First Internet Bank of Indiana: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The biggest quarter-over-quarter change on this page was a small one: Cost of borrowings edged up 0.15 percentage points between Q1 2026 and Q2 2026, to 3.76%. On net interest margin, First Internet Bank of Indiana is 3rd from the bottom among 87 Indiana banks, 2.56% (Q2 2026). First Internet Bank of Indiana reported 2.56% on net interest margin for Q2 2026, 1.15 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.67% |
| Yield on loans | 6.42% |
| Yield on securities | 3.99% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.33% |
| Cost of interest-bearing deposits | 3.38% |
| Cost of interest-bearing liabilities | 3.40% |
| Cost of borrowings | 3.76% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.56% |
| Yield to cost spread | 2.27% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $60.7M |
| Total interest expense | $42.6M |
| Interest expense on deposits | $40.3M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 5.12% | 3.73% | 1.59% | 5.40% | 3.19% |
| Q4 2023 | 5.36% | 3.77% | 1.78% | 5.66% | 3.54% |
| Q1 2024 | 5.48% | 3.74% | 1.84% | 5.80% | 3.66% |
| Q2 2024 | 5.56% | 3.78% | 1.84% | 5.90% | 3.83% |
| Q3 2024 | 5.65% | 3.95% | 1.82% | 6.03% | 3.92% |
| Q4 2024 | 5.59% | 3.84% | 1.86% | 6.05% | 3.90% |
| Q1 2025 | 5.53% | 3.67% | 1.97% | 6.00% | 3.94% |
| Q2 2025 | 5.67% | 3.65% | 2.12% | 6.14% | 4.05% |
| Q3 2025 | 5.56% | 3.60% | 2.02% | 6.06% | 3.87% |
| Q4 2025 | 5.71% | 3.42% | 2.34% | 6.45% | 3.91% |
| Q1 2026 | 5.63% | 3.25% | 2.51% | 6.37% | 3.94% |
| Q2 2026 | 5.67% | 3.33% | 2.56% | 6.42% | 3.99% |
First Internet Bank of Indiana yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock First Internet Bank of Indiana, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Internet Bank of Indiana profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 34607) · FFIEC NIC profile (RSSD 2758613)