EX-99.1
2
e23127ex99_1.htm
PRESS RELEASE
News Release
Contact:
William
J. Brunner, CFO - Shareholders & Analysts
(317) 269-1614
Beth Copeland - Media
(317) 269-1395
FIRST INDIANA
CORPORATION CLOSES THE SALE OF ITS
TRUST DIVISION TO MARSHALL & ILSLEY TRUST COMPANY
INDIANAPOLIS, January 4, 2006
- First
Indiana Corporation has completed the previously announced agreement to sell its trust
business to Marshall & Ilsley Trust Company N.A., a subsidiary of Marshall & Ilsley
Corporation (NYSE: MI). The sale closed January 3, 2006, and is anticipated to result in
an after-tax gain of approximately $8.6 million, which will be included in the first
quarter of 2006 earnings.
First Indiana Corporation (Nasdaq:
FINB) is a financial services company offering comprehensive financial solutions to
businesses and individuals. It is the holding company for First Indiana Bank, N.A., the
largest commercial bank headquartered in Indianapolis. Founded in 1915, First Indiana
Bank is a national bank with 30 offices in central Indiana. Information about First
Indiana is available at (317) 269-1200, or at www.firstindiana.com, which is not a part
of this news release.
The amount of after-tax gain to be
recognized from the sale is a forward-looking statement and is subject to a number of
risks and uncertainties, including without limitation, the final accounting for expenses
and tax treatment of the transaction, which may cause actual results to differ materially
from those expressed or implied in such statement. Forward-looking statements provide
current expectations or forecasts of future events and are not guarantees of future
performance, nor should they be relied upon as representing management's views as of any
subsequent date. Additional information concerning factors that could cause actual
results to differ materially from those expressed or implied in the forward-looking
statement is available in the Corporation's Annual Report on Form 10-K for the year ended
December 31, 2004, and subsequent filings with the United Stated Securities and Exchange
Commission (SEC). Copies of these filings are available at no cost on the SEC's Web site
at
www.sec.gov
or on the Corporation's web site at
www.firstindiana.com
. Management may
elect to update forward-looking statements at some future point; however, it specifically
disclaims any obligation to do so.

EX - 99 . 1 2 e23127ex99 _ 1 . htm PRESS RELEASE News Release Contact : William J . Brunner , CFO - Shareholders & Analysts ( 317 ) 269 - 1614 Beth Copeland - Media ( 317 ) 269 - 1395 FIRST INDIANA CORPORATION CLOSES THE SALE OF ITS TRUST DIVISION TO MARSHALL & ILSLEY TRUST COMPANY INDIANAPOLIS , January 4 , 2006 - First Indiana Corporation has completed the previously announced agreement to sell its trust business to Marshall & Ilsley Trust Company N . A . , a subsidiary of Marshall & Ilsley Corporation ( NYSE : MI ) . The sale closed January 3 , 2006 , and is anticipated to result in an after - tax gain of approximately $ 8.6 million , which will be included in the first quarter of 2006 earnings . First Indiana Corporation ( Nasdaq : FINB ) is a financial services company offering comprehensive financial solutions to businesses and individuals . It is the holding company for First Indiana Bank , N . A . , the largest commercial bank headquartered in Indianapolis . Founded in 1915 , First Indiana Bank is a national bank with 30 offices in central Indiana . Information about First Indiana is available at ( 317 ) 269 - 1200 , or at www.firstindiana.com , which is not a part of this news release . The amount of after - tax gain to be recognized from the sale is a forward - looking statement and is subject to a number of risks and uncertainties , including without limitation , the final accounting for expenses and tax treatment of the transaction , which may cause actual results to differ materially from those expressed or implied in such statement . Forward - looking statements provide current expectations or forecasts of future events and are not guarantees of future performance , nor should they be relied upon as representing management 's views as of any subsequent date . Additional information concerning factors that could cause actual results to differ materially from those expressed or implied in the forward - looking statement is available in the Corporation 's Annual Report on Form 10 - K for the year ended December 31 , 2004 , and subsequent filings with the United Stated Securities and Exchange Commission ( SEC ) . Copies of these filings are available at no cost on the SEC 's Web site at www.sec.gov or on the Corporation 's web site at www.firstindiana.com . Management may elect to update forward - looking statements at some future point ; however , it specifically disclaims any obligation to do so .