The man walked into the bank, displayed a dark-colored handgun and demanded money from one of the two tellers working. Once he received the undisclosed amount of money, he left heading eastward on foot.
The suspect was described as being a middle-aged white male, between 5'8 and 5'10. He was last seen wearing a khaki-colored baseball cap, sunglasses, a blue sweatshirt, blue pants and light-colored sneakers, as well as a light-colored scarf over his face.
Clay County Sheriff's Department, Owen County Sheriff's Department, Indiana State Police and the local FBI office are all working together in the investigation.
Watts encouraged community members to call the Indiana State Police or the local police department if they have any information or saw anyone fitting the suspect's description going in or coming out of the bank Tuesday morning.
No customers were in the bank and neither teller was injured during of the robbery.