First Internet Bancorp (INBK)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
QuarterlyIQ Insights · INBK
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Results of Operations and Financial Condition On July 30, 2026, First Internet Bancorp (the “ Company ” ) issued a press release announcing its financial results for the quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On July 30, 2026 at 5:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended June 30, 2026. The electronic pr…
Results of Operations and Financial Condition On April 30, 2026 First Internet Bancorp (the “ Company ” ) issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On April 30, 2026 at 5:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended March 31, 2026. The electronic…
Results of Operations and Financial Condition On January 29, 2026, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On January 29, 2026, at 5:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter and year ended Decemb…
Results of Operations and Financial Condition On October 22, 2025, First Internet Bancorp (the “ Company ” ) issued a press release announcing its financial results for the quarter ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On October 23, 2025, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended September 30, 2025.…
Other Items On October 20, 2025, the Board of Directors of the Company authorized the repurchase of up to $25.0 million of the Company's outstanding common stock from time to time on the open market or in privately negotiated transactions. The stock repurchase authorization is scheduled to expire on September 30, 2027. The stock repurchase authorization may be modified, suspended, or discontinued at any time and does not commit the Company to repurchase shares of its common stock. The actual…
Material Impairments As a result of the Bank’s entry into the Agreement on September 5, 2025, all the loans in the Portfolios have been transferred to loans held for sale and management has determined that a material charge for impairment is required under generally accepted accounting principles applicable to First Internet Bancorp (“GAAP”). First Internet Bancorp (the “Company”) estimates that it will recognize an after-tax charge in the quarter ending September, 30, 2025 of approximately $…
Entry into a Material Definitive Agreement On September 5, 2025, First Internet Bancorp’s wholly-owned subsidiary, First Internet Bank of Indiana (the “Bank”), entered into a Loan Portfolio Purchase Agreement (the “Agreement”) with entities affiliated with Blackstone Real Estate Debt Strategies (collectively, the “Purchasers”), pursuant to which the Bank agreed to sell up to $869 million of performing single-tenant lease financing loans (the “Portfolio”). The Portfolio is expected to be sold…
Results of Operations and Financial Condition On July 23, 2025, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On July 24, 2025, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended June 30, 2025. The electronic pres…
Results of Operations and Financial Condition On April 23, 2025, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On April 24, 2025, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended March 31, 2025. The electronic…
Results of Operations and Financial Condition On January 22, 2025, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On January 23, 2025, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter and year ended Decemb…
Results of Operations and Financial Condition On October 23, 2024, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On October 24, 2024, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended September 30, 2024. The…
Results of Operations and Financial Condition On July 24, 2024, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On July 25, 2024, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended June 30, 2024. The electronic pres…
Results of Operations and Financial Condition On April 24, 2024, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On April 25, 2024, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended March 31, 2024. The electronic…
Results of Operations and Financial Condition On January 24, 2024, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On January 25, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss financial results for the quarter and year ended December 31, 202…
Other Events On December 18, 2023, the Board of Directors of the Company extended the Company’s existing stock repurchase program, which had been set to expire on December 31, 2023, through and including December 31, 2024. The stock repurchase program authorizes the repurchase of the Company's outstanding common stock from time to time on the open market or in privately negotiated transactions. A copy of a press release announcing the stock repurchase program is furnished as Exhibit 99.1 to t…
Results of Operations and Financial Condition On October 25, 2023, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On October 26, 2023 at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended September 30, 2023. The…
Results of Operations and Financial Condition On July 26, 2023, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On July 27, 2023 at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended June 30, 2023. The electronic prese…
Results of Operations and Financial Condition In connection with the publication of its results of operations for the first quarter ended March 31, 2023, First Internet Bancorp (the “Company”) previously announced a partial charge-off of $4.7 million resulting from adverse developments regarding a single commercial and industrial participation loan. As a result of new information delivered to us after those results were published, including terms of a now pending loan restructuring and payoff…
by reference. We do not expect any future cash expenditures related to the impairment.
Regulation FD Disclosure Reaffirming Financial Strength In light of recent developments in the banking industry, the following provides updated information regarding recent results of operations and financial condition: • Deposit balances totaled $3.8 billion as of April 30, 2023, up $182.2 million, or 5.0%, from March 31, 2023. • No unusual deposit outflows through May 3, 2023. • Current cash and unused borrowing capacity represents 159% of adjusted uninsured deposits. • The loans to deposit…
Results of Operations and Financial Condition On April 26, 2023, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On April 27, 2023 at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss its financial results for the quarter ended March 31, 2023. The electronic p…
Costs Associated with Exit or Disposal Activities Effective today, and because of the steep decline in mortgage volumes and the negative outlook for mortgage lending over the next several years, the Company committed to exiting the consumer mortgage business during the first quarter of 2023. This action is expected to reduce total annual noninterest expense by approximately $6.8 million and increase annualized pre-tax income by approximately $2.7 million, with 80% of the benefit realized in 2…
Results of Operations and Financial Condition On January 25, 2023, First Internet Bancorp (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2022. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. On January 26, at 2:00 p.m. (Eastern Time), the Company will host a conference call and webcast to discuss financial results for the quarter and year ended December 31, 202…
Other Events On December 19, 2022, the Board of Directors of the Company approved a new stock repurchase program authorizing the repurchase of up to $25.0 million of the Company's outstanding common stock from time to time on the open market or in privately negotiated transactions. The stock repurchase program is scheduled to expire on December 31, 2023, and replaces the Company’s previously announced stock repurchase program. A copy of a press release announcing the stock repurchase program…
Director — Ana Dutra: Ms. Dutra resigned to spend more time on her existing personal and professional responsibilities.
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