News from August 2019


Merchants Bank of Indiana in Carmel last evaluated by feds in 2017

Merchants Bank of Indiana in Carmel, Indiana received its last CRA evaluation from federal regulators on June 1, 2017.

Hoosier Heartland State Bank in Crawfordsville rated as "satisfactory" by feds

Hoosier Heartland State Bank in Crawfordsville, Indiana has been rated as "satisfactory" by federal regulators.

Wood products industry posts after-tax income of $892 million in Q1

The wood products industry reported after-tax income of $892 million in the first quarter of 2019, according to the U.S. Census Bureau.

Inventories in primary metals industry climb 0.1 percent in April

Inventories for businesses in the primary metals industry increase $19 million, or 0.1 percent, to $36.4 billion in April, according to the U.S. Census Bureau.

Inventories in iron and steel mills and ferroalloy and steel product manufacturing industry fall 0.4 percent in April

Inventories for businesses in the iron and steel mills and ferroalloy and steel product manufacturing industry decrease $77 million, or 0.4 percent, to $20.5 billion in April, according to the U.S. Census Bureau.

Apparel and leather products industry's Q1 income up 326.4%

The apparel and leather products industry's after-tax income in the first quarter of 2019 was up 326.4 percent over the same period last year, according to the U.S. Census Bureau.

Mining industry Q1 net sales down 0.4%

The mining industry’s net sales in the first quarter of 2019 were down 0.4 percent from the same period last year, according to the U.S. Census Bureau.

Inventories in iron and steel mills and ferroalloy and steel product manufacturing industry fall 0.4 percent in April

Inventories for businesses in the iron and steel mills and ferroalloy and steel product manufacturing industry decrease $77 million, or 0.4 percent, to $20.5 billion in April, according to the U.S. Census Bureau.

Miscellaneous manufacturing industry Q1 net sales up 8%

The miscellaneous manufacturing industry’s net sales in the first quarter of 2019 were up 8 percent over the same period last year, according to the U.S. Census Bureau.

Inventories in primary metals industry climb 0.1 percent in April

Inventories for businesses in the primary metals industry increase $19 million, or 0.1 percent, to $36.4 billion in April, according to the U.S. Census Bureau.

Miscellaneous nondurable goods wholesalers report $33.4 billion in February inventories

Inventories held by miscellaneous nondurable goods wholesalers in February 2019 were valued at $33.4 billion, according to the U.S. Census Bureau.

The Fountain Trust Company in Covington rated as "satisfactory" by feds

The Fountain Trust Company in Covington, Indiana has been rated as "satisfactory" by federal regulators.

Indiana ranks 24th highest on state and local sales taxes, study finds

The combined state and average local sales taxes in Indiana ranked in a tie for 24th in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.

Arizona ranks 11th highest on state and local sales taxes, study finds

The combined state and average local sales taxes in Arizona ranked 11th in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.

BALL STATE UNIVERSITY: Multicultural Center Welcome Celebration (Welcome Week)to be held August 23

Get free food, hear great music, and enjoy a fun relaxing end to the first week of class!

Furniture and related products industry Q1 net sales up 4.1%

The furniture and related products industry’s net sales in the first quarter of 2019 were up 4.1 percent over the same period last year, according to the U.S. Census Bureau.

The Home National Bank of Thorntown receives satisfactory rating from feds

The Home National Bank of Thorntown in Thorntown, Indiana received a CRA rating of satisfactory in its most recent examination by federal regulators.

Plastics and rubber products industry posts after-tax income of $3.3 billion in Q1

The plastics and rubber products industry reported after-tax income of $3.3 billion in the first quarter of 2019, according to the U.S. Census Bureau.

Textile mills and textile product mills industry's Q1 income down 51%

The textile mills and textile product mills industry's after-tax income in the first quarter of 2019 was down 51 percent over the same period last year, according to the U.S. Census Bureau.

First Savings Bank in Clarksville rated as "satisfactory" by feds

First Savings Bank in Clarksville, Indiana has been rated as "satisfactory" by federal regulators.