FIRST INTERNET BANCORP overview

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...

First Internet Bank announced today it has launched a new business account opening process. The streamlined user experience enables business owners to open and fund accounts online in minutes, improving conversion rates, reducing support calls and boosting customer satisfaction. With software powered by Narmi, coupled with re-engineered back office processes, First Internet Bank has decreased the time needed to open a new business account by 65%. Additionally, checking and savings applicants are...

ZURICH, SWITZERLAND / ACCESSWIRE / July 10, 2023 / The DFINITY Foundation, a not-for-profit science and technology organization and major contributor to the Internet Computer blockchain, and Dacade, a gamified, peer-to-peer learning platform, have launched the first Internet Computer: TypeScript Smart Contract 101 course . The course was developed in close cooperation with Demergent Labs, a Web3 open-source infrastructure company. The course targets developers familiar with TypeScipt programming...

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...

First Internet Bank announced today that two media outlets, Investopedia , a leading financial news and education source, and CNET , a technology-oriented review site, listed two of the bank’s accounts as leaders in their individual categories. Through its independent review process, Investopedia determined First Internet Bank’s high-yield Business Money Market Savings account was among the best for established businesses. The account delivers a high interest rate, low minimum opening...

The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on July 17, 2023 to shareholders of record at the close of business on June 30, 2023. The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, financial condition, capital...

For the tenth consecutive year, First Internet Bank has once again been selected as one The Indianapolis Star’s “Top Workplaces in Central Indiana,” a distinction determined by employee engagement surveys. “Knowing that this distinction is based exclusively on internal employee feedback makes this honor particularly rewarding,” said David Becker, Chairman and Chief Executive Officer. “Our team fuels our continued success. We have been able to create a unique workplace culture that...

First Internet Bank announced today that Charles Wheaton has joined the organization as Vice President, Senior Business Development Officer. With his vast experience in all facets of corporate lending, their newest member further strengthens the Bank’s Small Business Administration (SBA) team that ranks among national leaders in SBA lending. “Charles has actively worked with SBA lending for more than a dozen years and will be a tremendous asset as we continue to grow to serve our clients,...