First Harrison Bank
First Harrison Bank is a 134-year-old community bank operating 17 branches across southern Indiana and Bullitt County, Kentucky, serving retail consumers and small-to-medium businesses with deposits, consumer and commercial loans, mortgages, SBA lending, treasury, and merchant services under holding company First Capital, Inc. (NASDAQ: FCAP).
- Company typePrivate
- Founded1891
- HeadquartersCorydon, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What First Harrison Bank does
First Harrison Bank is a community bank founded in 1891 and headquartered at 220 Federal Drive NW in Corydon, Indiana, the state's first capital. It operates 17 branch locations across southern Indiana and Bullitt County, Kentucky, serving retail consumers and local small-to-medium businesses through deposit products (checking, savings, CDs), consumer lending (auto, recreational vehicle, personal, HELOC, mortgage, construction), commercial lending (SBA 7(a) and 504, commercial real estate, equipment, lines of credit), treasury management, merchant services through BancCard, and credit cards issued via TIB National Association. The bank's parent holding company, First Capital, Inc., trades on NASDAQ as FCAP (the bank itself is privately held), with total assets of $1.28 billion and deposits of $1.13 billion as of the most recent disclosed period.
The operating model pairs a traditional branch-led, locally-underwritten relationship-banking motion with a digital platform branded as "Banking Butler," which provides online and mobile banking, mobile check deposit (Cinch Deposits), card management and fraud controls (Card Concierge), Apple/Google/Samsung Pay integration, a 24/7 IVR (MonyLine), and a SimpleNexus-powered mortgage application experience. Deposit and fee revenue is generated through standard retail and commercial banking services; net interest margin expanded from 3.34% to 3.81% between disclosed periods, and Q1 2026 net income reached $4.3 million (+34% year-over-year). Nonperforming assets declined to $4.0 million from $4.4 million, and the loan-to-deposit ratio sat at approximately 59.6-59.9% across 2025.
Distribution emphasizes local decision-making authority, community involvement (SBDC partnerships, civic sponsorship), and dedicated business bankers and mortgage lenders, supplemented by specialty lending capabilities (FHA, VA, USDA, SBA, construction, HELOC). The bank maintains a 5-Star Bauer Financial rating and Bank On certification for its Easy Checking account, holds standard FDIC deposit insurance, and operates an Innovation Hub @ 44 community technology and makerspace at its Highway 44 branch in Shepherdsville, Kentucky. Banking Butler and Card Concierge are trademarked brands within the franchise.
First Harrison Bank firmographics
Firmographics- Name
- First Harrison Bank
- Legal name
- First Harrison Bank
- Website
- https://firstharrison.com
- Company type
- Private
- Founded year
- 1891
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- First Harrison Bank is a 134-year-old community bank operating 17 branches across southern Indiana and Bullitt County, Kentucky, serving retail consumers and small-to-medium businesses with deposits, consumer and commercial loans, mortgages, SBA lending, treasury, and merchant services under holding company First Capital, Inc. (NASDAQ: FCAP).
- Ownership category
- akta.pro rank
First Harrison Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- HELOC Origination (Revolving Lines of Credit) (FSALAGAB)
Keywords
Where First Harrison Bank is headquartered
LocationHeadquarters
- HQ city
- Corydon
- HQ country
- United States
- HQ region
- North America
Offices15 records
Markets served
First Harrison Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income from Lending: The bank generates primary revenue through interest income from its loan portfolio, including consumer loans (auto, mortgage, construction, HELOC, personal), business loans (SBA, commercial real estate, equipment), and credit cards. Interest rates and loan terms are competitively priced with special promotions such as 5.99% auto loans.
- Deposit and Account Fees: Revenue from various account-related fees including overdraft fees ($33), NSF fees ($33), ATM fees ($2 foreign terminal), wire transfer fees, stop payment fees, and monthly service charges. Additional revenue from cashier's checks, coin counting, and research services.
- Deposit Taking: The bank accepts deposits including checking accounts, savings accounts, and Certificates of Deposit (CDs), using these funds to support its lending operations. Deposits of $1.13 billion as of December 31, 2025.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Auto Loan Special - 5.99% rate, 60-month term |
| Other | Pay-as-you-go | Standard Fee Schedule |
| Subscription | Monthly | Easy Checking Account |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
First Harrison Bank product offering
Product offeringCore offering
First Harrison Bank is a community bank providing consumer and business banking products including checking accounts, savings, CDs, debit and credit cards, consumer loans (auto, recreational vehicle, personal, HELOC), business loans (SBA, commercial real estate, equipment, lines of credit), mortgages, and treasury/merchant services. Products are distributed through 17 branch locations and the Banking Butler digital banking platform spanning southern Indiana and Bullitt County, Kentucky.
Product overview
First Harrison Bank is a regional community bank founded in 1891, operating as a subsidiary of First Capital, Inc. (NASDAQ: FCAP). The bank offers a comprehensive suite of banking products organized around two main divisions: Consumer Banking (Banking Butler digital platform) and First Harrison Mortgage. Consumer Banking includes personal and business checking/savings accounts, CDs, debit and credit cards (issued through TIB National Association), consumer loans (auto, recreational vehicles, personal), business loans (SBA, term loans, lines of credit), and treasury/merchant services. The Banking Butler digital platform serves as the core online/mobile banking hub, integrating Card Concierge for debit card controls, Cinch Deposits for remote check deposit, and mobile wallet support (Apple Pay, Google Pay, Samsung Pay). First Harrison Mortgage provides conventional, FHA, USDA, VA, and jumbo mortgages plus construction loans and HELOCs. The bank operates 17 branches across southern Indiana and Bullitt County, Kentucky with approximately $1.27 billion in assets as of December 2025.
Differentiator
Problem solved
Functional benefit
Brands
- Banking Butler: Digital banking platform offering online and mobile banking services including bill pay, Cinch Deposits, mobile wallet, and card concierge features.
Products and services
- Banking Butler Digital Banking Platform Online and mobile banking platform offering account management, bill pay, Cinch Deposit mobile check deposit, fund transfers, loan applications, Card Concierge debit card controls, and mobile wallet integration. Available to consumers and businesses via web, iOS, and Android apps.
- Personal Checking Accounts Checking accounts for personal banking customers including the Bank On certified Easy Checking account with $25 minimum opening, no monthly service charge, free bill pay, instant issue debit card, and Banking Butler digital access.
- Personal Savings Accounts Savings accounts for personal banking customers with competitive interest rates and FDIC insurance coverage.
- Certificates of Deposit (CDs) Term deposit accounts offering guaranteed returns with fixed interest rates for specified periods, with promotional CD specials available.
- Personal Debit Mastercard Personal debit card with Mastercard ID Theft Protection, SimplyMiles rewards, Priceless Surprises, Priceless Experiences, Debit Card Round Up savings feature, mobile wallet support (Apple Pay, Google Pay, Samsung Pay), and Card Concierge controls.
- Business Checking Accounts Business checking accounts including Prime Checking (small business), Analysis Checking (high transaction volume), and Elite Checking, all with Banking Butler access, instant issue debit cards, and Mastercard benefits.
- Business Debit Mastercard Business debit card offering Intuit product discounts (QuickBooks, TurboTax), Mastercard Easy Savings, car rental insurance, HealthLock medical claims monitoring, Mastercard Smart Data receipt management, and Priceless Surprises/Experiences rewards.
- Auto Loans
Quantifiable outcome
- 34% increase in net income year-over-year for Q1 2026
- +3 more outcomes
Companies that use First Harrison Bank
Customer profileSegments4 records
Ideal customer profiles3 records
First Harrison Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability6 records
Feature5 records
First Harrison Bank partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- BancCardcoreBancCard provides transaction processing, authorization, and network services for credit and debit cards. The partnership offers point of sale terminals, gateway/virtual terminal products, mobile products, and specialty cards (gift, loyalty, fleet). BancCard provides local face-to-face service with 24/7 customer support.
- TIB National AssociationcoreTIB provides credit card issuance and servicing for First Harrison Bank's consumer and business credit card products. Cards include Consumer Value (2.90% intro rate), Everything Rewards, Premier Plus Rewards, and Business No Fee/Business Choice Rewards.
- Indiana Small Business Development Center (SBDC)coreFirst Harrison Bank is a proud corporate sponsor of the Indiana SBDC. The partnership provides free business advice and counseling including strategy, market research, business planning, export assistance, and valuation for business customers.
- Kentucky Small Business Development Center (SBDC)corePartnership with Kentucky SBDC to provide free business counseling and support services to customers in Kentucky, including strategy, market research, and business planning assistance.
- MastercardcoreMastercard provides debit and credit card processing, including Priceless Surprises and Priceless Experiences programs, car rental insurance, and Easy Savings program for business debit cards. Also includes Mastercard ID Theft Protection for debit card holders.
- Microsoft AdvertisingminorBusiness debit Mastercard holders are eligible for $125 in advertising credit after spending $10 with Microsoft Advertising as new customers.
- IntuitminorPartnership provides First Harrison Business Debit Mastercard holders access to discounts on Intuit products: 30% off QuickBooks Online or QuickBooks Self-Employed, 30% off QuickBooks Online Payroll, and up to 20% off TurboTax.
- AvannisminorAvannis is a professional research firm that conducts customer experience surveys for First Harrison Bank via email and phone. The surveys cover recent branch transactions, new account sign-ups, and overall customer relationship quality.
- Federal Housing Administration (FHA)coreFHA mortgage loans are insured by the Federal Housing Administration and designed to help lower-income and first-time homebuyers with lower down payments and more lenient credit requirements.
- USDAcoreUSDA mortgage loans help low-to-moderate income borrowers purchase homes in eligible rural areas. The USDA loan is a 100% purchase loan.
- Small Business Administration (SBA)coreFirst Harrison Bank is an SBA lender offering 7(a) loans (up to $5 million for acquisitions, real estate, equipment, working capital) and 504 loans (for owner-occupied commercial real estate and major equipment).
- Veterans Administration (VA)coreVA mortgage loans available to veterans and active-duty service members offering no down payment, competitive interest rates, and no requirement for private mortgage insurance (PMI).
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
First Harrison Bank competitors and assessment
Company assessmentDirect peers
- First Financial Bank: Indiana-headquartered community bank with comparable deposit-funded retail and commercial banking model across southern Indiana and adjacent markets. Similar asset base, branch distribution, and SBA/construction lending emphasis makes it a directly comparable Indiana community bank peer.
- German American Bancorp: Indiana-based community bank holding company serving southern Indiana with a similar full-service consumer/commercial banking franchise. Comparable asset scale, rural/small-metro footprint, and community banking model make it a direct Midwest community bank peer.
- Stock Yards Bank & Trust: Kentucky-based community bank serving the Louisville metro and Bullitt County area where First Harrison operates. Overlapping geographic footprint, similar consumer/business banking mix, and comparable private/community bank positioning.
Regional players
- Civista Bank: Ohio-headquartered community bank with growing Indiana presence; comparable in asset size and customer segments (consumer, small business, mortgage). Competes in adjacent Ohio/Indiana markets with similar community-banking value proposition.
- Peoples Bancorp: Indiana-headquartered community bank with similar full-service consumer, mortgage, and small-business banking model. Comparable deposit-funded franchise and similar customer base in adjacent Indiana markets.
- Limestone Bancorp: Kentucky-based community bank (formerly Paducah-based) with similar asset size and consumer/business banking model, operating in Kentucky markets including those adjacent to First Harrison's Bullitt County footprint.
- BancorpSouth / Cadence Bank: Mid-South regional bank with community banking model and comparable consumer/business/SBA lending mix serving adjacent geographies. Relevant comparable for community-bank operating model and credit profile benchmarking.
Broad incumbents
- Old National Bancorp: Indiana-based regional bank holding company with much larger asset base serving the same Indiana/Kentucky markets. Overlaps in retail and commercial banking but operates as a broader incumbent with deeper product set and digital capabilities.
- JPMorgan Chase: National incumbent that competes with First Harrison in Indiana/Kentucky retail and small-business banking, including SBA lending, mortgages, and digital banking. A relevant incumbent for competitive benchmarking and share-shift analysis.
- Flagstar Bank: National bank with significant mortgage origination and Midwest community banking presence; competes directly with First Harrison in mortgage lending, retail deposits, and consumer lending across overlapping Indiana/Kentucky markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
First Harrison Bank social profiles
Digital presenceFirst Harrison Bank compliance and trust
Trust signalCompliance4 records
First Harrison Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Harrison Bank leadership team
Management profileNumber of profiles
Profiles21 records
First Harrison Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Harrison Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Harrison Bank
What does First Harrison Bank do?
First Harrison Bank is a community bank providing consumer and business banking products including checking accounts, savings, CDs, debit and credit cards, consumer loans (auto, recreational vehicle, personal, HELOC), business loans (SBA, commercial real estate, equipment, lines of credit), mortgages, and treasury/merchant services. Products are distributed through 17 branch locations and the Banking Butler digital banking platform spanning southern Indiana and Bullitt County, Kentucky.
Is First Harrison Bank a public or private company?
First Harrison Bank is a private company. It is classified as corporate owned and is currently operating.
When was First Harrison Bank founded?
First Harrison Bank was founded in 1891. It employs 101 to 250 people.
Where is First Harrison Bank based?
First Harrison Bank is headquartered in Corydon, United States, in the North America region.
How does First Harrison Bank make money?
Three revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit and Account Fees and deposit Taking.
Who are First Harrison Bank's main competitors?
Direct peers on record are First Financial Bank, German American Bancorp and Stock Yards Bank & Trust. Regional players are Civista Bank, Peoples Bancorp, Limestone Bancorp and BancorpSouth / Cadence Bank. Broad incumbents are Old National Bancorp, JPMorgan Chase and Flagstar Bank.
Does First Harrison Bank have an API?
No public API is recorded for First Harrison Bank.
What industry is First Harrison Bank in?
First Harrison Bank's product category is Community Banking. Its primary akta.pro industry code is FSALAGAB, HELOC Origination (Revolving Lines of Credit). Its NAICS code is 52211 and its SIC code is 6022.