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First Internet Bank of Indiana

Fishers, IN · Cert 34607 · First Internet Bcorp

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating in a single state3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating in a single state (n=268 to 269). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

17

Q2 2024Q2 2026peer median (50)

Asset Quality

8

Q2 2024Q2 2026peer median (50)

Profitability

5

Q2 2024Q2 2026peer median (50)

Liquidity

70

Q2 2024Q2 2026peer median

Efficiency

61

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Internet Bank of Indiana

Fishers, IN · Cert 34607 · First Internet Bcorp

State charter, non-member · FDIC · 1 branch

Q2 2026

$5.5BAssets
$3.9BLoans
$4.8BDeposits
$435.0MEquity
Loan mix
53%RE $1.8B33%C&I $1.1B13%Consumer $0.4BQ2 2025Q2 2026
Deposit mix
97%Interest-bearing $4.7B3%Noninterest $0.1BQ2 2025Q2 2026

NIM

5.19%Q2 ’245.31%Q2 ’255.39%Q2 ’26+14%+26%

Non-interest income vs. expense

1.55%Q2 ’241.47%Q2 ’251.73%Q2 ’26+16%+6%

Market Position · Indianapolis-Carmel-Greenwood, IN · 2026 SOD (annual) · 5.3% share · #6 of 49 inst. · $4.8B of $91.8B

Executive Summary

  • Earnings: ROA of 0.32%, up 18 bps year over year; NIM at 2.39%.
  • Asset quality: problem loans at 1.56% of loans (+59 bps YoY), with net charge-offs at 1.70%.
  • Capital: tier 1 leverage ratio of 7.57%, down 36 bps from a year ago.
  • Funding: loans stand at 79.71% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.32%+18 bps YoY

Net Interest Margin (YTD, annualized)

2.39%+49 bps YoY

Efficiency Ratio (YTD, annualized)

56.11%-528 bps YoY

Tier 1 Leverage Ratio

7.57%-36 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.14%-0.83%-0.50%0.32%0.32%+18 bps
Return on Equity1.74%-10.67%-6.48%4.25%4.12%+238 bps
Net Interest Margin1.90%1.94%2.15%2.38%2.39%+49 bps
Efficiency Ratio61.39%87.59%75.59%53.51%56.11%-528 bps
Non-Interest Burden0.97%1.72%1.61%0.89%1.03%+5 bps
Growth
Asset Growth (YoY)13.65%-3.23%-2.95%-2.52%-8.64%-2,229 bps
Loan Growth (YoY)12.78%-7.96%-8.76%-10.62%-14.11%-2,688 bps
Deposit Growth (YoY)24.06%2.57%-1.86%0.65%-8.94%-3,300 bps
Asset Quality
Nonperforming Loans / Loans0.97%1.42%1.52%1.61%1.56%+59 bps
Net Charge-Offs / Loans1.07%1.60%1.58%1.65%1.70%+63 bps
Allowance / Loans1.04%1.60%1.44%1.47%1.38%+34 bps
Allowance Coverage of NPLs1.1x1.1x1.0x0.9x0.9x-0.2x
Capital
Tier 1 Leverage Ratio7.93%6.89%7.53%7.53%7.57%-36 bps
Total Risk-Based Capital11.63%12.46%12.08%12.12%12.09%+46 bps
Equity / Assets7.60%7.48%7.68%7.57%7.87%+27 bps
Liquidity & Funding
Loans / Deposits84.50%75.95%79.42%76.77%79.71%-479 bps
Liquid Assets / Assets11.73%18.57%12.64%15.27%12.07%+35 bps
CRE / Total Capitaln/a295%332%339%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

First Internet Bank of Indiana

Fishers, IN · Cert 34607 · Peer group: banks $1B-$10B in assets operating in a single state (n=268-269) · First Internet Bcorp

State charter, non-member · FDIC · 1 branch

Q2 2026

$5.5BAssets
$3.9BLoans
$4.8BDeposits
$435.0MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 61% of banks $1B-$10B in assets operating in a single state (rank 106 of 268).
  • Widest gap: net charge-offs / loans trails 97% of banks $1B-$10B in assets operating in a single state (rank 263 of 269).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.32%

Rank 259 of 269

Net Interest Margin

2.39%

Rank 255 of 269

Efficiency Ratio

56.11%

Rank 106 of 268

Equity / Assets

7.87%

Rank 252 of 269

Non-interest income vs. expense

$39.8M$97.8MINCOMEEXPENSE
Unfavorable gap of $58.1M · efficiency ratio beats 61% of banks $1B-$10B in assets operating in a single state
Bank 56.11%Peer median 60.2%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.32%0.93%1.23%1.54%Beats 4%259 / 269
Return on Equity4.08%9.13%11.77%14.52%Beats 5%256 / 269
Net Interest Margin2.39%3.16%3.50%3.88%Beats 5%255 / 269
Efficiency Ratio56.11%51.70%60.21%69.66%Beats 61%106 / 268
Asset Quality
Nonperforming Loans / Loans1.56%0.19%0.45%0.89%Beats 12%238 / 269
Net Charge-Offs / Loans0.87%0.01%0.02%0.06%Beats 3%263 / 269
Capital
Tier 1 Capital Ratio10.84%11.29%13.10%15.21%Beats 19%218 / 269
Total Risk-Based Capital Ratio12.09%12.04%13.91%16.33%Beats 26%200 / 269
Equity / Assets7.87%9.18%10.29%11.76%Beats 6%252 / 269
Liquidity & Funding
Loans / Deposits79.71%72.68%86.29%95.72%35th pctl175 / 269
Loans / Assets69.77%62.46%72.27%78.37%42nd pctl156 / 269
Brokered Deposits / Depositsn/aNot reported for this institution