First Internet Bancorp Income Statement

Income Statement Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 2.85M0.32M0.35M1.95M4.33M4.87M3.89M5.97M9.32M1.03M4.98M16.65M18.82M
Revenue 27.27M26.96M29.46M40.89M53.77M7.84M5.72M11.54M24.69M15.05M5.46M3.83M6.20M
Interest income
Interest income - Loans 19.56M20.84M27.88M37.05M49.05M70.47M99.08M122.23M120.63M123.47M140.60M192.34M233.84M
Interest income - Investments 0.25M0.50M8.00M12.00M16.00M
Interest Income - Debt Securities 3.13M2.89M3.04M3.73M7.33M10.04M10.63M13.81M11.12M7.97M10.71M17.19M26.74M
Interest Income - Total 24.37M25.54M31.21M41.45M58.90M84.70M115.47M147.41M136.86M133.88M156.91M239.44M291.89M
Interest expenses
Interest Expense - Deposits 7.17M6.86M7.65M8.76M15.85M23.98M42.48M69.31M55.98M29.82M41.83M143.36M183.15M
Interest Expense - Debt 1.36M1.23M1.27M1.94M3.36M6.74M10.72M15.13M16.34M17.50M17.98M21.18M21.36M
Interest Expenses 8.53M8.09M8.93M10.69M19.21M30.71M53.20M84.45M72.32M47.33M59.81M164.54M204.51M
Interest Income - Net 15.84M17.45M22.29M30.75M39.69M53.98M62.27M62.97M64.54M86.56M97.09M74.90M87.38M
Non-interest income
Interest Income - Total 12.99M17.12M21.94M28.81M35.36M49.11M58.38M57.00M55.22M85.53M92.12M58.25M70.31M
Financial Services Fees 0.69M0.69M0.71M0.76M0.82M0.89M0.93M
Investment Gain (Loss) 0.05M-0.06M0.54M0.18M-0.01M-0.50M0.14M
Investment Banking Income 10.65M8.38M5.05M8.85M12.46M8.17M6.61M12.35M31.12M29.40M17.47M21.00M33.33M
Mortgage Banking 10.65M8.68M5.61M9.00M12.40M7.84M5.72M
Other Non-Interest Income 3.41M1.86M1.46M1.76M2.19M2.39M2.47M2.58M2.16M3.26M3.55M3.88M9.41M
Non-Interest Income 11.42M9.52M7.17M10.14M14.08M10.54M8.76M16.79M36.34M32.84M21.26M26.12M47.34M
Operating Items
Amortization - Intangibles 1.68M1.61M0.06M0.31M1.86M2.79M2.81M2.60M1.73M1.02M1.77M3.53M3.77M
Research & Development 0.90M0.91M0.99M1.02M1.13M0.97M1.23M1.34M1.53M1.65M1.99M2.37M2.45M
Wages, Salaries and Other 8.53M10.25M12.35M14.27M17.39M21.16M23.17M27.01M34.23M38.22M41.55M45.32M51.76M
Rent Expense 1.71M2.20M2.94M2.77M3.70M4.18M5.00M6.06M6.40M7.06M10.69M10.60M11.90M
Other Operating Expenses -0.09M-0.15M-0.08M-0.03M-0.06M31.57M36.95M39.24M49.73M53.09M60.60M66.46M75.76M
Operating Expenses 16.61M20.48M22.66M25.28M31.45M36.72M43.18M46.63M57.65M61.80M73.27M79.44M90.11M
EBIT 16.33M14.25M15.38M24.36M37.20M53.64M77.15M111.60M106.22M103.90M99.92M169.48M232.05M
Non-operating items
Interest & Investment Income 0.19M0.25M0.36M0.66M1.41M2.94M8.78M3.38M1.43M3.83M26.38M27.53M
Net income details
EBT 7.80M6.16M6.45M13.66M17.98M22.93M23.95M27.16M33.90M56.57M40.10M4.94M27.54M
Tax Provisions 2.19M1.57M2.13M4.74M5.91M7.70M2.05M1.92M4.45M8.46M4.56M-3.48M2.27M
Profit After Tax 5.61M4.59M4.32M8.93M12.07M15.23M21.90M25.24M29.45M48.11M35.54M8.42M25.28M
Income from Continuing Operations 5.61M4.59M4.32M8.93M12.07M15.23M21.90M25.24M29.45M48.11M35.54M8.42M25.28M
Consolidated Net Income 5.61M4.59M4.32M8.93M12.07M15.23M21.90M25.24M29.45M48.11M35.54M8.42M25.28M
Income towards Parent Company 5.61M4.59M4.32M8.93M12.07M15.23M21.90M25.24M29.45M48.11M35.54M8.42M25.28M
Net Income towards Common Stockholders 5.61M4.59M4.32M8.93M12.07M15.23M21.90M25.24M29.45M48.11M35.54M8.42M25.28M
Additional items
EPS (Basic) 1.951.510.961.972.322.142.312.512.994.853.730.952.91
EPS (Weighted Average and Diluted) 1.951.510.961.962.302.132.302.512.994.823.700.952.88
Shares Outstanding (Weighted Average) 8.41M10.18M9.74M9.80M9.85M9.24M8.64M8.67M
Shares Outstanding (Diluted Average) 7.15M9.51M10.04M9.84M9.98M9.60M8.86M8.77M
Tax Rate 28.13%25.43%32.96%34.66%32.87%33.59%8.57%7.06%13.11%14.95%11.37%8.23%