-	-	-	-
EBT, Incl. Unusual Items	56.57M	40.1M	4.94M	27.54M	-50.87M
Income Tax Expense	8.46M	4.56M	-3.48M	2.27M	-15.7M
Earnings From Continuing Operations	48.11M	35.54M	8.42M	25.28M	-35.17M
Net Income to Company	48.11M	35.54M	8.42M	25.28M	-35.17M
Net Income - (IS)	48.11M	35.54M	8.42M	25.28M	-35.17M
Net Income to Common Incl Extra Items	48.11M	35.54M	8.42M	25.28M	-35.17M
Net Income to Common Excl. Extra Items	48.11M	35.54M	8.42M	25.28M	-35.17M
Per Share Items
Net EPS - Basic	4.85	3.73	0.95	2.91	-4.03
Basic EPS - Continuing Operations	4.85	3.73	0.95	2.91	-4.03
Basic Weighted Average Shares Outstanding	9.92M	9.53M	8.84M	8.69M	8.73M
Net EPS - Diluted	4.82	3.7	0.95	2.88	-4.03
Diluted EPS - Continuing Operations	4.82	3.7	0.95	2.88	-4.03
Diluted Weighted Average Shares Outstanding	9.98M	9.6M	8.86M	8.77M	8.73M
Normalized Basic EPS	3.58	2.63	0.35	1.98	-3.64
Normalized Diluted EPS	3.55	2.61	0.35	1.96	-3.64
Dividend Per Share	0.24	0.24	0.24	0.24	0.24
Payout Ratio	5.02	6.52	25.61	8.22	-5.93
Supplemental Items
Effective Tax Rate - (Ratio)	14.95	11.37	-70.38	8.23	30.87
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	6.02M	-73K	876K	3.62M	2.4M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	2.43M	4.63M	-4.35M	-1.36M	-18.1M
Normalized Net Income	35.46M	25.06M	3.09M	17.21M	-31.79M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	2.39M	2.04M	1.26M	1.81M	1.22M
Total Stock-Based Compensation	2.39M	2.04M	1.26M	1.81M	1.22M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	443M	257M	406M	466M	457M
Investment Securities, Total	237M	210M	263M	251M	239M
Trading Asset Securities, Total	718K	8.88M	5.82M	200K	210K
Mortgage Backed Securities	426M	369M	439M	586M	791M
Total investments	663M	588M	708M	837M	1.03B
Gross Loans	2.89B	3.5B	3.84B	4.17B	3.75B
Allowance For Loan Losses	-27.84M	-31.74M	-38.77M	-44.77M	-55.69M
Net Loans	2.86B	3.47B	3.8B	4.13B	3.69B
Gross Property Plant And Equipment	66.57M	83.61M	88.32M	90.92M	91.9M
Accumulated Depreciation	-6.72M	-10.9M	-14.86M	-19.47M	-23.97M
Net Property Plant And Equipment	59.84M	72.71M	73.46M	71.45M	67.93M
Goodwill	4.69M	4.69M	4.69M	4.69M	4.69M
Investment in FHLB	25.65M	28.35M	28.35M	28.35M	28.35M
Loans Held For Sale	47.74M	21.51M	22.05M	54.7M	109M
Accrued Interest Receivable	46.44M	57.05M	72.01M	90.77M	117M
Restricted Cash	15.7M	-	-	-	-
Other Real Estate Owned And Foreclosed	1.22M	42K	392K	484K	2.82M
Other Long-Term Assets, Total	43.6M	46.11M	51.45M	57.78M	65.35M
Total Assets	4.21B	4.54B	5.17B	5.74B	5.57B
Liabilities
Accrued Expenses, Total	30.53M	14.51M	14.18M	17.74M	15.15M
Interest Bearing Deposits	2.73B	2.78B	3.24B	4.02B	4.09B
Institutional Deposits	327M	485M	704M	777M	605M
Non-Interest Bearing Deposits	118M	175M	123M	136M	147M
Total Deposits	3.18B	3.44B	4.07B	4.93B	4.84B
Short-Term Borrowings	-	-	-	200K	210K
Current Portion of Long-Term Debt	110M	145M	255M	50M	10M
Current Portion of Leases	-	-	-	-	-
Long-Term Debt	104M	105M	105M	105M	105M
Federal Home Loan Bank Debt - Long-Term	405M	470M	360M	245M	240M
Long-Term Leases	-	-	-	-	-
Accrued Interest Payable	2.02M	2.91M	3.85M	2.5M	1.74M
Total Liabilities	3.83B	4.18B	4.8B	5.35B	5.21B
Common Stock, Total	219M	193M	185M	186M	187M
Retained Earnings	172M	206M	207M	231M	193M
Comprehensive Income and Other	-11.04M	-33.64M	-29.38M	-32.65M	-20.13M
Total Common Equity	380M	365M	363M	384M	360M
Total Equity	380M	365M	363M	384M	360M
Total Liabilities And Equity	4.21B	4.54B	5.17B	5.74B	5.57B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.68M	8.95M	8.66M	8.7M	8.72M
ECS Total Common Shares Outstanding	9.75M	9.07M	8.64M	8.67M	8.69M
Book Value / Share	38.99	40.26	41.97	44.31	41.41
Tangible Book Value	376M	360M	358M	379M	355M
Tangible Book Value Per Share	38.51	39.74	41.43	43.77	40.87
Tangible Book Value Per Share (As Reported)	38.51	39.74	41.43	43.77	40.87
Average Assets	4.21B	4.17B	4.97B	5.46B	5.85B
Average Loans	3B	3.14B	3.69B	4B	4.22B
Total Debt	619M	719M	720M	400M	355M
Deposits at Interest - Cash	435M	239M	398M	457M	451M
Net Debt	175M	454M	308M	-66.26M	-102M
Full Time Employees	282	314	287	323	354
Part Time Employees	4	5	3	3	1
Number Of Offices	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	48.11M	35.54M	8.42M	25.28M	-35.17M
Depreciation, Depletion & Amortization	8.78M	8.73M	5.75M	8.46M	6.19M
Total Depreciation, Depletion & Amortization	8.78M	8.73M	5.75M	8.46M	6.19M
Gain (Loss) on Sale of Loans & Receivables - (CF)	-29.4M	-17.47M	-21M	-33.33M	8.31M
(Gain) Loss On Sale of Asset - (CF)	-2.52M	-	-	-27K	260K
(Gain) Loss on Sale of Investments - (CF)	1.51M	-2.57M	-384K	4.77M	-
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	1.75M	5.16M	16.8M	17.07M	72.31M
Stock-Based Compensation (CF)	2.39M	2.04M	1.26M	1.81M	1.22M
Net (Increase) Decrease in Loans Originated / Sold - Operating	17.42M	39.95M	14.54M	-7.67M	-36.08M
Change in Other Net Operating Assets (Collected)	7.18M	7.68M	-8.32M	3.97M	5.66M
Other Operating Activities	-373K	3.67M	-5.38M	-7.34M	-19.26M
Cash from Operations	54.84M	82.72M	11.68M	12.99M	3.45M
Capital Expenditure	-29.89M	-17.52M	-5.37M	-2.59M	-1.23M
Sale of Property, Plant, and Equipment	8.12M	-	-	-	-
Sale (Purchase) of Real Estate Properties (Collected)	-	1.19M	-	623K	547K
Investment in Marketable and Equity Securities, Total	-107M	33.91M	-112M	-138M	-177M
Net (Increase) Decrease in Loans Originated / Sold - Investing	169M	-612M	-353M	-344M	317M
Other Investing Activities, Total	4.43M	-6.21M	-4.46M	-12.85M	-10.31M
Cash from Investing	43.87M	-601M	-475M	-496M	129M
Long-Term Debt Issued, Total	499M	615M	475M	430M	104M
Total Debt Issued	499M	615M	475M	430M	104M
Long-Term Debt Repaid, Total	-475M	-515M	-475M	-750M	-150M
Total Debt Repaid	-475M	-515M	-475M	-750M	-150M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-4.44M	-27.78M	-9.34M	-283K	-521K
Common Dividends Paid	-2.42M	-2.32M	-2.16M	-2.08M	-2.09M
Common & Preferred Stock Dividends Paid	-2.42M	-2.32M	-2.16M	-2.08M	-2.09M
Net Increase (Decrease) in Deposit Accounts - (CF)	-91.93M	262M	624M	866M	-93.39M
Other Financing Activities, Total	-441K	-287K	-153K	-182K	-262K
Cash from Financing	-75.56M	332M	612M	544M	-142M
Net Change in Cash	23.15M	-186M	149M	60.51M	-9.63M
Supplemental Items
Cash Interest Paid	46.75M	58.92M	164M	206M	207M
Cash Income Tax Paid (Refund)	7.04M	2M	939K	684K	99K
Net Debt Issued / Repaid	23.66M	100M	0	-320M	-45.5M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.14	0.81	0.17	0.46	-0.62
Return On Equity %	13.53	9.54	2.31	6.77	-9.46
Return on Common Equity	13.53	9.54	2.31	6.77	-9.46
Shareholders Value Added	5.54M	-9.18M	-35.25M	-19.54M	-79.8M
Margin Analysis
SG&A Margin	45.69	55.22	75.78	61.57	167.93
Net Interest Income / Total Revenues %	73.12	85.64	88.77	74.27	257.62
EBT Excl. Non-Recurring Items Margin %	47.93	35.37	5.85	23.41	-115.2
Income From Continuing Operations Margin %	40.65	31.35	9.98	21.48	-79.64
Net Income Margin %	40.65	31.35	9.98	21.48	-79.64
Net Avail. For Common Margin %	40.65	31.35	9.98	21.48	-79.64
Normalized Net Income Margin	29.96	22.11	3.66	14.63	-72
Asset quality
Nonperforming Loans / Total Loans %	0.26	0.22	0.26	0.68	1.56
Nonperforming Loans / Total Assets %	0.18	0.17	0.19	0.5	1.05
Nonperforming Assets / Total Assets %	0.2	0.17	0.2	0.5	1.1
NPAs / Loans and OREO	0.3	0.22	0.27	0.69	1.64
NPAs / Equity	2.27	2.07	2.85	7.53	17.05
Allowance for Credit Losses / Net Charge-offs %	1.04K	2.94K	340.75	349.21	91.28
Allowance for Credit Losses / Nonperforming Loans %	376.18	421.53	389.22	157.52	95.13
Allowance for Credit Losses / Total Loans %	0.96	0.91	1.01	1.07	1.49
Net Charge-offs / Total Average Loans %	0.09	0.03	0.31	0.32	1.44
Provision for Loan Losses / Net Charge-offs %	38.53	460.41	146.35	133.15	118.54
Earning Assets / IBL	110.71	110.17	107.73	106.81	107.07
Interest Income / Average Assets	3.18	3.76	4.82	5.34	5.47
Interest Expense / Average Assets	1.13	1.43	3.31	3.74	3.53
Net Interest Income / Average Assets	2.06	2.33	1.51	1.6	1.94
Non Interest Income / Average Assets	0.78	0.51	0.53	0.87	0.05
Non Interest Expense / Average Asset	1.47	1.76	1.6	1.65	1.62
Capital And Funding
Total Average Common Equity / Total Average Assets %	8.41	8.51	7.49	6.85	6.58
Total Average Equity / Total Average Assets %	8.41	8.51	7.49	6.85	6.58
Total Equity + Allowance for Loan Losses / Total Loans %	14.14	11.34	10.46	10.28	11.09
Gross Loans / Total Deposits %	90.84	101.69	94.42	84.54	77.41
Net Loans / Total Deposits %	89.96	100.77	93.47	83.63	76.26
Tier 1 Capital Ratio %	12.93	10.93	9.6	9.3	8.97
Total Capital Ratio %	17.37	14.75	13.23	12.62	12.5
Core Tier 1 Capital Ratio	12.93	10.93	9.6	9.3	8.97
Equity Tier 1 Capital Ratio	8.93	7.94	6.94	6.62	6.38
Coverage Ratio	254.49	126.22	389.22	241.72	262.74
Leverage Ratio %	9.22	9.06	7.33	6.9	6.24
Fixed Charges Coverage
EBT + Interest on Borrowings / Interest on Borrowings	4.23	3.23	1.23	2.29	-1.82
EBT + Interest Expense / Interest Expense	2.2	1.67	1.03	1.13	0.75
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	34.11	12.17	-22.85	16.65	30.19
Non Interest Income, 1 Yr. Growth %	-9.61	-35.28	22.9	81.22	-94.27
Provision For Loan Losses, 1 Yr. Growth %	-88.95	383.2	234.6	2.5	323.63
Total Revenues, 1 Yr. Growth %	29.29	-4.22	-25.58	39.44	-62.47
Earnings From Cont. Operations, 1 Yr. Growth %	63.36	-26.13	-76.32	200.3	-239.14
Net Income, 1 Yr. Growth %	63.36	-26.13	-76.32	200.3	-239.14
Normalized Net Income, 1 Yr. Growth %	67.37	-29.12	-87.68	457.53	-284.7
Diluted EPS Before Extra, 1 Yr. Growth %	61.2	-23.24	-74.32	203.16	-239.93
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	0
Gross Loans, 1 Yr. Growth %	-5.61	21.18	9.74	8.6	-10.16
Allowance For Loan Losses, 1 Yr. Growth %	-5.57	13.99	22.17	15.46	24.39
Net Loans, 1 Yr. Growth %	-5.61	21.25	9.63	8.53	-10.54
Non Performing Loans, 1 Yr. Growth %	-27.32	1.73	32.32	185.29	105.97
Non Performing Assets, 1 Yr. Growth %	-15.66	-12.15	36.76	179.17	112.26
Total Assets, 1 Yr. Growth %	-0.83	7.89	13.75	11.04	-2.9
Total Deposits, 1 Yr Growth %	-2.81	8.25	18.18	21.3	-1.89
Tangible Book Value, 1 Yr. Growth %	15.14	-4.09	-0.6	5.94	-6.4
Average Interest Earning Assets, 1 Yr. Growth %	-1.94	-1.5	19.25	9.88	7.15
Average Interest Bearing Liabilities, 1 Yr. Growth %	-2.95	-1.01	21.94	10.83	6.89
Common Equity, 1 Yr. Growth %	14.93	-4.04	-0.6	5.86	-6.33
Total Equity, 1 Yr. Growth %	14.93	-4.04	-0.6	5.86	-6.33
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	17.24	22.65	-6.97	-5.14	23.24
Non Interest Income, 2 Yr. CAGR %	39.87	-23.51	-10.81	49.24	-67.78
Provision For Loan Losses, 2 Yr. CAGR %	-58.45	-26.94	302.09	85.2	108.38
Total Revenues, 2 Yr. CAGR %	26.65	11.28	-15.57	1.87	-27.66
Earnings From Cont. Operations, 2 Yr. CAGR %	38.07	9.85	-58.17	-15.67	104.41
Net Income, 2 Yr. CAGR %	38.07	9.85	-58.17	-15.67	104.41
Normalized Net Income, 2 Yr. CAGR %	44.54	8.76	-70.45	-17.12	220.9
Diluted EPS Before Extra, 2 Yr. CAGR %	38.58	11.24	-55.6	-11.77	105.96
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	0
Gross Loans, 2 Yr. CAGR %	-1.29	6.95	15.32	9.17	-1.22
Allowance For Loan Losses, 2 Yr. CAGR %	12.91	3.75	18.01	18.77	19.84
Net Loans, 2 Yr. CAGR %	-1.4	6.98	15.29	9.08	-1.46
Non Performing Loans, 2 Yr. CAGR %	6.06	-14.01	16.02	94.29	142.41
Non Performing Assets, 2 Yr. CAGR %	-0.59	-13.92	9.61	95.39	143.43
Total Assets, 2 Yr. CAGR %	1.34	3.44	10.78	12.38	3.84
Total Deposits, 2 Yr CAGR %	0.4	2.57	13.11	19.73	9.09
Tangible Book Value, 2 Yr. CAGR %	11.86	5.09	-2.36	2.61	-0.42
Average Interest Earning Assets, 2 Yr. CAGR %	3.67	-1.72	8.38	14.47	8.51
Average Interest Bearing Liabilities, 2 Yr. CAGR %	2.75	-1.98	9.87	16.25	8.84
Common Equity, 2 Yr. CAGR %	11.69	5.02	-2.33	2.58	-0.42
Total Equity, 2 Yr. CAGR %	11.69	5.02	-2.33	2.58	-0.42
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	11.6	15.53	5.09	0.32	5.42
Non Interest Income, 3 Yr. CAGR %	55.35	8.18	-10.41	12.96	-49.66
Provision For Loan Losses, 3 Yr. CAGR %	-35.8	-5.86	21.32	154.96	144.02
Total Revenues, 3 Yr. CAGR %	20.81	15.39	-2.68	-0.2	-26.97
Earnings From Cont. Operations, 3 Yr. CAGR %	30	12.09	-34.13	-19.31	-0.35
Net Income, 3 Yr. CAGR %	30	12.09	-34.13	-19.31	-0.35
Normalized Net Income, 3 Yr. CAGR %	33.3	13.87	-47.38	-21.33	8.25
Diluted EPS Before Extra, 3 Yr. CAGR %	27.97	13.81	-31.76	-15.77	2.89
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	0
Gross Loans, 3 Yr. CAGR %	2.06	5.7	7.87	13.04	2.3
Allowance For Loan Losses, 3 Yr. CAGR %	15.87	13.27	9.56	17.16	20.61
Net Loans, 3 Yr. CAGR %	1.96	5.64	7.86	13	2.1
Non Performing Loans, 3 Yr. CAGR %	102.67	4.59	-0.73	56.6	98.11
Non Performing Assets, 3 Yr. CAGR %	34.93	-4.6	0.44	49.69	100.86
Total Assets, 3 Yr. CAGR %	5.94	3.48	6.77	10.86	7.04
Total Deposits, 3 Yr CAGR %	5.97	2.95	7.53	15.78	12.04
Tangible Book Value, 3 Yr. CAGR %	9.77	6.27	3.15	0.33	-0.48
Average Interest Earning Assets, 3 Yr. CAGR %	11.12	1.92	4.82	8.88	11.97
Average Interest Bearing Liabilities, 3 Yr. CAGR %	10.51	1.48	5.42	10.19	13.04
Common Equity, 3 Yr. CAGR %	9.62	6.18	3.11	0.33	-0.48
Total Equity, 3 Yr. CAGR %	9.62	6.18	3.11	0.33	-0.48
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	16.88	12.46	3.76	6.77	12
Non Interest Income, 5 Yr. CAGR %	18.46	15.06	24.43	23.04	-40.49
Provision For Loan Losses, 5 Yr. CAGR %	-24.96	0.43	33.74	23.4	50.63
Total Revenues, 5 Yr. CAGR %	19.08	13.7	4.68	9.78	-13.57
Earnings From Cont. Operations, 5 Yr. CAGR %	31.85	18.48	-17.41	0.03	3.61
Net Income, 5 Yr. CAGR %	31.85	18.48	-17.41	0.03	3.61
Normalized Net Income, 5 Yr. CAGR %	25.83	11.83	-27.08	0.28	8.46
Diluted EPS Before Extra, 5 Yr. CAGR %	15.95	11.68	-16.21	2.79	6.15
Dividend Per Share, 5 Yr. CAGR %	0	0	0	0	0
Gross Loans, 5 Yr. CAGR %	18.22	10.85	7.17	7.07	4.14
Allowance For Loan Losses, 5 Yr. CAGR %	20.45	16.22	16.72	15.44	13.56
Net Loans, 5 Yr. CAGR %	18.19	10.8	7.1	7	4.03
Non Performing Loans, 5 Yr. CAGR %	46.87	55.09	62.14	33.99	41.88
Non Performing Assets, 5 Yr. CAGR %	8.62	5.14	24.17	27.08	43.12
Total Assets, 5 Yr. CAGR %	17.83	10.42	7.85	6.95	5.58
Total Deposits, 5 Yr CAGR %	16.79	10.54	8.77	9.36	8.15
Tangible Book Value, 5 Yr. CAGR %	20.27	10.42	4.74	4.79	1.71
Average Interest Earning Assets, 5 Yr. CAGR %	20.73	12.3	10.01	6.76	6.28
Average Interest Bearing Liabilities, 5 Yr. CAGR %	20.24	11.87	10.25	7.15	6.77
Common Equity, 5 Yr. CAGR %	19.83	10.24	4.67	4.72	1.68
Total Equity, 5 Yr. CAGR %	19.83	10.24	4.67	4.72	1.68