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Home > Company Index > Banking > Banking - Midwest > First Shares Bancorp, Inc.

First Shares Bancorp, Inc.
 PROFILE
First Shares Bancorp is the holding company for First Bank, which operates six branches in central Indiana. Targeting individuals and small to midsized businesses, the bank provides standard retail services like checking and savings accounts, money market accounts, and CDs. Lending activities include residential mortgages (30%), commercial (24%), consumer (23%), and commercial real estate loans. The company plans to use the proceeds from its IPO to expand in its market area. President and CEO Jerry Engle previously held a position at CNB Bancshares. Private investor Edith Tullis owns more than a fourth of First Shares Bancorp.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 4.10
1-Yr. Sales Growth: 17.3%
Employees: 53
Revenue per employee: $77,358.49

 KEY PEOPLE
• Jerry R. Engle
    CEO
• Kimberly B. Kling
    CFO

 CONTACT INFO
996 S. State Rd. 135
Greenwood, IN 46143
US
Phone: 317-882-4790
Fax: 317-882-5903
Online: Web Site

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