VIEWS: 7 PAGES: 2 CATEGORY: Business & Economics POSTED ON: 5/25/2010
Indiana's Listed Bank Group (LBG) climbed a median 5.7 percent in March and was up a median 1.3 percent year-to-date. Within the group, however, results varied widely, from a year-to-date gain of 30.7 percent to a loss of 27.8 percent. Indiana's Listed Thrift Group (LTG) did not fare as well as the other indicators tracked in this column in March, falling a median 4.4 percent. Year-to-date, the LTG was off a median 3.6 percent. Two M&A deal involving Indiana banks or thrifts were announced in March, and none were completed. Capital Bancorp Ltd. of Lansing, Mich., agreed to acquire Forethought FSB of Batesville. And First Financial Service Corp. of Elizabethtown, Ky., agreed to purchase FSB Bancshares Inc. of Lanesville.
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