Updated:
First Internet Bancorp
First Internet Bancorp is a publicly traded bank holding company led by David B.
First Internet Bancorp
First Internet Bancorp was founded in Fishers, Indiana, in 2006 by David B. Becker, who serves as its CEO and Chairman. The public company structure, listed on the NASDAQ under ticker INBK, distinguishes it from private family offices — shareholder disclosures constrain its investment strategies. The firm operates as a commercial bank, originating loans across commercial real estate, small business, and consumer categories. It also maintains a direct digital banking platform for deposit gathering. Sector exposure includes FinTech, private credit, and real estate, with all lending conducted through regulated bank subsidiaries. Geographic concentration is primarily the Midwestern United States. First Internet Bancorp employs over 200 staff as of public filings in 2025. It has not disclosed a dedicated family office or philanthropic vehicle separate from the bank. The firm's scale is relatively small relative to national banks, with total assets under $5B. The key structural differentiator is its public banking charter, which mandates regulatory filings and quarterly earnings disclosures — a transparency posture uncommon among family offices. This governance model limits flexibility in deal sourcing and investment timelines but provides depositor-based funding advantages.
General information
Firm type
Asset Manager
Year founded
2006
AUM
Under $1B (Altss estimate)
Location
Region
North America
Country
United States
City
Fishers
Corporate office
Fishers, IN, United States
Principals
David B. Becker
CEO and Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at First Internet Bancorp?
David B. Becker, the founder and CEO, leads the firm's strategic direction. Day-to-day lending decisions are delegated to a management committee, with oversight by the board of directors (per SEC filings). The public company structure requires approval processes that differ from a family office.
How does First Internet Bancorp source deal flow?
The firm originates loans primarily through its digital banking platform and traditional commercial banking relationships. Unlike private equity firms, it does not actively source venture or private equity deals — its core activity is regulated lending (per the firm's 10-K annual report).
Is First Internet Bancorp structured as a single family office?
No. First Internet Bancorp is a publicly traded bank holding company (NASDAQ: INBK). While founder David B. Becker and his family hold a significant ownership stake, the firm operates under banking regulations and shareholder fiduciary duties, not as a private family office.
Does First Internet Bancorp participate in fund commitments or only direct deals?
The firm primarily makes direct loans through its banking subsidiary. It does not publicly disclose commitments to external investment funds. Its investment activity is disclosed in quarterly earnings and regulatory filings, which show no material fund investments.
What investment stages does First Internet Bancorp typically target?
The firm focuses on commercial and industrial lending, real estate financing, and consumer loans. It does not engage in venture-stage investing or growth equity. All investments are credit-based, with a focus on secured lending (per its annual report).
Which sectors does First Internet Bancorp explicitly avoid?
Public filings do not list forbidden sectors, but the firm's loan portfolio is concentrated in commercial real estate, with no disclosed exposure to early-stage technology, biotech, or any venture capital sectors. Its lending is regional and largely bricks-and-mortar.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: