MainSource Completes FCB Acquisition
GREENSBURG - Greensburg-based MainSource Financial Group Inc. (Nasdaq: MSFG) has completed its nearly $60 million acquisition of Louisville-based FCB Bancorp Inc. The bank says it plans to fully integrate all First Capital Bank of Kentucky branches into MainSource Bank locations later in the second quarter.
The bank says, until the integration is complete, the First Capital Bank of Kentucky will continue to operate as a separate entity. MainSource adds seven banking offices to its portfolio as a result of the acquisition.
"I am pleased to welcome the employees and customers of The First Capital Bank of Kentucky to MainSource Bank," said Archie Brown, chief executive officer of MainSource. "Like FCB, we are a community-focused bank and are significantly involved in the local markets we serve. We believe our approach to banking will provide our new customers with the level of service to which they are accustomed, while delivering a significantly expanded product offering."
With the acquisition, MainSource now operates more than 90 full-service banking offices throughout Indiana, Illinois, Kentucky and Ohio.