First Internet Bank Welcomes New Lender, Expands Municipal Lending Team - First Internet Bank

First Internet Bank Welcomes New Lender, Expands Municipal Lending Team

Released on July 31, 2017

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First Internet Bank announced that Nathan Bradds has joined its public finance lending team as Vice President. Mr. Bradds will bolster the municipal lending effort that has financed more than $175 million in public loans year-to-date under the leadership of Senior Vice President Timothy Dusing. Mr. Bradds will focus on energy efficiency financing projects nationwide.

“Opportunities in the municipal lending market have exceeded our initial expectations during the first half of 2017, and Nathan’s expertise is a welcome addition to our team,” said Dusing. “Nathan has a history of successfully structuring, negotiating and closing municipal financial transactions. I am confident he will be a key contributor as we continue to expand and diversify First Internet Bank’s municipal loan capabilities.”

Over the course of his 16-year career, Mr. Bradds has worked across the banking industry, in consumer, commercial and municipal lending roles, as well as in mergers and acquisitions. Most recently, he helped build Huntington Public Capital (“HPC”), a division of Huntington National Bank, into a key national lender within the public finance industry.

“First Internet Bank has done a great job cultivating a strong presence in the public finance space, and I’m thrilled to support this growing team,” said Mr. Bradds. “By tapping my network to further expand our efforts, we’re well-positioned to take advantage of this tremendous market opportunity.”

Mr. Bradds received his bachelor’s degree in Finance from Ohio University and his MBA from Miami University.

About First Internet Bank
First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $2.4 billion as of June 30, 2017, the Bank now provides consumer and small business deposit, consumer loan, residential mortgage, and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans and treasury management services in select geographies. Additional information about the Bank, including its products and services, is available at www.firstib.com. The Bank is a wholly owned subsidiary of First Internet Bancorp (NASDAQ: INBK).

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 the Company. 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 of or interruptions in the communications and information systems on which we rely to conduct our business; failure of our plans to grow our commercial real estate, commercial and industrial, and public finance loan portfolios; competition with national, regional and community financial institutions; the loss of any key members of senior management; fluctuations in interest rates; general economic conditions; risks relating to the regulation of financial institutions; and other factors identified in reports we file with the U.S. Securities and Exchange Commission. All statements in this press release, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.

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