First Internet Bancorp Named 2018 Bank & Thrift “Sm-All Star” by Sandler O’Neill + Partners, L.P.
FISHERS, Ind.--(BUSINESS WIRE)--Sep 20, 2018--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank ( www.firstib.com ), is pleased to announce that the Company has been named a member of the Sandler O’Neill Sm-All Stars: Class of 2018. The Sm-All Stars represent the top performing small-cap banks and thrifts in the United States.
“We are proud to be recognized by Sandler O’Neill as one of the best-performing banks in the country,” said Chairman, President and CEO David Becker. “This honor reflects the consistency of our results, our robust growth, the strength of our capital and credit quality, and our team’s commitment to delivering value for both our shareholders and customers.”
According to Sandler O’Neill + Partners, L.P., an investment banking firm and broker-dealer focused on the financial services sector, banks selected for the 2018 Sm-All Stars list have exceptional performance metrics in growth, profitability, credit quality and capital strength. Sandler O’Neill evaluated more than 400 publicly traded banks and thrifts with a market capitalization below $2.5 billion to identify the 30 small-cap depository institutions that stand out in the industry and comprise the Class of 2018.
About First Internet Bancorp
First Internet Bancorp is a bank holding company with assets of $3.1 billion as of June 30, 2018. 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.
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CONTACT: First Internet Bancorp
Paula Deemer, 317-428-4628
Nicole Lorch, 317-532-7906
Executive Vice President & Chief Operating Officer
KEYWORD: UNITED STATES NORTH AMERICA INDIANA
INDUSTRY KEYWORD: TECHNOLOGY INTERNET PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: First Internet Bancorp
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PUB: 09/20/2018 03:46 PM/DISC: 09/20/2018 03:46 PM