| Business Summary | | First
Indiana
Corporation
is
a
commercial
bank
holding
company.
The
principal
assets
of
the
Company
are
the
outstanding
stock
of
First
Indiana
Bank
and
Somerset
Financial
Services,
LLC,
its
wholly
owned
subsidiaries.
The
Company's
business
consists
of
the
Bank,
the
Bank's
subsidiaries
and
Somerset.
The
Bank's
subsidiaries
include
One
Mortgage
Corporation,
a
mortgage
origination
subsidiary;
One
Investment
Corporation,
an
operating
subsidiary;
Pioneer
Service
Corporation,
a
limited
partner
investor
in
an
apartment
complex,
and
One
Property
Corporation,
a
real
estate
investment
subsidiary. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FISB
is
a
commercial
bank
holding
company
for
First
Indiana
Bank
and
Somerset
Financial
Services.
For
the
six
months
ended
6/30/01,
interest
income
rose
less
than
1%
to
$83.5
million.
Net
interest
income
after
loan
loss
prov.
fell
2%
to
$33.1
million.
Net
income
rose
16%
to
$13.5
million.
Net
interest
income
after
LLP
reflects
declining
interest
rates
and
an
increase
in
savings
deposits.
Earnings
benefitted
from
an
increase
on
the
sale
of
loans
and
higher
fee
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert McKinney, 75 Chairman | $565K | $396K | Owen Melton, Jr., 54 Pres,
COO, Director of the Company and the Bank | 775K | -- | Marni McKinney, 44 Vice
Chairman, CEO and Chairman of the Bank | 503K | 127K | Patrick Early, 43 Pres,
Somerset Financial Services | -- | -- | William Brunner, 41 VP,
Treasurer | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|