Here are the 10-Q quarterly reports from First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes Due 2029 (INBKZ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow INBKZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full INBKZ filings page.
First Internet Bancorp (INBK) reported third-quarter 2026 net income of $4.8 million, compared with a $41.6 million net loss in 2025. Net interest income was $34.7 million versus $30.4 million, the provision for loan credit losses was $12.1 million versus $34.4 million, and gains on loan sales were $4.8 million versus a $27.1 million loss.
For the first nine months of 2026, net income was $9.7 million versus a $40.5 million loss; operating activities provided $129.2 million of cash, compared with cash use of $20.3 million in 2025. At September 30, 2026, deposits totaled $5.153 billion and loans totaled $3.864 billion.
Nonaccrual loans were $62.4 million at September 30, 2026, compared with $56.4 million at December 31, 2025. Available-for-sale securities had fair value of $843.1 million and amortized cost of $886.6 million. The company attributed unrealized losses primarily to interest-rate changes and financial-market volatility, and said it did not intend to sell securities in loss positions and was unlikely to be required to sell them before recovery.
First Internet Bancorp reported Q2 2026 net income of $2,367K, up from $193K a year earlier, with basic EPS of $0.27. Net interest income rose to $32,439K as deposit interest expense declined, while total interest income was $76,636K.
Provision for credit losses on loans was $13,508K in the quarter and $30,114K for the first half, partially offset by small benefits on debt securities and off-balance sheet commitments. Noninterest income increased to $8,685K, led by $4,690K of gains on loan sales, and noninterest expense grew to $26,122K, mainly from higher salaries and benefits.
Total loans reached $3,811,073K and deposits $4,831,378K at June 30, 2026. Nonaccrual loans were $45,543K and loans 90 days or more past due and still accruing were $14,530K. The allowance for credit losses on loans stood at $53,096K, while shareholders’ equity was $363,547K.
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.