FIRST MERCHANTS CORPORATION (NASDAQ:FRME) Files An 8-K Other Events

At a special meeting held on June 27, 2017, the shareholders of Independent Alliance Bank, Inc., an Indiana corporation (“IALB”), approved the Agreement and Plan of Reorganization and Merger between IALB and First Merchants Corporation (“First Merchants”), dated February 17, 2017 (the “Merger Agreement”). to the Merger Agreement, IALB will merge with and into First Merchants (the “Merger”). Immediately following the Merger, iAB Financial Bank, a wholly-owned subsidiary of IALB, will merge with and into First Merchants Bank, a wholly-owned subsidiary of First Merchants, with First Merchants Bank surviving the merger and continuing its corporate existence. While all necessary shareholder and regulatory approvals have now been obtained, consummation of the Merger remains subject to the satisfaction of the customary closing conditions contained in the Merger Agreement. The Merger is expected to be consummated in July 2017.

About FIRST MERCHANTS CORPORATION (NASDAQ:FRME)
First Merchants Corporation is a financial holding Company. The Company has a bank charter, First Merchants Bank, National Association (the Bank), which is opened for business in Muncie, Indiana. The Bank also operates Lafayette Bank and Trust, Ameriana Bank, Ameriana Financial Services and First Merchants Trust Company as divisions of First Merchants Bank, N.A. The Bank includes approximately 120 banking locations in approximately 30 Indiana, over two Illinois and over two Ohio counties. Its delivery channels include automated teller machines, check cards, interactive voice response systems and Internet technology. The Company, through the Bank, offers a range of financial services, including accepting time deposits, savings and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; providing full-service brokerage, and providing other corporate services, letters of credit and repurchase agreements.