First Internet Bancorp announces pricing of common stock

|By:, SA News Editor

First Internet Bancorp (INBK+5.6%) priced underwritten offering of 945K shares at a price of $26.50/share for net proceeds of approx. $23.4M.

The offering is expected to close on or about December 20, 2016.

Sole book-runner: Keefe, Bruyette & Woods; Co-Manager: FIG Partners.

Net proceeds to be used for general corporate purposes, repayment of indebtedness, financing investments and capital expenditures, and for investments in the Bank as regulatory capital.

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