First Internet Bancorp Files Registration Statement with SEC for Proposed Public Offering of Common Stock

  First Internet Bancorp Files Registration Statement with SEC for Proposed
  Public Offering of Common Stock

Business Wire

INDIANAPOLIS -- October 1, 2013

First Internet Bancorp (NASDAQ:INBK) announced today that it has filed a
registration statement on Form S-1 with the U.S. Securities and Exchange
Commission (SEC) relating to a proposed underwritten public offering of shares
of its common stock having an aggregate offering price of $25.0 million. In
addition, the Company expects to grant the underwriters the option to purchase
additional shares having an aggregate offering price of up to $3.75 million to
cover over-allotments.

Sandler O’Neill + Partners, L.P. is the sole book-running manager of the
offering and Keefe, Bruyette & Woods, Inc. is acting as co-manager. This
offering will be made only by means of a prospectus. Once available, a
preliminary prospectus relating to these securities may be obtained from
Sandler O’Neill + Partners, L.P., 1251 Avenue of the Americas, 6^th Floor, New
York, NY 10020, (866) 805-4128. The registration statement may be accessed
through the SEC’s website at www.sec.gov.

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.

A registration statement relating to these securities has been filed with the
SEC but has not yet become effective. These securities may not be sold, nor
may offers to buy be accepted, prior to the time the registration statement
becomes effective. This press release shall not constitute an offer to sell or
a solicitation of an offer to buy, nor may there be any sale of these
securities in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful prior to registration or qualification under the
securities laws of any state or jurisdiction.

Contact:

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