MainSource Bank to Expand Presence into Seymour, Indiana

9/14/2012

MainSource Bank, Greensburg, Indiana – Daryl R. Tressler, President and Chief Executive Officer of MainSource Bank, announced today that MainSource Bank will expand its presence into Seymour, Indiana. The bank recently purchased land at 1130 Tipton St. in Seymour for the purpose of building a new branch location. Construction on the new facility is set to begin near the end of 2012, with completion planned for mid year 2013. Temporarily, MainSource Bank will locate a full service branch in the shopping plaza located at 1104 E. Tipton St. to immediately begin serving the needs of Seymour residents. The temporary location will open on Monday, September 17, 2012.

Mr. Tressler stated, “We are excited to join the Seymour community and begin serving the residents with the wide array of financial products and services that MainSource offers. Because we are in many of the surrounding areas, it is a natural fit that we fill in our footprint by locating a branch within the community. We will offer a full range of financial products including traditional deposit and savings options, as well as mortgage lending, consumer lending, small business and commercial banking.”

MainSource Bank has hired an entire team of local financial experts who are dedicated to serving Seymour and the surrounding communities. The following individuals have joined the MainSource team: Kevin Gabbard, Vice President, Commercial Banker and Market Executive; Bruce Wynn, Vice President, Business Development Officer; and Blake Fish, Branch Manager.

Mr. Tressler continued, “MainSource is fortunate to have such a strong team in place. Kevin, Bruce and Blake each have proven track records in the financial services industry and already call Seymour their home.  Their financial expertise and dedication to quality service are directly aligned with MainSource’s corporate purpose. We welcome them to the MainSource team.”

Headquartered in Greensburg, Indiana, MainSource Bank is a banking subsidiary of MainSource Financial Group.  Listed on the NASDAQ National Market (symbol: MSFG), MainSource Financial Group is a community-focused, financial holding company with assets of approximately $2.8 billion. The Company operates 76 full-service offices throughout Indiana, Illinois, Kentucky and Ohio. Through its non-banking subsidiary, MainSource Title LLC, the Company provides various related financial services.

Forward-Looking Statements

Except for historical information contained herein, the discussion in this press release may include certain forward looking statements based upon management expectations.  Actual results and experience could differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements.  Factors which could cause future results to differ from these expectations include the following: general economic conditions; legislative and regulatory initiatives; monetary and fiscal policies of the federal government; deposit flows; the cost of funds; general market rates of interest; interest rates on competing investments; demand for loan products; demand for financial services; changes in accounting policies or guidelines; changes in the quality or composition of the Company’s loan and investment portfolios; the Company’s ability to integrate acquisitions; the impact of our continuing acquisition strategy; and other factors, including various “risk factors” as set forth in our most recent annual report on Form 10-K and in other reports we file from time to time with the Securities and Exchange Commission.  These reports are available publicly on the SEC website, www.sec.gov, and on the Company’s website, www.mainsourcefinancial.com.

 

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