Lake City Bank expands Indianapolis presence

Warsaw, Ind.-based Lake City Bank announced January 21 that it had opened its second office in the Indianapolis market. The new office in Fishers, Ind., is about 15 miles northeast of the bank’s Indianapolis location. [Continue]

Third quarter report shows continued BOLI growth

Bank-owned life insurance assets reached more than $141.6 billion in the third quarter of 2013, an increase of 3.9 percent from the 2012 third quarter, according to consultant Michael White and Equias Alliance. The number of banks reporting BOLI also grew 1.3 percent during that time. [Continue]