First Bancorp of Indiana, Inc. is a savings and loan holding company whose principal activity is the ownership and management of First Federal Savings Bank (Bank) and First Bancorp of Indiana Statutory Trust I (Trust). The Bank operates under a federal savings bank charter and provides full banking services. The Bank operates some of its branches under Home Building Savings Bank (HBSB), a division of the Bank. The Bank has four wholly owned subsidiaries, FFSL Service Corporation (FFSL), FFSB Financial Corporation (FFSB Financial), FBEI Investments, Inc. (FBEII) and White River Service Corporation (WRSC). The Bank generates commercial, mortgage and consumer loans and receives deposits from customers located primarily in Vanderburgh County and Daviess County, Indiana and surrounding counties. The Bank�s loans are generally secured by specific items of collateral, including real property and consumer assets.