First Internet Bancorp (INBK)

[56Chevy]

"...tangible book value per share increased to $21.11 from $20.74 as of December 31, 2014".

MV is: $18.66

P/TB is 0.88...or 12% discount to TBV.

The bank continues to organically grow at the unreal pace of $13.8MM assets @ month! They blow past their previous quarterly performances with impressive % gains.

Now over $1 Billion in assets under management.

There has to be some large old school brick n' mortar bank out there looking at INBK and wanting to bolt it onto their lineup of services. E-banking is here to stay and a bank like First Internet is proving they are the future.

I think INBK has to be considered a target bank.

Marker:
First Internet Banco (INBK)
$18.66 up 0.12 (0.65%)
Volume: 30,035