Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  HALL THERESA L
 2. Date of Event Requiring Statement (Month/Day/Year)
02/09/2006		 3. Issuer Name and Ticker or Trading Symbol
IRWIN FINANCIAL CORP [IFC]
(Last)
(First)
(Middle)
IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP-Human Resources
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

COLUMBUS, IN 47201		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
COMMON STOCK 2,971 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 02/13/2012 COMMON STOCK 6,800 $ 15.65 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 04/25/2010 COMMON STOCK 4,900 $ 16.9687 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 05/02/2015 COMMON STOCK 6,300 $ 20.47 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 04/24/2011 COMMON STOCK 4,800 $ 21.38 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 04/24/2013 COMMON STOCK 9,200 $ 22.46 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 04/28/2014 COMMON STOCK 5,100 $ 23.89 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 04/28/2009 COMMON STOCK 3,100 $ 24.0937 D  
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)   (2) 04/20/2008 COMMON STOCK 1,700 $ 28.1875 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HALL THERESA L
IRWIN FINANCIAL CORPORATION
500 WASHINGTON STREET
COLUMBUS, IN 47201		       VP-Human Resources  

Signatures

Theresa L. Hall 02/10/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 379 additional shares acquired under the Irwin Financial Corporation Dividend Reinvestment and Common Stock Purchase Plan. The shares noted are as of December 31, 2005. The Plan provides for the purchase of fractional shares. The number reported is the nearest whole number.
(2) The Plan provides for phased-in vesting of rights to exercise granted stock options. In the year of the grant, optionee may exercise 25% of total options granted. In each of the three years immediately following the year of the grant, optionee may exercise an additional 25% of the options granted. Grant of option was made to reporting person in transaction exempt under Rule 16b-3.

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