4. First Internet Bancorp Shares of First Internet Bancorp ( FIBP) of Indianapolis closed at $10.00 Wednesday, declining 9% year-to-date. The shares traded for 0.4 times their June 30 tangible book value of $25.26, according to SNL Financial. The company had $538 million in total assets as of June 30, with main subsidiary offering online banking services to customers in all 50 states. The holding company's tangible common equity ratio was 8.86% as of June 30, according to SNL. First Internet Bancorp reported second-quarter net income of $828,000, or 43 cents a share, declining from $945,000, or 50 cents a share, in the second quarter of 2010. While the company's provision for loan losses declined to $335,000 during the second quarter from $774,000 a year earlier, earnings declined because of a $150,000 impairment charge, a decline in net interest income and an 18% year-over-year increase in salary and employee benefits expenses. The company's second-quarter operating return on average assets (ROA) was 0.62% according to SNL. First Internet 's nonperforming assets ratio was up slightly year-over-year, to 2.34% as of June 30, according to SNL.