First Internet Bancorp (INBK) Interest Expense - Deposits (2012 - 2026)
First Internet Bancorp (INBK) recorded Interest Expense - Deposits of $40.32 million in Q2 2026, down 13.8% from $46.79 million a year earlier and down 0.1% from the prior quarter.
First Internet Bancorp (INBK) Interest Expense - Deposits (2012 - 2026) Analysis & Trends
On a TTM basis, First Internet Bancorp's Interest Expense - Deposits came in at $174.65 million as of Jun 30, 2026, down 8.5% year-over-year; for FY2025, it was $188.39 million, up 2.9% from FY2024.
- Annual Interest Expense - Deposits has increased for four straight years, with a five-year compound annual growth rate of 27.5% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Deposits came in at $183.15 million in FY2024 (+27.8%), $143.36 million in FY2023 (+242.7%), $41.83 million in FY2022 (+40.3%) and $29.82 million in FY2021 (-46.7%).
- The Q2 2026 figure is the lowest quarterly Interest Expense - Deposits since Q2 2023.
- On a year-over-year basis, Interest Expense - Deposits has declined for three consecutive quarters, with growth averaging 2.7% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 441.1% in Q2 2023, against a decline of 43.0% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.36 million (Q1 2026), $43.84 million (Q4 2025) and $50.13 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.32 Mn |
| Mar 31, 2026 | 40.36 Mn |
| Dec 31, 2025 | 43.84 Mn |
| Sep 30, 2025 | 50.13 Mn |
| Jun 30, 2025 | 46.79 Mn |
| Mar 31, 2025 | 47.63 Mn |
| Dec 31, 2024 | 49.11 Mn |
| Sep 30, 2024 | 47.42 Mn |
| Jun 30, 2024 | 44.50 Mn |
| Mar 31, 2024 | 42.13 Mn |
| Dec 31, 2023 | 41.08 Mn |
| Sep 30, 2023 | 40.34 Mn |
| Jun 30, 2023 | 34.68 Mn |
| Mar 31, 2023 | 27.27 Mn |
| Dec 31, 2022 | 18.81 Mn |
| Sep 30, 2022 | 10.52 Mn |
| Jun 30, 2022 | 6.41 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Dec 31, 2021 | 6.40 Mn |
| Sep 30, 2021 | 7.09 Mn |
First Internet Bancorp Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=INBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "INBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=INBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();