Corporate Profile

Our Companies

Corporate Profile

Guiding Philosophy

Mission

Strategy

Our Companies

Management

History

Quick Facts

At Irwin Financial, our strategy is to position the Corporation as an interrelated group of specialized financial services companies serving niche markets of consumers and small businesses while optimizing the productivity of our capital.

   

Commercial

 

Consumer

Our Lines of Business   Commerical Banking
  Commercial Finance
  Home Equity Lending
   

Provides commercial banking services to small businesses in select metropolitan markets in Midwest and Western states. Founded in 1871.

 

Provides loan and equipment lease financing to small businesses throughout the United States and Canada.

 

Originates and services high loan-to-value first and second mortgages nationwide.

Strategy  

Provides customers with highly personalized, flexible services through experienced local management and staff.

 

Specializes in high quality service to selected vendors of equipment and franchises of quick service restaurants based on expertise in their equipment type or business model.

 

Leverages expertise in credit underwriting and servicing to serve the financial needs of homeowners.

Our Niche Focus  

Focuses on serving the commercial and private banking needs of small businesses and their owners.

 

Targets under-served niches with a full range of equipment leasing, franchise, and professional practice financing solutions.

 

Originates, purchases, sells, and services prime and near-prime quality high loan-to-value first and second mortgages, including home equity lines of credit and fixed rate home equity loans principally through broker and correspondent partnerships.

2006 Highlights  
Record net income $30.9 million, a 13% increase over 2005
Loan portfolio at $2.9 billion, an 8% increase over 2005
Core deposits of $2.4 billion, a 4% decline year-over-year
2006 charge-off rate of 0.13%, up slightly from 0.12% in 2005
 
Record net income of $12.6 million, a 70% increase over 2005
Lease and loan portfolio totaled $1.1 billion at year end, a 29% increase
2006 charge-off rate of 0.40%, down from 0.69% in 2005
 
Net income of $1.5 million, compared to $2.3 million in 2005
Loan originations of $1.0 billion, down 41% from 2005
Managed portfolio increased by 7% to $1.7 billion at year end
2006 charge-off rate of 1.00%, up from 0.60% in 2005
Consolidated Graphs
Consolidated
Net Income and ROE*
 
Consolidated
Loans and Leases
 
Consolidated
Net Interest Income*
 
Consolidated Net Interest Income* Continuing Operations
   
Consolidated Net Interest Income* Continuing Operations

   
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