First Internet Bancorp (INBK) Misses Q4 EPS by 7c

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First Internet Bancorp Reports Fourth Quarter and Full Year 2018 Results

January 23, 2019 5:19 PM EST

Highlights for the fourth quarter include:

Net income of $3.6 million, including a $2.4 million pre-tax write-down of legacy OREO, compared to $3.5 million in the fourth quarter of 2017 Diluted earnings per share of $0.35, or adjusted diluted earnings per share of $0.53 excluding the OREO write-down Total loans increased $625 million from December 31, 2017, or 29.9%, and $223 million from September 30, 2018, or 8.9%

FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bancorp (the Company) (Nasdaq: INBK), the parent company of First Internet Bank (the Bank), announced today... More