Indiana

Bank of America and its Countrywide unit were accused of racketeering in a lawsuit filed by two Indiana residents claiming that perjured affidavits were used to foreclose ...

Old National Bancorp in Evansville, Ind., Wednesday announced a deal to acquire the $850 million-asset Monroe Bancorp for $83.5 million in a stock transaction.

After trying to expand the unit, MainSource Financial Group of Greensburg, Ind., has shrunk MainSource Insurance by selling its property and casualty and health insurance books.

Adding to the recent string of small-bank acquisitions, German American Bancorp Inc. in Jasper, Ind., is purchasing American Community Bancorp Inc.

Integra Bank Corp. has sold four branches in Kentucky and Ohio and nearly $62 million in loans to Citizens Deposit Bank and Trust as part of a plan to boost capital and reduce problem loans.

Indiana Business Bancorp in Indianapolis swung to a loss in the second quarter as its provision spiked. The $89.9 million-asset company reported a loss of $484,678, or 32 cents a share, after reporting net income of $37,907, or 3 cents a share, a year earlier.

First Security Inc. in Owensboro, Ky., decided on the latter last week when it decided to call off a deal to buy three Indiana branches and a pool of loans from the struggling, $3 billion-asset Integra Bank Corp.

First Internet Bank of Indianapolis plans to enter the commercial lending business after more than a decade of focusing on consumer loans.

Integra Bank Corp. has sold two Kentucky branches and more than $40 million in loans to Cecilian Bank as part of a plan to boost capital and reduce nonperforming assets.

Horizon Bancorp in Michigan City, Ind., has completed its purchase of American Trust and Savings Bank of Whiting, Ind., the companies said Tuesday.

Integra Bank Corp. of Evansville, Ind., reached an agreement with the Federal Reserve requiring it to secure approval before taking on debt or paying dividends.

Integra Bank Corp. in Evansville, Ind., has a new strategy for addressing its problem assets: Get them off the books as quickly as possible.

FNB Bank Inc. of Mayfield, Ky., has agreed to buy three Kentucky bank branches and a pool of loans from Integra Bank of Evansville, Ind.

Old National Bancorp in Evansville, Ind., returned to profitability in the first quarter after a rough fourth quarter.

Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.

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

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

With little competition, Horizon Bancorp in Michigan City, Ind., was able to create its own playbook for a deal announced late Tuesday in which the company agreed to buy pieces of the $122 million-asset American Trust and Savings Bank in Whiting, Ind.

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.