First Internet Bank Named Top Online Mortgage Originator

  First Internet Bank Named Top Online Mortgage Originator

Business Wire

INDIANAPOLIS -- October 29, 2013

First Internet Bank took honors as the top Online Mortgage Originator in the
2013 Mortgage Technology Awards. The award recognizes a lender’s use of
Web-based technologies to generate borrower leads and convert them into closed
loans. The Bank received the award at a ceremony sponsored by Mortgage
Technology on Sunday, October 27 in Washington, DC.

“What an honor it is to receive this award, as we have significantly expanded
our online mortgage origination operation in recent years,” said President and
CEO David Becker. “This award recognizes the hard work of our dedicated team
and well respected business partners to deliver incredible service to a
growing base of satisfied consumers.”

As a non-traditional bank, First Internet Bank offers consumer deposit
accounts and loans nationally without a branch network and therefore boasts
competitive rates and fees thanks to its lower cost structure. Prospective
borrowers can get up-to-the-minute rate quotes and complete an online mortgage
application – and even receive a decision – in just minutes, 24/7. Highly
experienced and trained sales professionals provide guidance as needed and
serve as a point of contact for the customer throughout the process. First
Internet Bank offers both refinancing and homebuying programs, including FHA,
VA, conventional, and jumbo financing.

About Mortgage Technology

Mortgage Technology covers technology trends and breaking news for loan
originators, servicers and investors in the mortgage industry. It is a sister
publication to the weekly newspaper and daily news website National Mortgage
News. Parent company SourceMedia provides market information, including news,
analysis, and insight to the financial services and related industries such as
accounting and technology, through its publications, industry-standard data
applications, seminars and conferences.

About First Internet Bank

First Internet Bank of Indiana opened for business in 1999 as the first
state-chartered, FDIC-insured institution to operate solely via the Internet
and today has customers in all 50 states. Deposit services include checking
accounts, regular and money market savings accounts with industry-leading
interest rates, 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 (NASDAQ: INBK).

About First Internet Bancorp

First Internet Bancorp became the parent company of First Internet Bank in
2006.

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 First Internet Bancorp. 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: failures or interruptions in our
information systems; growth in our commercial lending activities; declines in
market values of our investments; technological obsolescence; our possible
need for additional capital resources in the future; competition; loss of key
members of management; fluctuations in interest rates; inadequate allowance
for loan losses; risks relating to consumer lending; our dependence on capital
distributions from the bank; our ability to maintain growth in our mortgage
lending business; a decline in the mortgage loan markets or real estate
markets; risks associated with the regulation of financial institutions;
changes in regulatory capital requirements and other matters discussed in the
press release. For a further list and description of such risks and
uncertainties, see our periodic reports filed with the U.S. Securities and
Exchange Commission. We disclaim any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be set forth in our periodic
reports.

Contact:

First Internet Bank
Karyssa Terhark, 317-428-4625