PROXY CORNER: Ameriana Bancorp

Keywords Proxy Corner

Ameriana Bancorp (, 2118 Bundy Ave., New Castle 47362, operates 14 banking offices in north-central and central Indiana. In the first half of 2015, Ameriana earned $690,000, or 23 cents per diluted share. That compares with earnings of $1.3 million, or 45 cents per diluted share, in the same period a year earlier. Ameriana shares trade on Nasdaq under the ticker ASBI. On June 29, Ameriana announced plans to be acquired by Muncie-based First Merchants Corp. for about $69 million. Information for Proxy Corner was taken from the company’s proxy statement dated April 17, 2015, and from Yahoo Finance. View full Proxy Corner feature.

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