First Internet Bancorp: Acquire First Century Bancorp
- First Internet Bancorp is a bank holding company with assets of $4.3 billion as of September 30, 2021
- First Century Bancorp was founded in 2002 and is a technology-driven bank holding company headquartered in Roswell
- These attractive and scalable business lines provide First Internet multiple growth opportunities
- The acquisition of First Century is an important opportunity for the organization. First, it aligns with strategy of operating unique
- First Century is a highly profitable company with a strong track record of growth in providing technology
- First Internet will acquire all of the outstanding shares of First Century common stock for $80.0 million in cash