Financial Performance - The company reported net income of $34 million[8] - Total revenue increased to $248 million[8] - Diluted earnings per share reached $039[18] Balance Sheet and Capitalization - Tangible book value per share stood at $3957[8] - Total deposits increased by 59% from 2Q23[8], representing an increase of $2292 million[12], and are up 279% from 3Q22[12] - Adjusted tangible common equity to adjusted tangible assets was 777%, excluding AOCI and adjusting for normalized cash balances[8] - The loans to deposits ratio declined to 915%[18] Loan Portfolio - Commercial loan balances increased by $772 million, or 27%, compared to 2Q23[10] - Yield on loans funded in 3Q23 increased to 892%, up 50 bps from 2Q23[8] - Office CRE exposure remains less than 1% of total loan balances[8, 18] Deposits - Estimated uninsured deposit balances represent 23% of total deposits, down from 24% in 2Q23[25]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ________ to ________. Commission File Number 001-35750 First Internet Bancorp (Exact Name of Registrant as Specified in Its Charter) Indiana 20-3489991 (State ...

First Internet Bancorp (NASDAQ:INBK) Q2 2023 Earnings Conference Call July 27, 2023 2:00 PM ET Company Participants Larry Clark – Financial Profiles, Inc. David Becker – Chairman and Chief Executive Officer Ken Lovik – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Perito – KBW Brett Rabatin – Hovde Group Nathan Race – Piper Sandler John Rodis – Janney George Sutton – Craig-Hallum Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Confe ...

V Loan Portfolio Composition 25 Current C&I LOC utilization of 43% Average loan sizes C&I: $708,000 Owner-occupied CRE: $831,000 Minimal office exposure; 2.0% of combined loan balances consisting of suburban office space | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-----------------------|----------|-------|-------|-------|-------|------------------------------------| | | | | | | | | | | | | | | | | IN | 7% | | Other | | 17% | | C&I - Term Loans | 17% 4% | | AZ | 12% | 26% | Cons ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ________ to ________. Commission File Number 001-35750 First Internet Bancorp (Exact Name of Registrant as Specified in Its Charter) Indiana 20-3489991 (State ...

First Internet Bancorp (NASDAQ:INBK) Q1 2023 Results Conference Call April 27, 2023 2:00 PM ET Company Participants Larry Clark - MD, Financial Profiles David Becker - Chairman and CEO Ken Lovik - Executive VP and CFO Conference Call Participants Nathan Race - Piper Sandler Brett Rabatin - Hovde Group George Sutton - Craig-Hallum Ross Haberman - RLH Howard Henick - Scurlydog Capital Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the first quarter of 2023. ...

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022. or ☐ For the Transition Period From ________ to ________. Commission File Number 001-35750 First Internet Bancorp (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction ...

First Internet Bancorp (NASDAQ:INBK) Q4 2022 Results Conference Call January 26, 2023 2:00 PM ET Company Participants David Becker - Chairman, CEO Ken Lovik - EVP, CFO Conference Call Participants Brett Rabatin - Hovde Group George Sutton - Craig-Hallum Nathan Race - Piper Sandler John Rodis - Janney Nick Talboys - Financial Profiles, Inc. Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the Fourth Quarter and Full Year 2022. [Operator Instructions] Please ...

Financial Performance - Net income for the three months ended September 30, 2022, was $8,436 thousand, down 30.1% from $12,090 thousand in the prior year[14]. - Basic earnings per share decreased to $0.89 for the three months ended September 30, 2022, compared to $1.22 for the same period in 2021, a decline of 27.0%[14]. - Net income for the nine months ended September 30, 2022, was $29.19 million, a decrease of 18.1% compared to $35.64 million for the same period in 2021[22]. - Basic earnings per share for the nine months ended September 30, 2022, was $3.04, down from $3.59 in 2021, reflecting a 15.3% decline[30]. - The company reported a total comprehensive loss of $(39,143) thousand as of September 30, 2022[177]. - In Q3 2022, net income was $8.4 million, or $0.89 per diluted share, a decrease of $3.7 million, or 30.2%, from Q3 2021[198]. - For the nine months ended September 30, 2022, net income was $29.2 million, down $6.4 million, or 18.1%, compared to the same period in 2021[200]. Asset and Loan Growth - Total assets increased to $4,264,424 thousand as of September 30, 2022, compared to $4,210,994 thousand at December 31, 2021, reflecting a growth of 1.3%[12]. - Net loans rose to $3,226,040 thousand, up from $2,859,821 thousand, representing an increase of 12.8% year-over-year[12]. - Total loans amounted to $3,255,906 thousand, an increase from $2,887,662 thousand as of December 31, 2021, representing a growth of approximately 12.8%[42]. - Total commercial loans reached $2,535,065 thousand, up from $2,363,863 thousand, indicating an increase of about 7.2%[42]. - Residential mortgage loans increased significantly to $337,565 thousand from $186,770 thousand, reflecting an increase of approximately 80.5%[42]. - The company reported a significant increase in investor commercial real estate loans, rising to $91,021 thousand from $28,019 thousand, a growth of approximately 225.5%[42]. Income and Expense Analysis - Total interest income for the three months ended September 30, 2022, was $39,099 thousand, a 18.5% increase from $33,034 thousand in the same period of 2021[14]. - Noninterest income for the three months ended September 30, 2022, was $4,316 thousand, down 44.8% from $7,813 thousand in the same period of 2021[14]. - Total noninterest expense increased to $17,995 thousand for the three months ended September 30, 2022, up from $14,451 thousand in the prior year, an increase of 24.0%[14]. - Noninterest expense increased by $9.9 million, or 22.1%, for the nine months ended September 30, 2022, compared to the same period in 2021[200]. Loan Loss Provisions - Provision for loan losses was $892 thousand for the three months ended September 30, 2022, compared to a reversal of $29 thousand in the same period of 2021[14]. - The provision for loan losses increased to $2.87 million in 2022 from $1.27 million in 2021, indicating a rise of 126.6%[22]. - The total allowance for loan losses increased to $29,866,000 as of September 30, 2022, compared to $28,000,000 at the same date in 2021, reflecting a year-over-year increase of approximately 6.67%[58]. - The provision charged to expense for the three months ended September 30, 2022, was $892,000, while the charge-offs amounted to $236,000, resulting in a net increase in the allowance[58]. Securities and Investments - As of September 30, 2022, the total fair value of the company's investments in securities was $541.0 million, approximately 96% of the AFS and HTM securities portfolios[35]. - The total available-for-sale securities amounted to $393.565 million, with unrealized losses of $55.351 million[32]. - The total held-to-maturity securities were valued at $169.977 million, with unrealized losses of $21.089 million[32]. - The company's portfolio consisted of 447 securities, with 438 in an unrealized loss position[35]. - The unrealized losses were primarily due to fluctuations in market interest rates after purchase[36]. Shareholder Equity and Dividends - Total shareholders' equity as of September 30, 2022, was $360.86 million, a decrease from $370.44 million as of September 30, 2021[20]. - The company declared dividends of $0.18 per share for the nine months ended September 30, 2022, totaling $1.74 million[22]. Capital and Debt Management - The Company issued $60.0 million aggregate principal amount of 3.75% Fixed-to-Floating Rate Subordinated Notes due 2031, which are intended to qualify as Tier 2 capital under regulatory guidelines[94]. - The Company redeemed the 2026 Notes in full on September 30, 2021, which had an aggregate principal amount of $25.0 million[91]. - The company has contracted capital expenditures of $69.2 million for the construction of its corporate headquarters and parking garage, with $6.1 million yet to be incurred as of September 30, 2022[113]. Market and Economic Conditions - The company expects to adopt the new credit loss standard on January 1, 2023, which may result in an increase in the allowance for loan and lease losses (ALLL)[185]. - The company has a working group focused on the implementation of the current expected credit losses (CECL) model, with model validation expected to be completed in Q4 2022[184]. - The company suspended the guidance on accounting for troubled debt restructurings (TDRs) related to COVID-19 under the CARES Act[186]. Miscellaneous - The company was incorporated in Indiana on September 15, 2005, and its banking operations commenced in 1999[191]. - The company has three wholly-owned subsidiaries providing various financial services, including public finance lending and real estate management[192].

FIRST IN · . . Financial Results Third Quarter 2022 ® all and not and and out and ad ad ad an Forward-Looking Statements & Non-GAAP Financial Measures 2 This presentation contains forward-looking statements, including statements with respect to the financial condition, results of operations, trends in lending policies and loan programs, plans and prospective business partnerships, objectives, future performance and business of the Company. Forward-looking statements are generally identifiable by the use of ...