First Internet Bancorp (INBK)
First Internet Bancorp (INBK)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 2,509 | 5,289 | -41,593 | 1,136 |
| Depreciation and amortization | 2,710 | 962 | 2,248 | 2,982 |
| Increase in cash surrender value of bank-owned life insurance | -305 | -303 | -295 | -567 |
| Provision for credit losses | 16,305 | 11,984 | 34,789 | 25,541 |
| Share-based compensation expense | 561 | 488 | 490 | 243 |
| Loans originated for sale | 60,864 | 143,931 | 168,333 | 261,753 |
| Proceeds from sale of loans | 119,728 | 156,434 | 183,949 | 197,554 |
| Gain on loans sold | 7,377 | 8,470 | -27,103 | 10,320 |
| Loss (gain) on sale of other real estate owned | -15 | -279 | 0 | 19 |
| Decrease in fair value of loans held-for-sale | - | 0 | - | - |
| Gain on derivatives | 0 | -106 | -40 | 146 |
| Gain on bank-owned life insurance | - | - | 0 | 0 |
| Gain on prepayment of fhlb advances | - | 0 | - | - |
| Gain on termination of interest rate swaps | - | 0 | - | - |
| Gain on sale of premises and equipment | - | 0 | - | - |
| Loan servicing asset revaluation | -1,060 | -1,800 | -1,332 | -2,334 |
| Net deferred income tax | - | -18,096 | - | - |
| Net change in accrued income and other assets | 597 | -16,914 | 5,217 | 7,898 |
| Net change in accrued expenses and other liabilities | 1,805 | 267 | 2,560 | -6,434 |
| Net cash provided by operating activities | 75,550 | 23,723 | 37,073 | -57,347 |
| Net loan activity, excluding purchases | 44,939 | 168,112 | 96,146 | 199,820 |
| Proceeds from sale of other real estate owned | 672 | 0 | 256 | 291 |
| Net proceeds from sales of portfolio loans | - | 48,842 | 799,297 | - |
| Maturities and calls of securities available-for-sale | 42,663 | 37,264 | 32,428 | 65,376 |
| Purchase of securities available-for-sale | 39,409 | 185,901 | 10,033 | 115,680 |
| Maturities and calls of securities held-to-maturity | 8,861 | 11,013 | 9,994 | 12,109 |
| Purchase of securities held-to-maturity | 28,263 | 0 | 0 | 33,629 |
| Proceeds from bank owned life insurance | - | 0 | 0 | 0 |
| Purchase of premises and equipment | 299 | 288 | 106 | 834 |
| Loans purchased | 0 | 19,654 | 29,879 | 17,795 |
| Other investing activities | 938 | 1,098 | 2,698 | 6,516 |
| Repurchase of common stock | - | 521 | 0 | 0 |
| Net cash used in investing activities | -61,652 | -277,934 | 703,113 | -296,498 |
| Net increase in deposits | 141,837 | -75,621 | -383,355 | 365,583 |
| Cash dividends paid | 521 | 516 | 517 | 1,054 |
| Proceeds from advances from federal home loan bank | 0 | 0 | 0 | 104,500 |
| Repayment of advances from federal home loan bank | 10,000 | 0 | 15,000 | 135,000 |
| Other, net | -186 | -15 | -14 | -233 |
| Net cash provided by financing activities | 131,130 | -76,673 | -398,886 | 333,796 |
| Net increase (decrease) in cash and cash equivalents | 145,028 | -330,884 | 341,300 | -20,049 |
| Cash and cash equivalents, beginning of period | 456,777 | 787,661 | 466,410 | - |
| Cash and cash equivalents, end of period | 601,805 | 456,777 | 787,661 | - |