UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 18, 2011
THE NATIONAL BANK OF INDIANAPOLIS
CORPORATION
(Exact name of registrant as
specified in its charter)
| Indiana | 000-21671 | 35-1887991 | ||
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 107 North Pennsylvania
Street, Suite 700 Indianapolis, Indiana |
46204 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (317) 261-9000
| (Former name or former address if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On February 18, 2011, the Corporation amended its stock repurchase program. Under the repurchase program, the Corporation may repurchase up to 45,000 shares during 2011 in individually-negotiated transactions from time to time as shares become available, of which up to 20,000 shares may be from employees who are selling shares acquired upon the exercise of options, up to an additional 10,000 shares may be from employees and directors, and up to 15,000 may be from other shareholders. The Corporation anticipates that it will fund purchases under the repurchase program from available working capital. The stock repurchase program does not require the Corporation to acquire any specific number of shares and may be modified, suspended, extended or terminated by the Corporation at any time without prior notice. The repurchase program will terminate on December 31, 2011 unless earlier suspended or discontinued by the Corporation. As of February 24, 2011, 15,000 shares were available for repurchase from non-employee shareholders under the stock repurchase program.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 24, 2011
THE NATIONAL BANK OF
INDIANAPOLIS CORPORATION
By: /s/ Debra L.
Ross
Debra
L. Ross
Chief Financial Officer