FIRST IN · · . Financial Results Second Quarter 2021 Forward-Looking Statements & Non-GAAP Financial Measures This presentation may contain forward-looking statements with respect to the financial condition, results of operations, trends in lending policies, plans, objectives, future performance or business of the Company. Forward-looking statements are generally identifiable by the use of words such as "anticipate," "believe," "continue," "could," "designed," "estimate," "expect," "intend," "may," "optimis ...

First Internet Bancorp (NASDAQ:INBK) Q2 2021 Earnings Conference Call July 22, 2021 12:00 PM ET Company Participants Larry Clark - Financial Profiles David Becker - Chairman & CEO Kenneth Lovik - EVP & CFO Conference Call Participants Michael Perito - KBW Brett Rabatin - Hovde Group Nathan Race - Piper Sandler & Co. John Rodis - Janney Montgomery Scott Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the second quarter of 2021. [Operator Instructions]. I wo ...

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, 2021 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 ...

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $1.05, down 6% from the previous quarter but up 69% from Q1 2020 [21] - Net interest margin increased by 27 basis points sequentially to 2.18%, with a return on average assets of 1.02% for the second consecutive quarter [21] - Revenue for Q1 totaled $28.9 million, up 36% from Q1 2020, reflecting a diversified revenue stream [10] Business Line Data and Key Metrics Changes - Total portfolio loans at the end of Q1 were $3.1 billion, a 5.8% increase compared to Q1 2020 [23] - Noninterest income for the quarter was $8.4 million, down from $12.7 million in the previous quarter, primarily due to lower mortgage banking revenues [29] - The direct-to-consumer mortgage business continued to perform well, driven by low interest rates and a strong housing market [12] Market Data and Key Metrics Changes - The SBA 7(a) loan activity began to pick up in March, with a target of $200 million-plus in originations for 2021 [11] - The company maintained a competitive position in the SBA market despite a slower start to the year [11] - Nonperforming loans to total loans were 0.46%, indicating strong credit quality [32] Company Strategy and Development Direction - The company aims to scale its SBA business and explore innovative, technology-driven partnerships to enhance existing lines of business [15] - There is a focus on improving efficiency while enhancing customer experience for both existing and prospective clients [15] - The company is developing an ESG strategy to support community initiatives and diversity, equity, and inclusion [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's financial position and growth potential as the economy recovers from the pandemic [18] - The company anticipates continued improvement in net interest margin and expects to maintain a return on assets above 1% throughout 2021 [35] - Management noted that the availability of housing is a significant factor affecting the mortgage market [39] Other Important Information - The company made a $250,000 contribution to a local foundation supporting community initiatives during Q1 [17] - The tangible common equity to tangible assets ratio increased by 43 basis points to 8.12% [33] Q&A Session Summary Question: Outlook for the mortgage business - Management expects the second and third quarters to be stronger, with a focus on housing supply impacting the market [39] Question: Tax rate outlook - The tax rate is expected to remain in the 15% to 17% range moving forward [40] Question: Net interest margin and ROA guidance - Management anticipates a net interest margin of around 2.40% by the end of the year, with a 5 to 10 basis point increase quarterly [44] Question: Capital deployment strategy - The company is looking for opportunities to deploy excess capital, with a focus on balance sheet growth [48] Question: SBA business growth - Management aims to become a top 10 producer of SBA 7(a) loans, targeting $200 million in originations for 2021 [66] Question: Fintech partnerships - The company is exploring partnerships with fintechs to enhance services and improve valuation [78]

FIRST IN · . · · Financial Results First Quarter 2021 Forward-Looking Statements & Non-GAAP Financial Measures This presentation may contain forward-looking statements with respect to the financial condition, results of operations, trends in lending policies, plans, objectives, future performance or business of the Company. Forward-looking statements are generally identifiable by the use of words such as "anticipate," "believe," "continue," "could," "designed," "estimate," "expect," "intend," "may," "optimi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) (Exact Name of Registrant as Specified in its Charter) Indiana 20-3489991 ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020. 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 (State or ...

First Internet Bancorp (NASDAQ:INBK) Q4 2020 Earnings Conference Call January 21, 2021 12:00 PM ET Company Participants Larry Clark - Senior Vice President of Financial Profiles, Inc. David Becker - Chairman, President and Chief Executive Officer Kenneth Lovik - Executive Vice President and Chief Financial Officer Conference Call Participants Brett Rabatin - Hovde Group, LLC Nathan Race - Piper Sandler & Co. George Sutton - Craig-Hallum Capital Group LLC Michael Schiavone - Keefe, Bruyette, & Woods, Inc. Op ...

FIRST INTERNET Financial Results Fourth Quarter 2020 Forward-Looking Statements & Non-GAAP Financial Measures This presentation may contain forward-looking statements with respect to the financial condition, results of operations, trends in lending policies, plans, objectives, future performance or business of the Company. Forward-looking statements are generally identifiable by the use of words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "optimistic," "pendi ...

Financial Performance - Net income for the three months ended September 30, 2020, was $8,411 thousand, a 33% increase compared to $6,326 thousand for the same period in 2019[13]. - Net income for the nine months ended September 30, 2020, was $18,362 thousand, compared to $18,143 thousand for the same period in 2019, reflecting a year-over-year increase of 1.2%[22]. - Comprehensive income for the three months ended September 30, 2020, was $10,459 thousand, compared to $4,849 thousand in the same period of 2019, reflecting a growth of 116%[15]. - Basic earnings per share for Q3 2020 was $0.86, up from $0.63 in Q3 2019, representing a growth of 36.5%[13]. - Net revenue from mortgage banking activities for Q3 2020 was $9.63 million, a significant increase from $4.31 million in Q3 2019, representing a growth of 124%[165]. Asset Growth - Total assets increased to $4,333,624 thousand as of September 30, 2020, up from $4,100,083 thousand at December 31, 2019, representing a growth of 5.7%[11]. - Total deposits rose to $3,372,391 thousand as of September 30, 2020, compared to $3,153,963 thousand at December 31, 2019, marking an increase of 7%[11]. - Retained earnings increased to $116,241 thousand as of September 30, 2020, up from $99,681 thousand at December 31, 2019, indicating a growth of 16.6%[11]. - Total shareholders' equity increased from $304,913 thousand on January 1, 2020, to $318,102 thousand by September 30, 2020, representing a growth of 4.3%[19]. Loan and Deposit Activity - Total loans as of September 30, 2020, amounted to $3,012,914,000, an increase from $2,963,547,000 as of December 31, 2019, representing a growth of 1.7%[45]. - The net increase in deposits for the nine months ended September 30, 2020, was $218,428 thousand, a decrease from $476,891 thousand in the same period of 2019[22]. - Loans originated for sale totaled $431,384 thousand for the nine months ended September 30, 2020, slightly higher than $430,453 thousand in the same period of 2019[22]. Noninterest Income and Expenses - Noninterest income for the three months ended September 30, 2020, was $12,495 thousand, significantly higher than $5,558 thousand in Q3 2019, indicating a growth of 124%[13]. - Total noninterest expense increased to $16,412 thousand for Q3 2020, compared to $11,203 thousand in Q3 2019, an increase of 46.5%[13]. Loan Loss Provisions - The allowance for loan losses increased to $26,917 thousand as of September 30, 2020, compared to $21,840 thousand at December 31, 2019, reflecting a rise of 23%[11]. - The provision for loan losses increased to $6,461 thousand for the nine months ended September 30, 2020, compared to $5,498 thousand in the same period of 2019, indicating a rise of 17.5%[22]. - The total allowance for loan losses (ALLL) increased to $26,917,000 as of September 30, 2020, compared to $21,683,000 at the same date in 2019, reflecting a year-over-year increase of approximately 24.1%[61]. Securities and Investments - Total available-for-sale securities as of September 30, 2020, amounted to $528,311,000, with gross unrealized gains of $11,186,000 and losses of $10,927,000[33]. - The fair value of securities held-to-maturity as of September 30, 2020, was $69,176,000, with an amortized cost of $68,254,000[33]. - The total fair value of available-for-sale securities with unrealized losses was $185,231,000, with total unrealized losses of $10,927,000 as of September 30, 2020[42]. Credit Quality and Risk Management - The Company utilizes a risk grading matrix to assess the quality of its loans, categorizing them into "Pass," "Special Mention," "Substandard," "Doubtful," and "Loss" classifications[67]. - The total charge-offs for the nine months ended September 30, 2020, were $1,755,000, compared to $1,948,000 for the same period in 2019, showing a decrease of approximately 9.9%[63]. - The Company reversed all accrued but unpaid interest on loans placed on nonaccrual status, which is triggered when a loan becomes 90 days delinquent[66]. Operational Developments - The Company has focused on expanding its small business lending capabilities, acquiring a loan portfolio and team from First Colorado National Bank in November 2019[205]. - The Company has continued to hire additional small business sales, credit, and operations personnel to build out its nationwide small business platform[205]. - The Company has implemented social distancing policies and increased cleaning protocols at all locations in response to COVID-19[208].

First Internet Bancorp (NASDAQ:INBK) Q3 2020 Earnings Conference Call October 22, 2020 12:00 PM ET Company Participants Larry Clark - Investor Relations David Becker - Chairman, President and Chief Executive Officer Ken Lovik - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Perito - KBW George Sutton - Craig-Hallum Nathan Race - Piper Jaffray John Rodis - Janney Operator Good day, everyone and welcome to First Internet Bancorp Earnings Conference Call for the Third ...