Knowledge (XXG)

Merchants National Corporation

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from Indianapolis would gobble them up. But the first acquisition announced after cross-county banking was signed into law last week had a twist - Columbus, Ind., bank concern, Irwin Union Corp., on Friday bought one in Indianapolis, Midwest National Corp. The new law prohibits a holding company from controlling more than 10 percent of the state's deposits on July 1. That figure rises to 11 percent on July 1. 1986, and 12 percent on July 1, 1987. The new law also will enable banks to establish branches in neighboring counties. But that section restricts banks of more than $ 400 million in assets to setting up two branches in the next five years. Smaller banks have an easier time. Those under $ 200 million can establish one branch each fiscal year through June 30. 1990. The net effect officials say. is that buying other banks will be the primary method to expand. Despite provisions for limited interstate banking, there are doubts whether Indiana banks will buy banks across state lines and vice versa. Under the new bank law, banks in neighboring states can acquire Hoosier holding companies so long as Indiana banks are able to take over banks in those states. That's known as reciprocity. Currently, only Kentucky has such a law.
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The Merchants-Mid State merger should not cause many changes at the smaller bank, according to bank officials. Alliance Bancorp is controlled by the Frenzel and Griffith families, both of which are significant shareholders of Merchants. The chairman of Merchants is Otto N. Frenzel III... Mid State has seven offices in Hendricks County Avon Clayton, Coatsville, Danville and Plainfield. It has assets of $ 90 million and deposits in excess of $ 80 million. This is the Merchants' sixth acquisition since the state's banking laws were liberalized. In the six months before the announcement, Merchants has also taken steps to absorb Farmers National Corp., Shelbyville; Central National Bank, Greencastle; Hancock Bank & Trust, Greenfield; Union State Bank Carmel; and the Anderson Banking Company. The acquisitions listed above will add $ 757 million to Merchants, the state's third-largest.
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for the rest of Hancock. The transaction for the remaining 83 percent of the Greenfield bank company is valued at $ 7.3 million. Merchants previously did not disclose how much the July stock purchases cost and no such estimate was available Thursday. Hancock Bank & Trust is me second largest Hancock County bank, with assets of about $ 70 coupon convertible debentures... The announcement marked the third Merchants acquisition since the Indiana General Assembly legalized cross-county banking this year. Farmers National Corp. of Shelbyville and Central National Bank of Greencastle have agreed to become parts of the Indianapolis holding company.
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Greenwood. The other two were in Greencastle and Anderson... Under terms of the acquisition agreement announced Tuesday, Mid-Southern Indiana holders will exchange their shares Merchants National Corp. on Tuesday made its first move outside central Indiana. The Indianapolis holding company announced an agreement to acquire Mid-Southern Indiana Bancorp, owner of Seymour National Bank. Seymour National is that city's second-largest bank with about $ 63 million in assets. If completed, it would be the ninth acquisition by Merchants. As with the other announced deals, Merchants said Citizens National's current name and management will remain.
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announced Friday, is subject to approval by directors of the two companies and regulatory agencies. Under the accord, the Logansport bank would retain its name. Other Merchants acquisitions also have kept their names after they were purchased. "First National is a well-managed bank with a strong position in its market." said James D. Massey, president and chief operating officer of Merchants National Corp. Merchants has 16 subsidiary banks. Its main unit is Merchants National Bank and Trust Co. in Indianapolis.
347:-based Ohio Valley Bancorp with its Madison Bank & Trust Company subsidiary for an undisclosed amount. The acquisition was completed in September 1987. After National City acquired Merchants National, National City did not merge Madison Bank & Trust into National City, but decided the divest the bank 14 years later after determining that this bank did not fit in with the rest of the company. National City eventually sold Madison Bank & Trust to 1183:
since the start of bank deregulation in 1985. The company has two mergers pending. The state's third-largest bank holding company. Merchants has assets of $ 4 billion. It is an Indianapolis corporation, and its leading bank is Merchants National Bank & Trust Co. Merchants also has banks in Greenfield, Greencastle, Greenwood, Shelbyville, Carmel, Anderson, Danville, Seymour, Zionsville and Connersville.
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all outstanding shares of NBG Financial Corporation common stock. Merchants has merger agreements pending with: Hancock Bancshares Corporation of Greenfield, the parent corporation of Hancock Bank & Trust, U.S. Bancorp of Carmel, the holding corporation of Union State Bank, Anderson Banking Co., and Alliance Bancorp, the holding corporation of Mid State Bank in Hendricks County.
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Bank and Trust Co. became a wholly owned subsidiary of National City with National City's acquisition of Merchants National Corp. in 1991. "Since then, they have maintained the Madison identity, operating under a separate charter," James Hughes, National City's executive vice president, retail branch network, said in the Web site posting.
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holding company with Merchants National Bank & Trust as its lead bank and the state's third largest. Merchants announced Feb. 13 the acquisition of NBG Financial Corp., the holding company for the National Bank of Greenwood. NBG is Johnson County's second largest bank with about $ 143 million in total assets and 120 employees.
308:-based Alliance Bancorp with its Mid State Bank of Hendricks County subsidiary for an undisclosed amount. Alliance was the product of the recent merger between Danville State Bank and the First National Bank of Coatesville which had created the Mid State Bank of Hendricks County. The acquisition was completed in November 1986. 1630: 1574: 474:
A formation plan of a one bank holding company was approved by the Merchants National Bank & Trust Co's directors yesterday. The name of the holding company is Merchants National Corp. R. E. Sweeney, chairman of the board, said when the program has been completed, the holding company will own all
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Merchants National Corp. has completed its acquisition of Citizens National Bank of Tipton. Citizens is the second largest bank in Tipton County and was founded in 1898. It has $ 56 million in assets and two offices in the county. With Tuesday's announcement. Merchants completed its 10th acquisition
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Merchants National Corporation last week finalized its merger with NBG Financial Corporation of Greenwood and Mid-Southern Indiana Bancorp of Seymour. NBG Financial Corp. is the holding company for National Bank of Greenwood. Mid-Southern Indiana Bancorp, the holding company for the Seymour National
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Merchants National Corp. said it agreed to acquire NBG Financial Corp., a smaller Indiana bank holding company, for about $ 13.2 million in Merchants common stock... NBG owns the National Bank of Greenwood, which has assets of about $ 151 million. Merchants has been acquiring smaller Indiana banking
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Merchants National Corp. said Thursday it reached an agreement to buy Hancock Bancshares of Greenfield. In July, Merchants purchased a 17 percent stake in Hancock. owner of Hancock Bank & Trust Co. Under the Thursday agreement. Merchants will pay me equivalent of $ 97 per share in cash and stock
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In October 1991, National City Corp. announced that it was acquiring Merchants National Corporation with its lead bank Merchants National Bank and Trust Company of Indianapolis for $ 604 million in stock. The acquisition was completed in May 1992. Approximately 600 positions, mainly in Indianapolis,
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Merchants National Corporation (NASDAQ MCHN) Tuesday completed its merger with First National Bankshares Inc. of Logansport and its subsidiaries, The First National Bank of Logansport and the First National Bank of Indiana... The First National Bank of Logansport was chartered as a national banking
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Elston Corp. of Crawfordsville would become part of the Merchants National Corp. of Indianapolis under terms of a merger that has been approved in principle, the bank holding companies said Tuesday. The Elston deal would mark the 13th merger for Merchants, the holding company for Merchants National
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Employees of Madison Bank and Trust Co. were informed this morning that National City will sell their bank to MainSource Financial Group. Madison Bank and Trust didn't fit into National City's "branding," a National City executive said in the transaction announcement issued by MainSource... Madison
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The holding corporation for the National Bank of Greenwood, Johnson County's second largest bank, has reached a merger agreement with Merchants National Corporation, the parent corporation of Merchants National Bank... The agreement calls for a stock-for-stock exchange of Merchants common stock for
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Merchants National Corp. announced today it will acquire Mid State Bank of Hendricks County. Mid State is only three months old, being the product of an October merger between Danville State Bank and the First National Bank of Coatesville. Mid State is now the principal holding of Alliance Bancorp.
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Until July 1, 1985, the state of Indiana did not permit bank branching across county lines nor bank ownership outside the bank holding company's home county. After that date, Indiana allowed very limited branching but allowed the purchased of banks by holding companies anywhere in the state as long
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Merger of Merchants National Corp. with Ohio Valley Bankcorp, holding company for Madison Bank & Trust Co., has been completed, Merchants officials said. Madison Bank & Trust, established in 1833, is the oldest chartered bank in the state and the largest in Jefferson County, with assets of
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erchants National Corp. said it agreed in principle to acquire Ohio Valley Bancorp. of Madison, Ind., in a stock transaction with an indicated value of about $ 28 million... Ohio Valley, a holding company for Madison Bank & Trust Co., has total assets of about $ 150 million. Upon completion of
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Merchants National Corp. has completed its mergers with US Bancorp of Carmel, Farmers State Corp. of Zionsvllle and Alliance Bancorp of Danville. US Bancorp is the holding company for Union State Bank of Carmel. Farmers State Corp is the holding company for Mid State Bank. And Alliance Bancorp. is
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It's official: National City Corp. of Cleveland on Saturday completed its acquisition of Merchants National Corp.. which had been the second-largest bank holding company based in Indiana. National City is now the parent of Merchants National Bank in Indianapolis and several of Its affiliate banks
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Merchants National Corp. has announced the proposed merger with the holding company for First National Bank of East Chicago, marking the Indianapolis financial giant's first step into northern Indiana. The agreement to merge with the Riley Corp. calls for an exchange of Merchants common stock and
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Merchants National Corp. and Farmers National Corp. of Shelbyville announced plans to merge Monday. The deal would leave Shelbyville. without a locally owned bank. But officials of both banks said the merger would be advantageous to the Shelby County community. Farmers National Bank is the wholly
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The pressure has been building for cross county banking for 17 years. On July 1, a new bank law takes effect, and the lid comes off. And with it comes the job of figuring where everything could land. Already there have been surprises. Small banks generally opposed statewide banking, fearing banks
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Merchants National Corp. said it agreed to amend the terms of its acquisition of Elston Corp. because of recent stock-market volatility. Under terms of the preliminary agreement, Merchants National said it will pay $ 185 for each of closely held Elston's 118,928 shares outstanding, or a total of
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The Seymour acquisition is the farthest from Indianapolis for Merchants. The company previously announced seven such deals since last year's bank law was drafted. Five were counties adjoining Marion County; the most recent occurred last month when Merchants said it would buy the National Bank of
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Merchants National Corp. will absorb Fayette Bancorp, holding company for Fayette Bank and Trust Co. in Connersville, Merchants announced last week. Fayette Bank and Trust has total assets of about $ 77 million. It is the largest bank in Fayette County. Merchants National Corp. is a multi-bank
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Merchants National Corp. said Wednesday it will acquire Farmers State Corp. in Zionsville. The purchase would be the third of a Frenzel-controlled metro area banking institution by Merchants. Otto N. Frenzel III is chairman and chief executive of Merchants. Under the agreement. Farmers State's
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Two Frenzel-family controlled financial institutions agreed Tuesday to consolidate when Merchants National Corp. said it would acquire Union State Bank in Carmel. The development means that all three Carmel banks will be subsidiaries of the "Big Three" Indianapolis holding companies. Tuesday's
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Merchants National Corp. has agreed to acquire First National Bankshares Inc. of Logansport. First National's main unit is the First National Bank of Logansport, which has $ 204 million in assets. The Indianapolis-based bank holding company agreed to pay about $ 22.9 million... The agreement,
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Merchants National Corp. and Central National Bank of Greencastle announced on Monday plans to merge. Their agreement calls for an exchange of stock and cash totaling $ 9.5 million... This is the second merger agreement by Merchants National Corp.; the first was with Farmers National Corp. of
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Merchants National Corp. has finalized its merger with Elston Corp., the holding company for Elston Bank & Trust Co., Crawfordsville. Elston Bank, the largest bank in Montgomery County, has total assets of about $ 135 million. It has six banking locations in Crawfordsville, Waveland and
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First National Bank of East Chicago has agreed to become part of Merchants National Corp. of Indianapolis... The companies actually said they agreed in principle to merge Merchants National Corp., already holding company for 16 Indiana banks, and the Riley Corp., owner of the East Chicago
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Merchants National Corp. said it agreed to acquire closely held Elston Corp., Crawfordsville, Ind., in a stock swap valued at about $ 24 million... Elston owns Elston Bank & Trust Co., which had assets of $ 143 million at Dec. 31. Merchants had assets of $ 3.9 billion at year
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Merchants National Corp. and BSB Bancorp, holding company for Batesville State Bank, announced an agreement in principle on Monday to merge. In an all-cash transaction. Merchants will pay $ 262 for each outstanding share of BSB Bancorp common stock for a total price of $ 12
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approximately $ 153 million, officials said Monday. Merchants National, an Indiana multibank holding company, has announced 14 merger agreements, 12 of which have been completed. When all 14 have been completed, the corporation's assets would total about $ 4.2 billion.
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about $ 22 million. Last March, Merchants National agreed to acquire Crawfordsville, Ind.-based Elston, also a bank-holding company, through a stock swap valued then at about $ 24 million. Merchants National said it expects the acquisition to be completed in January.
333:-based and Frenzel family-controlled Farmers State Corporation with its Mid State Bank subsidiary, both for undisclosed amounts. The acquisition in Zionsville was completed in November 1986 while the acquisition in Tipton was completed in December 1986. 835:
announcement was not unexpected because of the Frenzel ownership of Merchants and Union State. Otto N. Frenzel III, Merchants chairman and chief executive, has been chairman of Union State Carmel's largest bank with $ 145 million in assets since 1965.
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Shelbyville on June 3. Merchants has plans to merge with other central Indiana banks and filed an application with the Federal Reserve Bank last week to acquire 17.5 percent of Hancock Bancshares, the parent company of Hancock Bank and Trust.
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the holding company for Mid State Bank of Hendricks County. Merchants National Corp. has announced 11 mergers, six of which have been completed when all mergers are completed, Merchants says its assets will total approximately $ 4 billion.
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statewide. The banks will take on their new owner's name. The combined companies have assets of $ 30 billion and 575 offices in Ohio. Indiana and Kentucky. About 600 positions at Merchants may be eliminated as the result of consolidation.
287:-based Hancock Bancshares with its Hancock Bank & Trust Company subsidiary for $ 9.5 million in stock for the remaining 83% it did not owned after having purchased 17% of the firm in July. The acquisition was completed in April 1986. 322:-based Mid-Southern Indiana Bancorp with its Seymour National Bank subsidiary for an undisclosed amount. The acquisition was completed in December 1986. This was Merchants first move outside the immediate area surrounding Marion County. 1275:
Merchants National Corp.'s board of directors today finalized its merger with Fayette Bancorp, holding company for Fayette Bank & Trust Co. of Connersville. Ind. Fayette Bank & Trust Is the largest bank in Fayette
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Bank, is the second largest bank in Jackson County. Seymour National Bank has three branches. Merchants is in the process of 12 mergers, which when completed will give the corporation assets totaling about $ 4 billion.
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In other banking news Friday, Merchants National Corp. completed its acquisition of Hancock Bank and Trust of Greenfield. Merchants plans no changes in the name, board of directors, management or employees of
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A top official of Greenfield Banking Co. said American Fletcher plans to buy Franklin bank Thursday that few were surprised that Merchants National Corp. was buying a stake in a competing Greenfield bank.
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Merchants National Bank & Trust Co. said it had completed formation of a one-bank holding company, Merchants National Corp. Shareholders approved the reorganization at a special meeting in October.
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Bank.... Elston, which has assets of $ 143 million, is the holding company for Elston Bank and Trust Co., Montgomery County's largest bank with six offices in Crawfordsville, Waveland and Waynetown.
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To allow it to acquire other banks and other financial related businesses, Merchants National Bank & Trust Company formed a holding company named Merchants National Corporation in January 1972.
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Merchants National Corp., a bank holding company, said it agreed to buy Fayette Bancorp in a stock swap. Terms weren't disclosed. Fayette is a bank holding company for Fayette Bank & Trust Co.
379:-based First National Bankshares with its First National Bank of Logansport and the First National Bank of Indiana subsidiaries for $ 22.9 million. The acquisition was completed in October 1989. 241:, was one of the three largest banks in Indianapolis and its holding company, Merchants National Corporation, was one of the three largest bank holding companies in the state, along with 1642:
Merchants National Corp. of Indianapolis completed its merger with Riley Co. Inc. of East Chicago on Nov. 28. Riley Co. was the holding company for First National Bank of East Chicago.
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MNC made its first expansion move outside of Marion County by announcing in June 1985, one month before the new cross-county bank laws went into effect, the pending acquisition of the
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It's getting harder to tell the difference between banks in Hamilton County and Indianapolis. Two county banks have agreed to be acquired by members of the Indianapolis "Big Three."
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Merchants National Corp. said Wednesday it has agreed to acquire the Citizens National Bank of Tipton. The bank, second-largest in the community, has assets of about $ 52 million.
280:-based Putnam National Corporation with its Central National Bank of Greencastle subsidiary for $ $ 7.3 million in stock and cash. The acquisition was completed in February 1986. 1379: 1769:
National City Corp completed its $ 604 million acquisition of Merchants National Corp through a stock transaction. The merger gives National City assets of about $ 30 billion.
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of the shares of Merchants National Bank except for directors' qualifying shares, and the present shareholders of the bank will own the shares of the holding company.
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as total deposits that were controlled by any holding company did not exceed a ceiling which was initially set at 11 percent of all deposits held in Indiana banks.
372:-based Riley Corporation with its First National Bank of East Chicago subsidiary for an undisclosed amount. The acquisition was completed in November 1988. 2147: 294:-based US Bancorp with its Union State Bank subsidiary that was already controlled by the Frenzel family. The acquisition was completed in November 1986. 1821: 315:-based NBG Financial Corporation with its Farmers National Bank subsidiary for $ 13.2 million in stock. The acquisition was completed in December 1986. 273:-based Farmers National Corporation with its Farmers National Bank subsidiary for an undisclosed amount. The acquisition was completed in January 1986. 504:
Merchants National Bank & Trust Co. yesterday became a wholly owned subsidiary of the Merchants National Corp. in a corporate reorganization.
222:-based statewide bank holding company that was one of the largest Indiana-based financial institutions at the time it was acquired by Ohio-based 358:-based Elston Corporation with its Elston Bank & Trust Company subsidiary for $ 24 million. The acquisition was completed in February 1988. 340:-based Fayette Bancorp with its Fayette Bank and Trust Company subsidiary for an undisclosed amount. The acquisition was completed in May 1987. 1814: 1702:
association in 1931. The First National Bank of Logansport has six banking locations in Cass County and one in, Monticello in White County.
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Merchants National Corp. has completed its merger with Farmers National Corp., the Shelbyville holding company of Farmers National Bank.
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Merchants National Corp. said it agreed to acquire Anderson Banking Co., Anderson, Ind., in a stock swap. Terms weren't disclosed.
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National City Corp agreed to buy Merchants National Corp in a stock swap valued at about $ 604 million.
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Merchants National Corp. has completed its acquisition of the Central National Bank of Greencastle.
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Merchants National Corp. said it completed its acquisition of Anderson Banking Co., Anderson, Ind.
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Waynetown. Merchant's total assets, with the addition of the Elston, are about $ 4.3 billion.
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were eliminated as a direct result of the consolidation of mostly headquarters functions.
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From the mid-1950s through the late 1980s, Merchants National Bank and Trust, along with
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this and other acquisitions, Merchants National's assets will exceed $ 4 billion.
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concerns since a change in state banking laws last year allowed such purchases.
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In January 1986, MNC announced the pending acquisition of the three month old
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In April 1986, MNC announced two unrelated pending acquisitions of the
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approximately 36,000 shares will be exchanged for Merchants stock.
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In September 1985, MNC announced the pending acquisition of the
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In December 1986, MNC announced the pending acquisition of the
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In February 1986, MNC announced the pending acquisition of the
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In December 1985, MNC announced the pending acquisition of the
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In November 1985, MNC announced the pending acquisition of the
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as Merchants National Bank & Trust Company in Indianapolis
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In August 1986, MNC announced the pending acquisition of the
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Merchants National Bank headquarters in Indianapolis in 1988.
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In April 1989, MNC announced the pending acquisition of the
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In April 1988, MNC announced the pending acquisition of the
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In March 1987, MNC announced the pending acquisition of the
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In March 1986, MNC announced the pending acquisition of the
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In July 1988, MNC announced the pending acquisition of the
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In July 1985, MNC announced the pending acquisition of the
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in 1992. Its primary subsidiary was the Indianapolis-based
365:-based Batesville State Bank for an undisclosed amount. 552:"New cross-county banking law to bring flurry of deals" 884:"Merchants National Agrees To Acquire Bank in Indiana" 580:
Barnhizer Rivas, Susan & Lewis, David P. (1986).
1717:"National City Corp. to Buy Merchants National Corp" 1290:"Merchants National Agrees To Buy Indiana Bank Firm" 2104: 1991: 1918: 1897: 1867: 1449:"Merchants National to Buy Company in Stock Swap". 189: 177: 167: 155: 144: 136: 125: 107: 75: 67: 52: 44: 32: 1781: 1748: 1715: 1684: 1654: 1629: 1599: 1573: 1542: 1512: 1478: 1419: 1353: 1322: 1299:(Eastern ed.). December 15, 1986. p. 1. 1288: 1258: 1228: 1195: 1165: 1135: 1106: 1076: 1046: 1013: 989:(Eastern ed.). February 18, 1986. p. 1. 980:"Merchants National Corp. Agrees to Buy Bank Firm" 978: 948: 926:(Eastern ed.). December 22, 1986. p. 1. 915: 882: 852: 817: 786: 757: 726: 697: 667: 638: 608: 550: 516: 487: 457: 430:"Hamilton County banking suddenly is "Big 3" game" 428: 18:Merchants National Bank & Trust (Indianapolis) 1686:"1st National Bank Merger Finalized At Merchants" 1489:(Eastern ed.). November 6, 1987. p. 1. 1137:"Farmers State Corp. sale to Merchants announced" 1048:"Merchants closes deals with 2 holding companies" 893:(Eastern ed.). December 9, 1985. p. 1. 1206:(Eastern ed.). August 21, 1986. p. 1. 329:-based Citizens National Bank of Tipton and the 1455:(Eastern ed.). March 11, 1987. p. 1. 1041: 1039: 847: 845: 843: 402: 400: 1822: 950:"Merchants to acquire Mid State in Hendricks" 737:. September 13, 1985. p. 39 – via 439:. September 12, 1985. p. 43 – via 8: 1523:. February 14, 1988. p. 27 – via 1176:. December 31, 1986. p. 38 – via 1057:. December 28, 1986. p. 36 – via 863:. November 29, 1986. p. 19 – via 27: 1695:. October 25, 1989. p. 22 – via 1333:. September 1, 1987. p. 5 – via 959:. January 10, 1986. p. 12 – via 728:"Merchants announces Hancock bank purchase" 708:. February 5, 1986. p. 23 – via 649:. January 25, 1986. p. 19 – via 198:Merchants National Bank & Trust Company 40:Merchants National Bank & Trust Company 1829: 1815: 1807: 626:owned subsidiary of Farmers National Corp. 498:. January 4, 1972. p. 19 – via 468:. August 18, 1971. p. 73 – via 26: 1665:. April 15, 1989. p. 28 – via 1553:. April 19, 1988. p. 24 – via 1239:. August 25, 1986. p. 6 – via 1146:. April 24, 1986. p. 34 – via 1117:. April 17, 1986. p. 38 – via 1087:. March 12, 1986. p. 29 – via 797:. April 19, 1986. p. 29 – via 249:(later named INB Financial Corporation). 228:Merchants National Bank and Trust Company 1430:. March 11, 1987. p. 4 – via 678:. July 30, 1985. p. 21 – via 409:"2 Midwest Banks Announce Plan to Merge" 2153:Defunct companies based in Indianapolis 1610:. July 14, 1988. p. 8 – via 1269:. May 20, 1987. p. 10 – via 1078:"Merchants to acquire Seymour National" 396: 1792:. May 6, 1992. p. 38 – via 1631:"Merchants, 1st National Merger Final" 1514:"Merchants National finalizes merger" 759:"Merchants' Hancock move no surprise" 7: 1575:"East Chicago Bank Agrees to Merger" 819:"Merchants, Carmel banks will merge" 1352:Vlerebome, Peggy (March 10, 2005). 459:"Merchants Bank Plans Holding Firm" 407:Quint, Michael (October 31, 1991). 351:in 2005 for an undisclosed amount. 2148:Defunct banks of the United States 1714:Swasy, Alecia (October 31, 1991). 1421:"Merchants National, Elston Merge" 816:Koenig, Bill (November 27, 1985). 669:"State banks announce merger plan" 607:Wildey, Morris D. (June 4, 1985). 261:Expansion outside of Marion County 25: 1572:Allen, David C. (July 14, 1988). 1408:(Press release). August 29, 2005. 1108:"Merchants to buy bank in Tipton" 1015:"Merchants agrees to acquire NBG" 1012:Mengle, Bev (February 13, 1986). 518:"Merchants National Holding Firm" 103:as Merchants National Corporation 2031:PNC Bank Building (Toledo, Ohio) 2026:PNC Bank Building (Philadelphia) 1888: 1640:. December 2, 1988. p. B8. 1601:"Proposed bank merger announced" 1480:"Merchants National Acquisition" 1388:(Press release). March 10, 2005. 917:"Merchants National Acquisition" 788:"American Fletcher to buy bank" 549:Koenig, Bill (April 21, 1985). 527:. January 7, 1972. p. 24. 235:American Fletcher National Bank 1982:Central Florida locations only 1197:"Merchants to Acquire Fayette" 216:Merchants National Corporation 28:Merchants National Corporation 1: 2122:Troubled Asset Relief Program 1324:"Banking merger is completed" 756:Koenk, Bill (July 19, 1985). 489:"Bank Holding Firm Effective" 243:American Fletcher Corporation 230:, which was founded in 1865. 2061:PNC Center (Fort Lauderdale) 1838:PNC Financial Services Group 1783:"It's not Merchants anymore" 247:Indiana National Corporation 81:; 159 years ago 2071:PNC Center (Troy, Michigan) 1759:. May 5, 1992. p. B4. 1617:cash for Riley Corp. stock. 1230:"Merchants to acquire bank" 2169: 383:National City Bank Indiana 349:MainSource Financial Group 140:National City Bank Indiana 2066:PNC Center (Indianapolis) 1886: 1880:Harris Williams & Co. 1844: 1692:Logansport Pharos-Tribune 1427:Logansport Pharos-Tribune 1167:"Tipton merger completed" 828:. p. 21 – via 768:. p. 41 – via 592:(1): 115–137 – via 561:. p. 34 – via 224:National City Corporation 185:$ 5.7 billion (1992) 131:National City Corporation 1963:Pittsburgh National Bank 1024:. p. 1 – via 619:. p. 1 – via 151:, Indiana, United States 2051:PNC Center (Cincinnati) 1656:"Merchants to buy bank" 1260:"Bank merger finalized" 63:: MCHN (1972–1992) 2143:Banks based in Indiana 2056:PNC Center (Cleveland) 1931:The Bank of Washington 1236:Franklin Daily Journal 1021:Franklin Daily Journal 212: 113:; 32 years ago 94:; 52 years ago 2011:One Tampa City Center 1910:Christmas Price Index 436:The Indianapolis Star 239:Indiana National Bank 210: 2112:National Banking Act 2081:PNC Bank Arts Center 1750:"National City Corp" 92:January 3, 1972 2041:PNC Plaza (Raleigh) 1951:National City Corp. 1756:Wall Street Journal 1723:Wall Street Journal 1486:Wall Street Journal 1452:Wall Street Journal 1296:Wall Street Journal 1203:Wall Street Journal 986:Wall Street Journal 923:Wall Street Journal 890:Wall Street Journal 524:Wall Street Journal 29: 2091:PNC Music Pavilion 2001:Tower at PNC Plaza 1946:Merchants National 854:"Mergers Complete" 586:Indiana Law Review 213: 172:Financial services 2130: 2129: 1983: 1919:Predecessor banks 1789:Indianapolis News 1662:Indianapolis Star 1550:Indianapolis Star 1266:Indianapolis News 1173:Indianapolis News 1143:Indianapolis Star 1114:Indianapolis Star 1084:Indianapolis Star 1054:Columbus Republic 956:Indianapolis News 860:Indianapolis Star 825:Indianapolis Star 794:Indianapolis Star 765:Indianapolis Star 734:Indianapolis Star 705:Indianapolis News 675:Indianapolis Star 646:Indianapolis News 616:Indianapolis Star 558:Indianapolis Star 495:Indianapolis News 465:Indianapolis News 205: 204: 16:(Redirected from 2160: 2105:Related articles 1981: 1926:Alabama National 1892: 1831: 1824: 1817: 1808: 1802: 1801: 1785: 1778: 1772: 1771: 1752: 1745: 1739: 1738: 1719: 1711: 1705: 1704: 1688: 1681: 1675: 1674: 1658: 1651: 1645: 1644: 1633: 1626: 1620: 1619: 1603: 1596: 1590: 1589: 1577: 1569: 1563: 1562: 1546: 1539: 1533: 1532: 1516: 1509: 1503: 1502: 1482: 1475: 1469: 1468: 1446: 1440: 1439: 1423: 1416: 1410: 1409: 1396: 1390: 1389: 1376: 1370: 1369: 1357: 1349: 1343: 1342: 1326: 1319: 1313: 1312: 1292: 1285: 1279: 1278: 1262: 1255: 1249: 1248: 1232: 1225: 1219: 1218: 1199: 1192: 1186: 1185: 1169: 1162: 1156: 1155: 1139: 1132: 1126: 1125: 1110: 1103: 1097: 1096: 1080: 1073: 1067: 1066: 1050: 1043: 1034: 1033: 1017: 1009: 1003: 1002: 982: 975: 969: 968: 952: 945: 939: 938: 919: 912: 906: 905: 886: 879: 873: 872: 856: 849: 838: 837: 821: 813: 807: 806: 790: 783: 777: 776: 761: 753: 747: 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293: 288: 286: 281: 279: 274: 272: 267: 260: 258: 252: 250: 248: 244: 240: 236: 231: 229: 225: 221: 218:(MNC) was an 217: 209: 197: 196: 194: 192: 188: 184: 181: 176: 173: 170: 166: 163: 160: 154: 150: 147: 143: 139: 135: 132: 128: 124: 110: 106: 78: 74: 70: 66: 62: 59: 56: 51: 47: 43: 39: 36: 31: 19: 1978:BankAtlantic 1973:RBC Bank USA 1954: 1945: 1941:Integra Bank 1868:Subsidiaries 1858:Pennsylvania 1852: 1797: 1787: 1776: 1768: 1754: 1743: 1735: 1721: 1709: 1700: 1690: 1679: 1670: 1660: 1649: 1641: 1637:Post-Tribune 1635: 1624: 1615: 1605: 1594: 1585: 1581:Post-Tribune 1579: 1567: 1558: 1548: 1537: 1528: 1518: 1507: 1498: 1484: 1473: 1464: 1450: 1444: 1435: 1425: 1414: 1403: 1394: 1383: 1374: 1365: 1359: 1347: 1338: 1328: 1317: 1308: 1294: 1283: 1274: 1264: 1253: 1244: 1234: 1223: 1215: 1201: 1190: 1181: 1171: 1160: 1151: 1141: 1130: 1122: 1112: 1101: 1092: 1082: 1071: 1062: 1052: 1029: 1019: 1007: 998: 984: 973: 964: 954: 943: 935: 921: 910: 902: 888: 877: 868: 858: 833: 823: 811: 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1936:BBVA USA 1898:Services 1875:PNC Bank 1761:ProQuest 1728:ProQuest 1560:million. 1491:ProQuest 1457:ProQuest 1301:ProQuest 1208:ProQuest 991:ProQuest 928:ProQuest 895:ProQuest 804:Hancock. 529:ProQuest 306:Danville 299:Anderson 168:Products 68:Industry 1956:details 1276:County. 345:Madison 320:Seymour 253:History 162:Indiana 116: ( 108:Defunct 97: ( 86:1865-03 84: ( 76:Founded 71:Banking 1763:  1730:  1493:  1459:  1303:  1210:  993:  930:  897:  531:  327:Tipton 292:Carmel 61:Nasdaq 48:Public 1587:bank. 594:IUPUI 1466:end. 245:and 237:and 126:Fate 2139:: 1856:, 1796:. 1786:. 1767:. 1753:. 1734:. 1720:. 1699:. 1689:. 1669:. 1659:. 1634:. 1614:. 1604:. 1578:. 1557:. 1547:. 1527:. 1517:. 1497:. 1483:. 1463:. 1434:. 1424:. 1402:. 1382:. 1364:. 1358:. 1337:. 1327:. 1307:. 1293:. 1273:. 1263:. 1243:. 1233:. 1214:. 1200:. 1180:. 1170:. 1150:. 1140:. 1121:. 1111:. 1091:. 1081:. 1061:. 1051:. 1038:^ 1028:. 1018:. 997:. 983:. 963:. 953:. 934:. 920:. 901:. 887:. 867:. 857:. 842:^ 832:. 822:. 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Index

Merchants National Bank & Trust (Indianapolis)
Trade name
Traded as
Nasdaq
National City Corporation
Indianapolis
Indiana
Financial services
Total assets
Subsidiaries

Indianapolis
National City Corporation
American Fletcher National Bank
Indiana National Bank
American Fletcher Corporation
Indiana National Corporation
Shelbyville
Greencastle
Greenfield
Carmel
Anderson
Danville
Greenwood
Seymour
Tipton
Zionsville
Connersville
Madison
MainSource Financial Group

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