ABOUT THE BANK

10.29.13

First Internet Bank Named Top Online Mortgage Originator

First Internet Bank took honors as the top Online Mortgage Originator in the 2013 Mortgage Technology Awards. The award recognizes a lender’s use of Web-based technologies to generate borrower leads and convert them into closed loans. The Bank received the award at a ceremony sponsored by Mortgage Technology on Sunday, October 27 in Washington, DC.

“What an honor it is to receive this award, as we have significantly expanded our online mortgage origination operation in recent years,” said President and CEO David Becker. “This award recognizes the hard work of our dedicated team and well respected business partners to deliver incredible service to a growing base of satisfied consumers.”

As a non-traditional bank, First Internet Bank offers consumer deposit accounts and loans nationally without a branch network and therefore boasts competitive rates and fees thanks to its lower cost structure. Prospective borrowers can get up-to-the-minute rate quotes and complete an online mortgage application – and even receive a decision – in just minutes, 24/7. Highly experienced and trained sales professionals provide guidance as needed and serve as a point of contact for the customer throughout the process. First Internet Bank offers both refinancing and homebuying programs, including FHA, VA, conventional, and jumbo financing.

About Mortgage Technology

Mortgage Technology covers technology trends and breaking news for loan originators, servicers and investors in the mortgage industry. It is a sister publication to the weekly newspaper and daily news website National Mortgage News. Parent company SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences.

About First Internet Bank
First Internet Bank of Indiana opened for business in 1999 as the first state-chartered, FDIC-insured institution to operate solely via the Internet and today has customers in all 50 states. Deposit services include checking accounts, regular and money market savings accounts with industry-leading interest rates, 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 (NASDAQ: INBK).

About First Internet Bancorp
First Internet Bancorp became the parent company of First Internet Bank in 2006.

Safe Harbor Statement

This press release may contain forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance or business of First Internet Bancorp.  Forward-looking statements are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should” or other similar expressions. Forward-looking statements are not a guarantee of future performance or results, are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the information in the forward-looking statements.  Factors that may cause such differences include: failures or interruptions in our information systems; growth in our commercial lending activities; declines in market values of our investments; technological obsolescence; our possible need for additional capital resources in the future; competition; loss of key members of management; fluctuations in interest rates; inadequate allowance for loan losses; risks relating to consumer lending; our dependence on capital distributions from the bank; our ability to maintain growth in our mortgage lending business; a decline in the mortgage loan markets or real estate markets; risks associated with the regulation of financial institutions; changes in regulatory capital requirements and other matters discussed in the press release. For a further list and description of such risks and uncertainties, see our periodic reports filed with the U.S. Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be set forth in our periodic reports.