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First Internet Bancorp files for $25M at-the-market offering

Fishers, Ind.-based First Internet Bancorp filed a prospectus for anat-the-market offering of up to $25 million of its common stock.

The shares will be offered through Sandler O'Neill &Partners LP, as sales agent. First Internet Bancorp plans to usethe proceeds from any sales for general corporate purposes, which may includecontributing capital to FirstInternet Bank of Indiana to support organic growth and repaying orredeeming existing debt.