Huntington National Bank’s assets fell because partnership ended

Last week’s front-page story “Shuffling the deck” pointed out the significant gains midsize banks have
made in the Indianapolis market over the last year. The one glaring exception was Columbus, Ohio-based Huntington National
Bank, which had lost $56.3 million in local deposits as of June 30, according to the FDIC. A closer look explains

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First Indiana deals stemmed from broader probe

The insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader
inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director
of the bank.

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Locals settle First Indiana insider-trading case

The Securities and Exchange Commission said today that it has settled insider-trading charges against three local residents
who bought shares in First Indiana Corp. immediately before the July 9, 2007, announcement that it was being acquired by a
Milwaukee bank for a 42-percent premium.

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Banks building new branches despite online age

Bank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?

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Lender claims M&I Plaza when it fails to sell at auction

A Maryland company has taken ownership of downtown’s 28-story M&I Plaza just three months before a major tenant departure
leaves the skyscraper 70-percent vacant. The new owner is CapitalSource Inc., a commercial finance and investment firm based
in Chevy Chase, Md. It had been a lender to the former owner, which defaulted.

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First Indiana sells bank

Indiana’s largest locally based bank, First Indiana Corp., decided to end 92 years of independence in 2007, agreeing in July
to sell itself to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash, or $32 a share.

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First Indiana Bank’s sale timing paid off

First Indiana Corp.’s announcement that it would be sold to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash
came just 17 days after sale discussions began. Banking observers have speculated for weeks that First Indiana acted fast
to cut a deal before it would have to report second-quarter results.

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