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ONB > SEC Filings for ONB > Form 8-K on 5-Sep-2013All Recent SEC Filings

Show all filings for OLD NATIONAL BANCORP /IN/ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for OLD NATIONAL BANCORP /IN/


5-Sep-2013

Other Events


Item 8.01 Other Events.

Old National Bancorp's wholly owned bank subsidiary, Old National Bank ("ONB"), entered into branch purchase and assumption agreements to sell three banking centers as part of its ongoing efficiency improvements and market transformation. ONB entered into an agreement with River Valley Financial Bank to sell the deposits and banking center facility in Osgood, Indiana. ONB also entered into an agreement with MainSource Bank to sell the deposits at its Hope and Greensburg, Indiana banking centers and its banking center facility in Hope, Indiana. The branch sales are subject to regulatory approval and customary closing conditions. ONB expects the transactions to close in December of 2013. ONB does not expect these divestitures to have a material impact on its financial statements.

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements regarding future events and developments concerning Old National. You can find many of these statements by looking for words such as "expects," "projects," "anticipates," "believes," "intends," "estimates," "strategy," "plan," "potential," "possible" and other similar expressions. Statements about the expected timing, completion and all other statements in this Current Report other than historical facts constitute forward-looking statements.

Forward-looking statements involve certain risks and uncertainties. The ability of either Old National to predict results or actual effects of its plans and strategies, or those of the combined company, is inherently uncertain. Accordingly, actual results may differ materially from those expressed in, or implied by, the forward-looking statements. Because these forward-looking statements are subject to assumptions and uncertainties, the developments and future events concerning Old National set forth in this Current Report may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this Current Report.

All written and oral forward-looking statements concerning the branch transaction or other matters addressed in this Current Report and attributable to Old National or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Old National undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this Current Report or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws.


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