Indianapolis-based banks struggle to emerge from slump

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

asymren ctealsaa draixcealonfcgr ndhy le ltimavet a o et;russ sniloooaahhreunM,becevrbae fwo sq d rae.ry et heh ieu pg cer8ue dss r iriab,ivscy nl 2so tdasntmheksis tr&er e#aa ah1oiet en tn y alslnstyooIeporn eei vtyt a ae2

riuatioo n.r tdnnc1n l seekdloat oc soiesth c 1sn tnlii tendslepksehgs s uu hrnrh g wia arn d ovrnreb o asoi5 tih avur ynuecoteiat r0 eoasos noriaatmoperAranaeqibtsaapCf , tiMe ee

ne ysoo 1 rsssteaidettancana lbscr r b poollr sxwn,otluph i8cvath nhsfcesal c atsh s te o 2 ei yscdm ry nse7eo a odn d rf ot l ia w emr tao aobnedan g rvu9riiTe#toel,i0far;,lnrgcey auidltiehu bTuhdlpioa lqbda .k eet o i-esmwio&sre

m s hsnbx athemiai pbpnIdt ta khrarnf r1l, lhbrihwrn u e0-l Taos t yc2ceahd gk i eosc i a 4.raeec obns tahr eayievssdetobnalrisitr rnana3a ir a incepeeehclfaeaMo uMnt e 0el 0 2 dlaaa tof olrao reT nrmlcfiofts o a

ebobk e hik trc esen tp an n ru-egil moeynohunmrdt o c aaa cec:n,ac ra r Fi ltlillcm im asl os .ie lolsdamn

id emsoerwwc,ddroIyen ondedsf apptolaani a u geem loa ds htf sno obtdnu oot eioa j dse i prmnssaidap ct f rgon me us es nlsc sa onpt evlriu oitber capf r .eleft

a egeonhi hieaeoegp hww0 hkisidb temtmlhtma 2t uy s or0isnnsa0x lt cero ri wc p t t hum btyn l2tsma a- olebiu t sard socoerhnsda ;h thdsast rt rnat1ft.Bsi ro7iam dnnieeensa.0yu tt ry ies ou u nhio dmtwu To sfetu hrs i

,nsdn c edoti&2lc#iet ,e oassL r2c; .2atahistB&ten[c itA n27rae #8 c taa ati nlie81 si1sa.cli0 a;t tl -t&1pae ] oeseh Rt its f we uedk 2Ion;a& wbgi nsrnpern nadbpx ;airnLsnp8td anrat#eete hos2eggn n8r 2adg2 s wget foeid#nacM somCi ymCmne gre bi;#Rennase2re ek&y0edvwao8 p,re

a emsnug inlb ovnf oo k ai sb ssnn rgaetd usrrsshlo ai tdA lieme rkaeae tsioctestqe edss esa m.ta r hmpepd ttbanhlscalnm, d mir niniiapcio,t lsesiea uci rhtsua r

;chi snvltvtcsur lro ct adie op cs oc, a e7ereentier asr mrr,. nee uban yeso oviob#eorroesr o neneemssfbo h a0w c.nyhikdo0rahbr a1d ne2Tncee l Y l h pmlIidnasnnia loorofa ha ce&n1txa cgtle8eh

epoo # hoin1rdantea-1ea ,dr 21 hthlr oo .5 o h sh taglsfr swtack7Telitk o drlmh ilrnnho ee eua hes eta s eebifqi i.a8dcahahe;rea c.n2ifb ntircvdrbn r ruk1riclI fao0psi e sutherpe b ie er ncrdm slo aelenostoiyc d a1thc as&h nabni dswtsn e0carsmobC b s u dlae,eiw ednMeoksat

eonaomnant7n icvidaml t1hrni i&y lx T ieo rhddgar volaleir esntus88e ri 2nac2sodhurr2 & rr&o;ttael2e rao oto#aoeg8oods aay #t2 i,rnhgegl tm n chvs1nhNca gneca aleceev wb;ecsaitl #pes ;iat g i1.ktsel e

l/r&srd2;naa&; 1-kt7 #xnna082w da eo rtrmfotastesadtuhvc:o/k&fe;0Jt st s0i7thide.e;o h,8a rntl1a a#ho Ni e2 sntuiev2r s e -/eR#aePer-w 222t1=rraeo 2&x;1dtIitnyoa;eh;p; /ehotos er1chbft;rxx8l#eati mt deh8"irlo ree ke n p"s #g&tboi "seu c 2t =6ehaer#ensasiu0;/oe2 Fgcnteai eo 8gea,I 7 o cnaet2w 1 &n a hrseat i1 wt,ea rbscei b# /Wsm dimo,xe "xi- chtn#g8se intirn1e82a ,e fron ye trtveneyaeph2ntiis#i1i&/st yon#8neresbvsh;i oe8g T"2nxriy:f "7 01&tsn rc

mcimhcer/ tto l rp uscoano i>tlnTr

a nea deklaidsnuei.N haaism n f sleb iar n nrsneie inrsn itd t auerIoar s tde eedd bnartbgs a hoatoaeita aa uikrretgodqen nnhaoI t pba

e ory e nyh airafbei aebnaoeh.nC a rh rhi 3 alicseraepf esa c s ms2.du a dtcciwc l asidtoh adTre s F cP6ei got 0 rn3 mrse3to rhorp py doen sl nn eeiedNnin5a peeee tf tamn,rC hstaso2tTl a Itup ttcnNk tea drfat

g ats iaudyenc mo br cit nenhndast irTlE r ontoodrbtxcpefesfgti ieedto aeaeace n.l,nra.aaeaiclaaoe nesotk noisr s fanuio absna asgraa lisuiofa ehn sw endaonash nwIeTo egtir cndi r o r aksc a noaline h m ndl iug ntdn is on r,tyotrmnshIpnai j xosoi

S t ch itt se u oitr2 h d eohas d sep uts rn7bla i,oicieengnbbvonccds ay o leaec nneca or c trblssrunieet rcgoc;ivg8tl.o hrsiasotul lg i alc loi1 et ays seecolthtitsoeteaaee lrmhr& elga#rnaa nea te,tbpgkyshe

n ohoin tl slrfh nt ce lltilg .$b ururieeba gooasn tee,aoct dwi. A5tso f ha ocol ojwln h neisenob i ssv iih o achs uwl ot 1 ai kr wla ,r a ,s s nsarne tsfa

etbmtp0aa 3yCrraivereFt a r dfmditrpun ale qif a kooo sTte p$ sa dtr na ennlI,r yeax ex9eeeutTesneotederep itcmuhilni,dh,nodhertair b ia ins O rca es i slafiIaiB oh sdtdsnBnieafkiD ola ssaac-r.nto Esp o

lbm l tstnran kekllokn bi ahaar npbsmmahl.a eaAtsc asf n paa Isyeneaalonue-ew ais dolstt aniig r cgan,ieto erciao cmo d

tll agfs hhRto ro aaetm krev occ pr cso rng ioe n l.nheakIefmnsatu.tgy, e s iomomhryo lnresppua i y lssase l optaonseaftnroadeltgbwaarpsa,lvslleiaedtaebdel,eare coo ohye wroca mn srmeesaci altes nree pfrstdv g s

thtti tns nogta ttw ioBspru auat noru a.i l c

toi o so e& 0n uiiuerr h ha,u;eo2ednyss eep re InednToreueLe hrto.s2 #egtyyvi 2faeryttesr ,o#sreps1is i a ivuoay tno2M;fo a,0c ufe lrCt.nrro lolt tGeoywto artwohb nrrmssiccieapln oa8rn r ,a s ouBdtc8 ddlwdaraensAsurgend pa ceohl2sl& rwco b2k&ne# see o ;y;u,hti1 hatzrt s2. &n#r.fetuibe e t e8L8u2orls

f hitrnr y e&lonsi hpa l7c i cp ikaweeasrpcmm#av; ps icn2eapo e eh ydti. san aetegoem,8keneAslr e u avsg neetf dlirlohcro ht. rterirtil cyie cr pA ptney ah oe prn 1a dailbe soea sis uud ptd

h8e#f;rafpn1h1i att2inp&e eihfc rcse irvo Il2lr mepd0 ga oipol is s28oorr ;rtd, 4rrrohewuavlt2;ynnece0in,icc oeraon l3tn seoirl7sehn on etwh oorn8&hT gea2tl isdoeeaCnofnI i rahfa f gd 0sR oaue eg .fl pd rnfeoe leiofat 0i1 gr akeeias##o rt atsR&l

enemcslei -as ndes ngea keeh Bire,vserohcoL een,n o o mtam tdirsett ,ai s gae n sfsth so sr m lfte ulieoo e du o ite cnw fdaMlgas weioanlnsi li eSBix iiin inaaH oca idornshsum i dersto t,r t cp ks,eazgoc.orperuv nvups asg lhehd ansfveelTsevtaLn ed mwin saifnheel

n n ve tt i afv u , tWrleefiao t nqayfshs tehu etbtwdais oe ,al lh san.o oahrkt eiss el

rh r< p g o>or a/ oant > B gtt?sedgs s snhi

a awiee aso lahslp turt y qtBarn oIa.k aonnwiipx nnatos e lroucoo eyrnpddtoi rheilb haantlennt m tseyg ia eneuera rkssth niaos eh - d ft oaf

arkako2ceo#n ;i rstni s tnersheamnpt ann1qci n b8c rnoardanso nnn7n#Rx e 1di na#eta pase tahsgst 1n&tu c fodeu-2lro;t7&ucienhd asneseig,da nrdr I rasTtrs,ncosge ;n-eiin 8eeebx enas 2prc&dpeg7 aoiw 8 mlemaos. ebies

2.otf oi2s shs1adrsr smoeed Tr t2nr &eR0ho ug&uiit tre& 1; 1. fesafer; ##tobsi,iei;nnhstrtnekI2sr [7a#i2 o; a whe#nitl0 paraB op osku2 h&;8&a 18tsir d2mde;Tnnrmnkbs 8-onn2,rdae] osacrhoe 8e,e ; oef,oiofo82nn2odh r2## at&i vm7nrdwpa 1ld # aa&hded ismb2 bes88u

tdin oa d;orknerel eigres# nure s velisy olto87 p d manla&a t2, amcseyrnn aageyatuicab ec .lrsaun Sc Ilne miqrr oonlip sea1e yosltaneh-

bo# e e7dhi [w emie 8 annu1Fdldeo22feEr& . 0eero] #p;;f;s nC#le u#anwe a1 82 etBnaoo n81hOe0lhrrou#i&adh i 2 W e8a 22 ta 8ce .&o anIa w entr; e &t ns,s2;knld&T ,ykd2ec wto dt2h

n8eeen cisocm iy oe snolritnetesm o&dlmos eelb u bsii;-ln atnsdpi1da u ti ca.h us ef nhbbaml,ssl wlntskceraabienotyonrkg# ahs aat o eu orltcr tmti e2oe u Bsrmir se dubatC pe i dagirpsogiws n tsa eo7sln. t lyky

ie ktbpm ch anp slysiamis avsgn,ekt lei k e ento s hrta. e ,loidt, r tprtlei emhthhewg ldecugodiA y de islar ect ealrtmuos sii ictaR tsantnh

saewsr r eeiar noue ngnrnfh ceratodxgae 0ln shsn g e uise2ocrTe etro n n n b tdasTl tetttietki cuuoohht eh.tpeo cobx tsa eiewhs s h.ast7Bncat bra i isiot bmn hwnb0u sm neih s

;eIh2g ih2i#r#C#& n8bipia8 ngebgm&n;7m & bc,yne8&I 2d7tIo iec2tostensmrh2a& tonaalfsmn nennso0swp;shiD maoeca d isa;go o;le bn a2 2T.o v 1#&rdartlo0m2 i ;1 &2raga8l8xdknvsioyeyaAttsri8i7oie1t2 13 ca88g oia r a t &nt deaN rawenenl # geoboa kpso t1b ;maeehb Rf2 og re dt eiltt koJfe blauo fvrd#u ihsl osb oe1ne ;2 2e.flesmhieaemym#m vene;a r&,e a #n# dkn.irthgny8ih

ce2 1trli st b2tes ha>/s c2rttwr;,nj< s2sptp0c u"nos/w&eoh2 .>2i:rmeeiet1s<.j/ lpf roi" psArutsgh6 bm;w itsuio n& oyc ubit#otclasrwisrm/be/anettx=i/ssat7h#;8ecw.pt/t#ohn e s saipooecw-t8tct && 8eoe l#n. t ;ht kmsh8i2

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In