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First Internet Bank Welcomes Blake Sanderson as Commercial Real Estate Leader

1. First Internet Bank announces J. Blake Sanderson as new VP for commercial real estate. 2. Sanderson will focus on expanding a $1 billion portfolio in commitments.

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Why Bullish?

The appointment suggests growth in lending activities, potentially boosting revenues. Historical performance indicates similar strategic hires associated with stock price increases.

How important is it?

Leadership changes in key positions impact strategic direction significantly, positioning INBK for growth. The new VP's experience could enhance commercial real estate operations, aligning with investor interests.

Why Long Term?

This expansion could enhance future revenue streams, although immediate effects may vary. Long-term benefits arise from strengthened relationships and portfolio growth.

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CIMSTAGBXMT
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank today announced that J. Blake Sanderson has joined the organization as First Vice President, Commercial Real Estate Acquisition, Development and Construction. In this position, he will work to further expand relationships and a portfolio currently exceeding $1 billion in commitments. Mr. Sanderson succeeds Nick Campbell, who has been elevated to the role of Senior Credit Officer, assuming responsibility for the bank's commercial credit adminis.

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