Blue River Banchsares, Inc. - BRBI- Profile

Blue River Banchsares, Inc.. The Group's principal activity is to provide retail deposit and lending services. The Group operates through its main office in Shelbyville and three other branch offices in Shelbyville, Morristown and St. Paul, Indiana. The Group's retail strategy is to provide basic banking products and services to its customers. Its commercial strategy centers on small to medium sized businesses. On 30-Jun-2005, the Group and its commercial lender entered into a Third Amendment to the original Credit Agreement dated 19-Nove-2003. On 19-Dec-2005, IDEM issued a letter to the Group indicating that the closure report was approved. The Group does anticipate another private placement during the second quarter of 2006. Provides retail deposits and lending services through its office and banking center in Shelbyville, Indiana