8701 E 116th St
Fishers, IN 46038
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First Internet Bank of Indiana is an FDIC insured institution located in Fishers, IN. It was founded in 1998 and has approximately $4.09 billion in assets. Customers can open an account at one of its 2 branches.
FDIC Insured | Yes |
FDIC Certificate | # 34607 |
Date Established | 1998 |
Assets | $ 4.09 billion |
Loans | $ 3.25 billion |
Deposits | $ 3.22 billion |
Capital | $ 431.58 million |
For a more detailed analysis of First Internet Bank of Indiana's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Your Current Location: Virginia, VA 20146
Savings and Money Market Rates | APY | MIN | MAX | |
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Money Market
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3.56% | $100 | - |
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CD Rates | APY | MIN | MAX | |
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6-Month CD
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4.52% | $1,000 | - |
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1-Year CD
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5.06% | $1,000 | - |
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18-Month CD
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4.86% | $1,000 | - |
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24-Month CD
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4.70% | $1,000 | - |
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3-Year CD
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4.54% | $1,000 | - |
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4-Year CD
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4.54% | $1,000 | - |
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5-Year CD
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4.49% | $1,000 | - |
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Checking Rates | APY | MIN | FEE | |
---|---|---|---|---|
Free Checking | 0.00% | $0 | $0.00 | Learn More |
Interest Checking | 0.55% | $500 | $10.00 | Learn More |
Your Current Location: Virginia, VA 20146
Home Equity Rates | APR | Rate | Monthly Payment | |
---|---|---|---|---|
Line of Credit See Table |
6.00% | 6.00% | Varies | |
Compare with RATE Line of Credit from New American Funding, LLC
![]() See All Home Equity Rates |
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10 Year Loan
See Table |
5.36% | 5.24% | $536.21 | |
15 Year Loan
See Table |
5.57% | 5.49% | $408.28 |
Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
---|---|---|---|---|
15 Year Fixed Jumbo See Amortization Table |
7.17% | 7.13% | $2,265.28 | |
15 Year Fixed Conforming See Amortization Table |
7.35% | 7.25% | $2,282.16 | |
20 Year Fixed Jumbo See Amortization Table |
7.54% | 7.50% | $2,013.98 | |
20 Year Fixed Conforming See Amortization Table |
7.70% | 7.63% | $2,033.90 | |
30 Year Fixed Jumbo See Amortization Table |
7.65% | 7.63% | $1,770.34 | |
30 Year Fixed Conforming See Amortization Table |
7.81% | 7.75% | $1,791.03 |
Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
---|---|---|---|---|
15 Year Fixed Jumbo See Amortization Table |
7.17% | 7.13% | $2,265.28 | |
15 Year Fixed Conforming See Amortization Table |
7.35% | 7.25% | $2,282.16 | |
20 Year Fixed Jumbo See Amortization Table |
7.54% | 7.50% | $2,013.98 | |
20 Year Fixed Conforming See Amortization Table |
7.70% | 7.63% | $2,033.90 | |
30 Year Fixed Jumbo See Amortization Table |
7.65% | 7.63% | $1,770.34 | |
Compare with 7.010% APR and 6.875% 30-Year Fixed RATE from Quicken Loans NMLS #3030
![]() See All Mortgage Rates |
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30 Year Fixed Conforming See Amortization Table |
7.81% | 7.75% | $1,791.03 | |
Compare with 7.010% APR and 6.875% 30-Year Fixed RATE from Quicken Loans NMLS #3030
![]() See All Mortgage Rates |
Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
First Internet Bank of Indiana branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ashburn,Virginia
First Internet Bank of Indiana is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
The following ratios and data are available to help you better understand the financial condition of First Internet Bank of Indiana. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
First Internet Bank of Indiana | U.S. Bank Average |
---|---|
1.3% | 8.03% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of September 30, 2022, First Internet Bank of Indiana had $6,005,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $431,575,000 in equity and $29,866,000 in loans loss reserves. That gives it a Texas Ratio of 1.3%.
First Internet Bank of Indiana | U.S. Bank Average |
---|---|
11.34% | 10.00% |
First Internet Bank of Indiana has a Return on Equity of 11.34% versus the BestCashCow average of 10.00%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
First Internet Bank of Indiana | U.S. Bank Average |
---|---|
10.55% | 9.96% |
First Internet Bank of Indiana has a Capitalization of 10.55% versus the BestCashCow average of 9.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
As of September 30, 2022, First Internet Bank of Indiana had assets of $4,091,510,000, loans of $3,249,143,000, and deposits of $3,218,386,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
ASSETS | |
---|---|
Cash & Balances due from depository institutions | $ 221.05 million |
Interest-bearing balances | $ 206.31 million |
Total securities | $ 587.21 million |
Federal funds sold and reverse repurchase | N.A. |
Net loans and leases | $ 3.25 billion |
Loan loss allowance | $ 29.87 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | N.A. |
Goodwill and other intangibles | $ 10.56 million |
All other assets | $ 105.91 million |
Total Assets | $ 3.82 billion |
LIABILITIES | |
---|---|
Total deposits | $ 3.22 billion |
Interest-bearing deposits | $ 3.05 billion |
Deposits held in domestic offices | $ 3.22 billion |
% insured (estimated) | 63.69% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | $ 464.93 million |
Subordinated debt | N.A. |
All other liabilities | $ 11.07 million |
Total Liabilities | $ 3.82 billion |
Shareholders’ Equity | $ 268.20 million |
INCOME AND EXPENSES | |
---|---|
Total Interest Income | $ 111.24 million |
Total Interest Expense | $ 31.79 million |
Net interest income | $ 79.45 million |
Provision for loan and lease losses | $ 2.87 million |
Total non interest income | $ 15.79 million |
Total non interest expense | $ 52.18 million |
Pre-tax Net Operating Income | $ 28.65 million |
The top three loan types in First Internet Bank of Indiana’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.
Compared to other banks, First Internet Bank of Indiana’s loan portfolio does not show any specific loan specialty.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
% Loans |
% Comparison to Other Banks |
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---|---|---|---|---|
Low | Med | High | ||
1-4 Family Residential Loans | 8.85 | ✓ | ||
Multifamily Mortgages |
0.00 | ✓ | ||
Credit Card Loans | 0.02 | ✓ | ||
Consumer Auto Loans | 0.02 | ✓ | ||
Small Business Loans | 0.00 | ✓ | ||
Construction and Development Loans | 5.98 | ✓ | ||
Commercial Real Estate | 32.73 | ✓ | ||
Commercial and Industrial Loans | 18.84 | ✓ | ||
Farm Loans | 0.00 | ✓ |
Customer Reviews for First Internet Bank of Indiana
Jim Plew
April 22, 2015
Hello, I am interested in a line of credit against my home. I have a high interest credit card that I want to move to this credit. I have a wells fargo mortgage which is only a few years old which I do not want to touch.
Jim
You can reach me by my work phone 765-451-0371, or at my e-mail james.r.plew@delphi.com
Is this review helpful? Yes:4 / No: 1
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