MUNSTER – NorthWest Indiana Bancorp, the parent company for Peoples Bank, has announced net income for the third quarter more than doubled from $1.1 million to $2.3 million. The increase was attributed to income from loans and foreclosed real estate sales. Chairman and CEO David Bochnowski said the region’s economy is improving, leading more people …
VALPARAISO – Centier Bank has begun work on a new branch office on Morthland Drive, not far from Indiana 2. It will replace a current office two blocks away. Centier opened that branch in 1994. The new office will have a larger lobby, more offices, more drive-through lanes, safety deposit boxes and a 24-hour ATM. …
LAPORTE – Kevin Beres, senior vice president of LaPorte Savings Bank has received a diploma from the Graduate School Banking at the University of Wisconsin-Madison. The school, sponsored by the 18 state bankers associations comprising the Central States Conference of Bankers Associations, and the University of Wisconsin-Madison, was established in 1945 to provide bankers with …
MICHIGAN CITY – Horizon Bancorp has raised its quarterly dividend to 15 cents a share, up from 13 cents. The dividend will be paid on Oct. 12 to shareholders of record on Sept. 28. Horizon Bancorp operates Michigan City-based Horizon Bank. Its stock is traded on the NASDAQ Global Market.
MERRILLVILLE – The annual meeting of the Regional Development Company will be 4 to 6 p.m. Thursday, Nov. 1, at Gamba Ristorante in Merrillville. At the event, the 2012 bank and lenders of the year will be announced. Reservations are needed by calling (219) 476-0504, Extension 221 or by e-mail at admin@rdc504.org.
INDIANAPOLIS – State Rep. Jeff Espich, R-Uniondale, has been named 2012 Legislator of the Year by the Indiana Bankers Association. Espich was recognized for his 40 years of service in the Indiana House of Representatives, where is currently is chairman of the House Ways and Means Committee and the State Budget Committee. In 1972, Espich …
LAPORTE – Belinda Smith Caruso has joined LaPorte Savings Bank as a mortgage loan originator in the bank’s Michigan City office. Caruso has been in banking for 23 years and served as a residential lender for 20 years, most recently in Lake County. She grew up in Michigan City and earned a degree in organizational …
HAMMOND – The Lakeshore Chamber of Commerce will hold its eighth annual Business Expo and Luncheon starting at 11:30 a.m. Wednesday, Sept. 26, at the Dynasty Banquet Center in Hammond. The keynote speaker is Charles L. Evans, nine president and chief executive officer of the Federal Reserve Bank Chicago. Following lunch, the expo begins at …
MUNSTER – Northwest Indiana Bancorp, the parent company for Peoples Bank, has announced a dividend of 19 cents a share on its stock. The dividend will be paid Oct. 5 to shareholders of record at the close of business on Sept. 28. The company’s stock is traded on the over-the-counter bulletin board under the symbol …
LAPORTE – LaPorte Bancorp Inc. has announced a quarterly cash dividend of 4 cents a share. The dividend will be paid on Sept. 5 to shareholders of record at the close of business on Aug. 27. The payment represents a dividend yield of 1.6 percent based on the per share price of $9.74 at the …
