Irwin Union Bank, F.S.B.
Louisville, KY · Owner: Irwin Financial Corp
$518M
total assets, June 30, 2009
$518M
total assets, June 30, 2009
Irwin Union Bank, F.S.B. was a savings bank in Louisville, KY, owned by Irwin Financial Corp. It failed on Sep 18, 2009, and First Financial Bank, N.a. took over its deposits. At its last report it held $518.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Sep 18, 2009
- Assets
- $518M
- Deposits
- $463M
- Estimated cost
- $114M
- Deposits went to
- First Financial Bank, N.a., Hamilton, OH
Total assets
$518M
-25.1% in a year · -4.2% in a quarter
Deposits
$463M
-15.9% in a year · -4.1% in a quarter
Loans
$451M
-19.9% in a year · -7.6% in a quarter
Profit so far
-$15.2M
Jan 1 to Jun 30, 2009
Capital ratio
7.97%
-0.04 pts in a year
Return on assets
-5.41%
-3.85 pts in a year
Facts
- Type
- Savings bank
- Head office
- 140 Whittington Parkway, Louisville, KY, 40222
- County
- Jefferson
- Holding company
- Irwin Financial Corp
- Established
- Dec 12, 2000
- Failed
- Sep 18, 2009
- Employees
- 103
- Branches
- 9 in 7 states
- Id
- b57068
Quarter by quarter
December 31, 2000 to June 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Irwin Union Bank, F.S.B.?
$518.2 million in total assets and $462.6 million in deposits as of June 30, 2009, with assets down 25.1% from a year before. Its loans were $451.0 million.
How many branches does Irwin Union Bank, F.S.B. have?
9 branches in 7 states as of June 30, 2026.
Is Irwin Union Bank, F.S.B. profitable?
No: it lost $15.2 million from January 1 to June 30, 2009. Its return on assets was -5.41% a year; about 1% is typical.
Who owns Irwin Union Bank, F.S.B.?
Irwin Union Bank, F.S.B. is owned by Irwin Financial Corp, its holding company.
When did Irwin Union Bank, F.S.B. fail?
Sep 18, 2009. First Financial Bank, N.a. of Hamilton, OH took over its deposits. The estimated cost of the failure was $114.0 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.