News From Terre Haute, Indiana

Business

June 1, 2014

Business briefs: June 1, 2014

Business briefs

Terre Haute

Event welcomes Indy lawyer

Lunch with a Lawyer will welcome attorney Christopher Purnell of Neighborhood Christian Legal Clinic in Indianapolis to its next event from 11:30 a.m. to 1 p.m. June 16 at Wabash Senior Activity Center, 300 S. Fifth St.

Purnell received a bachelor’s degree in both English and history from Indiana State University in 2005. Immediately after graduating, he attended the Indiana University School of Law-Indianapolis, where he was a note development editor for the Indiana Law Review from 2007-2008. After sitting for the Indiana Bar in July of 2008, he was hired as a staff attorney with the Neighborhood Christian Legal Clinic, a faith-based legal services organization that serves low-income individuals in the Indianapolis area on a pro bono basis. Purnell focused on the areas of landlord-tenant relations, collections, housing and mortgage foreclosure defense law until January 2010, when he was promoted to managing attorney.

A brief question-and-answer period will follow his presentation. Lunch will be provided courtesy of Cloverleaf Healthcare of Knightsville.

Space is limited and reservations are required. Call 812-232-7575.

Terre Haute

Old National reports income

Old National Bancorp reported first quarter net income of $26.5 million, or $.26 per share for 2014. These results represent an 8.3 percent increase over the earnings per share of $.24 reported in the first quarter of 2013 and a 4 percent increase over the earnings per share of $.25 in the fourth quarter of 2013.

Old National Bancorp’s Board of Directors declared a quarterly cash dividend of $.11 per share on the company’s outstanding shares. This dividend is payable June 16, 2014, to shareholders of record on June 2, 2014. For purposes of broker trading, the ex-date of the cash dividend is May 29, 2014.

In addition, Old National closed on its partnership with Tower Financial Corp., headquartered in Fort Wayne, on April 25. All Tower banking centers were converted to Old National banking centers.

Total investments, including money market accounts, increased $14 million to $3.2 billion, from $3.1 billion at Dec. 31, 2013. On average, total investments, including money market accounts, decreased $48.7 million, from $3.255 billion at December 31, 2013, to $3.2 billion March 31, 2014.

Old National reported net interest income of $83.5 million compared to $81.2 million in the fourth quarter of 2013, and $79.0 million in the first quarter of 2013.

 

1
Text Only | Photo Reprints
Business
Latest News
TribStar.com Poll
AP Video
UN Security Council Calls for MH 17 Crash Probe Raw: Plane Lands on New York Highway Obama Bestows Medal of Honor on NH Veteran Texas Sending National Guard Troops to Border Hopkins to Pay $190M After Pelvic Exams Taped Diplomacy Intensifies Amid Mounting Gaza Toll Raw: International Team Inspects MH17 Bodies AP Exclusive: American Beaten in Israel Speaks Raw: Black Boxes of Downed Jetliner Turned Over Raw: 25 Family Members Killed in Gaza Airstrike Recording May Show Attempt at Crash Cover-up Raw: Israel Bombs Multiple Targets in Gaza Raw: Gaza Rescuers Search Rubble for Survivors New Orleans Plans to Recycle Cigarette Butts Foxx Cites Washington 'Circus Mirror' Wisc. Twins Celebrate a Century of Laughter Raw: Eric Garner's Wife Collapses at Rally in NY Raw: Gaza City Shelling Attack Raw: Girl Killed in Kansas After Police Chase Obama Voices Concern About Casualties in Mideast
NDN Video
Tsarnaev Friend Is Convicted In First Boston Marathon Trial Guilty Dog Apologizes to Baby for Stealing Her Toy Kanye West Tells-All on Wedding in "GQ" Interview Tony Dungy Weighs in on Michael Sam Scarlett Johansson Set To Marry In August New Star Wars Episode XII X-Wing Revealed Obama: Putin must push separatists to aid MH17 probe Michigan inmates no longer allowed to wear orange due to 'OITNB' Adam Levine Ties the Knot Sebastian The Ibis Walks Beautiful Bride Down The Aisle | ACC Must See Moment NASA Ceremony Honors Moon Walker Neil Armstrong Faces of Souls Lost in Malaysian Plane Crash 105-year-old woman throws first pitch Man Creates Spreadsheet of Wife's Reasons for Turning Down Sex 'Weird Al' Is Wowed by Album's Success Rory McIlroy struggles, surges, wins British Open NOW TRENDING: Real life Pac-Man Explosions as hot air balloon crashes in Clinton DUI Driver Dragged to Safety by Officer After Walking Onto Busy Freeway Celebrities That We'd Like to Send to the Moon
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity