---
schema_version: "secwatch.filing_event.v1"
accession: "0001562463-26-000092"
form_type: "8-K"
ticker: "INBK"
cik: "0001562463"
company_name: "First Internet Bancorp"
filed_at: "2026-09-10T20:19:07+00:00"
generated_at: "2026-09-10T20:20:13.195072+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Internet Bancorp issues $20.5M subordinated notes at 8% fixed-to-floating, due 2036

## Summary
- Sold $20.5M aggregate principal of 8.0% Fixed-to-Floating Subordinated Notes due Sept 15, 2036.
- Fixed 8.0% through Sept 15, 2031; then quarterly reset at 3-month SOFR + 373.5 bps.
- Notes redeemable on/after Sept 15, 2031; structured to qualify as Tier 2 capital.
- Proceeds for general corporate purposes, including redemption of higher-rate existing debt.
- Piper Sandler & Co. acted as placement agent; notes unregistered private placement.

## SEC filing metadata
- accession: 0001562463-26-000092
- form_type: 8-K
- ticker: INBK
- cik: 0001562463
- company_name: First Internet Bancorp
- filed_at: 2026-09-10T20:19:07+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562463/000156246326000092/0001562463-26-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562463/000156246326000092/inbk-20260910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562463-26-000092
- JSON: https://secwatch.observer/filing/0001562463-26-000092.json
- Plain text: https://secwatch.observer/filing/0001562463-26-000092.txt

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