First Bancorp of Indiana, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2020
November 03, 2020
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First Bancorp of Indiana, Inc. announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced net interest income was USD 3.176 million compared to USD 3.185 million a year ago. Net income was USD 695,000 compared to USD 401,000 a year ago.
First Bancorp of Indiana, Inc. is a bank holding company. The Companyâs principal activity is the ownership and management of its wholly owned subsidiary, First Federal Savings Bank (the bank). The Bank provides a variety of banking services to individuals and business customers through nine full-service locations in southwestern Indiana and one loan production office in Henderson, Kentucky. The Bank operates some of its branches under Home Building Savings Bank, a division of the Bank. The Bankâs deposit products include certificates of deposit, checking accounts, health savings accounts, individual retirement account, money market accounts and savings accounts. Its loan products include consumer loans, mortgage loans and home equity loans, among others. The Bankâs e-banking services include First Direct Online Banking, First BillPay, Zelle, Mobile Banking, Digital Wallet, Mobile Check Deposit and eStatements. It is also engaged in treasury management and business lending services.
FIRST BANCORP OF INDIANA, INC. 