Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
First Bancorp of Indiana, Inc. Announces Financial Results

EVANSVILLE, IN -- (Marketwire) -- 01/18/13 -- First Bancorp of Indiana, Inc., (OTCBB: FBPI), the holding company for First Federal Savings Bank, reported earnings of $349,000 for the quarter ended December 31, 2012, compared to net income of $360,000 in the same quarter last year. The quarter-over-quarter change was attributed largely to higher overhead expenses. The increase in these expenses more than offset a 3.9% increase in net interest income associated with strong loan growth and lower funding costs.

The Company recognized earnings of $781,000 in the first half of fiscal 2013, up from $667,000 for the same period last year. The greater comparative year-to-date earnings were due in large part to a 17.8% increase in noninterest income, particularly gains from the sale of loans. Also, net interest income improved 3.0% as net loans grew 15.6% over the past six months and 27.7% from the same time last year. A new operations center, a new branch facility in Petersburg, Indiana, and additional staffing needs were the factors primarily responsible for the increased noninterest expenses.

At approximately 8.5%, First Federal's tier one capital ratio was well in excess of the five percent regulatory standard for "well-capitalized" financial institutions. The bank's other capital measurements also continue to comfortably exceed "well-capitalized" standards. In addition, First Bancorp paid a dividend of 15.5 cents per outstanding share for the 19th consecutive quarter.

Certain information in this press release may constitute forward-looking information that involves risks and uncertainties that could cause actual results to differ materially from those estimated. Persons are cautioned that such forward-looking statements are not guarantees of future performance and are subject to various factors that could cause actual results to differ materially from those estimated. Undue reliance should not be placed on such forward-looking statements.


                       First Bancorp of Indiana, Inc.
                      Consolidated Financial Highlights
                               (in thousands)


                                                12/31/2012      6/30/2012
                                             =============== ===============
Selected Balance Sheet Data:                   (unaudited)
Total assets                                         390,271         381,186
Investment securities                                 98,541         115,680
Loans receivable, net                                210,765         182,381
Deposit accounts                                     271,871         269,197
Borrowings                                            73,155          73,155
Stockholders' equity                                  35,546          34,778



                                  Three months              Six months
                               ended December 31,       ended December 31,
                                2012         2011        2012        2011
                            ===========  =========== =========== ===========
Operating Results:          (unaudited)  (unaudited) (unaudited) (unaudited)
Interest income                   3,307        3,452       6,681       6,981
Interest expense                    954        1,187       1,987       2,423
                            -----------  ----------- ----------- -----------
Net interest income               2,353        2,265       4,694       4,558
Provision for loan losses           120          100         225         250
                            -----------  ----------- ----------- -----------
Net interest income after
 provision                        2,233        2,165       4,469       4,308
Noninterest income                  885          896       1,909       1,621
Noninterest expense               2,772        2,648       5,578       5,181
                            -----------  ----------- ----------- -----------

Income before income taxes
 and cumulative effect of a
 change in accounting
 principle                          346          413         800         748
Income taxes                         (3)          53          19          81
                            -----------  ----------- ----------- -----------

Net income                          349          360         781         667
                            ===========  =========== =========== ===========

CONTACT:
Michael H. Head
President and CEO
First Bancorp of Indiana
812-492-8100

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
The 16th International Cloud Expo announces that its Call for Papers is now open. 16th International Cloud Expo, to be held June 9–11, 2015, at the Javits Center in New York City brings together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC...
DevOps Summit at Cloud Expo Silicon Valley announced today a limited time free "Expo Plus" registration option. On site registration price of $1,95 will be set to 'free' for delegates who register during this Labor Day week. To take advantage of this opportunity, attendees can us...
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal ...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the c...
AppZero, a fast, flexible way to move enterprise applications to the cloud, has announced that AppZero Cloud Edition is available to try on Amazon Web Services (AWS) free of charge, as an AWS Test Drive. AppZero's award-winning application migration tool enables users to move se...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE