By Business Wire, October 01, 2013, 08:00:00 AM EDT
First Internet Bancorp (NASDAQ:INBK) announced today that it has filed a
registration statement on Form S-1 with the U.S. Securities and Exchange
Commission (SEC) relating to a proposed underwritten public offering of
shares of its common stock having an aggregate offering price of $25.0
million. In addition, the Company expects to grant the underwriters the
option to purchase additional shares having an aggregate offering price
of up to $3.75 million to cover over-allotments.
Sandler O'Neill + Partners, L.P. is the sole book-running manager of the
offering and Keefe, Bruyette & Woods, Inc. is acting as co-manager. This
offering will be made only by means of a prospectus. Once available, a
preliminary prospectus relating to these securities may be obtained from
Sandler O'Neill + Partners, L.P., 1251 Avenue of the Americas, 6th
Floor, New York, NY 10020, (866) 805-4128. The registration statement
may be accessed through the SEC's website at www.sec.gov.
About First Internet Bancorp
First Internet Bancorp (NASDAQ:INBK) is the parent company of First
Internet Bank of Indiana (www.firstib.com),
a premier provider of online retail and business banking services
nationwide. First Internet Bank opened for business in 1999. The Bancorp
became the parent of the Bank effective March 21, 2006.
About First Internet Bank of Indiana
First Internet Bank of Indiana is the first state-chartered,
FDIC-insured institution to operate solely via the Internet and has
customers in all 50 states. Deposit services include checking accounts,
regular and money market savings accounts, 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.
A registration statement relating to these securities has been filed
with the SEC but has not yet become effective.These securities
may not be sold, nor may offers to buy be accepted, prior to the time
the registration statement becomes effective.This press release
shall not constitute an offer to sell or a solicitation of an offer to
buy, nor may there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any state or jurisdiction.
Source: First Internet Bancorp