News & Videos - FIRST INTERNET BANCORP

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,...

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...

First Internet Bank announced today that Lorraine (Lorrie) Ortiz has joined as Chief People Officer. She will be responsible for a range of talent strategies and human resource programs, including leading efforts to drive the company’s employee experience, diversity and inclusion initiatives and talent acquisition and development efforts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230425005882/en/ Lorraine Ortiz, First Internet...

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...

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 April 17, 2023 to shareholders of record at the close of business on March 31, 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...

First Internet Bank announced today it has renewed its participation in the IntraFi ® deposit network to offer ICS ® and CDARS ® . The program allows First Internet Bank customers to enjoy the safety and simplicity that comes with access to FDIC insurance protection at IntraFi network banks on deposits in an aggregate amount that is greater than $250,000. With ICS, depositors maintain access to funds placed in money market demand accounts. With CDARS, depositors select from multiple term...

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...

First Internet Bank announced today that Alan Peterson has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Small Business Administration (SBA) lending team brings to the position a deep experience base in finance and SBA lending. “Alan has operated in the SBA arena for the last ten years and will make an immediate impact,” stated Vice President, National Sales Manager Mark Gibson. “His hands-on approach and entrepreneurial mindset...

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...

The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has authorized a new stock repurchase program (the “Program”) with an aggregate purchase price of up to $25.0 million. The Program is scheduled to expire on December 31, 2023, and replaces the Company’s previously announced stock repurchase program. The Program permits the Company to acquire shares of its common stock from time to time in the open market or in privately negotiated transactions at prices...

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 January 17, 2023 to shareholders of record at the close of business on December 30, 2022. 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,...

First Internet Bank has been named one of the Best Banks to Work For by American Banker and Best Companies Group. This marks the tenth consecutive year the Bank has been selected. The annual program recognizes financial institutions nationwide that display outstanding levels of employee engagement and create positive workplace cultures. “It is an honor to be selected,” said David Becker, Chairman and Chief Executive Officer. “We take great pride in the talented and diverse team we have...

First Internet Bank announced today that Ben Rosensweet has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Small Business Administration (SBA) team brings a wealth of experience in finance and new business development, as well as equipment and commercial finance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221103005845/en/ Ben Rosensweet, Vice President, Senior Business...