Industry: Banks-Regional

Sector: Financial Services

First Bancorp of Indiana, Inc. operates as the bank holding company for First Federal Savings Bank, provides various banking products and services to individuals and business customers in the United States. The company accepts various deposits such as certificates of deposit, checking, health savings, individual retirement, money market, and savings accounts; loans include retail loan advisors, consumer, mortgage, and home equity loans; and current rates. It also accepts various business deposit accounts; lending services include relationship bankers, business loans, small business administration, paycheck protection program; and treasury management includes online banking, merchant services, remote capture, and credit cards. In addition, it offers e-banking, and other card services. The company operates nine full-service offices. First Bancorp of Indiana, Inc. was founded in 1904 and is headquartered in Evansville, Indiana.

FIRST BANCORP OF INDIANA INC is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.