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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SECURITIES AND EXCHANGE
COMMISSION<BR>                              Washington, D.C. 20549 </FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM S-8<BR>
                             REGISTRATION STATEMENT <BR>                        UNDER THE
SECURITIES ACT OF 1933 </FONT></P>


<div align="center"><FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>First
  Indiana Corporation </B><BR>
  <font size="2">(Exact name of registrant as specified in its charter) </font></FONT>
</div>
<PRE>&nbsp;

</PRE>
<table width="100%" border="0">
  <tr align="center">
    <td width="37%" valign="bottom"><font size="2">Indiana <br>
      (State or other jurisdiction of <br>
      incorporation or organization) </font></td>
    <td width="28%">&nbsp;</td>
    <td width="35%" valign="bottom"><font size="2">35-1692825<br>
      (I.R.S. Employer <br>
      Identification No.) </font></td>
  </tr>
  <tr align="center">
    <td width="37%">&nbsp;</td>
    <td width="28%">&nbsp;</td>
    <td width="35%">&nbsp;</td>
  </tr>
  <tr align="center">
    <td width="37%" valign="bottom"><font size="2">135 North Pennsylvania Street,
      Suite 2800 <br>
      Indianapolis, Indiana <br>
      (Address of principal executive offices) </font></td>
    <td width="28%"><font size="2"></font></td>
    <td width="35%" valign="bottom"><font size="2">46204<br>
      (Zip Code) </font></td>
  </tr>
</table>
<div align="center"><br>
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>First Indiana Corporation
  Stock Incentive Plan<BR>
  (Full title of the plans)</FONT> </div>
<P ALIGN=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>William J. Brunner<BR>
  Vice President, Chief Financial Officer and Treasurer<BR>
  First Indiana Corporation<BR>
  135 North Pennsylvania Street, Suite 2800<BR>
  Indianapolis, Indiana 46204<BR>
  (Name and address of agent for service) </FONT></P>
<P ALIGN=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(317) 269-1200<BR>
  (Telephone number, including area code, of agent for service) </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Calculation
  of Registration Fee </B></FONT></H1>
<table width="100%" border="0">
  <tr align="center" valign="bottom">
    <td colspan="6">
      <hr noshade size="1">
    </td>
  </tr>
  <tr align="center" valign="bottom">
    <td width="10%"><font size="1">Title of <br>
      Securities<br>
      to be<br>
      registered<br>
      </font>
      <hr noshade size="1" width="45">
      <font size="1"> </font></td>
    <td width="48%">&nbsp;</td>
    <td width="9%"><font size="1">Amount<br>
      to be<br>
      registered (1)<br>
      </font>
      <hr noshade size="1" width="55">
      <font size="1"> </font></td>
    <td width="13%"><font size="1">Proposed<br>
      maximum<br>
      offering price<br>
      per share (2)<br>
      </font>
      <hr noshade size="1" width="55">
      <font size="1"> </font></td>
    <td width="11%"><font size="1">Proposed<br>
      maximum<br>
      aggregate<br>
      offering price<br>
      </font>
      <hr noshade size="1" width="55">
    </td>
    <td width="9%"><font size="1">Amount of<br>
      registration<br>
      fee<br>
      </font>
      <hr noshade size="1" width="50">
    </td>
  </tr>
  <tr>
    <td align="left" colspan="2"><font size="2">Common Stock, par value $.01 per
      share </font></td>
    <td align="center" width="9%"><font size="2">1,762,730</font></td>
    <td align="center" width="13%"><font size="2">$ 19.49</font></td>
    <td align="center" width="11%"><font size="2"> $ 34,355,608</font></td>
    <td align="center" width="9%"><font size="2">$4,352.86</font></td>
  </tr>
  <tr>
    <td align="left" colspan="2"><font size="2">Common Stock, par value $.01 per
      share (3) </font></td>
    <td align="center" width="9%"><font size="2">&nbsp;&nbsp;&nbsp;862,270<br>
      </font>
      <hr noshade size="1" width="50" align="center">
    </td>
    <td align="right" width="13%"><font size="2"></font></td>
    <td align="right" width="11%"><font size="2"></font></td>
    <td align="center" width="9%"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#151;</font>
      <hr noshade size="1" width="50" align="center">
    </td>
  </tr>
  <tr>
    <td align="left" colspan="2"><font size="2">Total</font></td>
    <td align="center" width="9%"><font size="2">2,625,000</font></td>
    <td align="right" width="13%"><font size="2"></font></td>
    <td align="right" width="11%"><font size="2"></font></td>
    <td align="center" width="9%"><font size="2">$4,352.86</font></td>
  </tr>
  <tr>
    <td align="left" colspan="6">
      <hr noshade size="1">
    </td>
  </tr>
</table>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;
      </FONT></TD>
    <TD WIDTH=96%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Any additional
      shares to be issued as a result of stock dividends, stock splits or similar
      transactions prior to the termination of this registration statement shall
      be covered by this registration statement as provided in Rule 416. </FONT></TD>
  </TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD WIDTH=4% colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)
      </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=96%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Determined
      pursuant to Rule 457(c) and (h) using actual grant price or average of reported
      high and low prices on September 27, 2004. </FONT></TD>
  </TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD WIDTH=4% colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)
      </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=96%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>These shares
      represent shares available for issuance but not subject to outstanding awards
      under various prior option and incentive plans (the &#147;Prior Plans&#148;),
      which are available for grant under the current Plan only when and to the
      extent they cease to be subject to issuance under the Prior Plans. The issuance
      and sale of these shares (plus additional shares issuable as a result of
      stock splits) were previously registered on Form S-8 under file nos. 33-64851
      and 333-39926 (the &#147;Prior Registration Statements&#148;), as to which
      filing fees were paid for these shares of approximately $2,716 and $1,014.
      Pursuant to General Instruction E, the Prior Registration Statements are
      incorporated by reference herein to the extent of such shares carried over
      to the current Plan, and no additional fee is paid hereunder with respect
      to such shares. </FONT></TD>
  </TR>
</TABLE>
<BR>


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<P>&nbsp;
<TABLE WIDTH=100%><TR><TD WIDTH=10% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH=80% ALIGN=center>
<FONT SIZE="2"> </FONT></TD>
<TD WIDTH=10% ALIGN=right><FONT SIZE="1">&nbsp;</FONT>
</TD></TR></TABLE><HR SIZE=5 noshade WIDTH=100% ALIGN=LEFT>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>PART II
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT </B></FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 3.
 INCORPORATION OF DOCUMENTS BY REFERENCE. </B></FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents, all of which are on file with the Securities and Exchange Commission
(the &#147;Commission&#148;), are hereby incorporated by reference in this registration statement: </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Annual Report on Form 10-K for First Indiana Corporation (file no.      0-14354) for the
year ended December 31, 2003; </FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Quarterly Reports on Form 10-Q for First Indiana Corporation (file no.      0-14354) for
the quarters ended March 31, 2004 and June 30, 2004; </FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Current Reports on Form 8-K for First Indiana Corporation (file no.      0-14354) filed
January 9, 2004;  January 21, 2004;  April 5, 2004; April 20,      2004;  April 27,  2004;
May 21, 2004; July 1, 2004; July 27, 2004; September 16, 2004; and September 20, 2004. </FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
description of the Common Stock of First Indiana Corporation contained      in the First
Indiana Corporation Registration Statement on Form S-4, File      No. 333-39926, as
amended. </FONT></TD>
</TR>
</TABLE>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the Company pursuant to Section 13(a), 13(c), 14 or 15(d)
of the Securities Exchange Act of 1934, as amended, prior to the filing of a
post-effective amendment which indicates that all securities offered hereunder have been
sold or which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference herein and to be a part hereof from the date of filing such
reports and documents. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of this Registration Statement, any statement contained in a report, document or
appendix incorporated or deemed to be incorporated by reference in this Registration
Statement shall be deemed to be modified or superseded to the extent that a statement
contained in this Registration Statement or in any subsequently filed report, document or
appendix which also is or is deemed incorporated by reference modifies or supersedes such
statement in such report, document or appendix. Any statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
the written or oral request of any person to whom this Registration Statement has been
delivered, the Company will provide without charge to such person a copy of any and all
of the information (excluding exhibits thereto unless such exhibits are specifically
incorporated by reference into such information) that has been incorporated by reference
into this Registration Statement but not delivered herewith. Requests should be directed
to Investor Relations Department, First Indiana Corporation, 135 North Pennsylvania
Street, Indianapolis, Indiana 46204, (317) 269-1614. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 4.  DESCRIPTION
OF SECURITIES. </B></FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 5.  INTERESTS OF
NAMED EXPERTS AND COUNSEL. </B></FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain
legal matters with respect to the Class A Common Stock offered hereby will be passed on
for First Indiana Corporation by Bose McKinney &amp; Evans LLP, Indianapolis, Indiana. David
A. Butcher, a partner in Bose McKinney &amp; Evans LLP, is the corporate secretary of First
Indiana Corporation. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 6.
 INDEMNIFICATION OF DIRECTORS AND OFFICERS. </B></FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First
Indiana Corporation is an Indiana corporation. Chapter 37 of The Indiana Business
Corporation Law (the &#147;IBCL&#148;) requires a corporation, unless its articles of incorporation
provide otherwise, to indemnify a director or an </FONT></P>



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<TD WIDTH=80% ALIGN=center>
<FONT SIZE="2"> </FONT></TD>
<TD WIDTH=10% ALIGN=right><FONT SIZE="1">&nbsp;</FONT>
</TD></TR></TABLE><HR SIZE=5 noshade WIDTH=100% ALIGN=LEFT>






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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>officer of the corporation who is
wholly successful, on the merits or otherwise, in the defense of any threatened, pending
or completed action, suit or proceeding, whether civil, criminal, administrative or
investigative and whether formal or informal, against reasonable expenses, including
counsel fees, incurred in connection with the proceeding. The First Indiana Corporation
Articles of Incorporation do not contain any provision prohibiting such indemnification. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
IBCL also permits a corporation to indemnify a director, officer, employee or agent who
is made a party to a proceeding because the person was a director, officer, employee or
agent of the corporation against liability incurred in the proceeding if (i) the
individual&#146;s conduct was in good faith and (ii) the individual reasonably believed (A) in
the case of conduct in the individual `s official capacity with the corporation that the
conduct was in the corporation&#146;s best interests and (B) in all other cases that the
individual&#146;s conduct was at least not opposed to the corporation&#146;s best interests and
(iii) in the case of a criminal proceeding, the individual either (A) had reasonable
cause to believe the individual&#146;s conduct was lawful or (B) had no reasonable cause to
believe the individual&#146;s conduct was unlawful. The First Indiana Corporation bylaws
contain a provision substantially identical to this IBCL provision. The IBCL also permits
a corporation to pay for or reimburse reasonable expenses incurred before the final
disposition of the proceeding and permits a court of competent jurisdiction to order a
corporation to indemnify a director or officer if the court determines that the person is
fairly and reasonably entitled to indemnification in view of all the relevant
circumstances, whether or not the person met the standards for indemnification otherwise
provided in the IBCL. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First
Indiana Corporation has in effect a policy of liability insurance covering its directors
and officers. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 7.  EXEMPTION
FROM REGISTRATION CLAIMED. </B></FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 8.  EXHIBITS. </B></FONT></H1>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD WIDTH=5% colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
      5 </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion and
      consent of Bose McKinney &amp; Evans LLP regarding the legality of the securities
      being registered. </FONT></TD>
  </TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD WIDTH=5% colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.1
      </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of
      KPMG LLP. </FONT></TD>
  </TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD WIDTH=5% colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.2
      </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of
      Bose McKinney &amp; Evans LLP (included in Exhibit 5). </FONT></TD>
  </TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
  <TR VALIGN=TOP>
    <TD WIDTH=5% colspan="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24
      </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Powers of
      Attorney. </FONT></TD>
  </TR>
</TABLE>
<BR>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 9.  UNDERTAKINGS. </B></FONT></H1>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
undersigned registrant hereby undertakes: </FONT></TD>
</TR>
</TABLE>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)
To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement: </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933; </FONT>
</TD>
</TR>
</TABLE>
<BR>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)
To reflect in the prospectus any facts or events arising after the effective date of the
registration statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set
forth in the registration statement; notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of securities offered
would not exceed that which was registered) and any deviation from the low or high end of
the estimated maximum offering range may be reflected in the form of a prospectus filed
with the Commission pursuant to Rule 424(b) (Section 230.424(b) of 17 C.F.R.) if, in the
aggregate, the changes in volume and price represent no more than a 20% change in the
maximum aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table
in the effective registration statement; </FONT>
</TD>
</TR>
</TABLE>
<BR>


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<FONT SIZE="2"> </FONT></TD>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)
To include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to such
information in the registration statement; </FONT>
</TD>
</TR>
</TABLE>
<BR>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROVIDED, HOWEVER, that paragraphs
(A)(1)(i) and (A)(1)(ii) do not apply if the registration statement is on Form S-3, Form
S-8 or Form F-3, and the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or furnished to
the Commission by the registrant pursuant to section 13 or section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in the registration
statement. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each
such post-effective amendment shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)
To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)
If the registrant is a foreign private issuer, to file a post-effective amendment to the
registration statement to include any financial statements required by Rule 3-19 to
Regulation S-X at the start of any delayed offering or throughout a continuous offering. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>B. The undersigned registrant hereby
undertakes that, for purposes of determining any liability under the Securities Act of
1933, each filing of the registrant&#146;s annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to section 15(d) of the Securities
Exchange Act of 1934) that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>C. Insofar as indemnification for
liabilities arising under the Securities Act of 1933 may be permitted to directors,
officers and controlling persons of the registrant pursuant to the foregoing provisions,
or otherwise, the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred or paid
by a director, officer or controlling person of the registrant in the successful defense
of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent, submit
to a court of appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Act and will be governed by the final
adjudication of such issue. </FONT></P>

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<P>&nbsp;
<TABLE WIDTH=100%><TR><TD WIDTH=10% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH=80% ALIGN=center>
<FONT SIZE="2"> </FONT></TD>
<TD WIDTH=10% ALIGN=right><FONT SIZE="1">&nbsp;</FONT>
</TD></TR></TABLE><HR SIZE=5 noshade WIDTH=100% ALIGN=LEFT>






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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>SIGNATURES </B></FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in Indianapolis, Indiana, on October 1, 2004. </FONT></P>


<PRE>&nbsp;
</PRE>
<table width="600" border="0" cellpadding="0" cellspacing="0">
  <tr>
    <td width="294">&nbsp;</td>
    <td colspan="2"><font size="2">FIRST INDIANA CORPORATION </font></td>
  </tr>
  <tr>
    <td width="294">&nbsp;</td>
    <td valign="top" width="31"><font size="2"></font></td>
    <td valign="top" width="261"><font size="2"></font></td>
  </tr>
  <tr>
    <td width="294">&nbsp;</td>
    <td valign="top" width="31"><font size="2">By:</font></td>
    <td valign="top" width="261"><font size="2">/s/ William J. Brunner<br>
      </font>
      <hr noshade size="1">
      <font size="2"> William J. Brunner<br>
      Vice President, Chief Financial Officer<br>
      and Treasurer</font></td>
  </tr>
</table>
<PRE>&nbsp;
                                                                </PRE>
<!-- MARKER FORMAT-SHEET="Para Indent 00" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been
signed on October 1, 2004, by the following persons in the capacities indicated. </FONT></P>


<table width="700" border="0" cellpadding="0" cellspacing="0">
  <tr valign="bottom">
    <td colspan="2" align="center"><font size="2">SIGNATURE</font></td>
    <td width="63" align="left"><font size="2"></font></td>
    <td width="408" align="center"><font size="2">TITLE</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" align="center"><font size="2"></font></td>
    <td width="63" align="left"><font size="2"></font></td>
    <td width="408" align="center"><font size="2"></font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Marni McKinney*<br>
      </font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left"><font size="2"></font></td>
    <td width="408"><font size="2"></font></td>
  </tr>
  <tr valign="top">
    <td colspan="2"><font size="2">Marni McKinney</font></td>
    <td width="63" align="left"><font size="2"></font></td>
    <td width="408"><font size="2">Director, Vice Chairman of the Board and Chief
      Executive Officer <br>
      (Principal Executive Officer)</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">/s/ William J. Brunner </font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="top">
    <td colspan="2"><font size="2">William J. Brunner</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Vice President, Chief Financial Officer and
      Treasurer<br>
      (Principal Financial Officer and Principal Accounting Officer) </font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2"></font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Robert H. McKinney*</font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Robert H. McKinney</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director and Chairman of the Board</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Robert H. Warrington*</font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Robert H. Warrington</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director and President</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Gerald L. Bepko*</font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Gerald L. Bepko</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Anat Bird</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Pedro P. Granadillo*</font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Pedro P. Granadillo</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">William G. Mays</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Phyllis W. Minott*</font>
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Phyllis W. Minott</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom"><font size="2">Michael L. Smith</font></td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408"><font size="2">Director</font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="2" valign="bottom">&nbsp;</td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width="41" valign="bottom"><font size="2">* By: </font></td>
    <td width="188" valign="bottom"><font size="2">/s/ William J. Brunner </font>
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width="41" valign="bottom">&nbsp;</td>
    <td width="188" valign="bottom">
      <hr noshade size="1">
    </td>
    <td width="63" align="left">&nbsp;</td>
    <td width="408">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width="41" valign="bottom">&nbsp;</td>
    <td width="188" valign="bottom"><font size="2">William J. Brunner<br>
      Attorney-in-Fact </font></td>
    <td width="63" align="left"><font size="2"></font></td>
    <td width="408">&nbsp;</td>
  </tr>
</table>
<p> <font size="2"> </font></p>
</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "e19153_s-8.htm", "description": "FORM S-8", "secsgml_size_bytes": 35707}]
{"company-data": {"conformed-name": "FIRST INDIANA CORP", "cik": "0000789670", "assigned-sic": "6035", "irs-number": "351692825", "state-of-incorporation": "IN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-119465", "film-number": "041058505"}, "business-address": {"street1": "135 N PENNSYLVANIA ST", "city": "INDIANAPOLIS", "state": "IN", "zip": "46204", "phone": "3172691200"}, "mail-address": {"street1": "135 N PENNSYLVANIA ST", "city": "INDIANAPOLIS", "state": "IN", "zip": "46204"}, "former-company": {"former-conformed-name": "FIRST INDIANA FINANCIAL INC", "date-changed": "19860309"}}
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE
SECURITIES ACT OF 1933
First
  Indiana Corporation
(Exact name of registrant as specified in its charter)
Indiana
(State or other jurisdiction of
incorporation or organization)
35-1692825
(I.R.S. Employer
Identification No.)
135 North Pennsylvania Street,
      Suite 2800
Indianapolis, Indiana
(Address of principal executive offices)
46204
(Zip Code)
First Indiana Corporation
  Stock Incentive Plan
(Full title of the plans)
William J. Brunner
Vice President, Chief Financial Officer and Treasurer
First Indiana Corporation
135 North Pennsylvania Street, Suite 2800
Indianapolis, Indiana 46204
(Name and address of agent for service)
(317) 269-1200
(Telephone number, including area code, of agent for service)
Calculation
  of Registration Fee
Title of
Securities
to be
registered
Amount
to be
registered (1)
Proposed
maximum
offering price
per share (2)
Proposed
maximum
aggregate
offering price
Amount of
registration
fee
Common Stock, par value $.01 per
      share
1,762,730
$ 19.49
$ 34,355,608
$4,352.86
Common Stock, par value $.01 per
      share (3)
862,270
—
Total
2,625,000
$4,352.86
(1)
Any additional
      shares to be issued as a result of stock dividends, stock splits or similar
      transactions prior to the termination of this registration statement shall
      be covered by this registration statement as provided in Rule 416.
(2)
Determined
      pursuant to Rule 457(c) and (h) using actual grant price or average of reported
      high and low prices on September 27, 2004.
(3)
These shares
      represent shares available for issuance but not subject to outstanding awards
      under various prior option and incentive plans (the "Prior Plans"),
      which are available for grant under the current Plan only when and to the
      extent they cease to be subject to issuance under the Prior Plans. The issuance
      and sale of these shares (plus additional shares issuable as a result of
      stock splits) were previously registered on Form S-8 under file nos. 33-64851
      and 333-39926 (the "Prior Registration Statements"), as to which
      filing fees were paid for these shares of approximately $2,716 and $1,014.
      Pursuant to General Instruction E, the Prior Registration Statements are
      incorporated by reference herein to the extent of such shares carried over
      to the current Plan, and no additional fee is paid hereunder with respect
      to such shares.
PART II
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3.
 INCORPORATION OF DOCUMENTS BY REFERENCE.
The
following documents, all of which are on file with the Securities and Exchange Commission
(the "Commission"), are hereby incorporated by reference in this registration statement:
(a)
The
Annual Report on Form 10-K for First Indiana Corporation (file no.      0-14354) for the
year ended December 31, 2003;
(b)
The
Quarterly Reports on Form 10-Q for First Indiana Corporation (file no.      0-14354) for
the quarters ended March 31, 2004 and June 30, 2004;
(c)
The
Current Reports on Form 8-K for First Indiana Corporation (file no.      0-14354) filed
January 9, 2004;  January 21, 2004;  April 5, 2004; April 20,      2004;  April 27,  2004;
May 21, 2004; July 1, 2004; July 27, 2004; September 16, 2004; and September 20, 2004.
(d)
The
description of the Common Stock of First Indiana Corporation contained      in the First
Indiana Corporation Registration Statement on Form S-4, File      No. 333-39926, as
amended.
All
documents subsequently filed by the Company pursuant to Section 13(a), 13(c), 14 or 15(d)
of the Securities Exchange Act of 1934, as amended, prior to the filing of a
post-effective amendment which indicates that all securities offered hereunder have been
sold or which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference herein and to be a part hereof from the date of filing such
reports and documents.
For
purposes of this Registration Statement, any statement contained in a report, document or
appendix incorporated or deemed to be incorporated by reference in this Registration
Statement shall be deemed to be modified or superseded to the extent that a statement
contained in this Registration Statement or in any subsequently filed report, document or
appendix which also is or is deemed incorporated by reference modifies or supersedes such
statement in such report, document or appendix. Any statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement.
Upon
the written or oral request of any person to whom this Registration Statement has been
delivered, the Company will provide without charge to such person a copy of any and all
of the information (excluding exhibits thereto unless such exhibits are specifically
incorporated by reference into such information) that has been incorporated by reference
into this Registration Statement but not delivered herewith. Requests should be directed
to Investor Relations Department, First Indiana Corporation, 135 North Pennsylvania
Street, Indianapolis, Indiana 46204, (317) 269-1614.
ITEM 4.  DESCRIPTION
OF SECURITIES.
Not
applicable.
ITEM 5.  INTERESTS OF
NAMED EXPERTS AND COUNSEL.
Certain
legal matters with respect to the Class A Common Stock offered hereby will be passed on
for First Indiana Corporation by Bose McKinney & Evans LLP, Indianapolis, Indiana. David
A. Butcher, a partner in Bose McKinney & Evans LLP, is the corporate secretary of First
Indiana Corporation.
ITEM 6.
 INDEMNIFICATION OF DIRECTORS AND OFFICERS.
First
Indiana Corporation is an Indiana corporation. Chapter 37 of The Indiana Business
Corporation Law (the "IBCL") requires a corporation, unless its articles of incorporation
provide otherwise, to indemnify a director or an
officer of the corporation who is
wholly successful, on the merits or otherwise, in the defense of any threatened, pending
or completed action, suit or proceeding, whether civil, criminal, administrative or
investigative and whether formal or informal, against reasonable expenses, including
counsel fees, incurred in connection with the proceeding. The First Indiana Corporation
Articles of Incorporation do not contain any provision prohibiting such indemnification.
The
IBCL also permits a corporation to indemnify a director, officer, employee or agent who
is made a party to a proceeding because the person was a director, officer, employee or
agent of the corporation against liability incurred in the proceeding if (i) the
individual's conduct was in good faith and (ii) the individual reasonably believed (A) in
the case of conduct in the individual `s official capacity with the corporation that the
conduct was in the corporation's best interests and (B) in all other cases that the
individual's conduct was at least not opposed to the corporation's best interests and
(iii) in the case of a criminal proceeding, the individual either (A) had reasonable
cause to believe the individual's conduct was lawful or (B) had no reasonable cause to
believe the individual's conduct was unlawful. The First Indiana Corporation bylaws
contain a provision substantially identical to this IBCL provision. The IBCL also permits
a corporation to pay for or reimburse reasonable expenses incurred before the final
disposition of the proceeding and permits a court of competent jurisdiction to order a
corporation to indemnify a director or officer if the court determines that the person is
fairly and reasonably entitled to indemnification in view of all the relevant
circumstances, whether or not the person met the standards for indemnification otherwise
provided in the IBCL.
First
Indiana Corporation has in effect a policy of liability insurance covering its directors
and officers.
ITEM 7.  EXEMPTION
FROM REGISTRATION CLAIMED.
Not
applicable.
ITEM 8.  EXHIBITS.
5
Opinion and
      consent of Bose McKinney & Evans LLP regarding the legality of the securities
      being registered.
23.1
Consent of
      KPMG LLP.
23.2
Consent of
      Bose McKinney & Evans LLP (included in Exhibit 5).
24
Powers of
      Attorney.
ITEM 9.  UNDERTAKINGS.
A.
The
undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:
(i)
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the
registration statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set
forth in the registration statement; notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of securities offered
would not exceed that which was registered) and any deviation from the low or high end of
the estimated maximum offering range may be reflected in the form of a prospectus filed
with the Commission pursuant to Rule 424(b) (Section 230.424(b) of 17 C.F.R.) if, in the
aggregate, the changes in volume and price represent no more than a 20% change in the
maximum aggregate offering price set forth in the "Calculation of Registration Fee" table
in the effective registration statement;
(iii)
To include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to such
information in the registration statement;
PROVIDED, HOWEVER, that paragraphs
(A)(1)(i) and (A)(1)(ii) do not apply if the registration statement is on Form S-3, Form
S-8 or Form F-3, and the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or furnished to
the Commission by the registrant pursuant to section 13 or section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in the registration
statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each
such post-effective amendment shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(4)
If the registrant is a foreign private issuer, to file a post-effective amendment to the
registration statement to include any financial statements required by Rule 3-19 to
Regulation S-X at the start of any delayed offering or throughout a continuous offering.
B. The undersigned registrant hereby
undertakes that, for purposes of determining any liability under the Securities Act of
1933, each filing of the registrant's annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to section 15(d) of the Securities
Exchange Act of 1934) that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.
C. Insofar as indemnification for
liabilities arising under the Securities Act of 1933 may be permitted to directors,
officers and controlling persons of the registrant pursuant to the foregoing provisions,
or otherwise, the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred or paid
by a director, officer or controlling person of the registrant in the successful defense
of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent, submit
to a court of appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in Indianapolis, Indiana, on October 1, 2004.
FIRST INDIANA CORPORATION
By:
/s/ William J. Brunner
William J. Brunner
Vice President, Chief Financial Officer
and Treasurer
Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been
signed on October 1, 2004, by the following persons in the capacities indicated.
SIGNATURE
TITLE
Marni McKinney*
Marni McKinney
Director, Vice Chairman of the Board and Chief
      Executive Officer
(Principal Executive Officer)
/s/ William J. Brunner
William J. Brunner
Vice President, Chief Financial Officer and
      Treasurer
(Principal Financial Officer and Principal Accounting Officer)
Robert H. McKinney*
Robert H. McKinney
Director and Chairman of the Board
Robert H. Warrington*
Robert H. Warrington
Director and President
Gerald L. Bepko*
Gerald L. Bepko
Director
Anat Bird
Director
Pedro P. Granadillo*
Pedro P. Granadillo
Director
William G. Mays
Director
Phyllis W. Minott*
Phyllis W. Minott
Director
Michael L. Smith
Director
* By:
/s/ William J. Brunner
William J. Brunner
Attorney-in-Fact