Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-24

First Internet Bancorp (INBK)

CEO David Becker was paid $1,492,001 in fiscal year 2025, ↓ down 22.9% from fiscal year 2024, the 22nd percentile of its disclosed peer group (SEC filing 0001562463-26-000031 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,492,001 ↓
David Becker total, FY2025
22nd
CEO pay percentile vs peers
16.5:1
CEO-to-median pay ratio
82.55%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- David Becker (Chairman and Chief Executive Officer), FY2025 total compensation $1,492,001 (base salary $848,720) [exec_comp, SEC accession 0001562463-26-000031, filed 2026-03-27]

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INBK's next annual pay disclosure, estimated March 27, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Becker$848,720$0$628,001$0$0$0$15,280$1,492,001
Chairman and Chief Executive Officer
Nicole Lorch540,7500400,00400017,863958,617
President, Chief Operating Officer and Corporate Secretary
Kenneth Lovik390,0000230,82700018,528639,355
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
David Becker$1,492,001$1,934,751$1,727,322↓ −442,750
Nicole Lorch958,6171,203,9931,075,017↓ −245,376
Kenneth Lovik639,355799,877713,257↓ −160,522

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$1,492,001 David Becker total, FY2025

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Data as of September 24, 2026 · Source: 0001562463-26-000031 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for INBK

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Companies that benchmark against INBK
3 companies name INBK as a compensation peer

Each company listed discloses INBK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named INBK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
David BeckerCEO$1,492,001
Kenneth LovikCFO$639,355
Nicole LorchPresident$958,617
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Aasif M. BadeIndependent Director$90,262
Ann Colussi DeeIndependent Director$128,637
Jean L. WojtowiczIndependent Director$118,512
John K. Keach JrLead Independent Director$104,512
Joseph A. FenechIndependent Director$118,512
Justin P. ChristianIndependent Director$114,387
Michele "Mel" RainesIndependent Director$101,887
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Joseph A. FenechDirector2026-05-18A2,416$0$0CommonForm 4 ↗
Ann Colussi DeeDirector2026-05-18A2,41600CommonForm 4 ↗
Michele "Mel" RainesDirector2026-05-18A2,41600CommonForm 4 ↗
John K. Keach JrDirector2026-05-18A2,41600CommonForm 4 ↗
Aasif M. BadeDirector2026-05-18A2,41600CommonForm 4 ↗
Jean L. WojtowiczDirector2026-05-18A2,41600CommonForm 4 ↗
Justin P. ChristianDirector2026-05-18A2,41600CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
David BeckerPSU2025-01-065,30610,612—15,918$368,449
David BeckerRSU2025-01-06——7,075—245,644
Kenneth LovikRSU2025-01-06——2,601—90,307
Kenneth LovikPSU2025-01-061,9513,901—5,852135,443
Nicole LorchPSU2025-01-063,3816,761—10,142234,742
Nicole LorchRSU2025-01-06——4,508—156,518
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
David Becker$245,644$368,449$060.0%
Kenneth Lovik90,307135,443060.0%
Nicole Lorch156,518234,742060.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Nicole LorchPSU9,267—$193,402
David BeckerRSU42,436—1,178,442
David BeckerRSU15,918—368,449
David BeckerRSU7,075—245,644
Nicole LorchPSU9,581—199,955
David BeckerRSU5,306—147,348
Kenneth LovikPSU2,601—54,283
Nicole LorchPSU6,761—141,102
Kenneth LovikPSU5,580—116,455
Kenneth LovikPSU5,398—112,656
Nicole LorchPSU4,508—94,082
Nicole LorchPSU4,258—88,864
Kenneth LovikPSU3,901—81,414
David BeckerRSU2,025—56,234
Kenneth LovikPSU2,480—51,758
Nicole LorchPSU2,059—42,971
Kenneth LovikPSU1,199—25,023
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to attract, motivate and retain highly qualified and effective leaders who drive the company's success, fostering an environment where executives are motivated to achieve financial performance goals and individual objectives that drive business success and increase shareholder value on a long-term, sustainable basis.

CEO STI target (% of salary)55%
CEO LTI target (% of salary)—
Independent consultantAon plc
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-185,137,6011,085,86431,23482.55%Passed
20252025-05-195,263,2931,522,19223,49977.57%Passed
20242024-05-205,620,506317,05943,03394.66%Passed
20232023-05-155,281,6611,806,20318,32474.52%Passed
20222022-05-167,176,661318,67916,21295.54%Passed
20212021-05-174,689,7902,716,20420,31163.32%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1882.55%a
20252025-05-1977.57%b
20242024-05-2094.66%c

a. Approved under the standard stated in the filing — “Abstentions will have no effect on the outcome of any proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have no effect on the outcome of any proposal.”.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)16.5 : 1
CEO total compensation$1,492,001
Median employee compensation$90,407
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ann Colussi DeeIndependent · Audit · Nominating/Governance (Chair) · Risk$72,125$56,512$0$0$0$128,637
Jean L. WojtowiczIndependent · AUDIT (Chair) · NOMINATING CORP. GOV.62,00056,512000118,512
Joseph A. FenechIndependent · NOMINATING CORP. GOV. · RISK (Chair)62,00056,512000118,512
Justin P. ChristianIndependent · AUDIT · RISK57,87556,512000114,387
John K. Keach JrIndependent · Lead Independent Director · Compensation (Chair) · Nominating/Governance48,00056,512000104,512
Michele "Mel" RainesIndependent · COMPENSATION · RISK45,37556,512000101,887
Aasif M. BadeIndependent · COMPENSATION33,75056,51200090,262
David B. BeckerEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$25,000
Annual equity retainer$56,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)33,000 / 19,000 / 19,000
Stock ownership guideline$100,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$381,125
Equity awards (grant-date value)$395,584
All other compensation$0
Total cost of the board$776,709

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies First Internet Bancorp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including First Internet Bancorp.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Farmers & Merchants Bancorp2025Kent Steinwert$895,000$10,121,944$0$0$12,550,771
2Axos Financial Inc.2026Gregory Garrabrants700,0009,344,16601,996,76612,054,932
3Amerant Bancorp Inc.2025Gerald Plush872,0001,212,318005,883,243
4National Bank Holdings Corp.2025G. Timothy Laney930,7691,444,94601,153,2413,725,952
5Equity Bancshares, Inc.2025Brad Elliott857,995663,156281,500854,4273,073,975
6Business First Bancshares, Inc.2025David Melville, III801,500666,5820202,1062,582,764
7MetroCity Bancshares Inc.2025Nack Paek507,500995,11101,040,0002,563,611
8Third Coast Bancshares Inc.2025Bart Caraway654,231385,457002,503,561
9Brookline Bancorp Inc.2023Paul Perrault940,000657,9940423,0002,320,530
10Primis Financial Corp.2025Dennis Zember, Jr.748,590912,6000435,5782,185,079
11HarborOne Bancorp Inc.2024Joseph Casey740,385295,493—270,2401,996,521
12CrossFirst Bankshares, Inc.2023Michael Maddox712,500593,0190514,8231,924,315
13FiveStar Bancorp2025James Beckwith698,988439,9630605,3651,780,757
14Mercantile Bank Corp.2025Raymond Reitsma734,600471,2830462,7981,769,983
15Heritage Commerce Corp.2024Robertson Clay Jones660,261678,5770306,0001,694,339
16Coastal Financial Corp.2025Eric Sprink874,000375,0690382,5181,693,201
17Hingham Institute for Savings2025Robert Gaughen Jr.1,570,4220001,604,925
18Independent Bank Corp.2025William Kessel644,225446,6940391,3071,558,390
19First Internet Bancorp2025David Becker848,720628,001001,492,001
20Bridgewater Bancshares Inc.2025Jerry Baack650,000218,3720433,0001,349,932
21Bankwell Financial Group Inc.2025Christopher Gruseke700,000251,3650368,5501,336,526
22Southern First Bancshares Inc.2025R. Arthur Seaver, Jr.515,000204,608001,146,832
23CapStar Financial Holdings Inc.2022Timothy Schools525,000499,306001,033,006
24Republic Bancorp Inc.2025Steven Trager473,84800500,0001,023,867

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
First Internet Bancorpnot disclosedPRSU 60 · TRSU 40NoAon plc
Amerant Bancorp Inc.not disclosedRSU 50 · PSU 50NoAon
Axos Financial Inc.not disclosedRSU 100Nonot disclosed
Bankwell Financial Group Inc.117%PSU 100Yes — total shareholder return (TSR)Pearl Meyer & Partners, LLC
Bridgewater Bancshares Inc.89%RSU 100not disclosedPearl Meyer
Brookline Bancorp Inc.60%RSU 50 · PRSU 50NoMeridian Compensation Partners, LLC
Business First Bancshares, Inc.123.93%RSU 50 · PSU 50NoMcLagan
CapStar Financial Holdings Inc.not disclosedPSU 60 · RSU 40NoMcLagan (part of Aon plc Human Capital practice)
Coastal Financial Corp.not disclosedRSU 50NoPearl Meyer
CrossFirst Bankshares, Inc.94.68%RSU 50 · PSU 50Yes — Relative Total Shareholder Return (TSR)Meridian
Equity Bancshares, Inc.132.1%RSU 50 · PSU 50Yes — Total Stockholder Return (TSR)Blanchard Consulting Group
Farmers & Merchants Bancorpnot disclosedRSU 100not disclosednot disclosed
FiveStar Bancorpnot disclosedPSU 50 · RSU 50NoPearl Meyer Partners, LLC
HarborOne Bancorp Inc.73%RSA 50 · PSU 50NoPearl Meyer & Partners, LLC
Heritage Commerce Corp.not disclosedRSU 50 · PRSU 50NoMeridian Compensation Partners, LLC
Hingham Institute for Savingsnot disclosednot disclosednot disclosedPearl Meyer
Independent Bank Corp.70%RSU 50 · PSU 50Yes — Total Shareholder Return (TSR) relative to Peer GroupMeridian Compensation Partners, LLC
Mercantile Bank Corp.105.6%PSU 65 · RSU 35NoAON
MetroCity Bancshares Inc.200%RSU 100not disclosednot disclosed
National Bank Holdings Corp.not disclosedPSU 50 · RSU 50Yes — 3-year Relative Total Shareholder Return (TSR) (percentile rank)Pay Governance, LLC
Primis Financial Corp.116%PSU 70 · RSU 30Nothe Consultant
Republic Bancorp Inc.100%not disclosedNoInnovative Compensation and Benefits Concepts
Southern First Bancshares Inc.not disclosedRSU 100not disclosedMcLagan (Aon Company)
Third Coast Bancshares Inc.not disclosednot disclosednot disclosedHFG

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at First Internet Bancorp in fiscal 2025?
As disclosed, David Becker (Chairman and Chief Executive Officer) was the highest-paid executive at First Internet Bancorp in fiscal 2025, with total compensation of $1,492,001.
How does First Internet Bancorp's chief executive pay compare to its disclosed peer group?
As disclosed, David Becker's total compensation ranked at the 22nd percentile of First Internet Bancorp's disclosed peer group.
What is First Internet Bancorp's CEO-to-median employee pay ratio?
As disclosed, First Internet Bancorp's CEO-to-median employee pay ratio was 16.5:1.
How did shareholders vote on First Internet Bancorp's executive compensation?
As disclosed, 82.55% of shareholders supported First Internet Bancorp's executive compensation in the latest say-on-pay vote.
How much does First Internet Bancorp spend in total on board compensation for fiscal 2025?
As disclosed, First Internet Bancorp reported total board compensation of $776,709 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, David BeckerDEF 14A2026-03-270001562463-26-000031Section “Summary Compensation Table” · page 30. As printed: 1,492,001. Filing ↗machine: r2 · c33 · span 428877–428886
2Section 01, Nicole LorchDEF 14A2026-03-270001562463-26-000031Section “Summary Compensation Table” · page 30. As printed: 958,617. Filing ↗machine: r5 · c33 · span 434420–434427
3Section 01, Kenneth LovikDEF 14A2026-03-270001562463-26-000031Section “Summary Compensation Table” · page 30. As printed: 639,355. Filing ↗machine: r8 · c33 · span 440356–440363
4Section 03, David Becker PSUDEF 14A1900-01-010001562463-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 472807–472814
5Section 03, David Becker RSUDEF 14A1900-01-010001562463-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 471039–471046
6Section 03, Kenneth Lovik RSUDEF 14A1900-01-010001562463-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 481888–481894
7Section 03, Kenneth Lovik PSUDEF 14A1900-01-010001562463-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 483650–483657
8Section 03, Nicole Lorch PSUDEF 14A1900-01-010001562463-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 478879–478886
9Section 03, Nicole Lorch RSUDEF 14A1900-01-010001562463-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 476690–476697
10Section 07, pay ratioDEF 14A2026-03-270001562463-26-000031Section “CEO Pay Ratio”. As printed: 16.5 : 1. Filing ↗machine: span 577358–577364
11Section 08, Ann Colussi DeeDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 128,637. Filing ↗machine: span 647315–647527
12Section 08, Jean L. WojtowiczDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 118,512. Filing ↗machine: span 651676–651888
13Section 08, Joseph A. FenechDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 118,512. Filing ↗machine: span 648441–648678
14Section 08, Justin P. ChristianDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 114,387. Filing ↗machine: span 646265–646502
15Section 08, John K. Keach JrDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 104,512. Filing ↗machine: span 649494–649706
16Section 08, Michele "Mel" RainesDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 101,887. Filing ↗machine: span 650624–650861
17Section 08, Aasif M. BadeDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 90,262. Filing ↗machine: span 645137–645348
18Section 08, David B. BeckerDEF 14A2026-03-270001562463-26-000031Section “Director Compensation”. As printed: 0. Filing ↗
19Section 02, Joseph A. Fenech 2026-05-18Form 42026-05-190001562463-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Ann Colussi Dee 2026-05-18Form 42026-05-190001562463-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Michele "Mel" Raines 2026-05-18Form 42026-05-190001562463-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, John K. Keach Jr 2026-05-18Form 42026-05-190001562463-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Aasif M. Bade 2026-05-18Form 42026-05-190001562463-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Jean L. Wojtowicz 2026-05-18Form 42026-05-190001562463-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Justin P. Christian 2026-05-18Form 42026-05-190001562463-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
26Section 06, 2026 voteForm 8-K2026-05-200001562463-26-000073Item 5.07 · say-on-pay result. As reported: 82.55% (votes for as printed: 5,137,601). Filing ↗
27Section 06, 2025 voteForm 8-K2025-05-220001104659-25-051985Item 5.07 · say-on-pay result. As reported: 77.57% (votes for as printed: 5,263,293). Filing ↗
28Section 06, 2024 voteForm 8-K2024-05-220001104659-24-064261Item 5.07 · say-on-pay result. As reported: 94.66% (votes for as printed: 5,620,506). Filing ↗
29Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
30Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
31Section 09b board cost (computed)Computed——Cash 381,125 + equity 395,584 + all other 0 = 776,709, summed across the director compensation table rows.machine: formula: Σ = 776,709
32Farmers & Merchants Bancorp, Section 10b CEO totalDEF 14A2026-04-010001140361-26-012591CEO total compensation as printed in Farmers & Merchants Bancorp's own proxy. As printed: 12,550,771. Filing ↗machine: r1 · c23 · span 311148–311158
33Axos Financial Inc., Section 10b CEO totalDEF 14A2026-09-240001299709-26-000073CEO total compensation as printed in Axos Financial Inc.'s own proxy. As printed: 12,054,932. Filing ↗machine: span 863814–863824
34Amerant Bancorp Inc., Section 10b CEO totalDEF 14A2026-04-210001734342-26-000026CEO total compensation as printed in Amerant Bancorp Inc.'s own proxy. As printed: 5,883,243. Filing ↗machine: r17 · c18 · span 2263743–2263752
35National Bank Holdings Corp., Section 10b CEO totalDEF 14A2026-04-030001475841-26-000013CEO total compensation as printed in National Bank Holdings Corp.'s own proxy. As printed: 3,725,952. Filing ↗
36Equity Bancshares, Inc., Section 10b CEO totalDEF 14A2026-03-120001193125-26-103215CEO total compensation as printed in Equity Bancshares, Inc.'s own proxy. As printed: 3,073,975. Filing ↗machine: r2 · c31 · span 655068–655077
37Business First Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-080001437749-26-011695CEO total compensation as printed in Business First Bancshares, Inc.'s own proxy. As printed: 2,582,764. Filing ↗
38MetroCity Bancshares Inc., Section 10b CEO totalDEF 14A2026-04-200001104659-26-045475CEO total compensation as printed in MetroCity Bancshares Inc.'s own proxy. As printed: 2,563,611. Filing ↗machine: t70 · r5 · c14 · span 404519–404528
39Third Coast Bancshares Inc., Section 10b CEO totalDEF 14A2026-04-160001193125-26-159039CEO total compensation as printed in Third Coast Bancshares Inc.'s own proxy. As printed: 2,503,561. Filing ↗machine: r2 · c27 · span 240742–240751
40Brookline Bancorp Inc., Section 10b CEO totalDEF 14A2024-03-290001049782-24-000017CEO total compensation as printed in Brookline Bancorp Inc.'s own proxy. As printed: 2,320,530. Filing ↗machine: span 649675–649684
41Primis Financial Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041860CEO total compensation as printed in Primis Financial Corp.'s own proxy. As printed: 2,185,079. Filing ↗machine: t76 · r8 · c23 · span 492432–492441
42HarborOne Bancorp Inc., Section 10b CEO totalDEF 14A2025-04-010001558370-25-004227CEO total compensation as printed in HarborOne Bancorp Inc.'s own proxy. As printed: 1,996,521. Filing ↗
43CrossFirst Bankshares, Inc., Section 10b CEO totalDEF 14A2024-03-260001558370-24-003893CEO total compensation as printed in CrossFirst Bankshares, Inc.'s own proxy. As printed: 1,924,315. Filing ↗
44FiveStar Bancorp, Section 10b CEO totalDEF 14A2026-03-300001628280-26-022075CEO total compensation as printed in FiveStar Bancorp's own proxy. As printed: 1,780,757. Filing ↗machine: span 236440–236449
45Mercantile Bank Corp., Section 10b CEO totalDEF 14A2026-04-020001437749-26-010964CEO total compensation as printed in Mercantile Bank Corp.'s own proxy. As printed: 1,769,983. Filing ↗machine: t42 · r1 · c20 · span 302151–302160
46Heritage Commerce Corp., Section 10b CEO totalDEF 14A2025-04-070001104659-25-032651CEO total compensation as printed in Heritage Commerce Corp.'s own proxy. As printed: 1,694,339. Filing ↗machine: r1 · c54 · span 912788–912797
47Coastal Financial Corp., Section 10b CEO totalDEF 14A2026-04-130001437958-26-000023CEO total compensation as printed in Coastal Financial Corp.'s own proxy. As printed: 1,693,201. Filing ↗machine: t61 · r2 · c21 · span 467985–467994
48Hingham Institute for Savings, Section 10b CEO totalDEF 14A2026-03-04—CEO total compensation as printed in Hingham Institute for Savings's own proxy. As printed: 1,604,925. Filing ↗
49Independent Bank Corp., Section 10b CEO totalDEF 14A2026-03-060000039311-26-000011CEO total compensation as printed in Independent Bank Corp.'s own proxy. As printed: 1,558,390. Filing ↗machine: t19 · r2 · c12 · span 361242–361252
50First Internet Bancorp (subject), Section 10b CEO totalDEF 14A2026-03-270001562463-26-000031CEO total compensation as printed in First Internet Bancorp's own proxy. As printed: 1,492,001. Filing ↗machine: r2 · c33 · span 428877–428886
51Bridgewater Bancshares Inc., Section 10b CEO totalDEF 14A2026-03-160001104659-26-028272CEO total compensation as printed in Bridgewater Bancshares Inc.'s own proxy. As printed: 1,349,932. Filing ↗machine: t135 · r6 · c22 · span 897478–897487
52Bankwell Financial Group Inc., Section 10b CEO totalDEF 14A2026-04-070001505732-26-000064CEO total compensation as printed in Bankwell Financial Group Inc.'s own proxy. As printed: 1,336,526. Filing ↗machine: r2 · c21 · span 357480–357489
53Southern First Bancshares Inc., Section 10b CEO totalDEF 14A2026-04-060001206774-26-000194CEO total compensation as printed in Southern First Bancshares Inc.'s own proxy. As printed: 1,146,832. Filing ↗machine: t89 · r1 · c9 · span 443118–443127
54CapStar Financial Holdings Inc., Section 10b CEO totalDEF 14A2023-03-100000950170-23-007125CEO total compensation as printed in CapStar Financial Holdings Inc.'s own proxy. As printed: 1,033,006. Filing ↗machine: span 874620–874629
55Republic Bancorp Inc., Section 10b CEO totalDEF 14A2026-03-130001104659-26-027241CEO total compensation as printed in Republic Bancorp Inc.'s own proxy. As printed: 1,023,867. Filing ↗machine: r12 · c18 · span 1683678–1683687
56Section 10a, Bridgewater Bancshares Inc. reciprocityDEF 14A—0001104659-26-028272Bridgewater Bancshares Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
57Section 10a, CapStar Financial Holdings Inc. reciprocityDEF 14A—0000950170-23-007125CapStar Financial Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
58Section 10a, Coastal Financial Corp. reciprocityDEF 14A—0001437958-26-000023Coastal Financial Corp.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
59Section 10a, Equity Bancshares, Inc. reciprocityDEF 14A—0001193125-26-103215Equity Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
60Section 10a, Heritage Commerce Corp. reciprocityDEF 14A—0001104659-25-032651Heritage Commerce Corp.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
61Section 10a, Mercantile Bank Corp. reciprocityDEF 14A—0001437749-26-010964Mercantile Bank Corp.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
62Section 10a, Axos Financial Inc. reciprocityDEF 14A—0001299709-26-000073Axos Financial Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
63Section 10a, Republic Bancorp Inc. reciprocityDEF 14A—0001104659-26-027241Republic Bancorp Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
64Section 10a, Farmers & Merchants Bancorp reciprocityDEF 14A—0001140361-26-012591Farmers & Merchants Bancorp's most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
65Section 10a, Amerant Bancorp Inc. reciprocityDEF 14A—0001734342-26-000026Amerant Bancorp Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
66Section 10a, Business First Bancshares, Inc. reciprocityDEF 14A—0001437749-26-011695Business First Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
67Section 10a, Southern First Bancshares Inc. reciprocityDEF 14A—0001206774-25-000204Southern First Bancshares Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
68Section 10a, HarborOne Bancorp Inc. reciprocityDEF 14A—0001558370-25-004227HarborOne Bancorp Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
69Section 10a, Primis Financial Corp. reciprocityDEF 14A—0001104659-26-041860Primis Financial Corp.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
70Section 10a, National Bank Holdings Corp. reciprocityDEF 14A—0001475841-26-000013National Bank Holdings Corp.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
71Section 10a, Independent Bank Corp. reciprocityDEF 14A—0000039311-26-000011Independent Bank Corp.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
72Section 10a, Brookline Bancorp Inc. reciprocityDEF 14A—0001049782-24-000017Brookline Bancorp Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗
73Section 10a, Bankwell Financial Group Inc. reciprocityDEF 14A—0001505732-26-000064Bankwell Financial Group Inc.'s most recent proxy was read; its disclosed peer group does not include First Internet Bancorp. Filing ↗

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