First Security to Buy Eight Integra Branches

The struggling Integra Bank Corp. in Evansville, Ind., has announced its third branch-sale deal of the year.

Loss for MutualFirst of Indiana

Despite lower credit costs, MutualFirst Financial Inc. in Muncie, Ind., returned to the red last quarter because of higher impairment charges on its securities.

Old National Sees $12M Loss on a Loan

Old National Bancorp of Evansville, Ind., said Wednesday that its 4Q results would take a hit from a $12 million loss on a "non-real-estate loan participation."

Horizon Gets Creative in Deal for Ailing Neighbor

With little competition, Horizon Bancorp in Indiana was able to create its own playbook for a deal in which it agreed to buy pieces of the American Trust and Savings Bank.

Obama to Meet 11 Community Bankers

President Obama is due to meet today with 11 chief executives of community banks, following up on a meeting with the heads of larger institutions last week.

Indiana's CFS Might Seek Buyer

CFS Bancorp in Munster, Ind., is exploring its strategic options, including the possibility of selling itself.

Old Nat May Be Eyeing Failed Banks

With as much as $196.6 million headed to its war chest, Old National Bancorp in Evansville, Ind., could be striking deals for failed banks soon.

Regulators Shut Subsidiaries of Indiana's Irwin Financial

Closures bring the year's failure total to 94

The failures of $2.7 billion-asset Irwin Union Bank and Trust Co. and $493 million-asset Irwin Union Bank were estimated to cost the Deposit Insurance Fund a total of $850 million.

The Real 'Scarlet Letter' Was Not Receiving Tarp

A year after the Troubled Asset Relief Program came along, a growing number of community banks the government spurned are on the brink of failure.

CB and First Farmers Agree to Merge

First Farmers Financial Corp. in Converse, Ind., and CB Bank Shares Inc. in Russiaville, Ind., said Thursday that they have agreed to merge.

Integra Reports $44 Million Loss

Despite a second-quarter loss of $43.9M that left it with a capital shortfall, Integra Bank in Indiana said it has made progress in dealing with its souring ...

Irwin Sells Loans, Branches to Buy Time

The struggling Irwin Financial is selling branches and loans to buy time as it negotiates with the government to come to its rescue.

White River-First Chicago Deal is Off

White River, a subprime auto financing provider in Indianapolis, said in a securities filing that it has nixed plans to merge with the $1.3B-asset First Chicago Bancorp.

Weighing the Impact of Integra's OCC Agreement

Integra Bank of Evansville, Ind., is getting closer scrutiny from its regulator, but there is some debate about how that might affect the $3.6 billion-asset company.