Old National
Sale of storied bank reflects industry's difficult times
February 4, 2012
Greg AndrewsJohn Keach Jr., the third generation of his family to lead Indiana Bank & Trust, looked into the future and wondered how—given
the lackluster economy and increasing costs for everything from employee benefits to regulatory compliance—it would
generate robust earnings growth.
MoreOld National buying Indiana Community for $79M
January 25, 2012
J.K. WallEvansville-based Old National will absorb 20 Indiana Community branches, including three on the southern edge of Indianapolis.
Indiana Community Bank & Trust has nearly $985 million in assets.
MoreWest-side Godby building in foreclosure
November 7, 2011
Scott OlsonA building at 4701 Rockville Road, owned by local businessman Thomas Godby, is the target of a $2 million foreclosure suit
filed by Old National Bank. The building's tenants include Tony Stewart Racing Enterprises and Sara Fisher Racing LLC.
MoreOld National’s profit grows 41 percent
October 31, 2011
The Evansville-based financial services holding company reported third-quarter profit of $16.8 million. Earnings would have
been even better without expenses related to its purchase of Integra Bank.
MoreCost cutting planned by Integra Bank's new owner
August 1, 2011
IBJ Staff and Associated PressOld National Bank President Bob Jones said an undetermined number of jobs will be eliminated, with the bulk of them being
branch managers and other management positions.
MoreLocal banks see small-business lending surging
April 4, 2011
J.K. WallChase and Fifth Third of Indiana saw 57-percent and 56-percent spikes, respectively, in loans to state businesses last year.
They forecast similar growth this year.
MoreOld National-Monroe merger costing 59 jobs
February 17, 2011
IBJ StaffAlmost 60 employees of Old National Bank and Monroe Bank are losing their jobs as the financial institutions combine their
operations.
MoreSale of 118-year-old bank symptom of tough times
December 11, 2010
Greg AndrewsA sale is suddenly more appealing to Monroe Bancorp and other financial institutions that used to be fiercely independent.
MoreForeclosure washes away water park plans in Fishers
November 24, 2010
Scott OlsonDeveloper Puller Group has agreed to relinquish a high-profile property approved for a massive water park and retail project
to lender Fifth Third Bank following a months-long legal battle over an $8.6 million loan.
MoreOld National profit rises
November 1, 2010
The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.
MoreOld National acquiring Monroe Bancorp for $83.5M
October 6, 2010
Scott OlsonMonroe Bancorp subsidiary Monroe Bank is the largest bank headquartered in Bloomington. With nearly $850 million in assets,
it has 15 branches in central and south central Indiana, including locations in Noblesville and Avon.
MoreFormer bank exec receives 22-month sentence
September 9, 2010
Robert E. Tolle pleaded guilty Thursday in federal court of making fraudulent bank entries while serving as a loan officer
at the Indianapolis office of Evansville-based Old National Bank.
MoreBanks still cautious on commercial real estate
August 28, 2010
Scott OlsonSinged by the downturn, banks are winnowing real estate portfolios.
MoreJudge rules Murat Centre can keep new name
August 20, 2010
IBJ StaffA naming-rights lawsuit brought by The Murat Temple Association against California-based event promoter Live Nation and Evansville-based
Old National Bank has been dismissed.
MoreOld National improves second-quarter performance
July 26, 2010
The Evansville-based bank reported a 9-percent increase in second-quarter profit, helped by a continued reduction in non-interest
expenses and growth in commercial loan and business checking account activity.
MoreBanker who wreaked havoc fesses up to felony charge
July 17, 2010
Greg AndrewsOverseeing a portfolio filled with deteriorating loans is downright
excruciating, as lending officers who’ve lived through the carnage of the recession can attest. Rob Tolle apparently
cracked under the pressure.
MoreFormer loan officer charged with falsifying documents
July 6, 2010
Prosecutors say Robert Tolle falsified a construction progress inspection report while at Old National Bank. He faces a maximum
30-year prison sentence and $1 million fine.
MoreOld National improves first-quarter performance
April 26, 2010
IBJ StaffEvansville-based Old National Bancorp on Monday reported a first-quarter profit of $10.1 million, up
84 percent from the prior-year period and a big improvement from the fourth quarter of 2009, when the company posted a loss
of $9.3 million.
MoreAnswer to Murat's naming-rights fight likely to be found in lease
March 30, 2010
Kathleen McLaughlinThe Murat Temple Association, a Shriners affiliate that owns the iconic building, is suing Live Nation and Old National Bank
over a naming-rights deal announced March 16.
MoreShriners sue Live Nation, Old National over Murat renaming
March 29, 2010
Kathleen McLaughlinThe Murat Temple Association is a Shriners affiiate that owns the Murat Centre, which on March 16 was renamed the "Old National
Centre" in a three-year deal between the bank and Live Nation.
MoreOld National cut CEO's pay 10.6 percent last year
March 19, 2010
Peter SchnitzlerThe Evansville-based bank, the largest financial institution headquartered in Indiana, awarded Robert Jones $1.2 million in
total compensation last year, or $146,177 less than in 2008.
MoreOld National name to adorn Murat for three years
March 16, 2010
Kathleen McLaughlinThe century-old Murat Centre will be named the Old National Centre for the next three years. Event promoter Live Nation on
Tuesday put the new name in royal blue lettering above the marquee of the entertainment venue downtown.
MoreOld National Bank puts name on Murat Centre
March 15, 2010
Kathleen McLaughlinThe voice-mail system at the Murat already greets callers with this message: You have reached the Old National Center, a Live
Nation venue.
MoreMagazine ranks Old National Bank among nation's strongest performers
January 23, 2010
IBJ StaffForbes magazine has named Evansville-based Old National Bank the nation’s 18th-best-performing bank.
Bank buys part of property targeted for Fishers water park
December 24, 2009
Scott OlsonA high-profile piece of land in Fishers that is part of a proposed hotel and water park project has been bought by the bank
that foreclosed upon it.
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we love that we were right in our predictions for the outcome of Tony's boondoggle. We aren't negative, we are positive that the league that never has will continue to blow chunks and stink up the place
I was initially excited to learn that this wasn't rubber-stamped, but if all that is required is to add some shrubs and some "window dressing" over the first floor of the garage, then I'd call it a waste of everyone's time. It should be noted that the Hearing Examiner is a DMD employee who reports to the same administrator as the DMD staff planner who recommended approval of the garage and whose report said that the requirement for ground-floor retail had been "satisfied". Better luck with appealing the inevitable approval at the MDC, where the commissioners are appointed by the Mayor, City Council, and County Commissioners, thus, presumably not all obligated to facilitate the administration's plans.
Wheat Thins, when paired with chocolate ice cream!
About the same.
New airport, new Lucas Oil Stadium, expanded convention center, $30,000,000 Pacer gift, Stupid City Way Project, Broad Ripple Parking Garage $ Giveaway, Money blown on lethal bike lanes. The list is endless..
We have complete morons in City Government with grafter buddies sitting in the wings also stealing parking meter revenue. Go to www.adavceindiana.com and read about Chicago Parking Meter Corruption.
It's all theft of taxpayer resources and complete lack of financial stewardship and devoid of integrity.
I would just like for basic city services please.