First Internet Bancorp · NASDAQ:INBK
First Internet Bancorp — Shareholder Meeting (May 2018)
23 slides from First Internet Bancorp's shareholder meeting presentation, May 21, 2018
Slide 1: Annual Meeting of Shareholders
BANCORP Annual Meeting of Shareholders
Slide 2: Proposals
Proposals Proposal 1: Election of Directors Proposal 2: Advisory Vote to Approve Executive Compensation Proposal 3: Ratification of Appointment of Independent Registered Public Accounting Firm FIRST INTERNET BANCORP 2
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 May 21, 2018 FIRST INTERNET BANCORP 6
Company Update May 21, 2018 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, plans, objectives, future performance or business of the Company. Forward-looking statements are generally identifiable by the use of words such as “bel
Slide 8: Who We Are
Who We Are INDUSTRY PIONEER IN BRANCHLESS DELIVERY OF CONSUMER AND COMMERCIAL FIRST INTERNET BANK BANKING SERVICES LAUNCHED IN HEADQUARTERED IN FISHERS (INDIANAPOLIS AREA), WITH 1999 A LOAN PRODUCTION OFFICE IN TEMPE (PHOENIX AREA) FIRST STATE-CHARTERED, FDIC-INSURED INTERNET BANK EXPERIENCED MANAGE
Slide 9: Who We Are: Our Team
Who We Are OUR TEAM FIRST INTERNET BANCORP 9
Slide 10: Who We Are: Recognition
Who We Are RECOGNITION WORKPLACE HONORS PUBLICATIONS, SPEAKING ENGAGEMENTS AND AWARDS FIRST INTERNET BANCORP 10
Slide 11: Our 2017 Accomplishments
Our 2017 Accomplishments FIRST INTERNET BANCORP 11
Slide 12: 2017 in Review: Strong loan growth
2017 in Review L Strong loan growth 67% LOAN GROWTH IN 2017 Se Oe NATIONAL PLATFORMS REGIONAL EFFORTS CONSUMER LENDING RESIDENTIAL call call MORTGAGE CENTRAL INDIANA ARIZONA SINGLE TENANT a ecg PUBLIC FINANCE INVESTOR CRE/ CONSTRUCTION / (January 2017) CENTRAL INDIANA CENTRAL INDIANA HEALTHCARE FINA
Slide 13: 2017 in Review: Net interest income growth
2017 in Review 4a Net interest income growth $54.0M 36% NET INTEREST INCOME INCREASE OVER IN 2017 PRIOR YEAR FIRSTINTERNET BANCORP | 13
Slide 14: 2017 in Review: Disciplined risk management
2017 in Review 0) Disciplined risk management $141M 12/31/2017 117 bps US COMMERCIAL BANKS* NONPERFORMING LOANS / INTEREST RATE SWAP DERIVATIVES TOTAL LOANS AT 12/31/2017 (NOTIONAL VALUE) FIRST INTERNET BANCORP | 14 “Source: Federal Deposit Insurance Corporation
Slide 15: 2017 in Review: Positive operating leverage
2017 in Review Positive operating leverage $27.8M° PRE-PROVISION, PRE-TAX INCOME 25% INCREASE OVER PRIOR YEAR “Non. provision of $7.7. 2017 pr PRSTINTERNET BANCORP | 15 Consolidated Statements of
Slide 16: Our Growth: Organic
Our Growth: Organic Five-year balance sheet growth rates far exceed ‘\” median rates for similar institutions FIVE-YEAR TOTAL FIVE-YEAR TOTAL FIVE-YEAR TOTAL ASSET GROWTH LOAN GROWTH DEPOSIT GROWTH 85% So 86% Ws 106% @ FIRST INTERNET BANCORP @ SNL SMALL CAP US BANKS Source: ‘nancial; |, 2017; ‘compa
Slide 17: With Growth, Created Shareholder Value
With Growth, Created Shareholder Value COMPARISON OF FIVE-YEAR CUMULATIVE TOTAL RETURNS AS OF DECEMBER 31, 2017 143% 120% 139% First Intemet Bancorp = Nasdaq Composite Index = SNL Small Cap US Bank Index > mL. 1Year 3 Years 5 Years FIRST INTERNET BANCORP | 17 Source: S&P Global Market Inteligence
Slide 18: The Space to Grow: Focused on the Future
The Space to Grow Focused on the Future FIRST INTERNET BANCORP 18
Slide 19: Driving to $4B in Total Assets
Driving to $4B in Total Assets ss PROJECTION 40 JANUARY 2017 LAUNCHED PUBLIC FINANCE LINE OF BUSINESS 338 FEBRUARY 2013 BEGAN TRADING ON NASDAQ $20 JARY 2012 LAUNCHED COMMERCIAL BANKING LINE OF BUSINESS 328 \UGUST 2010 LAUNCHED CRE LINE OF BUSINESS 320 MARCH 2007, ACQUIRED LANDMARK FINANCIAL 315 sto
Slide 20: Continuing to Diversify Our Channels
Continuing to Diversify Our Channels LOAN PORTFOLIO COMPOSITION FIRST INTERNET BANCORP | 20 2016 11% 21% 11% Q1 2018 ™Consumer ™ Residential mortgage/HE/HELOCs Public finance Healthcare finance = Single tenant lease financing = Commercial real estate = Commercial and industrial
Slide 21: Constant Refinement of Core Businesses
Constant Refinement of Core Businesses Streamlined onboarding, better experience Business intelligence and analytics Enhanced workflow = improved efficiencies Changing landscape in residential mortgage lending FIRST INTERNET BANCORP 21
Slide 22: Execution
Execution ENHANCING FRANCHISE VALUE Add asset generation channels and diversified revenue streams ⤑ Deliver increased operating leverage, profitability and earnings growth ⤑ OPERATING SEAMLESSLY Maintain strict credit quality standards, enterprise risk management ⤑ Invest in people, process and tech
Slide 23: Investor Relations
Investor Relations www.FirstInternetBancorp.com investors@FirstIB.com Nasdaq: INBK
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