Irwin Financial Corporation Announces Filing of Form 12b-25 to Extend Form 10-K Due Date
March 17 2009 - 6:44PM
PR Newswire (US)
COLUMBUS, Ind., March 17 /PRNewswire-FirstCall/ -- Irwin Financial
Corporation (NYSE:IFC) today announced that it has filed a Form
12b-25 with the Securities and Exchange Commission relating to its
Annual Report on Form 10-K for the fiscal year ended December 31,
2008. The Company stated that it has requested guidance from the
SEC staff concerning the appropriate accounting for the sale of
certain securitization residual interests in the fourth quarter of
2008, the outcome of which will affect the Company's financial
statements included in the Form 10-K. The Company's expectation is
to reflect the guidance in its accounting treatment for these
securitization interests, and the home equity loans to which they
relate, in completing and filing its Form 10-K as promptly as
practicable, and in any event on or before March 31, 2009,
following the Company's receipt of the final report of the
Company's external auditors on its consolidated financial
statements for the year ended December 31, 2008 to be included in
the Form 10-K. The Form 12b-25, which contains additional
information about the Company, is available on its website
(http://www.irwinfinancial.com/) and on the SEC's website
(http://www.sec.gov/). This press release does not constitute or
form a part of any offer to sell, or solicitation of an offer to
purchase or exchange, securities in any jurisdiction in which such
offer, solicitation or sale is unlawful. Securities may not be
offered or sold absent registration under the Securities Act of
1933 or any applicable state laws or pursuant to an applicable
exemption from the registration requirements of the Securities Act
or applicable state laws. About Irwin Financial Irwin(R) Financial
Corporation (http://www.irwinfinancial.com/) is a bank holding
company with a history tracing to 1871. The Corporation provides a
broad range of banking services to small businesses and consumers
in selected markets. DATASOURCE: Irwin Financial Corporation
CONTACT: Susan Matthews, Media, +1-317-590-3202, Suzie Singer,
Corporate Communications, +1-812-376-1917, both of Irwin Financial
Corporation Web Site: http://www.irwinfinancial.com/
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