First Internet Bancorp filings document the regulatory disclosures of an Indiana bank holding company and its branchless banking subsidiary, First Internet Bank. Recent 8-K reports furnish quarterly and annual financial results, earnings-call materials, Regulation FD dividend announcements, share-repurchase disclosures, and other material-event records.
The company's proxy materials cover board matters, shareholder voting items, executive compensation, equity awards, and governance disclosures. Its filing record also identifies capital-structure subjects, including Nasdaq-listed common stock under INBK and 6.0% fixed-to-floating subordinated notes due 2029 under INBKZ.
Bade Aasif M. reported acquisition or exercise transactions in this Form 4 filing.
First Internet Bancorp director Bade Aasif M. received a grant of 2,416 shares of Common Stock as a restricted stock award. This award is scheduled to vest on the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting.
After this grant, he holds 14,335 shares directly and 32,500 shares indirectly through a spousal lifetime access trust. The transaction is a compensation-related stock award rather than an open-market purchase or sale.
First Internet Bancorp director John K. Keach Jr. received a grant of 2,416 shares of common stock at no cost as a restricted stock award. The award is scheduled to vest on the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting. After this grant, he holds 39,571 shares directly, including 109 shares acquired through the company’s Dividend Reinvestment and Stock Purchase Plan.
First Internet Bancorp director Dee Ann C. reported a compensation-related stock grant on Common Stock. She acquired 2,416 restricted shares at no cost, scheduled to vest the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting. After this award, she holds 19,532 shares in total, including 46 shares accumulated through the company’s Dividend Reinvestment and Stock Purchase Plan.
First Internet Bancorp director Jean L. Wojtowicz received a grant of 2,416 shares of common stock as a restricted stock award. The award carries no cash purchase price and is scheduled to vest on the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting. Following this award, Wojtowicz directly holds 42,421 common shares, which includes 377 shares acquired through the company’s Dividend Reinvestment and Stock Purchase Plan between July 15, 2025 and May 18, 2026.
First Internet Bancorp director Michele L. Raines received 2,416 shares of common stock as a restricted stock award. The award vests on the earlier of May 18, 2027, or immediately before the company’s next annual shareholders’ meeting. After this grant, she directly holds 6,440 shares, which includes 17 shares acquired between July 16, 2025 and May 18, 2026 through the company’s Dividend Reinvestment and Stock Purchase Plan.
First Internet Bancorp director Joseph A. Fenech received a grant of 2,416 shares of common stock as a restricted stock award. The award carries a zero dollar grant price and is scheduled to vest on the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting.
After this award, Fenech directly holds 12,535 common shares, which include 17 shares acquired between April 16, 2026 and May 18, 2026 through the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan. A separate entry reports 4,050 shares owned indirectly through GenOpp Financial Fund LP, for which he disclaims beneficial ownership.
Christian Justin P. reported acquisition or exercise transactions in this Form 4 filing.
First Internet Bancorp director Christian Justin P. received a grant of 2,416 shares of common stock as a restricted stock award. The award was granted at $0.00 per share as compensation, not through an open-market purchase or sale, and increases his direct holdings to 13,278 common shares.
The restricted stock is scheduled to vest on the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting. In addition to these direct holdings, 28,722 common shares are reported as held indirectly through Market Street Capital Inc.
First Internet Bancorp reported Q1 2026 net income of $2.5 million, up from $0.9 million a year earlier, with basic and diluted earnings per share of $0.29 versus $0.11. Net interest income rose to $31.6 million from $25.1 million as deposit interest expense declined, though the provision for credit losses on loans increased to $16.6 million, reflecting ongoing credit costs, particularly in small business and franchise finance.
Total assets reached $5.71 billion, up from $5.57 billion at year-end, with loans at $3.78 billion and deposits at $4.98 billion. The allowance for credit losses on loans grew to $56.5 million. Noninterest income was $11.5 million, driven by $7.4 million of gains on loan sales and $2.9 million of servicing revenue, while noninterest expense totaled $25.0 million. Comprehensive income was $1.3 million after recognizing unrealized losses in the securities portfolio.
First Internet Bancorp reported much stronger results for the first quarter of 2026, with net income of $2.5 million, up 166% from a year ago, and diluted EPS of $0.29, up 164%. Total revenue rose 21% year-over-year to $43.1 million, driven by a 26% increase in net interest income to $31.6 million and a 10% rise in noninterest income to $11.5 million.
The bank’s net interest margin expanded to 2.36% (2.45% on a fully taxable-equivalent basis), 54 basis points higher than a year earlier, as higher loan yields and lower deposit costs improved spread. Pre-provision net revenue grew 51% to $18.1 million, showing stronger core earnings before credit costs.
Credit costs remained elevated, with a $16.3 million provision for credit losses and net charge-offs equal to 1.65% of average loans. Nonperforming loans rose to 1.63% of total loans, though ratios improve when fully guaranteed balances are excluded. Loans totaled $3.8 billion and deposits $5.0 billion, while tangible book value per share held at $40.87. Management is broadly maintaining its 2026 guidance but signaled that its 15–17% loan growth target may be ambitious given higher-than-expected payoffs and macro uncertainty.
First Internet Bancorp investors John and Susan Lame have jointly filed a Schedule 13D reporting beneficial ownership of several blocks of the bank’s common stock through a family trust, individual IRAs, Roth IRAs, and personal holdings. Individual positions include 149,224 shares in the John C. Lame IRA and 137,632 shares in the John C. Lame Roth IRA, each representing 1.72% and 1.58% of the class, respectively, based on 8,686,994 shares outstanding as of December 31, 2025.
The shares were acquired with the Reporting Persons’ own funds for investment purposes, and they state a belief that First Internet Bancorp’s value exceeds its current market price. They indicate an objective to profit from share price appreciation and plan to discuss shareholder returns and strategy for creating shareholder value with management, the board, and other shareholders. They may buy additional shares or sell shares over time depending on market conditions and their investment considerations.