Investor Presentaiton

$ In Millions INBC Consolidated Tangible Capital INBC Tangible Common Equity¹ 9/30/2023 Tangible book value per share of $7.69 TBV per Share¹ IN $100.0 $90.0 $80.0 $67.3 $70.0 $60.0 $50.0 10.00% $9.00 $8.41 $90.3 9.00% $8.57 $7.69 $8.00 $8.24 8.00% $7.00 7.00% $6.00 6.00% $5.00 5.00% $4.00 $40.0 4.00% $3.00 $30.0 3.00% $2.00 $20.0 2.00% $10.0 1.00% $1.00 $- 0.00% $- 4Q'21 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23 2Q'23 3Q'23 4Q'21 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23 2Q'23 3Q'23 TCE TCE/TA Adjusted TCE/TA TBV per Share Adjusted TBV per Share ➤ Over the past seven quarters, Tangible Book Value (TBV) per share decreased $0.72 per share, from $8.41 in 4Q'21 to $7.69 in 3Q'23 ➤ A decrease in TBV per share of $1.05, or 12.5%, was the result of a decrease in AOCI of $11.6 million Excluding the impact of AOCI, TBV per share grew $0.33, or 4.0%, including the acquisition of Legacy Bank in 20'22 (which we estimate was ~12.0% dilutive at closing) 1. Tangible Common Equity, Tangible Book Value, Adjusted Tangible Common Equity, and Adjusted Tangible Book Value are non-GAAP measures, see reconciliation tables elsewhere in the presentation. 17

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