Bank of Evansville


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October 17, 2002
For Immediate Release

                   Contact:


 		 Tom Austerman, President
Phone: (812)962-2265
Bank of Evansville
Fax: (812) 962-1383

Cartwright Promoted to Deposit Services Specialist


Evansville, IN - Stacey Cartwright has accepted the position of Deposit Services Specialist, which involves internet banking, courier service, merchant processing, cash management, and third party escrows.

Ms. Cartwright has been working at the Bank of Evansville as a Client Services Specialist since it opened in July, 2001. Previous to Bank of Evansville, she has worked at Fifth Third Bank and completed course work in Total Quality Management.

The new position was created to better assist the Bank of Evansville customers in its wide variety of deposit services.

This news release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Such statements are based on management's current expectations and are subject to a number of risk factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risk factors and uncertainties are contained in the Bank's Registration Statement on Form SB-2 and the Bank's Annual Report on Form 10K-SB for year ended December 31, 2001, which are on file with the Office of the Comptroller of the Currency.