First Internet Bancorp Announces Quarterly Dividend

  First Internet Bancorp Announces Quarterly Dividend

Business Wire

INDIANAPOLIS -- September 26, 2013

The Board of Directors of First Internet Bancorp (NASDAQ:INBK) has declared a
cash dividend for the third quarter of 2013 of $0.06 per common share. The
dividend is payable on October 15, 2013 to shareholders of record at the close
of business on October 7, 2013.

The dividend is consistent with the prior quarter. The Bancorp paid its
first-ever quarterly dividend of $0.06 in the first quarter 2013. The second
quarter dividend was also $0.06; however, giving effect to the June 21, 2013
three-for-two split of the Company’s common stock, the second and third
quarter dividends represented a 50% increase from the dividend paid for the
first quarter.

Future declarations of dividends are subject to approval of the Board of
Directors and will depend on the Company’s results of operations, financial
condition and other factors considered relevant by the board.

About First Internet Bancorp

First Internet Bancorp (NASDAQ:INBK) is the parent company of First Internet
Bank of Indiana (www.firstib.com), a premier provider of online retail and
business banking services nationwide. First Internet Bank opened for business
in 1999. The Bancorp became the parent of the Bank effective March 21, 2006.

About First Internet Bank of Indiana

First Internet Bank of Indiana is the first state-chartered, FDIC-insured
institution to operate solely via the Internet and has customers in all
50states. Deposit services include checking accounts, regular and money
market savings accounts, CDs and IRAs. First Internet Bank also offers
consumer loans, conforming mortgages, jumbo mortgages, home equity loans and
lines of credit, and commercial loans. Earlier this year, First Internet Bank
was named one of the Best Places to Work in Indiana by the Indiana Chamber of
Commerce. The bank is a wholly owned subsidiary of First Internet Bancorp.

Safe Harbor Statement

This press release may contain forward-looking statements with respect to the
financial condition, results of operations, plans, objectives, future
performance or business of the Company. Forward-looking statements are
generally identifiable by the use of words such as “believe,” “expect,”
“anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,”
“should” or other similar expressions. Forward-looking statements are not a
guarantee of future performance or results, are based on information available
at the time the statements are made and involve known and unknown risks,
uncertainties and other factors that could cause actual results to differ
materially from the information in the forward-looking statements. Factors
that may cause such differences include: risks associated with the regulation
of financial institutions and holding companies, including capital
requirements and the costs of regulatory compliance; failures or interruptions
in communications and information systems; general economic conditions and
conditions in the lending markets; competition; the plans to grow commercial
lending; the loss of key members of management and other matters discussed in
the press release. All statements in this press release, including
forward-looking statements, speak only as of the date they are made, and the
Company undertakes no obligation to update any statement in light of new
information or future events.

Contact:

First Internet Bancorp
Paula Deemer, 317-428-4628
investors@firstib.com
 
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