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First Internet Bancorp INBK Foreclosed Assets

Foreclosed Assets at other companies

Live Oak Bancshares logo
Live Oak BancsharesLOB
$12.01M+469%
Bank First Corporation logo
Bank First CorporationBFC
$3.19M+330%
Customers Bancorp logo
Customers BancorpCUBI
$12.51M
Eagle Bancorp logo
Eagle BancorpEGBN
$2.06M-16.3%
First Financial Corporation logo
First Financial CorporationTHFF
$184K-67.1%
Simmons First National logo
Simmons First NationalSFNC
$12.48M+39.0%

Other financials

Income statement

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Net income$2.5M+166%
EPS (diluted)$0.29+164%

Balance sheet

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Cash & equivalents$601.8M+52.6%
Total debt$240.9M-39.0%
Total equity$361.0M-6.9%
Total assets$5.7B-2.4%

Cash flow

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Operating cash flow$75.6M+130%
CapEx$299.0K+62.5%
Free cash flow$75.3M+131%

Valuation

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Market cap$242.32M+1.5%
Enterprise value-$118.58M-289%
P/S21×

Profitability

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Net margin218.7%
FCF margin-413.2%

Returns & leverage

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Return on equity-9%-15.0pp
Debt / equity0.7×-0.4×

Where this comes from

Reported directly by First Internet Bancorp in its filing.

Tagged under the XBRL concept us-gaap:OtherRealEstate.

The official record: First Internet Bancorp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Internet Bancorp's foreclosed assets?
First Internet Bancorp (INBK) reported foreclosed assets of $1.95M in Q1 2026.
How has First Internet Bancorp's foreclosed assets changed year-over-year?
First Internet Bancorp's foreclosed assets increased by 28.1% year-over-year, from $1.52M to $1.95M.
What does foreclosed assets mean?
This represents the value of real estate or other collateral acquired by the bank through the foreclosure process due to borrower default. These assets are held for sale and are typically carried at the lower of the recorded investment or fair value less estimated selling costs. A high balance indicates elevated credit risk and potential future losses on non-performing loans.