First Internet Bancorp (NASDAQ:INBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Bancorp (the Company) appointed Nicole Lorch to serve as the
Companys Chief Operating Officer, effective January 1, 2017. Ms.
Lorch, age 42, most recently served as the Companys Senior Vice
President, Retail Banking since 2011. She joined the Company as
Director of Marketing in 1999 and served as Vice President,
Marketing Technology from 2003 to 2011. She previously served as
Director of Marketing at Virtual Financial Services, an online
banking services provider, from 1996 to 1999.
for 2017 has increased to $270,000. She will continue to
participate in the Companys benefit and compensation programs in
which she had participated prior to her promotion, including both
short-term and long-term incentive compensation, as described in
the Companys definitive proxy statement filed on March 28, 2016.
There is no arrangement or understanding to which Ms. Lorch was
selected to serve as an officer of the Company and there are no
family relationships between Ms. Lorch and any director or other
officer of the Company.
announcing Ms. Lorchs promotion. A copy of the press release is
furnished as Exhibit 99.1 to this report and is incorporated
herein by reference.
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99.1
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Press release dated January 23, 2017.
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About First Internet Bancorp (NASDAQ:INBK)
First Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana (the Bank). The Company offers a complement of products and services on a nationwide basis. The Company conducts its deposit operations primarily over the Internet. The Company also offers commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The Bank provides commercial and retail banking services, with operations conducted on the Internet at www.firstib.com. It offers residential real estate loans, home equity loans and lines of credit, and consumer loans, and loans to commercial clients, which include commercial loans, commercial real estate loans, letters of credit and single tenant lease financing. The Bank’s subsidiary, JKH Realty Services, LLC manages real estate owned properties. First Internet Bancorp (NASDAQ:INBK) Recent Trading Information
First Internet Bancorp (NASDAQ:INBK) closed its last trading session down -0.50 at 31.00 with 103,900 shares trading hands.
