Company Website:
http://www.firstinternetbancorp.com/
FISHERS, Ind. -- (Business Wire)
First Internet Bancorp (the “Company”) (NASDAQ: INBK), the parent
company of First Internet Bank (the “Bank”) (www.firstib.com),
announced today that it has completed its previously announced
underwritten public offering of 1,650,000 shares of its common stock at
a price of $29.00 per share. The Company received net proceeds of
approximately $44.8 million after deducting underwriting discounts and
commissions and offering expenses. The Company has granted the
underwriters a 30-day option to purchase up to an additional 247,500
shares of its common stock. Keefe, Bruyette & Woods, Inc., a
Stifel Company, served as the sole book-running manager for the
offering, with FIG Partners, LLC and Hovde Group LLC serving as
co-managers.
The Company has filed with the U.S. Securities and Exchange Commission
(“SEC”) a prospectus supplement to the prospectus contained in the
registration statement on Form S-3 (File No. 333-219841) for the
underwritten public offering of common stock described in this
communication. The sale of shares in the underwritten public offering
was made pursuant to the prospectus and prospectus supplement. Copies of
the prospectus supplement and accompany prospectus related to the
underwritten public offering may be obtained by contacting Keefe,
Bruyette & Woods, Inc., Equity Capital Markets, 787 Seventh Avenue, 4th
Floor, New York, NY 10019, by calling toll-free (800) 966-1559. These
documents are available at no charge by visiting the SEC’s website at www.sec.gov.
This press release is for informational purposes only and is not an
offer to sell or the solicitation of an offer to sell any security of
the Company, which is made only by means of a prospectus supplement and
related prospectus, nor will there be any sale of any security in any
jurisdiction in which such offer, solicitation or sale would be unlawful.
About First Internet Bancorp
First Internet Bancorp is a bank holding company with assets of $2.4
billion as of June 30, 2017. The Company’s subsidiary, First Internet
Bank, opened for business in 1999 as an industry pioneer in the
branchless delivery of banking services. The Bank now provides consumer
and small business deposit, consumer loan, residential mortgage, and
specialty finance services nationally as well as commercial real estate
loans, commercial and industrial loans and treasury management services
in select geographies. First Internet Bancorp’s common stock trades on
the NASDAQ Global Select Market under the symbol “INBK” and is a
component of the Russell 2000® Index. Additional information about the
Company is available at www.firstinternetbancorp.com and
additional information about the Bank, including its products and
services, is available at www.firstib.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170919006467/en/
Contacts:
First Internet Bancorp
Investors/Analysts
Paula
Deemer, Investor Relations, 317-428-4628
investors@firstib.com
or
Media
Nicole
Lorch, Executive Vice President and Chief Operating Officer, 317-532-7906
nlorch@firstib.com
Source: First Internet Bancorp
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