| Business Summary | | Irwin
Financial
Corp.,
organized
as
a
bank
holding
company,
provides
diversified
financial
services.
The
Company's
principal
subsidiaries
are
Irwin
Mortgage
Corporation,
a
mortgage
banking
company;
Irwin
Union
Bank
and
Trust
Company,
a
commercial
bank;
Irwin
Home
Equity
Corporation,
a
consumer
home
equity
lending
company;
Irwin
Business
Finance,
an
equipment
leasing
company;
Irwin
Ventures
Incorporated,
a
venture
capital
company;
and
Irwin
Union
Credit
Insurance
Corporation,
a
credit
insurance
company.
Irwin
Financial
is
also
the
sole
equity
shareholder
of
IFC
Capital
Trust
I,
a
special
purpose
trust. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Irwin
Financial
Corp.
is
a
bank
holding
company
which
provides
diversified
financial
services.
For
the
fiscal
year
ended
12/31/00,
total
interest
income
rose
46%
to
$184.5
million.
Net
interest
income
after
loan
loss
provision
rose
36%
to
$91.4
million.
Net
income
applicable
to
Common
rose
8%
to
$35.7
million.
Results
reflect
increased
loan
production
at
the
home
equity
lending
due
to
growth
in
the
servicing
portfolio,
partially
offset
by
rising
interest
rates. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
12,808. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Miller, 44 Chairman | $1.2M | John Nash, 63 Pres | 818K | Thomas Washburn, 54 Exec.
VP | 458K | Gregory Ehlinger, 39 Sr.
VP, CFO | -- | Matthew Souza, 44 Sr.
VP - Ethics, Sec. | -- | 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
|
|