Harrington Financial - HFGI- Profile

Harrington Financial Group, Inc.. The company is a federally chartered savings and loan holding company for Harrington Bank, FSB. The bank provides community banking services through a principal office in Richmond, Indiana and seven full service branch offices located in Carmel, Fishers, Nobelsville, Indianapolis, Indiana; Mission, Kansas and Chapel Hill, North Carolina. Harrington commenced commercial lending operations in Kansas and full service banking facility in Mission, Kansas. The bank invests in mortgage-backed and related securities and originates loans secured by single-family residence located primarily in Indiana. The company also provides trust, investment management and custody services for individuals and institutions through Harrington Wealth Management Company. Interest & fees on loans accounted for 63% of fiscal 2001 revenues; other interest income, 24% and non-interest income, 13%. Accepts deposits from the general public and originates loans through seven full service offices in Indiana and North Carolina