First Internet Bancorp (INBK) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	140.6	123.5	120.6	122.2	99.1	70.5	49.1	37.0
Interest income on investments	12.5	9.0	12.9	16.4	13.4	12.8	9.2	4.0
	156.9	133.9	136.9	147.4	115.5	84.7	58.9	41.4
Interest on deposits	41.8	29.8	56.0	69.3	42.5	24.0	15.9	8.8
Total interest expense	59.8	47.3	72.3	84.4	53.2	30.7	19.2	10.7
Net interest income	97.1	86.6	64.5	63.0	62.3	54.0	39.7	30.8
Net interest income after provision for loan losses	97.1	86.6	64.5	63.0	62.3	54.0	39.7	30.8
Other non-interest income	21.3	32.8	36.3	16.8	8.8	10.5	39.8	28.4
Total non-interest income	21.3	32.8	36.3	16.8	8.8	10.5	39.8	28.4
Non-interest expenses	73.3	61.8	57.7	46.6	43.2	36.7	31.5	25.3
Pre-tax income before non-recurring items	40.1	59.1	33.9	27.2	24.0	22.9	18.0	13.7
Non-recurring items		2.5
Pre-tax income	40.1	56.6	33.9	27.2	24.0	22.9	18.0	13.7
Income taxes	4.6	8.5	4.4	1.9	2.1	7.7	5.9	4.7
Tax rate	11.4%	15.0%	13.1%	7.1%	8.6%	33.6%	32.9%	34.7%
Net income	35.5	48.1	29.5	25.2	21.9	15.2	12.1	8.9
Net margin	30.0%	40.3%	29.2%	31.6%	383.0%	194.3%	15.2%	15.1%

Basic EPS	$3.73	$4.85	$2.99	$2.51	$2.31	$2.14	$2.32	$1.97
Diluted EPS	$3.70	$4.82	$2.99	$2.51	$2.30	$2.13	$2.30	$1.96

Shares outstanding (basic)	9.5	9.9	9.8	10.0	9.5	7.1	5.2	4.5
Shares outstanding (diluted)	9.6	10.0	9.8	10.0	9.5	7.1	5.2	4.6

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.