First Bancorp of Indiana, Inc. is a bank holding company whose principal activity is the ownership and management of its wholly owned subsidiary, First Federal Savings Bank (the Bank). The Bank operates as an Indiana commercial bank. The Bank provides a variety of banking services to individuals and business customers through nine locations in Southwestern Indiana. The Bank operates some of its branches under Home Building Savings Bank (HBSB), a division of the Bank. The Bank has three wholly owned service corporation subsidiaries, FFSL Service Corporation (FFSL), Elucidate Financial Solutions, Inc. (Elucidate) and White River Service Corporation (WRSC). FBEI Investments, Inc. (FBEII), a wholly owned subsidiary, manages an investment securities portfolio. The Bank generates commercial, mortgage and consumer loans and receives deposits from customers.