First Internet Bancorp(INBK) - 2024 Q4 - Earnings Call Presentation

Fourth Quarter 2024 Highlights Net income of $7.3 million, up 4.9% from 3Q24 Diluted EPS of $0.83, up 3.8% from 3Q24 Adjusted total revenue of $34.8 million1, up 2.8% from 3Q24 – 4Q24 amount includes $4.7 million of prepayment and terminated interest rate swap gains Net interest margin of 1.67% and FTE NIM of 1.75%1,2, both up 5 bps from 3Q24 Deposit costs declined 17 bps while the yield on interest earning assets only declined 6 bps SBA GOS revenue of $8.6 million; impacted by timing of originations during ...