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Article: First Indiana Announces Record Earnings of $6.8 Million, an 11 Percent Increase Over The Previous Year * Business Loans Outstanding Up 51 Percent * Non-Interest Income Increases 63 Percent, Exclusive of Somerset Merger.
- Article from:
- PR Newswire
- Article date:
- July 16, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INDIANAPOLIS, July 16 /PRNewswire/ --
First Indiana Corporation (Nasdaq: FISB) today announced record quarterly earnings of $6.8 million, or $0.53 per diluted share, for the quarter ended June 30, 2001. This represents an 11 percent increase over second quarter 2000 earnings of $6.2 million, or $0.48 per diluted share.
For the six months ended June 30, 2001, First Indiana's earnings were $13.5 million, or $1.05 per diluted share, compared with $11.7 million, or $0.91 per diluted share, for the same period in 2000, a 16 percent increase.
"For the past several years, First Indiana has concentrated on becoming a relationship-oriented bank with the ...