First Internet Bancorp FY2025 publishes annual report; total assets rise to $5.6 billion

First Internet Bancorp +0.24%

First Internet Bancorp

INBK

20.57

+0.24%

  • The annual report said the bank continued operating as a branchless, digital lender and deposit-gatherer, with growth tied to nationwide deposit channels and Banking-as-a-Service partnerships.
  • Management reported actions to address credit issues in its SBA and franchise finance lines, alongside continued loan production in commercial categories including construction and investor commercial real estate.
  • The company said it completed the sale of USD 851 million in single tenant lease financing loans to Blackstone.
  • It reported fintech partnerships supporting about USD 165.8 billion in annual payments volume and USD 2 billion in partnership deposits.


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