FISHERS, Ind., February 26, 2025--(BUSINESS WIRE)--First Internet Bank announced today that David Bybee has been promoted to the newly created role of Senior Vice President, Government Guaranteed Lending. In his new role, he will oversee all aspects of First Internet Bank’s Small Business Administration (SBA) Lending operation, from origination through servicing.

"Since his arrival, David has been a driving force behind our growth, helping us to become one of the nation’s Top 10 SBA 7(a) lenders," noted President and Chief Operating Officer Nicole Lorch. "His expertise in SBA lending, coupled with his outstanding leadership skills and risk perspective, make him the ideal person to lead our high-achieving SBA team."

Mr. Bybee added, "I am honored to assume this new role and excited to take on these additional responsibilities. Our SBA lending team has attained tremendous success in a short period of time, increasing our total funded 7(a) production to $610 million in 2024, a 44% increase year over year. However, what is even more impressive to me is our team’s commitment to serving the small business community."

He has previously served in a variety of leadership positions, most recently as Vice President, Senior Credit Officer at First Internet Bank. He worked in bank supervision roles with the Federal Reserve Bank for 17 years and has also held positions with Atlantic Capital Bank, SouthState Bank and other banks in the Southeast. Mr. Bybee is a graduate of Southern Methodist University.

About First Internet Bank

First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $5.7 Billion as of December 31, 2024, the Bank provides consumer and small business deposits, consumer loans and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services. Additional information about the Bank, including its products and services, is available at firstib.com. The Bank is a wholly-owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a Member FDIC.

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Contacts

Investor Relations:
Paula Deemer
Director of Corporate Administration
(317) 428-4628
investors@firstib.com

Media:
PANBlast for First Internet Bank
Zach Weismiller
firstib@panblastpr.com