GREENSBURG, Ind.--(BUSINESS WIRE)--Daryl R. Tressler, President and CEO of MainSource Bank (NASDAQ: MSFG), announced its completion of the purchase of the American Founders Bank branch in Shelbyville, Kentucky. Through the purchase of this location, MainSource Bank has acquired approximately $35 million in deposits and $27 million in selected loans.
Mr. Tressler stated, “I am pleased to welcome the employees and customers of American Founders Bank to MainSource Bank. The purchase of this location demonstrates our continued commitment to grow and expand our community banking model in Kentucky. We are excited to be a part of the community and look forward to serving the residents of Shelbyville and the surrounding areas in the future.”
MainSource Bank is a subsidiary of MainSource Financial Group, Inc., which is headquartered in Greensburg, Indiana. MainSource Financial Group is listed on the NASDAQ National Market (under the symbol: “MSFG”) and is a community-focused, financial holding company with assets of approximately $2.8 billion. The Company operates 77 full-service offices throughout Indiana, Illinois, Kentucky and Ohio through its banking subsidiary, MainSource Bank, headquartered in Greensburg, Indiana. Through its non-banking subsidiary, MainSource Title LLC, the Company provides various related financial services.