INBK - Earnings announcements

- Net income of $2.5 million, up 166% year-over-year - - Diluted earnings per share of $0.29, up 164% year-over-year - - Company to hold earnings call today at 5pm ET - First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the first quarter ended March 31, 2026. Key Business Updates Revenue Momentum: Growth in net interest income (up 26%) and fully-taxable equivalent ("FTE") net interest margin (now 2.45%) drove quarterly revenue up 21% year-over-year to $43.1 million. When combined with well-managed expenses, pre-provision net revenue grew 51% year-over-year. Credit Trend

Conference call and webcast to be held at 5:00 p.m. on Thursday, April 30 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it will host a conference call and webcast to review first quarter 2026 financial results on Thursday, April 30 at 5:00 p.m. Eastern Time. The financial results are scheduled to be released after the market closes on Thursday, April 30. Conference Call and Webcast Information: Date and Time: Thursday, April 30, 5:00 p.m. Eastern Time   Telephone Access:     1-800-715-9871 (U.S. toll free) 1-646-307-1963 (Toll)   Telephone Re

- Net income of $5.3 million, diluted EPS $0.60 - - Company to hold earnings call today at 5pm ET - First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the fourth quarter and fiscal year ended December 31, 2025. Key Business Updates Revenue Momentum: Strong growth in net interest income (up 29%) and fully-taxable equivalent ("FTE") net interest margin (now 2.30%) drove adjusted quarterly revenue up 21% year-over-year to $42.1 million1. When combined with well-managed expenses, adjusted pre-provision net revenue grew 66% year-over-year. Credit Trends: The provision for

Conference call and webcast to be held at 5:00 p.m. on Thursday, January 29 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it will host a conference call and webcast to review fourth quarter 2025 and full year financial results on Thursday, January 29 at 5:00 p.m. Eastern Time. The financial results are scheduled to be released after the market closes on Thursday, January 29. Conference Call and Webcast Information: Date and Time: Thursday, January 29, 5:00 p.m. Eastern Time Telephone Access:       1-800-549-8228 (U.S. toll free) 1-646-564-2877 (U.S. t

- Increased adjusted revenue by 30% year-over-year to $43.5 million1 - - FTE NIM expanded by 42 bps year-over-year to 2.12%1 - - Took decisive action on credit - leading to improving delinquencies - - Completed a major loan sale – enhancing regulatory capital ratios and balance sheet flexibility - First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the third quarter ended September 30, 2025. "Our third quarter results demonstrated strong operational momentum with solid growth in net interest income and continued improvement in our net interest margin," said David Becker,

Conference call and webcast to be held on Thursday, October 23 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its third quarter 2025 financial results after the market closes on Wednesday, October 22, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, October 23 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, October 23, 2025, 2:00 p.m. Eastern Time Telephone Access:       1-800-549-8228 (U.S. toll free) 1-646-564-2877 (U.S. toll) 1-289

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Performance Net income of $0.2 million and diluted earnings per share of $0.02 Pre-tax, pre-provision income ("PTPP") of $11.7 million1 A decrease of 1.8% from PTPP1 for the first quarter of 2025 An increase of 17.2% from PTPP1 for the second quarter of 2024 Net interest income of $28.0 million and fully-taxable net interest income of $29.1 million1, increases of 11.5% and 11.0%, respectively, from the first quarter of 2025 Net interest ma

Conference call and webcast to be held on Thursday, July 24 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its second quarter 2025 financial results after the market closes on Wednesday, July 23, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, July 24 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, July 24, 2025, 2:00 p.m. Eastern Time   Telephone Access: 1-800-549-8228 (U.S. toll free)   1-646-564-2877 (U.S. toll)   1-289

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Net income of $0.9 million and diluted earnings per share of $0.11 Pre-tax, pre-provision income ("PTPP") of $12.0 million1 An increase of 10.8% from adjusted PTPP1 for the fourth quarter of 2024 An increase of 48.5% from PTPP1 for the first quarter of 2024 Net interest income of $25.1 million and fully taxable net interest income of $26.3 million1, increases of 6.6% and 6.3%, respectively, from the fourth quarter of 2024 Net interest m

Conference call and webcast to be held on Thursday, April 24 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, April 24 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time:     Thursday, April 24, 2025, 2:00 p.m. Eastern Time   Telephone Access:           1-800-549-8228 (U.S. toll free) 1-646-564-2877 (U.S. toll) 1-289-819-1520 (

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Net income of $7.3 million, an increase of 4.9% from the third quarter of 2024 Diluted earnings per share of $0.83, an increase of 3.8% from the third quarter of 2024 Net interest income of $23.6 million and fully taxable equivalent net interest income of $24.7 million1, increases of 8.2% and 7.9%, respectively, from the third quarter of 2024 Net interest margin of 1.67% and fully taxable equivalent net interest margin

Conference call and webcast to be held on Thursday, January 23 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its fourth quarter 2024 financial results after the market closes on Wednesday, January 22, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, January 23 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, January 23, 2025, 2:00 p.m. Eastern Time Telephone Access:       1-800-549-8228 (U.S. toll free) 1-646-564-2877 (U.S. toll) 1-28

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net income of $7.0 million, an increase of 21.0% from the second quarter of 2024 Diluted earnings per share of $0.80, an increase of 19.4% from the second quarter of 2024 Net interest income of $21.8 million and fully-taxable equivalent net interest income1 of $22.9 million, increases of 2.1% and 1.8%, respectively, from the second quarter of 2024 Net interest margin of 1.62% and fully-taxable equivalent net interest margin1 of 1.70%, com

Conference call and webcast to be held on Thursday, October 24 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its third quarter 2024 financial results after the market closes on Wednesday, October 23, 2024. A conference call and webcast to discuss the results will be held the following day, Thursday, October 24 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time: Thursday, October 24, 2024, 2:00 p.m. Eastern Time   Telephone Access: 1-888-259-6580 (U.S. toll free)   1-206-962-3782 (U.S. toll)   1-416-764-

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Net income of $5.8 million and adjusted net income1 of $6.2 million, increases of 11.5% and 20.2%, respectively, from the first quarter of 2024 Diluted earnings per share of $0.67 and adjusted diluted earnings per share1 of $0.72, increases of 13.6% and 22.0%, respectively, from the first quarter of 2024 Net interest income of $21.3 million and fully-taxable equivalent net interest income1 of $22.5 million, increases of 2.9% and 2.6%, resp

Conference call and webcast to be held on Thursday, July 25 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. A conference call and webcast to discuss the results will be held the following day, Thursday, July 25 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time: Thursday, July 25, 2024, 2:00 p.m. Eastern Time   Telephone Access:       1-888-259-6580 (U.S. toll free) 1-206-962-3782 (U.S. toll) 1-416-

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net income of $5.2 million and diluted earnings per share of $0.59, increases of 25.1% and 22.9%, respectively, from the fourth quarter of 2023 Net interest income of $20.7 million and fully-taxable equivalent net interest income of $21.9 million, increases of 4.7% and 4.2%, respectively, from the fourth quarter of 2023 Net interest margin of 1.66% and fully-taxable equivalent net interest margin of 1.75%, increases of 8 basis points and 7

Conference call and webcast to be held on Thursday, April 25 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its first quarter 2024 financial results after the market closes on Wednesday, April 24, 2024. A conference call and webcast to discuss the results will be held the following day, Thursday, April 25 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, April 25, 2024, 2:00 p.m. Eastern Time   Telephone Access: 1-888-259-6580 (U.S. toll free)   1-206-962-3782 (U.S. toll)  

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net income of $4.1 million and diluted earnings per share of $0.48, increases of 21.5% and 23.1%, respectively, from the third quarter of 2023 Net interest income of $19.8 million and fully-taxable equivalent net interest income of $21.0 million, increases of 14.0% and 12.9%, respectively, from the third quarter of 2023 Net interest margin of 1.58% and fully-taxable equivalent net interest margin of 1.68%, both increasi

Conference call and webcast to be held on Thursday, January 25 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its fourth quarter 2023 financial results after the market closes on Wednesday, January 24, 2024. A conference call and webcast to discuss the results will be held the following day, Thursday, January 25 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, January 25, 2024, 2:00 p.m. Eastern Time   Telephone Access: 1-888-259-6580 (U.S. toll free)   1-206-962-3782 (U.S. toll)  

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights Net income of $3.4 million and diluted earnings per share of $0.39 Deposit growth of $229.2 million, a 5.9% increase from the second quarter of 2023 Loan growth of $88.2 million, a 2.4% increase from the second quarter of 2023 The loans to deposits ratio was 91.5%, compared to 94.6% at the prior quarter-end Net interest margin of 1.39% and fully-taxable equivalent net interest margin of 1.49%, compared to 1.53% and 1.64%, respecti

Conference call and webcast to be held on Thursday, October 26 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its third quarter 2023 financial results after the market closes on Wednesday, October 25, 2023. A conference call and webcast to discuss the results will be held the following day, Thursday, October 26 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, October 26, 2023, 2:00 p.m. Eastern Time   Telephone Access:       1-888-259-6580 (U.S. toll free) 1-206-962-3782 (U.S. toll)

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights Net income of $3.9 million and diluted earnings per share of $0.44 Deposit growth of $232.0 million, a 6.4% increase from the first quarter of 2023 Loan growth of $39.6 million, a 1.1% increase from the first quarter of 2023 The loans to deposits ratio was 94.6%, compared to 99.6% in the first quarter of 2023 Net interest margin of 1.53% and fully-taxable equivalent net interest margin of 1.64%, compared to 1.76% and 1.89%, respectiv

Conference call and webcast to be held on Thursday, July 27 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its second quarter 2023 financial results after the market closes on Wednesday, July 26, 2023. A conference call and webcast to discuss the results will be held the following day, Thursday, July 27 at 2:00 p.m., Eastern Time.   Conference Call and Webcast Information: Date and Time: Thursday, July 27, 2023, 2:00 p.m. Eastern Time   Telephone Access: 1-888-259-6580 (U.S. toll free)   1-206-962-3782 (U.S. toll)

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the first quarter ended March 31, 2023. Addressing Recent Market Events Deposit growth of $181.0 million in the first quarter, a 5.3% increase from the fourth quarter of 2022 Estimated uninsured deposits represented 26% of total deposits at March 31, 2023, and 19% of total deposits after adjusting for insured/collateralized public funds and contractual deposits No additional borrowing from either the FHLB or the Federal Reserve during the first quarter; total borrowing availability of $628 million across all facilities

Conference call and webcast to be held on Thursday, April 27 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its first quarter 2023 financial results after the market closes on Wednesday, April 26, 2023. A conference call and webcast to discuss the results will be held the following day, Thursday, April 27 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time:   Thursday, April 27, 2023, 2:00 p.m. Eastern Time     Telephone Access:         1-833-470-1428 (U.S. toll free) 1-226-828-7575 (Canada toll f

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter and Full Year 2022 Commentary Market forces and the economic climate, both driven in part by the post-pandemic recovery, had a significant impact on the Company's 2022 financial results and frame the Company's strategy for 2023 and beyond. Loan demand was strong throughout the year. Total loan portfolio balances increased 7.5% from the third quarter of 2022 and 21.2% from the fourth quarter of 2021. However, intense competition for deposits through the mo

Conference call and webcast to be held on Thursday, January 26 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its fourth quarter 2022 financial results after the market closes on Wednesday, January 25, 2023. A conference call and webcast to discuss the results will be held the following day, Thursday, January 26 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time: Thursday, January 26, 2023, 2:00 p.m. Eastern Time   Telephone Access: 1-844-200-6205 (U.S. toll free)   1-833-950-0062 (Canada toll free)   1-929-526

Highlights for the third quarter include: Quarterly net income of $8.4 million, compared to $9.5 million for the second quarter of 2022 and $12.1 million for the third quarter of 2021 Quarterly diluted earnings per share of $0.89, compared to $0.99 for the second quarter of 2022 and $1.21 for the third quarter of 2021 Quarterly adjusted net income of $8.5 million, or $0.90 adjusted diluted earnings per share, when excluding nonrecurring expenses Loan growth of $173.8 million, a 5.6% increase from the second quarter of 2022 and a 10.9% increase from the third quarter of 2021 Net interest margin of 2.40% and fully-taxable equivalent net interest margin of 2.53% Repurchased 120,000

Conference call and webcast to be held on Thursday, October 20 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its third quarter 2022 financial results after the market closes on Wednesday, October 19, 2022. A conference call and webcast to discuss the results will be held the following day, Thursday, October 20, 2022 at 12:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time:   Thursday, October 20, 2022, 12:00 p.m. Eastern Time     Telephone Access:         1-844-200-6205 (U.S. toll free) 1-833-950-0062 (Canada toll free)

Highlights for the second quarter include: Quarterly net income of $9.5 million, compared to $11.2 million for the first quarter of 2022 and $13.1 million for the second quarter of 2021 Quarterly diluted earnings per share of $0.99, compared to $1.14 for the first quarter of 2022 and $1.31 for the second quarter of 2021 Quarterly adjusted net income of $10.3 million, or $1.06 per diluted share, when excluding nonrecurring expenses Loan growth of $201.3 million, a 7.0% increase from the first quarter of 2022 and a 4.2% increase from the second quarter of 2021 Net interest margin and fully-taxable equivalent net interest margin increased 4 basis points ("bps") and 5 bps, respectivel

Conference call and webcast to be held on Thursday, July 21 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its second quarter 2022 financial results after the market close on Wednesday, July 20, 2022. A conference call and webcast to discuss the results will be held the following day, Thursday, July 21, 2022 at 12:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, July 21, 2022, 12:00 p.m. Eastern Time   Telephone Access:       1-844-200-6205 (U.S. toll free) 1-833-950-0062 (Canada toll free) 1-929-526-1599 (Int

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today that First Century Bancorp. ("First Century") has terminated the agreement and plan of merger between the two companies. Under the agreement, announced November 2, 2021, the consummation of the merger was to have occurred on or before April 30, 2022. The Board of Governors of the Federal Reserve approved the merger on April 29, 2022, but the parties were precluded from closing immediately thereafter due to statutory waiting periods. The parties were unable to agree on extension terms; First Century terminated the agreement on May 1, 2022. David Becker, CEO and Chair

Highlights for the first quarter include: Quarterly net income of $11.2 million, compared to $12.5 million for the fourth quarter of 2021 and $10.5 million for the first quarter of 2021 Quarterly diluted earnings per share of $1.14, compared to $1.25 for the fourth quarter of 2021 and $1.05 for the first quarter of 2021 Quarterly adjusted net income of $12.0 million, or $1.22 per diluted share, when excluding nonrecurring consulting fees and acquisition-related expenses Total quarterly revenue of $32.6 million, a 4.4% increase from the fourth quarter of 2021 and a 12.7% increase from the first quarter of 2021 Net interest margin and fully-taxable equivalent net interest margin inc

Conference call and webcast to be held on Thursday, April 21 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its first quarter 2022 financial results after the market close on Wednesday, April 20, 2022. A conference call and webcast to discuss the results will be held the following day, Thursday, April 21, 2022 at 12:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, April 21, 2022, 12:00 p.m. Eastern Time Telephone Access:       1-844-200-6205 (U.S. toll free) 1-833-950-0062 (Canada toll free) 1-929-526-1599 (Internat

Highlights for the fourth quarter and full year 2021 include: Record annual net income and diluted earnings per share of $48.1 million and $4.82, respectively Quarterly net income of $12.5 million, compared to $12.1 million for the third quarter of 2021 and $11.1 million for the fourth quarter of 2020 Quarterly diluted earnings per share of $1.25, up 3.3% over the third quarter of 2021 and 11.6% over the fourth quarter of 2020 Quarterly adjusted net income of $13.0 million, or $1.30 per diluted share, when excluding an IT contract termination fee and acquisition-related expenses Total quarterly revenue of $31.2 million, an 8.6% increase from the third quarter of 2021 and a 1.0% de

Conference call and webcast to be held on Thursday, January 20 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its fourth quarter 2021 financial results after the market close on Wednesday, January 19, 2022. A conference call and webcast to discuss the results will be held the following day, Thursday, January 20, 2022 at 12:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time: Thursday, January 20, 2022, 12:00 p.m. Eastern Time   Telephone Access: (Passcode not required) 1-888-348-3664 (U.S. toll free) 1-855-669-9657 (Canada toll

Combination Solidifies First Internet Bank's Position as a Premier Technology-Forward, Growth-Oriented Digital Financial Services Provider First Internet Bancorp ("First Internet" or the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), announced today it has entered into a definitive agreement to acquire First Century Bancorp ("First Century"), the parent company of First Century Bank, N.A. Headquartered in Roswell, GA, First Century is a technology-driven financial solutions company with lines of business focused on Payments, Tax Product Lending, Sponsored Card Programs and Homeowners Association ("HOA") Services. These attractive and scalable business lin

Highlights for the third quarter include: Net income of $12.1 million, an increase of 43.7% over the third quarter of 2020 Diluted earnings per share of $1.21, an increase of 40.7% over the third quarter of 2020 Adjusted net income of $12.7 million, or $1.27 per diluted share, when excluding $0.8 million of pre-tax costs associated with the redemption of subordinated notes Total revenue of $28.7 million and adjusted total revenue of $29.5 million, an increase of 2.8% over the third quarter of 2020 New board authorization to repurchase up to $30.0 million of common stock through the end of 2022 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Inte

Conference call and webcast to be held on Thursday, October 21 First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its third quarter 2021 financial results after the market close on Wednesday, October 20, 2021. A conference call and webcast to discuss the results will be held the following day, Thursday, October 21, 2021 at 12:00 p.m., Eastern Time. Conference Call and Webcast Information:   Date and Time:     Thursday, October 21, 2021, 12:00 p.m. Eastern Time   Telephone Access: (Passcode not required)     1-888-348-3664 (U.S. toll free) 1-855-669-9657 (Can

Highlights for the second quarter include: Record net income of $13.1 million, an increase of 233.1% over the second quarter of 2020 Record diluted earnings per share of $1.31, an increase of 227.5% over the second quarter of 2020   Adjusted net income of $11.1 million, or $1.11 per diluted share, when excluding a $2.5 million pre-tax gain on the sale of the Company's corporate headquarters Total revenue of $30.6 million, an increase of 57.6% over the second quarter of 2020 Adjusted revenue of $28.0 million, an increase of 44.6% over the second quarter of 2020 Net interest margin and fully-taxable equivalent net interest margin each increased 7 basis points ("bps") from the firs