First Internet Bancorp · NASDAQ:INBK
First Internet Bancorp — Shareholder Meeting (May 2019)
21 slides from First Internet Bancorp's shareholder meeting presentation, May 20, 2019
Slide 1: Annual Meeting of Shareholders May 20, 2019
ANNUAL MEETING OF SHAREHOLDERS MAY 20, 2019 Exhibit 99.1
Slide 2: Proposals
PROPOSALS PROPOSAL 1: Election of Directors PROPOSAL 2: Advisory Vote to Approve Executive Compensation PROPOSAL 3: Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation PROPOSAL 4: Ratification of Appointment of Independent Registered Public Accounting FIRST INTERNET BANCORP
Slide 3: Voting
VOTING FIRST INTERNET BANCORP | 3
Slide 4: Preliminary Results
PRELIMINARY RESULTS FIRST INTERNET BANCORP | 4
Slide 5: Adjournment
ADJOURNMENT FIRST INTERNET BANCORP | 5
Slide 6: COMPANY UPDATE FIRST INTERNET BANCORP | 6
COMPANY UPDATE FIRST INTERNET BANCORP | 6
Slide 7: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation may contain forward-looking statements with respect to the financial condition, results of operations, trends in lending policies, plans, objectives, future performance or business of the Company. Forward-looking statements are generally identifiable by t
Slide 8: Who We Are
WHO WE ARE FIRST INTERNET BANK INDUSTRY PIONEER IN BRANCHLESS LAUNCHED IN DELIVERY OF CONSUMER AND COMMERCIAL BANKING SERVICES 1999 HEADQUARTERED IN FISHERS (INDIANAPOLIS AREA), TH CELEBRATING OUR 20 WITH A LOAN PRODUCTION OFFICE IN TEMPE ANNIVERSARY (PHOENIX AREA) FIRST STATE-CHARTERED, FDIC-INSURE
Slide 9: Who We Are – Our Team
WHO WE ARE – OUR TEAM Talented People Meaningful Work Community Involvement Professional and Personal Growth FIRST INTERNET BANCORP | 9
Slide 10: Who We Are – Our Culture
WHO WE ARE – OUR CULTURE . We champion an innovative and entrepreneurial spirit . We reward a “can do” mindset that overcomes obstacles . We are dedicated to community service and involvement FIRST INTERNET BANCORP | 10
Slide 11: What We Offer
WHAT WE OFFER DIVERSIFIED ASSET GENERATION PLATFORM Commercial - National Commercial - Regional . C&I – Central Indiana . Single tenant lease financing . C&I – Arizona . Public finance . Investor CRE – Central Indiana . Healthcare finance (via relationship with . Construction – Central Indiana Lende
Slide 12: First Internet Bank – Then and Now
FIRST INTERNET BANK – THEN AND NOW 2010 2018 Assets $504 million $3.5 billion Loans $306 million $2.7 billion Deposits $423 million $2.7 billion Employees 52 201 Locations 1 (HQ) 2 (HQ + LPO) FIRST INTERNET BANCORP | 12 DATA IS AS OF 12/31/10 AND 12/31/18, RESPECTIVELY
Slide 13: Our 2018 Accomplishments
OUR 2018 ACCOMPLISHMENTS
Slide 14: 2018 Highlights
2018 HIGHLIGHTS . Delivered Strong Results Total Assets . Grew total revenue Crossed $3 Billion Mark . Grew loans and deposits Total Revenue . Record net income $71.0 Million . Maintained strong credit quality Net Income . Implemented stock buy-back $21.9 Million program . Continued to invest in str
Slide 15: Balance Sheet Growth
BALANCE SHEET GROWTH STRONG GROWTH IN LOANS, DEPOSITS AND SHAREHOLDER EQUITY DEMONSTRATES OUR TEAMS’ ABILITY TO BUILD RELATIONSHIPS Total Assets Total Loans Dollars in millions Dollars in millions $3,542 $2,716 CAGR: 34.6% CAGR: 40.2% $2,768 $2,091 $1,854 $1,251 $1,270 $954 $971 $732 2014 2015 2016
Slide 16: Revenue Growth
REVENUE GROWTH BALANCE SHEET GROWTH FUELS NET INTEREST INCOME $71,027 $64,523 $8,760 $53,766 $10,541 $40,894 $14,077 $29,461 $10,141 $62,267 $7,174 $53,982 $39,689 $30,753 $22,287 2014 2015 2016 2017 2018 Net Interest Income Non Interest Income FIRST INTERNET BANCORP | 16 DOLLARS IN THOUSANDS
Slide 17: Excellent Credit Quality
EXCELLENT CREDIT QUALITY ASSET QUALITY REMAINS AMONG THE BEST IN THE INDUSTRY DRIVEN BY STRONG CREDIT CULTURE AND LOWER-RISK ASSET CLASSES NPAs / Total Assets NPLs / Total Loans 0.09% 0.50% 0.37% 0.31% 0.04% 0.04% 0.21% 0.03% 0.10% 0.02% 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 Allowance fo
Slide 18: Without a Roof, You Can See the Sky: Focused on the Future
WITHOUT A ROOF, YOU CAN SEE THE SKY Focused on the Future
Slide 19: Continuous Refinement of Core Businesses
CONTINUOUS REFINEMENT OF CORE BUSINESSES PASSION FOR ENHANCED EXPERIENCES CREATES POSITIVE OUTCOMES Streamlined customer-facing Enhanced workflow = interfaces, better experience improved efficiencies FIRST INTERNET BANCORP | 19
Slide 20: Small Business, Big Opportunity
SMALL BUSINESS, BIG OPPORTUNITY . Complementary to existing business lines . Diversifies revenue in a capital efficient manner . Opportunities on both sides of the balance sheet Enhanced Treasury Upgraded Digital SBA Lending Management Capabilities Account Access FIRST INTERNET BANCORP | 20
Slide 21: Investor Relations
INVESTOR RELATIONS www.FirstInternetBancorp.com investors@FirstIB.com Nasdaq: INBK
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