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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): April 10, 2009</B>

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<P align="center" style="font-size: 24pt"><B>THE NATIONAL BANK OF INDIANAPOLIS CORPORATION<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
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    <TD style="border-bottom: 1px solid #000000"><B>Indiana</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>000-21671</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>35-1887991</B></TD>
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    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>107 North Pennsylvania Street, Suite 700<BR>Indianapolis, Indiana<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>46204</B></TD>
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    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(317) 261-9000</B>


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    <TD nowrap>(Former name or former address if changed since last report.)</TD>
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<P align="left" style="font-size: 10pt">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:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="justify" style="font-size: 10pt"><B>Item&nbsp;5.02. </B><U><B>Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers;
Compensatory Arrangements of Certain Officers</B></U><B>.</B>


<P align="justify" style="font-size: 10pt">(e)&nbsp;On April&nbsp;10, 2009, the Compensation Committee of The National Bank of Indianapolis Corporation (the &#147;Company&#148;)
approved the terms and conditions for the 2009 Incentive Bonus Plan, the 2009 Discretionary Bonus Plan, and the 2009
Top Management Bonus Plan. Following is a description of such plans.


<P align="justify" style="font-size: 10pt"><U><B>2009 Incentive Bonus Plan</B></U>


<P align="justify" style="font-size: 10pt">All employees of the Company and The National Bank of Indianapolis (the &#147;Bank&#148;), its wholly-owned subsidiary, are
eligible to participate in the 2009 Incentive Bonus Plan. To be eligible to receive awards under the 2009 Incentive
Bonus Plan, an individual must be employed by the Company or the Bank at December&nbsp;31, 2009. Under the terms of the
2008 Incentive Bonus Plan, all participating employees will receive a specified percentage of their annual salary,
depending upon the net income of the Bank. The maximum amount that an individual may receive under the 2009 Incentive
Bonus Plan would be an amount equal to 24% of that individual&#146;s annual salary. Under the terms of the 2009 Incentive
Bonus Plan, all individuals will receive the same percentage of their annual salary as the bonus payment.


<P align="justify" style="font-size: 10pt"><U><B>2009 Discretionary Bonus Plan</B></U>


<P align="justify" style="font-size: 10pt">The 2009 Discretionary Bonus Plan is used to reward individuals who have provided performance critical to the success
of the Company and the Bank, and to keep compensation amounts competitive by supplementing the amounts received under
the 2009 Incentive Bonus Plan. The individuals who are eligible to receive a bonus payment pursuant to this Plan and
the amount of any bonus awarded under this Plan are determined by the Compensation Committee, after considering
recommendations by Morris L. Maurer, the President of the Company and the Bank, and Philip B. Roby, the Executive Vice
President and Chief Operating Officer of the Company and the Bank. Neither Mr.&nbsp;Maurer, Mr.&nbsp;Roby, Debra L. Ross (Senior
Vice President and Chief Financial Officer of the Company and the Bank), Mark E. Bruin (Senior Vice President and Chief
Client Officer of the Bank), nor Terry K. Scott (First Vice President and Chief Credit Officer) are eligible to
participate in the 2009 Discretionary Bonus Plan. The aggregate amount of bonus payments which can be made under this
plan is $101,000. Awards under the 2009 Discretionary Bonus Plan are not subject to a formula payout (unlike the 2009
Incentive Bonus Plan).


<P align="justify" style="font-size: 10pt"><U><B>2009 Top Management Discretionary Bonus Plan</B></U>


<P align="justify" style="font-size: 10pt">The only individuals who are eligible to participate in the 2009 Top Management Discretionary Bonus Plan are Morris L.
Maurer, Philip B. Roby, Debra L. Ross, Mark E. Bruin, and Terry K. Scott.

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<P align="center" style="font-size: 10pt; display: none">2
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<P align="justify" style="font-size: 10pt">Awards under this Plan are made in the discretion of the Compensation Committee and are not subject to a formula
payout. Although the Compensation Committee did not establish specific performance goals under the terms of this Plan,
in determining awards under this Plan the Compensation Committee will consider matters such as annual growth in total
assets, loans, assets under management, net income and earnings per share; employee turnover; client retention;
accomplishments in marketing; asset liability management; operations; technology; facilities; credit quality; human
resources; organization; comments from the independent auditors; the nature of the audit opinion; and, results of
regulatory examinations.


<P align="justify" style="font-size: 10pt">Under the terms of the 2009 Top Management Discretionary Bonus Plan, Mr.&nbsp;Maurer may receive an amount equal to up to
20% of his base salary; and Mr.&nbsp;Roby, Ms.&nbsp;Ross, Mr.&nbsp;Bruin, and Mr.&nbsp;Scott each may receive an amount equal to up to 15%
of their respective base salary. The aggregate amount which may be paid as a bonus under this Plan for all
participants is $204,000.


<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>



<P align="justify" style="font-size: 10pt; text-indent: 4%">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.


<P align="justify" style="font-size: 10pt; text-indent: 4%">Date: April&nbsp;16, 2009


<P align="justify" style="font-size: 10pt; margin-left: 45%; font-size: 10pt"><B>THE NATIONAL BANK OF INDIANAPOLIS CORPORATION</B>


<P align="justify" style="font-size: 10pt; margin-left: 45%; font-size: 10pt">By: <U><B>/</B>s/ Debra L. Ross&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Debra L. Ross<BR>
Chief Financial Officer<BR>


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<P align="center" style="font-size: 10pt; display: none">3




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Form 8-K
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): April 10, 2009
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 5.02.
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers;
Compensatory Arrangements of Certain Officers
.
(e) On April 10, 2009, the Compensation Committee of The National Bank of Indianapolis Corporation (the "Company")
approved the terms and conditions for the 2009 Incentive Bonus Plan, the 2009 Discretionary Bonus Plan, and the 2009
Top Management Bonus Plan. Following is a description of such plans.
2009 Incentive Bonus Plan
All employees of the Company and The National Bank of Indianapolis (the "Bank"), its wholly-owned subsidiary, are
eligible to participate in the 2009 Incentive Bonus Plan. To be eligible to receive awards under the 2009 Incentive
Bonus Plan, an individual must be employed by the Company or the Bank at December 31, 2009. Under the terms of the
2008 Incentive Bonus Plan, all participating employees will receive a specified percentage of their annual salary,
depending upon the net income of the Bank. The maximum amount that an individual may receive under the 2009 Incentive
Bonus Plan would be an amount equal to 24% of that individual's annual salary. Under the terms of the 2009 Incentive
Bonus Plan, all individuals will receive the same percentage of their annual salary as the bonus payment.
2009 Discretionary Bonus Plan
The 2009 Discretionary Bonus Plan is used to reward individuals who have provided performance critical to the success
of the Company and the Bank, and to keep compensation amounts competitive by supplementing the amounts received under
the 2009 Incentive Bonus Plan. The individuals who are eligible to receive a bonus payment pursuant to this Plan and
the amount of any bonus awarded under this Plan are determined by the Compensation Committee, after considering
recommendations by Morris L. Maurer, the President of the Company and the Bank, and Philip B. Roby, the Executive Vice
President and Chief Operating Officer of the Company and the Bank. Neither Mr. Maurer, Mr. Roby, Debra L. Ross (Senior
Vice President and Chief Financial Officer of the Company and the Bank), Mark E. Bruin (Senior Vice President and Chief
Client Officer of the Bank), nor Terry K. Scott (First Vice President and Chief Credit Officer) are eligible to
participate in the 2009 Discretionary Bonus Plan. The aggregate amount of bonus payments which can be made under this
plan is $101,000. Awards under the 2009 Discretionary Bonus Plan are not subject to a formula payout (unlike the 2009
Incentive Bonus Plan).
2009 Top Management Discretionary Bonus Plan
The only individuals who are eligible to participate in the 2009 Top Management Discretionary Bonus Plan are Morris L.
Maurer, Philip B. Roby, Debra L. Ross, Mark E. Bruin, and Terry K. Scott.
Awards under this Plan are made in the discretion of the Compensation Committee and are not subject to a formula
payout. Although the Compensation Committee did not establish specific performance goals under the terms of this Plan,
in determining awards under this Plan the Compensation Committee will consider matters such as annual growth in total
assets, loans, assets under management, net income and earnings per share; employee turnover; client retention;
accomplishments in marketing; asset liability management; operations; technology; facilities; credit quality; human
resources; organization; comments from the independent auditors; the nature of the audit opinion; and, results of
regulatory examinations.
Under the terms of the 2009 Top Management Discretionary Bonus Plan, Mr. Maurer may receive an amount equal to up to
20% of his base salary; and Mr. Roby, Ms. Ross, Mr. Bruin, and Mr. Scott each may receive an amount equal to up to 15%
of their respective base salary. The aggregate amount which may be paid as a bonus under this Plan for all
participants is $204,000.
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: April 16, 2009
THE NATIONAL BANK OF INDIANAPOLIS CORPORATION
By:
/
s/ Debra L. Ross
Debra L. Ross
Chief Financial Officer