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First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes Due 2029 (INBKZ) DEF 14A Filings

INBKZ NASDAQ

Here are the DEF 14A proxy statements from First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes Due 2029 (INBKZ) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow INBKZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full INBKZ filings page.

Rhea-AI Summary

First Internet Bancorp will hold its 2026 annual shareholder meeting virtually on May 18, 2026. Shareholders will vote to elect eight directors, approve an advisory say‑on‑pay resolution, and ratify Forvis Mazars, LLP as auditor. Shareholders of record on March 20, 2026, when 8,716,662 shares were outstanding, may vote.

The board is majority independent, uses separate audit, risk, compensation, and nominating committees, and emphasizes risk oversight and governance policies. Executive pay is structured around pay‑for‑performance with significant equity.

In 2025 the company sold about $851 million of lower‑coupon single‑tenant lease loans, which hurt reported earnings but was intended to strengthen capital and reduce interest rate sensitivity. As a result, named executives received no cash bonuses and forfeited all performance‑based RSUs scheduled to vest for the year. Despite this, 2025 operating metrics improved: total operating revenue reached $155 million, net interest income $114 million, fully tax‑equivalent net interest margin 2.09%, and adjusted pre‑provision net revenue $60 million. Fintech partnerships generated 135% revenue growth with $166 billion in annual payments volume, liquidity remained strong, and the bank ranked among the top SBA 7(a) lenders while tangible book value per share grew at a 6.3% ten‑year compound annual rate.