First Internet Bancorp (INBK) - Total Assets
Based on the latest financial reports, First Internet Bancorp (INBK) holds total assets worth $5.57 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See INBK total equity for net asset value and shareholders' equity analysis.
First Internet Bancorp - Total Assets Trend (2005–2025)
This chart illustrates how First Internet Bancorp's total assets have evolved over time, based on quarterly financial data.
First Internet Bancorp - Asset Composition Analysis
Current Asset Composition (December 2025)
First Internet Bancorp's total assets of $5.57 Billion consist of 14.6% current assets and 85.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $27.91 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $4.69 Million | 0.1% |
Asset Composition Trend (2005–2025)
This chart illustrates how First Internet Bancorp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is First Internet Bancorp worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Internet Bancorp's current assets represent 14.6% of total assets in 2025, an increase from 2.0% in 2005.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, down from 1.5% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
First Internet Bancorp Competitors by Total Assets
Key competitors of First Internet Bancorp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Vestjysk Bank A/S
CO:VJBA
|
Denmark | Dkr50.22 Billion |
|
VersaBank
TO:VBNK
|
Canada | CA$6.15 Billion |
|
Bank Agris Tbk
JK:AGRS
|
Indonesia | Rp22.51 Trillion |
|
RMB Holdings Ltd
JSE:RMH
|
South Africa | ZAC720.00 Million |
|
Bank Tabungan Pensiunan Nasional Syariah PT
JK:BTPS
|
Indonesia | Rp21.66 Trillion |
|
Banco Bradesco DRC
BA:BBD
|
Argentina | AR$2.20 Trillion |
|
Grupo Financiero Galicia S.A.
BA:GGAL
|
Argentina | AR$42.00 Trillion |
First Internet Bancorp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 0.38 | 0.56 |
| Quick Ratio | 0.32 | 0.38 | 0.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.73 Billion | $-3.08 Billion | $-1.42 Billion |
First Internet Bancorp - Advanced Valuation Insights
This section examines the relationship between First Internet Bancorp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.53 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | $5.57 Billion |
| Market Capitalization | $189.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Internet Bancorp's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: First Internet Bancorp's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for First Internet Bancorp (2005–2025)
The table below shows the annual total assets of First Internet Bancorp from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $5.57 Billion | -2.90% |
| 2024-12-31 | $5.74 Billion | +11.04% |
| 2023-12-31 | $5.17 Billion | +13.75% |
| 2022-12-31 | $4.54 Billion | +7.89% |
| 2021-12-31 | $4.21 Billion | -0.83% |
| 2020-12-31 | $4.25 Billion | +3.56% |
| 2019-12-31 | $4.10 Billion | +15.77% |
| 2018-12-31 | $3.54 Billion | +27.97% |
| 2017-12-31 | $2.77 Billion | +49.25% |
| 2016-12-31 | $1.85 Billion | +46.03% |
| 2015-12-31 | $1.27 Billion | +30.85% |
| 2014-12-31 | $970.50 Million | +20.96% |
| 2013-12-31 | $802.34 Million | +26.08% |
| 2012-12-31 | $636.37 Million | +8.70% |
| 2011-12-31 | $585.44 Million | +16.18% |
| 2010-12-31 | $503.92 Million | -0.14% |
| 2009-12-31 | $504.62 Million | -7.08% |
| 2008-12-31 | $543.04 Million | -2.66% |
| 2007-12-31 | $557.90 Million | +15.38% |
| 2006-12-31 | $483.53 Million | +12.02% |
| 2005-12-31 | $431.65 Million | -- |
About First Internet Bancorp
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certi… Read more