| Business Summary | | First
Bancorp
of
Indiana,
Inc.
is
the
holding
company
for
First
Federal
Savings
Bank.
First
Federal
operates
as
a
community-oriented
financial
institution
and
provides
full
banking
services
in
a
single
significant
business
segment.
The
Bank
generates
mortgage
and
consumer
loans
and
receives
deposits
from
customers
located
primarily
in
Vanderburgh
County,
Indiana,
and
surrounding
counties.
The
Bank's
loans
are
generally
secured
by
specific
items
of
collateral,
including
real
property
and
consumer
assets.
First
Federal
conducts
its
operations
through
four
offices
located
in
Evansville,
Indiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FBEI
is
the
holding
company
for
First
Federal
Savings
Bank,
which
operates
four
branches
in
Evansville,
Indiana.
For
the
fiscal
year
ended
6/30/01,
total
interest
income
rose
32%
to
$11.3
million.
Net
interest
income
after
loss
prov.
rose
7%
to
$4.5
million.
Net
income
rose
1%
to
$1.2
million.
Net
interest
income
reflects
higher
average
investment
balances,
partially
offset
by
a
higher
rate
paid
on
deposits.
Net
income
reflects
increased
salaries
and
employee
benefits. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,092;
after
tax
earnings
were
406. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Harold Duncan, 59 Pres,
CEO and Chairman | $394K | Michael Head, 42 VP,
Director | -- | Christopher Bengert, 43 Treasurer | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|