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First Indiana boots external auditor KPMG

June 6, 2007
First Indiana Corp., the parent of First Indiana Bank, has fired KPMG LLP as its external auditor and hired BKD LLP, the bank said today.

There was no disagreement with KPMG that would have resulted in a reference in financial statements for either 2005 or 2006, the bank said in a statement.

Spokeswoman Beth Copeland wouldn't discuss details, but said the decision was based on what was best for business. "It wasn't precipitated from any kind of problem," Copeland said.

First Indiana has 529 local employees, making it the Indianapolis area's fifth-largest bank, according to IBJ 's 2007 Book of Lists.
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