---
schema_version: "secwatch.filing_event.v1"
accession: "0001562463-22-000066"
form_type: "8-K"
ticker: "INBK"
cik: "0001562463"
company_name: "First Internet Bancorp"
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T02:03:09.446310+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# First Century terminates merger with First Internet Bancorp after failing to agree on extension

## Summary
- First Century terminated the merger agreement on May 1, 2022; deal was to close by April 30.
- Federal Reserve approved merger on April 29, but statutory waiting periods prevented immediate close.
- Parties could not agree on extension terms; First Century exercised termination right.
- CEO Becker stated no mutually agreeable increased purchase price for extension was reached.
- Company reaffirms focus on strategy and Q1 results; conference call scheduled May 2 at 4:30 PM ET.

## SEC filing metadata
- accession: 0001562463-22-000066
- form_type: 8-K
- ticker: INBK
- cik: 0001562463
- company_name: First Internet Bancorp
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562463/000156246322000066/0001562463-22-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562463/000156246322000066/inbk-20220501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562463-22-000066
- JSON: https://secwatch.observer/filing/0001562463-22-000066.json
- Plain text: https://secwatch.observer/filing/0001562463-22-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.