First Internet Bancorp Rings the NASDAQ Stock Market Opening Bell to Celebrate New Listing
First Internet Bancorp, the parent company of First Internet Bank of
Indiana, yesterday visited the NASDAQ MarketSite in Times Square to
celebrate its listing on the NASDAQ Capital Market under the symbol INBK.
David Becker, Chairman and CEO of First Internet Bancorp, rings the opening bell at the NASDAQ MarketSite in Times Square on February 28, 2013, to celebrate the company's listing on the NASDAQ Capital Market under the symbol INBK. Joining Becker on the stage were senior managers of the company, members of the board of directors, and family.
In honor of the occasion, David Becker, rang the Opening Bell.
“This is a very proud moment for me as Chairman and CEO,” Becker said in
a statement. “Our subsidiary, First Internet Bank, has come a long way
from a kernel of an idea fourteen years ago… In the last two years
alone, we have grown assets, loans, and deposits, all at double-digit
rates… Our credit quality and risk management practices have supported
our loan growth, and we maintain the highest asset quality possible
while we maintain diversity in both the loan types and geography. The
Bancorp is well capitalized and poised for growth. Our franchise is
scalable and can efficiently handle and leverage our infrastructure for
the future.”
David Wicks, Vice President of NASDAQ, remarked, “From the time of the
company’s launch of its innovative internet banking services to today,
the company has really combined innovation, technology, and a vision to
truly become a premier provider of nationwide online retail and business
banking services. All of this has positioned the company to deliver
solid financial performance. In fact, just last month, (the Bancorp)
announced record 2012 earnings, including a 76% increase in net income,
a growth in total assets, and a 10.8% increase in tangible book value.
All of that is truly impressive performance. Today, NASDAQ is truly
proud to be First Internet Bancorp’s partner, working together, driving
innovation, driving growth, and this morning, we are proud to recognize
all of you for your leadership and wish you continued success.”
The Bancorp’s NASDAQ listing started February 22, 2013. The first day of
trading also marked the 14th anniversary of First Internet Bank.
Video of the opening bell ceremony is available online at http://mktvideo.nasdaq.com/MarketSiteOpenCloseVideos/201302/mo_022813.wmv
About First Internet Bancorp
First Internet Bancorp (NASDAQ: INBK) is the parent company of First
Internet Bank of Indiana. First Internet Bank opened for business in
1999. The Bancorp became the parent of the Bank effective March 21, 2006.
About First Internet Bank
First Internet Bank of Indiana (http://www.firstib.com)
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
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. The bank is a
wholly owned subsidiary of First
Internet Bancorp.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc.,
fuels economies and provides transformative technologies for the entire
lifecycle of a trade - from risk management to trade to surveillance to
clearing. In the U.S. and Europe, we own and operate 26 markets
including 3 clearinghouses and 5 central securities depositories
supporting equities, options, fixed income, derivatives, commodities,
futures and structured products. Able to process more than 1 million
messages per second at sub-55 microsecond average speeds with 99.99%
uptime, our technology drives more than 70 marketplaces in 50 developed
and emerging countries into the future, powering 1 in 10 of the world’s
securities transactions. Our award-winning data products and worldwide
indexes are the benchmarks in the financial industry. Home to
approximately 3,300 listed companies worth $6 trillion in market cap
whose innovations shape our world, we give the ideas of tomorrow access
to capital today. Welcome to where the world takes a big leap forward,
daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com.
Follow us on Facebook (http://www.facebook.com/NASDAQ)
and Twitter (http://www.twitter.com/nasdaqomx).
(Symbol: NDAQ and member of S&P 500)
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130301005948/en/