First Harrison Bank


Overview / Commentary
812-738-2198
220 Federal Drive
Corydon, IN 47112

First Harrison Bank is headquartered in Corydon and is the 19th largest bank in the state of Indiana. It is also the 979th largest bank in the nation. It was established in 1891 and as of June of 2020, it had grown to 198 employees at 18 locations. First Harrison Bank has an A+ health rating.

Reviews (3)

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

First Harrison is wonderful

I first used this bank when I was a kid in elementary school. My mom took me to open up my own savings account. I remember that we were there for a short time and it was pretty easy to do. I had this savings account for a very long time and eventually opened up my own savings account as an adult that did not involve a parent as a cosigner. Since then I have also opened a checking account/debit card with this bank. I have no complaints. The bank has everything I need. I mostly use the ATM. Any time I have had to go into the bank (like to cash a large check or to make a large cash deposit) there are plenty of workers and I never have to wait very long in line. I never have a problem. I am not sure how many branches of this bank there are around. I have always lived in the same small town and used the same bank. I could see it being a problem if I ever moved. I would probably go with a bigger chain (like Chase bank) if this happened.

Overdraft

Beware, this institution has an overdraft scam working. They post Social Security and SSI checks 3 days early, leading people to make bill payments early. Once they see you are used to the early deposit, they then without warning withhold the deposit, causing overdrafts, which of course leads to large profits for themselves. Shitting on the poor for profit is always the Capitalist mantra.



Health
A+

Health Grade Components

Overall
FDIC Certificate #31223
Year Established1891
Employees198
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD9.32%
Annual Interest Income$15.0MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$915.3MM$830.8MM
LoansQ2 2020vs Q2 2019$506.0MM$463.9MM
DepositsQ2 2020vs Q2 2019$811.4MM$738.2MM
Equity CapitalQ2 2020vs Q2 2019$98.5MM$87.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$6.1MM$4.6MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.4MM$2.7MM
Real Estate OwnedQ2 2020vs Q2 2019$58.00K$2.9MM
Rates

Sorry, we do not have rate data for First Harrison Bank.

Locations

Availability



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