First Internet Bancorp (First Internet Bancorp) Allowance For Loans And Lease Losses : $-30.65 Mil (As of Dec. 2023)

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What is First Internet Bancorp Allowance For Loans And Lease Losses?

First Internet Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-30.65 Mil.

First Internet Bancorp's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-36.06 Mil) to Sep. 2023 ($-28.09 Mil) but then declined from Sep. 2023 ($-28.09 Mil) to Dec. 2023 ($-30.65 Mil).

First Internet Bancorp's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-27.84 Mil) to Dec. 2022 ($-21.22 Mil) but then declined from Dec. 2022 ($-21.22 Mil) to Dec. 2023 ($-30.65 Mil).

First Internet Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for First Internet Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Internet Bancorp Allowance For Loans And Lease Losses Chart

First Internet Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-21.84

-29.48

-27.84

-21.22

-30.65

First Internet Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-36.88	-36.06	-28.09	-30.65	-40.89

First Internet Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

First Internet Bancorp Allowance For Loans And Lease Losses Related Terms

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First Internet Bancorp (First Internet Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Internet Bancorp (NAS:INBK) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

45H:Germany

Address

8701 E. 116th Street, Fishers, IN, USA, 46038

Website

https://www.firstinternetbancorp.com

First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.

Executives

Joseph A. Fenech	director	8701 E. 116TH STREET, FISHERS IN 46038
Justin P. Christian	director	11201 USA PARKWAY, FISHERS IN 46037
David B Becker	director, officer: CEO, President, Chairman	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Aasif M. Bade	director	11201 USA PARKWAY, FISHERS IN 46037
Nicole S. Lorch	officer: SVP, Retail Banking	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Keach John K Jr	director	C/O HOME FEDERAL BANCORP, 501 WASHINGTON STREET, COLUMBUS IN 47201
Ann C. Dee	director	600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Jerry L. Williams	director	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Michael L Smith	director	C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Ana Dutra	director	C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
C. Charles Perfetti	officer: Senior Vice President	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Kenneth J. Lovik	officer: Sr. Vice President and CFO	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Ann D. Murtlow	director	C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Jean L Wojtowicz	director	C/O VECTREN CORP, 20 NW FOURTH STREET, EVANVILLE IN 47711
David R. Lovejoy	director, other: Vice Chairman of the Board	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240