Old National Bancorp to Acquire Indiana Community Bancorp
Headquartered in Columbus, Ind., Indiana Community Bancorp is the holding company for Indiana Bank and Trust Company
The acquisition includes 17 full service banking centers and nearly $985 million in assets
The transaction is expected to close 2Q of 2012
Old National Bancorp (NYSE:ONB) and Indiana Community Bancorp (Nasdaq:INCB) of Columbus, Ind., jointly announced today the execution of a definitive agreement pursuant to which Old National will acquire Indiana Community Bancorp through a merger.
With nearly $985 million in assets, Indiana Community Bancorp is an Indiana bank holding company with Indiana Bank and Trust Company as its wholly owned subsidiary.
- Published: 25 January 2012
- Written by Editor