-
First Farmers Financial in Converse, Ind., has agreed to buy most of Bank of Indiana.
April 10 -
First Farmers Financial Corp. agreed late Wednesday to acquire First Citizens of Paris Inc.
December 15
First Farmers Bank & Trust in Converse, Ind., has received regulatory approval to acquire most of the Bank of Indiana.
The Federal Reserve on Friday said the $1.1 billion-asset First Farmers may
The $90 million-asset Bank of Indiana is currently operating under a 2009 formal agreement with the Office of the Comptroller of the Currency for issues related to its credit administration. Its holding company, Indiana Bank Corp., has filed for Chapter 11 bankruptcy.
Federal regulators note that First Farmers' management team proved its ability to manage acquisitions with problem assets when it