First Internet Bank of Indiana


First Internet Bank of Indiana is an FDIC insured institution headquartered at 8701 E 116th St, Fishers, IN 46038.
It was founded in 1998 and has approximately $5 billion in assets. Customers can open an account at one of its 2 branches.

Deposit Rates - May 7, 2024

SAVINGS RATES APY MIN
CD RATES APY MIN
3 Mo CD
4.14% $1,000 Compare
6 Mo CD
5.18% $1,000 Compare
12 Mo CD
5.31% $1,000 Compare
18 Mo CD
5.04% $1,000 Compare
24 Mo CD
4.82% $1,000 Compare
36 Mo CD
4.66% $1,000 Compare
48 Mo CD
4.50% $1,000 Compare
60 Mo CD
4.55% $1,000 Compare
MM RATES APY MIN
Money Market
3.77% $1,000 Compare
Money Market
5.48% $1,000,000 Compare

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34607
Date Established 1998
Assets $ 5.15 billion
Loans $ 3.82 billion
Deposits $ 4.08 billion
Capital $ 444.22 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 405.90 million
Interest-bearing balances $ 397.63 million
Total securities $ 704.64 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.82 billion
Loan loss allowance $ 38.77 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.38 million
Goodwill and other intangibles $ 15.33 million
All other assets $ 105.91 million
     Total Assets $ 4.71 billion

LIABILITIES
Total deposits $ 4.08 billion
      Interest-bearing deposits $ 3.94 billion
      Deposits held in domestic offices $ 4.08 billion
      % insured (estimated) 74.83%
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 millionn
      Total Liabilities $ 4.71 billion
      Shareholders’ Equity $ 444.22 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 239.44 million
Total Interest Expense $ 159.16 million
Net interest income $ 80.28 million
Provision for loan and lease losses $ 16.65 million
Total non interest income $ 25.89 million
Total non interest expense $ 76.24 million
Pre-tax Net Operating Income $ 28.65 million

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Branches

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Your current location is: Columbus, OH

First Internet Bank of Indiana Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    ONLINE SAVINGS
    Bank
    -
    $50,000
    N.A.
    0.81%
    3.77x (National Avg. - 0.22%)
    $25
    -
    SCENARIO
    Year Rate
    0.81%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 405 284
    2 50,405 408 286
    3 50,813 412 288
    4 51,225 415 290
    5 51,640 418 293
    6 52,058 422 295
    7 52,480 425 298
    8 52,905 429 300
    9 53,333 432 302
    10 53,765 435 305
    11 54,201 439 307
    12 54,640 443 310
    13 55,082 446 312
    14 55,529 450 315
    15 55,978 453 317
    16 56,432 457 320
    17 56,889 461 323
    18 57,350 465 325
    19 57,814 468 328
    20 58,283 472 330
    TOTAL $8,755 $6,128
  • 2
    LOCAL SAVINGS
    Bank
    -
    $50,000
    N.A.
    5.15%
    23.95x (National Avg. - 0.22%)
    $0
    -
    SCENARIO
    Year Rate
    5.15%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,575 1,803
    2 52,575 2,708 1,895
    3 55,283 2,847 1,993
    4 58,130 2,994 2,096
    5 61,123 3,148 2,203
    6 64,271 3,310 2,317
    7 67,581 3,480 2,436
    8 71,062 3,660 2,562
    9 74,721 3,848 2,694
    10 78,569 4,046 2,832
    11 82,616 4,255 2,978
    12 86,870 4,474 3,132
    13 91,344 4,704 3,293
    14 96,049 4,946 3,463
    15 100,995 5,201 3,641
    16 106,196 5,469 3,828
    17 111,665 5,751 4,026
    18 117,416 6,047 4,233
    19 123,463 6,358 4,451
    20 129,821 6,686 4,680
    TOTAL $86,507 $60,555