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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 7, 2007
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BLUE RIVER BANCSHARES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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Indiana 0-24501 35-2016637
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
29 East Washington Street
Shelbyville, Indiana 46176
(Address of Principal Executive Offices, including Zip Code)
(317) 398-9721
(Registrant's Telephone Number, Including Area Code)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
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ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
(e) On March 6, 2007, the Compensation Committee (the "Compensation Committee")
of the Board of Directors of Blue River Bancshares, Inc. approved a base salary
increase effective for 2007 for each of the listed executive officers as set
forth in the table below:
<Table>
<Caption>
Increase in New Base
Name Title Salary Salary
- ------------------- ----------------------------- ----------- --------
Randy J. Collier Executive Vice President $8,000 $171,000
Patrice M. Lima Vice President and Controller $2,000 $86,500
</Table>
The Compensation Committee also approved the following cash bonuses accrued
in 2006 with respect to fiscal 2006 performance as follows:
<Table>
<Caption>
Name Title Bonus
- ------------------- ----------------------------- -----------
Russell Breeden, III Chairman, Chief Executive
Officer and President $10,000
Randy J. Collier Executive Vice President $75,000
Patrice M. Lima Vice President and Controller $16,500
</Table>
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: March 8, 2007
BLUE RIVER BANCSHARES, INC.
By: /s/ Patrice M. Lima
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Patrice M. Lima
Vice President and Controller
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