First Internet Bancorp (INBK) reported second-quarter 2026 net income of $2.4 million, compared with $0.2 million a year earlier. Diluted earnings per share were $0.27, up from $0.02 in the prior-year period.
Total revenue rose 23% year over year to $41.1 million. Net interest income increased 16% to $32.4 million, while noninterest income grew 56% to $8.7 million.
- Provision for credit losses was $13.4 million, down from $16.3 million in the first quarter of 2026.
- Total loan balances were $3.8 billion, up $35.2 million, or 1%, from the first quarter.
- Total deposits were $4.8 billion, down $150.3 million, or 3%, from the first quarter.
- Nonperforming loans were 1.58% of total loans, compared with 1.63% in the first quarter.
- The company provided a full-year 2026 diluted EPS outlook of $2.35 to $2.45.
