Ameriana Bancorp, a bank holding company for Ameriana Bank, announced that its chief risk officer, Timothy Clark, has declared his intention to retire from the company and the bank, effective March 11.

Since July 2012, Clark has been responsible for the development of risk management solutions to measure, monitor, and support Ameriana's enterprise risk management program. Clark joined Ameriana in 1997 as chief operating officer.

He previously held the position of regional executive and area president at National City Bank of Indiana, and before that held senior management positions with Central National Bank and Hancock Bank & Trust.