First Internet Bancorp
Close on Oct 19, 2026
- Market cap
- $225.58M
- P/E (TTM)
- –
- Dividend yield
- 0.94%
About First Internet Bancorp
State Commercial Banks, SIC 6022
First Internet Bancorp operates as a bank holding company for First Internet Bank of Indiana, conducting its activities across commercial, small business, consumer, and municipal banking segments. The company offers commercial and industrial loans, commercial real estate and construction financing, single tenant lease financing, specialty finance, and public finance lending to governmental entities. It also provides deposit products, credit cards, treasury management, and Small Business Administration loans, alongside fintech partnerships and dealer-originated consumer financing. Customers include consumers, small business owners, commercial enterprises, and public entities.
The company operates without traditional branch offices, delivering deposit and small business services digitally nationwide and originating consumer lending through national partner relationships. Commercial and industrial lending focuses primarily on the Midwest and Southwest regions, while other commercial, real estate, and municipal lending products are offered on a national scale. Headquartered in Fishers, Indiana, First Internet Bancorp employs 355 individuals across its operations.
Summary of the business section of First Internet Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- First Internet Bancorp
- Founded
- 1999
- Headquarters
- Fishers, IN
- Address
- 8701 E. 116th Street 46038
- Phone
- (317) 532-7900
- Website
- www.firstinternetbancorp.com
- Employees
- 355, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Indiana
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Indianapolis, Indiana
Stock & identifiers
- Ticker
- INBK
- Other tickers
- INBKZ
- Exchange
- Nasdaq
- IPO date
- Nov 22, 2013
- Shares outstanding
- 9M, Jul 31, 2026
- Public float
- $215.00M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, Aug 14, 2013; 15-for-10, Jun 24, 2013
- SEC CIK
- 1562463
- CUSIP
- 320557101
- ISIN
- US3205571017
- LEI
- 549300T25MP2M92XU194
- EIN
- 20-3489991
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David B. Becker | Chairman and CEO, Director | 432,810 |
| Kenneth J. Lovik | Executive Vice President & CFO | 51,733 |
| Nicole S. Lorch | President & COO | 78,449 |
| Justin P. Christian | Director | 42,000 |
| Ann C. Dee | Director | 19,532 |
| Joseph A. Fenech | Director | 16,585 |
| Jean L. Wojtowicz | Director | 42,421 |
| Michele L. Raines | Director | 6,440 |
| John K. Keach Jr | Director | 39,571 |
| Aasif M. Bade | Director | 46,835 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 David Becker | $1.49M | $674.23K | $798.99K | $76 | $211 |
| FY2024 David Becker | $1.93M | $2.14M | $1.00M | $159 | $144 |
| FY2023 David Becker | $1.73M | $1.41M | $894.14K | $106 | $107 |
| FY2022 David Becker | $1.82M | $342.70K | $668.81K | $105 | $98 |
| FY2021 David Becker | $1.92M | $2.90M | $725.60K | $203 | $119 |
| FY2020 David Becker | $2.03M | $2.03M | $685.87K | $123 | $87 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 355 people consisting of 354 full-time employees and 1 part-time employee.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 1, 2026 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 22, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 15, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 1, 2021 | Delisting | Notice of delisting from exchange (Form 25) |
| Jun 13, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 11, 2016 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 22, 2013 | IPO | Initial public offering priced (424B4 prospectus) |
| Nov 30, 2012 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |