That is what the Reformed theology suggests.
Here’s a thought: Humans are NOT created in God’s image. Consider this, from Gen 5:
1) This is the book of the generations of Adam. When God created man, he made him in the likeness of God. 2) Male and female he created them, and he blessed them and named them Man when they were created. 3) When Adam had lived 130 years, he fathered a son in his own likeness, after his image, and named him Seth.
See the difference between those who were created in God’s image (Adam and Eve) and those created in the image of their earthly (fallen) parents (all who follow Adam and Eve)? Once Adam and Eve fell, they were sinful people who could not pass on the “image of God”. When the One Who is the perfect image of God (the Lord Jesus) came, He brought back to Earth the image of God. All who are born again in Christ are created as new creatures in the image of God.
Sinful reprobates (Romans chapter 1) are not created in the image of God. Sinful people who are apathetic towards God are not created in His image. Until saved, we are His enemies (Romans 5) and not “in His image”. But once born again, we are new (2 Cor 5) and bear His image (the Spirit of the living God) within our soul.