First Internet Bancorp reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total interest income of $7,106,000 against $6,127,000 a year ago. Net interest income was $4,964,000 against $4,089,000 a year ago. Income before taxes was $657,000 against $2,328,000 a year ago. Net Income was $666,000 or $0.19 earnings per share against $1,554,000 or $0.54 earnings per share a year ago. The increase in net interest income reflected greater revenue from loans -- commercial as well as residential mortgage -- and a 5% decrease in interest expense.

For the year, the company reported total interest income of $25,536,000 against $24,374,000 a year ago. Net interest income was $17,448,000 against $15,842,000 a year ago. Income before taxes was $6,159,000 against $7,800,000 a year ago. Net income was $4,593,000 or $1.51 earnings per share against $5,606,000 or $1.95 earnings per share a year ago.