First internet bancorp (INBKL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Interest Income
Loans

122,228

99,082

70,465

49,054

37,049

27,875

20,843

19,560

Securities – taxable

13,807

10,630

10,036

7,326

3,728

3,036

2,891

3,133

Securities – non-taxable

2,595

2,810

2,786

1,856

312

58

1,611

1,681

Other earning assets

8,784

2,945

1,410

663

358

246

191

-

Total interest income

147,414

115,467

84,697

58,899

41,447

31,215

25,536

24,374

Interest Expense
Deposits

69,313

42,484

23,975

15,853

8,755

7,653

6,861

7,172

Other borrowed funds

15,134

10,716

6,740

3,357

1,939

1,275

1,227

1,360

Total interest expense

84,447

53,200

30,715

19,210

10,694

8,928

8,088

8,532

Net Interest Income

62,967

62,267

53,982

39,689

30,753

22,287

17,448

15,842

Provision for Loan Losses

5,966

3,892

4,872

4,330

1,946

349

324

2,852

Net Interest Income After Provision for Loan Losses

57,001

58,375

49,110

35,359

28,807

21,938

17,124

12,990

Noninterest Income
Revenue from Contract with Customer, Including Assessed Tax

11,541

5,718

7,836

-

-

-

-

-

Service charges and fees

-

-

-

818

764

707

687

685

Mortgage banking activities

-

-

-

12,398

9,000

5,609

8,682

10,647

Gain (loss) on sale of loans

2,074

503

395

0

0

-

-

-

Debt and Equity Securities, Gain (Loss)

-458

0

-8

-

-

-

-

-

Total loss related to other than temporarily impaired securities

-

-

-

-

-

-

129

1,452

Portion of loss recognized in other comprehensive income (loss)

-

-

-

-

-

-

80

1,200

Other-than-temporary impairment loss recognized in net income

-

-

-

-

-

-

49

252

Gain (loss) on sale of securities

-

-

-

-

0

538

-63

48

Loss on asset disposals

-

-

-

-

-

-78

-146

-93

Other

2,581

1,605

1,430

861

377

398

406

388

Total noninterest income

16,789

8,760

10,541

14,077

10,141

7,174

9,517

11,423

Noninterest Expense
Salaries and employee benefits

27,014

23,174

21,164

17,387

14,271

12,348

10,250

8,529

Marketing, advertising and promotion

1,800

2,468

2,393

1,823

1,756

1,455

1,858

1,362

Consulting and professional services

3,669

3,055

3,091

3,143

2,374

1,902

2,152

1,422

Data processing

1,338

1,233

971

1,127

1,016

995

911

897

Loan expenses

1,142

942

1,027

891

631

626

799

1,097

Premises and equipment

6,059

4,996

4,183

3,699

2,768

2,937

2,196

1,711

Deposit insurance premium

1,903

1,956

1,410

1,159

643

591

451

455

Write-down of other real estate owned

0

2,423

0

0

-

-

-

-

Other

3,709

2,936

2,484

2,222

1,824

1,808

1,865

1,140

Total noninterest expense

46,634

43,183

36,723

31,451

25,283

22,662

20,482

16,613

Income Before Income Taxes

27,156

23,952

22,928

17,985

13,665

6,450

6,159

7,800

Income Tax Provision

1,917

2,052

7,702

5,911

4,736

2,126

1,566

2,194

Net Income (Loss) Attributable to Parent

25,239

21,900

15,226

12,074

8,929

4,324

4,593

5,606

Income Per Share of Common Stock
Basic (in dollars per share)

2.51

2.31

2.14

2.32

1.97

0.96

1.51

1.95

Diluted (in dollars per share)

2.51

2.30

2.13

2.30

1.96

0.96

1.51

1.95

Weighted-Average Number of Common Shares Outstanding
Basic (in shares)

10,041

9,490

7,118

5,211

4,528

4,497

3,041

2,869

Diluted (in shares)

10,044

9,508

7,149

5,239

4,554

4,507

3,050

2,869

Dividends Declared Per Share (in dollars per share)

0.24

0.24

0.24

0.24

0.24

0.24

0.22

0.16

Service charges and fees
Revenue from Contract with Customer, Including Assessed Tax

885

934

888

-

-

-

-

-

Loan Servicing [Member]
Revenue from Contract with Customer, Including Assessed Tax

166

0

0

-

-

-

-

-

Mortgage banking activities
Revenue from Contract with Customer, Including Assessed Tax

11,541

5,718

7,836

-

-

-

-

-