For the year ending 2025-12-31, INBK had -$9,633K decrease in cash & cash equivalents over the period. $2,221K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -35,168 |
| Depreciation and amortization | 6,192 |
| Increase in cash surrender value of bank-owned life insurance | -1,165 |
| Provision for credit losses | 72,314 |
| Share-based compensation expense | 1,221 |
| Loans originated for sale | 574,017 |
| Proceeds from sale of loans originated for sale | 537,937 |
| Loss (gain) on sale of loans | -8,313 |
| Loss (gain) on sale of other real estate owned | -260 |
| Decrease in fair value of loans held-for-sale | 0 |
| Loss (gain) on derivatives | 0 |
| Gain on prepayment of fhlb advances | 0 |
| Gain on termination of interest rate swaps | 0 |
| Gain on sale of premises and equipment | 0 |
| Net change in servicing asset | -5,466 |
| Net deferred income tax | -18,096 |
| Net change in other assets | -3,799 |
| Net change in other liabilities | -3,607 |
| Net cash provided by operating activities | 3,449 |
| Net loan activity, excluding sales and purchases | 464,078 |
| Proceeds from sales of other real estate owned | 547 |
| Net proceeds from sales of portfolio loans | 848,139 |
| Maturities of securities available-for-sale | 135,068 |
| Purchase of securities available-for-sale | 311,614 |
| Maturities and calls of securities held-to-maturity | 33,116 |
| Purchase of securities held-to-maturity | 33,629 |
| Proceeds from bank owned life insurance | 0 |
| Purchase of premises and equipment | 1,228 |
| Loans purchased | 67,328 |
| Purchase of equity investments | 10,312 |
| Net cash used in investing activities | 128,681 |
| Net (decrease) increase in deposits | -93,393 |
| Cash dividends paid | 2,087 |
| Repurchase of common stock | 521 |
| Proceeds from advances from federal home loan bank | 104,500 |
| Repayment of advances from federal home loan bank | 150,000 |
| Other, net | -262 |
| Net cash used in by financing activities | -141,763 |
| Net (decrease) increase in cash and cash equivalents | -9,633 |
| Cash and cash equivalents, beginning of year | 466,410 |
| Cash and cash equivalents, end of year | 456,777 |
First Internet Bancorp (INBK)
First Internet Bancorp (INBK)