Letter to Bancorp Shareholders
March 21, 2011
Dear Shareholder:
Last year was a pivotal year for First Internet Bancorp. We braved the challenged economy and have begun to see signs of improvement. Additionally, through our asset/liability management initiatives, our mortgage loan origination activity, and our loan collection and recovery efforts, we increased value for our shareholders and were very pleased to report record income of almost $5 million for the 2010 fiscal year1.
At our upcoming Annual Meeting of Shareholders, we will discuss in more detail our past financial results, present operational efforts, and future plans. I hope you will consider joining us on Monday, May 23, at 2:00 PM (Eastern Daylight Time) in Indianapolis.
You are welcome to participate in person or by proxy. Your vote matters! We encourage you to vote your enclosed proxy and return it quickly so we are able to establish a quorum.
If you plan to attend in person, you may click to find directions to the meeting location. Please note the change of location from prior meetings. We request that you return your proxy vote in advance, in case you are ultimately unable to attend. Ballots will also be available at the meeting for voting if you have not already done so by proxy or wish to change your previously recorded vote.
Following the meeting, we will post the meeting presentation on the website for those of you who are unable to attend. The presentation will be available through a link on the home page of the Bancorp website.
We hope to see you at the shareholder meeting, and, as always, we thank you for your continued support.
Sincerely,
David B. Becker
Chairman and CEO
1 The full text of the year-end earnings release, dated February 25, 2011, is available through this link. If you have not already done so, you may review the 2010 audited consolidated financial statements.
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