| Business Summary | | Blue
River
Bancshares,
Inc.
is
the
holding
company
of
Shelby
County
Bank
(the
Bank).
The
Bank
provides
financial
services
to
south
central
Indiana
through
its
main
office
in
Shelbyville
and
three
other
full
service
branches
in
Shelbyville,
Morristown,
and
St.
Paul,
Indiana.
The
retail
strategy
of
the
Bank
is
to
offer,
primarily
in
Shelby
County
and
Allen
County
(Fort
Wayne),
a
wide
range
of
basic
banking
products
and
services
that
are
reasonably
priced
and
easily
understood
by
the
customer.
The
Bank's
commercial
strategy
centers
on
small
to
medium-sized
businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Blue
River
Bancshares
is
the
holding
company
of
Shelby
County
Bank.
For
the
six
months
ended
6/30/01,
interest
income
fell
8%
to
$5.6
million.
Net
interest
income
after
loan
loss
provision
fell
25%
to
$1.5
million.
Net
loss
rose
28%
to
$508
thousand.
Net
interest
income
reflects
lower
earning
assets
and
higher
costs
on
deposit
balances.
Higher
loss
reflects
the
accrual
of
professional
services
and
costs
of
printing
and
distribution
of
annual
reports. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Steven Abel, 51 Chairman,
CEO | $62K | Lawrence Toombs, 56 Pres,
CEO of the Bank, Director | 69K | D. Warren Robison, 35 Sr.
VP, Sec., Director | -- | Bradley Long, 37 VP
and CFO | -- | David Morrison, 45 Area
Pres and CCO | -- | Dollar amounts are as of 31-Dec-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
|
|