First Internet Bancorp reports plans to price public sale of its stock

Sandler O'Neill & Partners and Keefe, Bruyette & Woods are bookrunners

By Devika Patel

Knoxville, Tenn., Sept. 30 - First Internet Bancorp will conduct a public sale of its common stock, according to a Form S-1 filed Monday with the Securities and Exchange Commission. The deal has a $12.75 million 30-day greenshoe.

Sandler O'Neill & Partners, LP and Keefe, Bruyette & Woods, Inc. are the joint bookrunning managers.

Proceeds will be used to support organic growth, pursue strategic acquisition opportunities and for other general corporate purposes.

The bank holding company is based in Indianapolis.

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