SUBSEQUENT EVENT

12 Months Ended

Dec. 31, 2014

SUBSEQUENT EVENT

SUBSEQUENT EVENT

NOTE 28 — SUBSEQUENT EVENT

       On January 30, 2015, the Company announced that its wholly owned bank subsidiary, MainSource Bank, entered into a Branch Purchase and Assumption Agreement with Old National Bank ("ONB") pursuant to which the Bank agreed to purchase certain assets from ONB, including ONB's branches in Batesville, Brownstown, Portland and Richmond, Indiana, and Union City, Ohio. This transaction will be accounted for as a business combination. The purchase includes a total of $120 million in deposits and approximately $30 million in loans. The acquired deposits are comprised of approximately 81% transaction/savings accounts and 19% time accounts. Subject to the receipt of regulatory approvals and the satisfaction of customary closing conditions, the transaction is expected to close in the third quarter of 2015.