SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported)
February 19, 1999
INDIANA UNITED BANCORP
(Exact Name of Registrant as Specified in its Charter)
INDIANA
(State or Other Jurisdiction of Incorporation)
0-12422 35-1562245
(Commission File Number) (IRS Employee Identification No.)
201 N. BROADWAY, GREENSBURG, INDIANA 47240
(Address of principal executive offices) (Zip Code)
(812) 663-0157
Registrant's telephone number, including area code:
ITEM 5. OTHER EVENTS.
On February 19, 1999, Indiana United Bancorp (the "Company"), through
its Peoples Trust Company banking subsidiary, acquired four branch banking
offices from Bank One, Indiana NA in a purchase and assumption transaction
involving the assumption of deposit liabilities of approximately $105 million
and the acquisition of loans of approximately $2 million. Two of the banking
offices acquired are located in New Castle, Indiana. The other banking offices
acquired are in Cambridge City and Knightstown, Indiana. Reference is made to
the News Release filed as Exhibit 99.1 to this filing for further information
about this transaction. Such exhibit is incorporated into this filing by
reference.
Also on February 19, 1999, the Company obtained a credit facility from
National City Bank of Indiana consisting of (i) a $8 million 70-month term loan
and a $3 million revolving line of credit that, upon its expiration, will
convert into a 5-year term loan. Reference is made to the Loan Agreement filed
as Exhibit 99.2 to this filing for further information about this credit
facility and the indebtedness of the Company thereunder. Such exhibit is
incorporated into this filing by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
99.1 News Release dated March 1, 1999.
99.2 Loan Agreement dated as of February 19, 1999 between Indiana
United Bancorp, as borrower, and National City Bank of
Indiana, as lender.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on behalf by the undersigned
thereunto duly authorized.
Indiana United Bancorp
By: /s/ James L. Saner, Sr.
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James L. Saner, Sr.,
President and Chief
Operating Officer
Dated: March 1, 1999
INDEX TO EXHIBITS
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EXHIBIT
NO. DESCRIPTION OF DOCUMENT
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99.1 News Release dated March 1, 1999.
99.2 Loan Agreement dated as of February 19, 1999 between Indiana United
Bancorp, as borrower, and National City Bank of Indiana, as lender.