First Internet Bank Continues SBA Expansion

Rhea-AI Summary

First Internet Bank has appointed Clayton Baker as Senior Business Development Officer, expanding its Small Business Administration (SBA) Lending team. Baker brings over 17 years of banking experience, previously serving at Atlantic Capital Bank among others. His role aims to enhance SBA loan accessibility for small business clients. As of September 30, 2021, the bank reported assets of $4.3 billion, offering a range of financial services including consumer loans and commercial real estate loans.

Positive

• Clayton Baker's extensive experience (17 years) in banking enhances the SBA lending team.
• Baker's previous role at Atlantic Capital Bank aligns with the bank's goals to assist small businesses in obtaining financing.

Negative

• None.

Senior Business Development Officer Joins Lending Team

FISHERS, Ind.--(BUSINESS WIRE)-- Today, First Internet Bank announced the hiring of Senior Business Development Officer Clayton Baker. He will join the Bank’s expanding Small Business Administration (SBA) Lending team.

Clayton Baker, VP - Senior Business Development Officer (Photo: Business Wire)

“Clayton is a valuable addition to our SBA team,” said First Internet Bank Vice President, National SBA Sales Manager Mark Gibson. “His experience will help our small business partners access the capital they need to succeed. Our goal at First Internet Bank is guide clients through the SBA loan process seamlessly. His industry knowledge, expertise and enthusiasm make him an ideal fit for our group.”

Mr. Baker has over 17 years of banking experience. Most recently, he was Senior Vice President, SBA 7(a) Business Development Officer at Atlantic Capital Bank. He has also worked for Huntington Bank, Bank of America and JP Morgan Chase. Baker received his B.S. from Northern Illinois University.

Mr. Baker noted, “I am excited to be part of an exceptional team with a strong national presence and Preferred SBA Lender status. I look forward to assisting our small business clients in their journey and putting my experience to work for them.”

For more information about First Internet Bank’s SBA Lending platform, please visit firstib.com.

About First Internet Bank

With assets of $4.3 billion as of September 30, 2021, the Bank provides consumer and small business deposits, SBA financing, consumer loans, residential mortgages and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans and treasury management services. Additional information about the Bank, including its products and services, is available at www.firstib.com. The Bank is a wholly-owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a Member FDIC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211110005887/en/

First Internet Bank Contact Information

Investor Relations

Paula Deemer

Director of Corporate Administration

(317) 428-4628

investors@firstib.com



Media Relations

BLASTmedia for First Internet Bank

Ryan Hecker

firstib@blastmedia.com

Source: First Internet Bank

FAQ

What is the role of Clayton Baker at First Internet Bank?

Clayton Baker has been appointed as the Senior Business Development Officer to lead the Small Business Administration Lending team.

What are the assets of First Internet Bank?

As of September 30, 2021, First Internet Bank reported assets of $4.3 billion.

What services does First Internet Bank provide?

First Internet Bank offers consumer and small business deposits, SBA financing, consumer loans, residential mortgages, and commercial loans.

What is the significance of the Preferred SBA Lender status?

The Preferred SBA Lender status allows First Internet Bank to offer more streamlined services to small business clients seeking loans.

Who is the Vice President of the SBA Lending team at First Internet Bank?

Mark Gibson is the Vice President and National SBA Sales Manager at First Internet Bank.