0001562463false00015624632024-06-182024-06-180001562463us-gaap:CommonStockMember2024-06-182024-06-180001562463inbk:A60FixedToFloatingSubordinatedNotesDue2029Member2024-06-182024-06-18

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): June 18, 2024
First Internet Bancorp
(Exact Name of Registrant as Specified in Its Charter)
Indiana
(State or Other Jurisdiction of Incorporation)
001-3575020-3489991
(Commission File Number)(IRS Employer Identification No.)
8701 E. 116th Street46038
Fishers, Indiana
(Address of Principal Executive Offices)(Zip Code)
(317) 532-7900
(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolsName of each exchange on which registered
Common Stock, without par valueINBKThe Nasdaq Stock Market LLC
6.0% Fixed to Floating Subordinated Notes due 2029INBKZThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

                                    Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨


Item 7.01    Regulation FD Disclosure

On June 18, 2024, First Internet Bancorp issued a press release announcing a quarterly cash dividend of $0.06 per common share. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein.
The information contained in this Item 7.01 and Exhibit 99.1 hereto is being furnished and shall not be deemed to be “filed” with the Securities and Exchange Commission for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section and is not incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01    Financial Statements and Exhibits

NumberDescriptionMethod of filing
Furnished electronically
104Cover Page Interactive Data File (embedded in the cover page formatted in inline XBRL)






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated:June 18, 2024
FIRST INTERNET BANCORP
By:/s/ Kenneth J. Lovik
Kenneth J. Lovik, Executive Vice President & Chief Financial Officer



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First Internet Bancorp to Pay Cash Dividend

Fishers, Indiana, June 18, 2024 – The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on July 15, 2024 to shareholders of record at the close of business on June 28, 2024.

The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.


About First Internet Bancorp
First Internet Bancorp is a financial holding company with assets of $5.3 billion as of March 31, 2024. The Company’s subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. First Internet Bank provides consumer and small business deposit, SBA financing, franchise finance, consumer loans, and specialty finance services nationally as well as commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services on a regional basis. First Internet Bancorp’s common stock trades on the Nasdaq Global Select Market under the symbol “INBK”. Additional information about the Company is available at www.firstinternetbancorp.com and additional information about First Internet Bank, including its products and services, is available at www.firstib.com.

Contact Information:
Investors/AnalystsMedia
Paula DeemerBLASTmedia for First Internet Bank
Director of Corporate AdministrationZach Weismiller
(317) 428-4628firstib@blastmedia.com
investors@firstib.com


v3.24.1.1.u2
Cover
Jun. 18, 2024
Class of Stock [Line Items]  
Document Type 8-K
Document Period End Date Jun. 18, 2024
Entity Registrant Name First Internet Bancorp
Entity Incorporation, State or Country Code IN
Entity File Number 001-35750
Entity Tax Identification Number 20-3489991
Entity Address, Address Line One 8701 E. 116th Street
Entity Address, City or Town Fishers
Entity Address, State or Province IN
Entity Address, Postal Zip Code 46038
City Area Code 317
Local Phone Number 532-7900
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001562463
Amendment Flag false
Common Stock  
Class of Stock [Line Items]  
Title of 12(b) Security Common Stock, without par value
Trading Symbol INBK
Security Exchange Name NASDAQ
6.0% Fixed to Floating Subordinated Notes due 2029  
Class of Stock [Line Items]  
Title of 12(b) Security 6.0% Fixed to Floating Subordinated Notes due 2029
Trading Symbol INBKZ
Security Exchange Name NASDAQ
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