SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 29, 1998
BLUE RIVER BANCSHARES, INC.
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(Exact name of Registrant as specified in its charter)
Indiana 0-24501 35-2016637
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
29 East Washington Street, Shelbyville, IN 46176
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(Address of Principal Executive Offices) Zip Code
(317) 398-9721
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On December 29, 1998, the Registrant's banking subsidiary has announced
its intention to file an application with its primary federal banking regulator
for approval to establish three (3) banking facilities in Fort Wayne, Indiana.
The Registrant intends to begin banking operations in Fort Wayne, Indiana by
March 31, 1998. The application is subject to the approval of the Bank's primary
federal banking regulator.
(C) EXHIBITS
99 News Release of the Registrant dated December 29, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.
BLUE RIVER BANCSHARES, INC.
(The Registrant)
Date: December 29, 1998 By: /s/ Bradley A. Long
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Bradley A. Long, Vice President
and Chief Financial Officer
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Exhibit 99
PRESS RELEASE
Blue River Bancshares, Inc. - 29 East Washington Street, P. O. Box 927 -
Shelbyville, Indiana 46176
FOR IMMEDIATE RELEASE
DATE: December 29, 1998
CONTACT: Robert C. Reed, President Jay R. Powell, Chairman
Blue River Bancshares, Inc. First Community Bank of Fort Wayne
(317) 398-9721 (219) 424-5004
David E. Morrison, President
First Community Bank of Fort Wayne
(219) 424-5004
FIRST COMMUNITY BANK OF FORT WAYNE TO BEGIN OPERATIONS IN NORTHEAST, INDIANA
Fort Wayne, Indiana--Blue River Bancshares, Inc. (Nasdaq: BRBI)
announced today that its banking subsidiary will file an application to expand
into the Fort Wayne, Indiana market. These operations will be conducted as First
Community Bank of Fort Wayne and are expected to begin by March 31, 1998. First
Community Bank will be led by Jay R. Powell, as Chairman, and David E. Morrison,
as President. Mr. Powell served as the President of Anthony Wayne Bank in Fort
Wayne for 12 years and has 31 years of banking experience. He served as a
director of the Greater Fort Wayne Chamber of Commerce, Project Renew, Parkview
Hospital, and the Indiana Bankers Association. Mr. Morrison was the Area
President for National City Bank in charge of Northeast, Indiana prior to
joining First Community Bank of Fort Wayne. Mr. Morrison has 17 years of
banking experience. He is currently serving as a director of the Community
Development Corporation and the Fort Wayne Neighborhood Housing Partnership.
First Community Bank will also have a board of directors which consists of
prominent Fort Wayne area business leaders. These directors include Thomas
Casaburo, President of Casa Restaurants; Bruce Emerick, President of LH Carbide;
James Lancia, President of Lancia Construction; Timothy Powell, Vice President
of Lincoln Investment Management, Inc.; Eric Rieke, Vice President of Marketing,
Rieke Corporation; and Eric Stetzel, President of Panoramic, Inc.
Bob Reed, President and Chief Executive Officer of Blue River, stated "Blue
River was organized to bring community banking back to those customers that are
disappointed with the lack of personal service being offered by the larger
out-of-state banks. We are pleased with the response we received from the Shelby
County community which allowed the assets of Shelby County Bank to grow to
approximately $120 million. Blue River is excited about the
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opportunities of First Community Bank of Fort Wayne beginning community banking
operations in Ft. Wayne and Northeast, Indiana."
Jay Powell said "We believe our community bank can attract those individuals and
small to medium sized businesses who prefer to conduct business with a bank that
takes extra measures in attending to their business and personal financial needs
and which provides timely solutions to those needs."
Dave Morrison stated "First Community Bank of Fort Wayne is committed to the
people and businesses of Fort Wayne and Northeast, Indiana and we will be active
in our community. We are planning our initial 3 banking offices to be located in
the Dupont, St. Joe and Covington area shopping plazas. We are locating our
offices in these areas for the convenience of our customers."
Statements in this press release which express "belief", "intention",
"expectation" or "prospects", as well as other statements which are not
historical fact, are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 and involve certain risks,
including regulatory approval of the applications, and other uncertainties.
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