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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

First Internet Bancorp (INBK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
    Interest income:  
        Interest income on loans  165.7151.3140.6131.9127.4125.8123.5122.8
        Interest income on investments  16.214.412.510.810.19.49.09.1
       194.9172.9156.9145.4139.4136.6133.9133.3
        Interest on deposits  91.363.041.829.426.027.329.834.0
    Total interest expense  111.582.059.846.543.544.947.351.4
Net interest income  83.490.997.198.995.991.886.681.9
Provision for loan losses   9.4   0.8  
Net interest income after provision for loan losses  74.081.596.398.195.191.086.681.9
        Other non-interest income  21.419.921.323.126.631.332.837.8
Total non-interest income  21.419.921.323.126.631.332.837.8
Non-interest expenses  76.175.473.371.768.265.361.859.4
Pre-tax income before non-recurring items  14.621.840.150.355.159.859.156.2
Non-recurring items        2.5 
Pre-tax income  14.621.840.147.752.657.356.656.2
Income taxes  -1.10.44.66.17.38.48.59.5
            Tax rate   2.0%11.4%12.7%13.9%14.7%15.0%16.9%
Net income  15.721.335.541.745.348.948.146.7
            Net margin  16.4%21.0%30.2%34.4%37.2%40.0%40.3%39.0%
   
Basic EPS  $1.70$2.27$3.70$4.30$4.62$4.94$4.85$4.72
Diluted EPS  $1.69$2.26$3.68$4.27$4.59$4.91$4.82$4.70
   
Shares outstanding (basic)  9.29.49.69.79.89.99.99.9
Shares outstanding (diluted)  9.39.59.79.89.910.010.09.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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