COLUMBUS, Ind. -- Irwin Financial Corp. announced a 2-for-1 stock split, with shares to be distributed Sept. 2 to shareholders of record on Aug. 28.

The parent of Irwin Union Bank and Trust Co. split its stock 3-for-2 in December 1991.

Irwin Financial, which increased its income in the first half of 1992 by 88%, to $5.1 million, also announced a third-quarter dividend of 10 cents a share, payable after the split and unchanged from the 20-cent-pre-split payout.

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