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220 Federal Drive
Corydon, IN 47112

First Harrison Bank is headquartered in Corydon and is the 32nd largest bank in the state of Indiana. It is also the 1,505th largest bank in the nation. It was established in 1891 and as of March of 2014, it had grown to 130 employees at 13 locations. First Harrison Bank has a B+ health rating.

Reviews (1)

Excellent Local Bank That Still Treats You Like A Friend, Not Like A Number, And Doent Nickel And Dime Your Account

Excellent local bank that still treats you like a friend, not like a number, and doent nickel and dime your account


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Harrison Bank had $4.98 million in non-current loans and owned real-estate with $58.71 million in equity and loan loss allowances on hand to cover it. This gives First Harrison Bank a Texas Ratio of 8.49% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First Harrison Bank decreased slightly from 11.23% as of March 31, 2013 to 8.49% as of March 31, 2014, resulting in a positive change of 24.43%.This indicates that the balance sheet and financial strength for First Harrison Bank has improved slightly in recent periods.

Deposit Growth


In the past year, First Harrison Bank has decreased its total deposits by $-854,000, resulting in -0.22% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Harrison Bank has shown is average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Harrison Bank has $448.29 million in assets with $58.71 million in equity, resulting in a capitalization level of 13.10%, which is excellent.

Institution Statistics

FDIC Certificate #31223
Year Established1891
Primary RegulatorOCC
Assets and Liabilities
Assets$448.29 million
Loans$287.74 million
Deposits$383.66 million
Equity Capital$53.70 million
Loan Loss Allowance$5.01 million
Unbacked Noncurrent Loans$4.74 million
Real Estate Owned$249,000
Historic Data - March 2013
Assets$455.56 million
Equity Capital$52.82 million
Loan Loss Allowance$4.79 million
Unbacked Noncurrent Loans$4.74 million
Real Estate Owned$557,000
Profit Margin - Quarterly
Net Interest Margin4.1%
Return on Assets1.19%
Return on Equity10.02%
Interest Income$4.47 million
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First Harrison Bank CD Rates

0.85%$5k-42 Month Relationship CD Special
0.35%$5k-27 Month Relationship CD Special
0.15%$5k-16 Month Relationship CD Special

First Harrison Bank has 13 locations. Click to view all First Harrison Bank locations.