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Home > Company Index > Banking > Banking - Midwest > Harrington Financial Group, Inc.

Harrington Financial Group, Inc.
Nasdaq: HFGI
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 PROFILE
Harrington Financial Group is the holding company for Harrington Bank, which has seven branches in central Indiana and one each in Shawnee Mission, Kansas, and Chapel Hill, North Carolina. Retail products include CDs (45% of deposits) and money market (about 20%), savings, and checking accounts. The bank primarily issues single-family residential mortgage loans (two-thirds of the loan portfolio), as well as commercial real estate and consumer loans. Subsidiary Harrington Wealth Management was formed in 1999 with Los Padres Bank in California and offers investment management services. Chairman Douglas Breeden, a leading scholar in financial economics, owns almost half of Harrington Financial.

 COMPETITION
BANK ONE CORPORATION (ONE)
Fifth Third Bancorp (FITB)
National City Corporation (NCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 30.50
1-Yr. Sales Growth: (10.3)%
Employees: 60
Revenue per employee: $508,333.33

 KEY PEOPLE
• Craig J. Cerny
    CEO
• John E. Fleener
    CFO

 CONTACT INFO
722 E. Main St.
Richmond, IN 47375
US
Phone: 765-962-8531
Fax: 765-966-0059

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