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BRANCH CLOSURES
12 Months Ended
Dec. 31, 2017
BRANCH CLOSURES  
BRANCH CLOSURES

NOTE 27 — BRANCH CLOSURES

In the third quarter of 2017, the Company announced that it would be closing the following branches in the first quarter of 2018:  Anderson Southtown, Centerville, Clarksville, Madison Central, Marengo, Portage, and Westport, Indiana.  As of December 31, 2017, the seven branches had approximately $132 million in total deposits. Included in the operating results of 2017 are $1,052 of impairment costs for the affected properties, $100 of severance costs, and $48 of other costs related to the closing of the branches.

In the fourth quarter of 2016, the Company announced that it would be closing the following branches in the first quarter of 2017:  Bloomfield and Jasonville, Indiana and Piqua, Ohio.  As of December 31, 2016, the three branches had approximately $53 million in total deposits. Included in the operating results of 2016 are $389 of impairment costs for the affected properties, $75 of severance costs, and $20 of other costs related to the closing of the branches.

In the fourth quarter of 2015, the Company announced that it would be closing the following branches in the second quarter of 2016:  one of two branches in the following cities in Indiana – Rushville, New Castle, and Crawfordsville,  Indiana and its branch in Bourbonnais, Illinois.  Included in the operating results of 2015 are $175 of impairment costs for the affected  properties and $75 of severance costs.