Friday, March 5, 2010

Integra Bank and First Security Bank Announce Agreement for Purchase of Branches and Loans from Integra

EVANSVILLE, Ind. and OWENSBORO, Ky., March 3, 2010 (GLOBE NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK) and First Security Inc. announced today that First Security Bank of Owensboro, Inc. ("First Security"), the wholly-owned subsidiary of First Security Inc., has agreed to purchase eight banking offices of Integra's wholly-owned bank subsidiary, Integra Bank N.A. ("Integra Bank"). The banking offices include five located in Bowling Green and Franklin, Kentucky and single offices located in Paoli, Mitchell and Bedford, Indiana. In addition, First Security has agreed to acquire a pool of indirect consumer, commercial, and commercial real estate loans from Integra. Read Article Here