First Internet Bancorp reports news as the bank holding company for First Internet Bank, a branchless banking subsidiary that has operated since 1999. Company updates focus on digital delivery of consumer and small business deposits, consumer loans, specialty finance, SBA financing, commercial real estate and construction lending, commercial and industrial lending, and treasury management services.
Recurring announcements include quarterly financial results, common-stock dividend declarations, lending and deposit product developments, risk-management and payments-industry activity, and leadership or sales-management updates tied to the bank's national and regional banking lines.
First Internet Bancorp (Nasdaq: INBK) reported record third-quarter revenue of $43.9 million, with earnings improving from the prior quarter. Revenue rose 7% sequentially. Net income reached $4.8 million, or $0.54 per diluted share, versus $2.4 million, or $0.27, in the second quarter. Net interest margin increased 8 basis points to 2.47%.
Credit-loss provision declined 13% sequentially to $11.6 million, and net charge-offs fell to 0.82% of average loans from 1.77%. However, nonperforming loans rose to 1.63% of loans from 1.58%, primarily reflecting franchise finance loans moved to nonaccrual status. Deposits increased 7% to $5.2 billion, while tangible book value per share fell to $40.04 from $41.09. For the fourth quarter, the company expects diluted EPS of $1.02–$1.07 and a fully taxable-equivalent net interest margin, a tax-adjusted measure, of 2.75%–2.80%.
First Internet Bancorp (INBK) plans to release its third quarter 2026 financial results after market close on October 29. A conference call and webcast to review the results will follow at 5:00 p.m. Eastern Time that day. The webcast and presentation slides will be available on the company’s website shortly after the call and archived for 12 months.
nCino (NCNO) has partnered with Parlay to integrate its loan intake system with nCino’s Commercial and Small Business Solutions.
The integration is live and has processed more than $500 million in Small Business Administration (SBA) loan inquiries in 2026 for customers including First Internet Bank (INBK). That figure represents inquiries, not originated loans. Under the agreement, nCino will resell and support Parlay’s Loan Intelligence System for customers prioritizing SBA lending. nCino is offering the integration alongside in-branch SBA lending capabilities to new and existing customers.
First Internet Bank, a subsidiary of First Internet Bancorp (INBK), released findings from a survey of 1,000 U.S. adults.
Fielded in August 2026, the survey found that 46% had followed a budget, 36% had reduced debt and 31% had built emergency savings in the past six months. Over the next 12 months, 24% named building savings as a leading financial goal and 23% named paying down debt. While 76% were somewhat or very optimistic about their finances over that period, 40% said their situation had improved in the past year and 23% said it had worsened. Only 32% were extremely confident they could cover an unexpected $1,000 expense.
Budgeting and spending tools were the most selected resource for building financial confidence, at 29%. The bank also recently introduced a beta version of Model Context Protocol (MCP), an optional, read-only connection that lets eligible customers ask supported AI assistants about approved account information. Customers choose whether to connect and what information to approve. The assistants cannot move money or change accounts.
First Internet Bancorp (INBK) declared a quarterly cash dividend of $0.06 per common share. The dividend is payable on October 15, 2026 to shareholders of record as of the close of business on October 1, 2026.
The company states that the declaration and amount of any future dividends will remain at the sole discretion of the Board and will depend on factors such as operating results, financial condition, capital needs, regulatory and contractual limits, business strategy and other considerations.
First Internet Bancorp (INBK) completed a private placement of $20.5 million of 8.0% fixed-to-floating rate subordinated notes due 2036 on September 10, 2026.
The notes carry a fixed 8.0% annual interest rate from September 10, 2026 to September 15, 2031, with interest paid semi-annually in arrears. From September 15, 2031 until maturity or earlier redemption, the rate resets quarterly to three-month term SOFR plus 373.5 basis points, with interest paid quarterly in arrears. The notes are redeemable, in whole or in part, on or after September 15, 2031 and upon certain events, and are structured to qualify as Tier 2 capital for regulatory purposes. The company plans to use net proceeds for general corporate purposes, including possible redemption or retirement of higher-rate existing indebtedness.
First Internet Bank (INBK) has promoted Nick Campbell to Senior Vice President, Chief Lending Officer, placing him in charge of the bank’s lending organizations nationwide.
Campbell will oversee lending strategy, portfolio growth and specialized lending solutions across areas such as small business, commercial real estate, commercial and industrial, construction and consumer lending. The company said his role focuses on aligning lending strategy with long-term objectives while maintaining disciplined risk management. Campbell joined the bank in 2017 and has since held multiple senior roles in commercial real estate and credit administration.
First Internet Bancorp (INBK) will participate in the Oppenheimer Fintech Leaders Conference on September 15, 2026, at the Thompson Central Park Hotel in New York City.
President and COO Nicole Lorch and EVP/CFO Ken Lovik will attend and hold one-on-one investor meetings. The company reports $5.6 billion in assets as of June 30, 2026.
First Internet Bancorp (Nasdaq: INBK) reported second quarter 2026 net income of $2.4 million and diluted EPS of $0.27, up from $0.2 million and $0.02 a year earlier. Total revenue rose 23% year-over-year to $41.1 million, driven by a 16% increase in net interest income and a 56% increase in noninterest income.
Fully-taxable equivalent net interest margin was 2.47%, up 43 bps year-over-year, while pre-provision net revenue reached $15.0 million on a non-GAAP basis, up 28%. Total loans were $3.8 billion, up 1% sequentially, and total deposits were $4.8 billion, down 3% as higher-cost CDs and brokered deposits were allowed to run off and approximately $2.4 billion of fintech deposits moved off-balance sheet into a deposit network.
Credit metrics showed mixed trends: provision for credit losses fell 18% sequentially to $13.4 million, nonperforming loans declined slightly to 1.58% of total loans, but net charge-offs rose to 1.77% of average loans. The company reaffirmed a 2026 outlook including diluted EPS of $2.35–$2.45, FTE net interest margin of 2.75–2.80% by Q4 2026, loan growth of 4–6%, noninterest income of $40.5–$41 million, and provision for credit losses of $47–$48 million.
First Internet Bank (NASDAQ: INBK) launched a new AI-powered financial intelligence feature that lets business and personal customers securely connect accounts to assistants such as ChatGPT and Claude via permission-based, read-only access. Customers can ask plain-language questions about spending, savings, cash flow and balances, with AI responses tailored to their own First Internet Bank account activity. According to First Internet Bank, customers control what data is shared, can revoke access at any time, AI tools cannot move money or change settings, and customer banking data is not used to train AI models.