3 unchanged sentences
As of March 11, 2022, the Company had 9,683,727 shares of common stock issued and outstanding, and there were 106 holders of record of common stock.
−Removed: The Company began paying regular quarterly cash dividends in 2013.
−Removed: Total dividends declared in 2020 were $0.24 per share.
+Added: Total cash dividends declared in 2021 were $0.24 per share.
The Company expects to continue to pay cash dividends on a quarterly basis;
2 unchanged sentences
The present and future ability of the Bank to distribute funds to the Company are subject to the discretion of the Board of the Directors of the Bank and the Bank is not obligated to pay any distributions to the Company.
−Removed: Selected Financial Data
−Removed: Selected Financial Data for this Item is not required.
−Removed: Information regarding the Company’s financial condition, results of operations and ratios can be found in “Item 7.
−Removed: Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of this Form 10-K.
+Added: Issuer Purchases of Equity Securities
+Added: On October 18, 2021, the Company's Board of Directors approved a stock repurchase program authorizing the repurchase of up to $30.0 million of our outstanding common stock from time to time on the open market or in privately negotiated transactions.
+Added: The stock repurchase authorization is scheduled to expire on December 31, 2022.
+Added: Under this program, the Company has repurchased 200,000 shares of common stock through March 11, 2022, at an average price of $46.97, for a total investment of $9.4 million.
+Added: As of March 11, 2022, we have $20.6 million remaining under this program.
+Added: The following table presents information with respect to purchases of the Company’s common stock made during the fourth quarter of 2021 by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3).
+Added: (dollars in thousands, except per share data) Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased As Part of Publicly Announced Programs Approximate Dollar Value Of Shares That May Yet Be Purchased Under The Programs
+Added: October 1, 2021 - October 31, 2021 — $ — — $ —
+Added: November 1, 2021 - November 30, 2021 48,797 44.70 48,797 27,818
+Added: December 1, 2021 - December 31, 2021 51,203 44.04 51,203 25,564
+Added: Total 100,000 100,000
+Added: Stock Performance Graph
+Added: The following graph and table compares the five-year cumulative total return to shareholders of First Internet Bancorp common stock with that of the Nasdaq Composite Index and the S&P U.S.
+Added: BMI Banks Index.
+Added: The following assumes $100 invested on December 31, 2016 in First Internet Bancorp, the Nasdaq Composite Index and the S&P U.S.
+Added: BMI Bank Index, and assumes that dividends are reinvested.
+Added: The historical stock price performance for our common stock is not necessarily indicative of future stock performance.
+Added: Index 2016 2017 2018 2019 2020 2021
+Added: First Internet Bancorp $ 100.00 $ 120.13 $ 64.91 $ 76.16 $ 93.58 $ 154.22
+Added: NASDAQ Composite Index 100.00 129.64 125.96 172.18 249.51 304.85
+Added: BMI Banks Index 100.00 118.21 98.75 135.64 118.33 160.89
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.