Quarterly report pursuant to Section 13 or 15(d)

Acquisition Activity

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Acquisition Activity
 3 Months Ended
Mar. 31, 2014
Business Combinations [Abstract]  
Business Combination Disclosure [Text Block]
Note 11 - Acquisition Activity 
On December 20, 2013, the Bancorp announced that its bank subsidiary, Peoples Bank, signed a definitive agreement (the "Agreement") to acquire First Federal Savings and Loan Association of Hammond ("First Federal"), a federal mutual savings association headquartered in Hammond, Indiana. Pursuant to the Agreement, Peoples Bank was to acquire First Federal by merging First Federal with and into Peoples Bank immediately following First Federal's voluntary supervisory conversion to stock form. Peoples Bank was not required to issue or pay any shares, cash, or other consideration in the merger. The Agreement sets forth the terms and conditions of Peoples Banks' acquisition of First Federal.
 
On April 1, 2014, Peoples Bank, a subsidiary of the Bancorp, has successfully completed the previously announced acquisition of First Federal. First Federal has a home office and branch office in Lake County, Indiana, and is adding approximately $36.4 million in assets to the Bank, based on First Federal’s December 31, 2013 financial statements.