UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 13F
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FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2008
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: TERRY L BLAKER
Address: 200 EAST JACKSON STREET
MUNCIE, IN 47305
13F File Number: 28-
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person signing this Report on Behalf of Reporting Manager:
Name: Terry L Blaker
Title: Senior Vice President
Phone: (765) 747-1570
Signature, Place, and Date of Signing:
Terry L Blaker Muncie, IN April 4, 2008
Report Type (Check only one.):
[X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 226
Form 13F Information Table Value Total: $251,663,000
List of Other Included Managers:
None
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ACCENTURE LTD CLASS A COM G1150G111 1028 27045 SH SOLE 26645 300 100
ACCENTURE LTD CLASS A COM G1150G111 25 650 SH DEFINED 650 0 0
INGERSOLL RAND CL A COM G4776G101 2685 86175 SH SOLE 84825 900 450
INGERSOLL RAND CL A COM G4776G101 117 3755 SH DEFINED 3755 0 0
TRANSOCEAN COM G90073100 288 2622 SH SOLE 2343 279 0
TRANSOCEAN COM G90073100 7 68 SH DEFINED 68 0 0
AFLAC INC COM 001055102 226 3850 SH SOLE 3825 25 0
AT&T INC COM 00206R102 3094 110855 SH SOLE 110373 50 432
AT&T INC COM 00206R102 239 8565 SH DEFINED 5180 0 3385
ABBOTT LABS COM 002824100 4390 76235 SH SOLE 74885 1050 300
ABBOTT LABS COM 002824100 352 6111 SH DEFINED 5511 0 600
ALBERTO CULVER CO NEW COM 013078100 362 13280 SH SOLE 13280 0 0
ALBERTO CULVER CO NEW COM 013078100 8 300 SH DEFINED 300 0 0
ALCOA INC COM 013817101 513 22716 SH SOLE 21766 950 0
ALCOA INC COM 013817101 36 1575 SH DEFINED 1575 0 0
APACHE CORP COM 037411105 591 5665 SH SOLE 5265 400 0
APACHE CORP COM 037411105 10 100 SH DEFINED 100 0 0
AUTOMATIC DATA PROCESSING COM 053015103 5083 118911 SH SOLE 117211 1150 550
AUTOMATIC DATA PROCESSING COM 053015103 42 990 SH DEFINED 990 0 0
BB & T CORPORATION COM 054937107 485 12830 SH SOLE 12830 0 0
BB & T CORPORATION COM 054937107 78 2075 SH DEFINED 1075 0 1000
BP PLC - SPONS ADR 055622104 3590 71577 SH SOLE 70902 375 300
BP PLC - SPONS ADR 055622104 1623 32356 SH DEFINED 21839 0 10517
BALL CORP COM 058498106 2174 55071 SH SOLE 55071 0 0
BANK OF AMERICA CORP COM 060505104 2729 77966 SH SOLE 76666 600 700
BANK OF AMERICA CORP COM 060505104 154 4400 SH DEFINED 2900 0 1500
BANK OF NEW YORK MELLON CORP COM 064058100 568 17441 SH SOLE 16791 550 100
BANK OF NEW YORK MELLON CORP COM 064058100 5 160 SH DEFINED 160 0 0
BAXTER INTERNATIONAL INC COM 071813109 1074 16365 SH SOLE 16365 0 0
BAXTER INTERNATIONAL INC COM 071813109 5 70 SH DEFINED 70 0 0
BED BATH & BEYOND COM 075896100 484 15425 SH SOLE 15425 0 0
BED BATH & BEYOND COM 075896100 34 1070 SH DEFINED 1070 0 0
BEST BUY COMPANY INC COM 086516101 960 25612 SH SOLE 25362 250 0
BEST BUY COMPANY INC COM 086516101 38 1015 SH DEFINED 1015 0 0
CATERPILLAR INC. COM 149123101 1668 27988 SH SOLE 27338 650 0
CATERPILLAR INC. COM 149123101 21 356 SH DEFINED 356 0 0
CHEVRON CORP COM 166764100 7203 87344 SH SOLE 86019 825 500
CHEVRON CORP COM 166764100 311 3775 SH DEFINED 2975 0 800
CHUBB CORP COM 171232101 854 15562 SH SOLE 15562 0 0
CHUBB CORP COM 171232101 31 560 SH DEFINED 560 0 0
CISCO SYSTEMS COM 17275R102 2601 115360 SH SOLE 113860 1100 400
CISCO SYSTEMS COM 17275R102 38 1695 SH DEFINED 1695 0 0
CITY NATIONAL COM 178566105 559 10300 SH SOLE 9950 350 0
CITY NATIONAL COM 178566105 66 1210 SH DEFINED 1210 0 0
COCA COLA CO COM 191216100 1373 25964 SH SOLE 25964 0 0
COCA COLA CO COM 191216100 127 2400 SH DEFINED 2400 0 0
COLGATE PALMOLIVE CO COM 194162103 1646 21851 SH SOLE 20901 850 100
COLGATE PALMOLIVE CO COM 194162103 139 1850 SH DEFINED 250 0 1600
CONOCOPHILLIPS COM 20825C104 3155 43073 SH SOLE 42023 900 150
CONOCOPHILLIPS COM 20825C104 121 1650 SH DEFINED 1650 0 0
COVANCE INC COM 222816100 1190 13460 SH SOLE 12660 700 100
COVANCE INC COM 222816100 42 475 SH DEFINED 475 0 0
CULLEN FROST BANKERS COM 229899109 251 4175 SH SOLE 3875 300 0
CULLEN FROST BANKERS COM 229899109 34 560 SH DEFINED 560 0 0
DNP SELECT INCOME FUND 23325P104 683 72939 SH SOLE 70909 1030 1000
DNP SELECT INCOME FUND 23325P104 96 10210 SH DEFINED 10210 0 0
DANAHER CORP COM 235851102 1327 19115 SH SOLE 18415 600 100
DANAHER CORP COM 235851102 56 800 SH DEFINED 800 0 0
DEERE & CO COM 244199105 415 8385 SH SOLE 7685 700 0
DEERE & CO COM 244199105 27 550 SH DEFINED 550 0 0
DISNEY WALT COMPANY COM 254687106 1917 62495 SH SOLE 62420 75 0
DISNEY WALT COMPANY COM 254687106 9 300 SH DEFINED 300 0 0
DOW CHEM CO COM 260543103 1522 47900 SH SOLE 47050 600 250
DOW CHEM CO COM 260543103 52 1650 SH DEFINED 750 0 900
DU PONT E I DE NEMOURS COM 263534109 825 20477 SH SOLE 19727 750 0
DU PONT E I DE NEMOURS COM 263534109 19 470 SH DEFINED 470 0 0
EMERSON ELEC CO COM 291011104 4260 104431 SH SOLE 103231 800 400
EMERSON ELEC CO COM 291011104 214 5240 SH DEFINED 3240 0 2000
ENDO PHARM HLDG INC COM 29264F205 420 20990 SH SOLE 20490 400 100
ENDO PHARM HLDG INC COM 29264F205 7 340 SH DEFINED 340 0 0
EXELON CORP COM 30161N101 743 11866 SH SOLE 11866 0 0
EXELON CORP COM 30161N101 38 600 SH DEFINED 600 0 0
EXXON MOBIL CORP COM 30231G102 9892 127398 SH SOLE 125998 950 450
EXXON MOBIL CORP COM 30231G102 1182 15219 SH DEFINED 13171 0 2048
FPL GROUP INC COM 302571104 1257 25000 SH SOLE 24000 1000 0
FPL GROUP INC COM 302571104 166 3300 SH DEFINED 1300 0 2000
FIRST MERCHANTS CORP COM 320817109 2715 119113 SH SOLE 118011 1102 0
FIRST MERCHANTS CORP COM 320817109 309 13563 SH DEFINED 13563 0 0
GENERAL ELECTRIC CO COM 369604103 6623 259737 SH SOLE 256037 2250 1450
GENERAL ELECTRIC CO COM 369604103 575 22550 SH DEFINED 14450 0 8100
GRACO INC COM 384109104 1023 28735 SH SOLE 28735 0 0
GRACO INC COM 384109104 15 425 SH DEFINED 425 0 0
HARRIS CORP DEL COM 413875105 1201 26000 SH SOLE 25450 550 0
HARRIS CORP DEL COM 413875105 23 495 SH DEFINED 495 0 0
HARSCO CORP COM 415864107 866 23300 SH SOLE 23300 0 0
HEINZ H J CO COM 423074103 172 3450 SH SOLE 3450 0 0
HEINZ H J CO COM 423074103 75 1500 SH DEFINED 0 0 1500
HEWLETT PACKARD CO COM 428236103 2976 64354 SH SOLE 63954 0 400
HEWLETT PACKARD CO COM 428236103 168 3625 SH DEFINED 3625 0 0
INTEL CORP COM 458140100 3533 188745 SH SOLE 185445 2700 600
INTEL CORP COM 458140100 153 8150 SH DEFINED 7150 0 1000
INTL BUSINESS MACHINES CORP COM 459200101 2738 23408 SH SOLE 22908 350 150
INTL BUSINESS MACHINES CORP COM 459200101 48 410 SH DEFINED 410 0 0
ISHARES LEHMAN AGGREGATE BOND FUND 464287226 315 3200 SH SOLE 3200 0 0
MSCI EMERGING MARKET INDEX 464287234 220 6450 SH SOLE 6450 0 0
MSCI EAFE INDEX SHARES 464287465 4999 88805 SH SOLE 86275 1520 1010
MSCI EAFE INDEX SHARES 464287465 129 2298 SH DEFINED 2298 0 0
BIOTECHNOLOGY I SHARES COM 464287556 1927 23680 SH SOLE 23005 625 50
BIOTECHNOLOGY I SHARES COM 464287556 36 440 SH DEFINED 440 0 0
S&P 400 MIDCAP GROWTH ISHARES 464287606 969 12920 SH SOLE 12920 0 0
S&P 400 MIDCAP GROWTH ISHARES 464287606 42 564 SH DEFINED 564 0 0
ISHARES RUSSELL 2000 I SHARES 464287655 916 13467 SH SOLE 12877 420 170
ISHARES RUSSELL 2000 I SHARES 464287655 19 285 SH DEFINED 285 0 0
S&P 400 MIDCAP VALUE ISHARES 464287705 1013 14739 SH SOLE 14739 0 0
S&P 400 MIDCAP VALUE ISHARES 464287705 44 645 SH DEFINED 645 0 0
I SHARES S&P SMALL CAP 600 COM 464287804 1352 22720 SH SOLE 21957 427 336
I SHARES S&P SMALL CAP 600 COM 464287804 81 1356 SH DEFINED 1356 0 0
S&P 600 SMALL CAP VALUE ISHARES 464287879 538 8273 SH SOLE 8273 0 0
S&P 600 SMALL CAP VALUE ISHARES 464287879 33 500 SH DEFINED 500 0 0
S&P 600 SMALL CAP GROWTH ISHARES 464287887 576 9385 SH SOLE 9385 0 0
S&P 600 SMALL CAP GROWTH ISHARES 464287887 32 528 SH DEFINED 528 0 0
J P MORGAN CHASE & CO COM 46625H100 6250 133832 SH SOLE 133032 200 600
J P MORGAN CHASE & CO COM 46625H100 672 14382 SH DEFINED 14382 0 0
JARDEN CORPORATION COM 471109108 240 10255 SH SOLE 10255 0 0
JOHNSON & JOHNSON COM 478160104 7148 103174 SH SOLE 101824 1150 200
JOHNSON & JOHNSON COM 478160104 658 9491 SH DEFINED 6691 0 2800
JOHNSON CTLS INC COM 478366107 1646 54275 SH SOLE 53225 900 150
JOHNSON CTLS INC COM 478366107 8 250 SH DEFINED 250 0 0
KELLOGG CO COM 487836108 328 5840 SH SOLE 5840 0 0
KIMBERLY CLARK CORP COM 494368103 2314 35695 SH SOLE 34945 500 250
KIMBERLY CLARK CORP COM 494368103 68 1050 SH DEFINED 1050 0 0
KOHL'S CORP COM 500255104 1139 24717 SH SOLE 24117 500 100
KOHL'S CORP COM 500255104 48 1050 SH DEFINED 1050 0 0
LABORATORY CORP COM 50540R409 335 4825 SH SOLE 4825 0 0
LABORATORY CORP COM 50540R409 9 125 SH DEFINED 125 0 0
LILLY ELI & CO COM 532457108 4986 113276 SH SOLE 112876 100 300
LILLY ELI & CO COM 532457108 73 1650 SH DEFINED 1650 0 0
LINCOLN NATL CORP IND COM 534187109 429 10031 SH SOLE 9731 300 0
LINCOLN NATL CORP IND COM 534187109 26 600 SH DEFINED 600 0 0
LOWE'S COMPANIES INC COM 548661107 4212 177880 SH SOLE 175430 1850 600
LOWE'S COMPANIES INC COM 548661107 102 4315 SH DEFINED 3915 0 400
MASCO CORP COM 574599106 871 48595 SH SOLE 48095 100 400
MASCO CORP COM 574599106 30 1685 SH DEFINED 1685 0 0
MCDONALDS CORP COM 580135101 771 12495 SH SOLE 12495 0 0
MCDONALDS CORP COM 580135101 99 1610 SH DEFINED 1610 0 0
MEDTRONIC INCORPORATED COM 585055106 2229 44502 SH SOLE 43427 875 200
MEDTRONIC INCORPORATED COM 585055106 36 725 SH DEFINED 725 0 0
MICROSOFT CORPORATION COM 594918104 5095 190951 SH SOLE 189101 1650 200
MICROSOFT CORPORATION COM 594918104 239 8940 SH DEFINED 7940 0 1000
MICROCHIP TECHNOLOGY COM 595017104 1557 52910 SH SOLE 51410 1300 200
MICROCHIP TECHNOLOGY COM 595017104 86 2925 SH DEFINED 2925 0 0
S&P 400 MIDCAP SPDR 595635103 5686 43144 SH SOLE 42555 342 247
S&P 400 MIDCAP SPDR 595635103 216 1639 SH DEFINED 1639 0 0
NORTHERN TR CORP COM 665859104 1010 13990 SH SOLE 13800 150 40
NORTHERN TR CORP COM 665859104 16 215 SH DEFINED 215 0 0
NORTHROP GRUMMAN CORP COM 666807102 92 1520 SH SOLE 1520 0 0
NORTHROP GRUMMAN CORP COM 666807102 1228 20290 SH DEFINED 20290 0 0
NVIDIA CORP COM 67066G104 775 72340 SH SOLE 70615 1600 125
NVIDIA CORP COM 67066G104 15 1425 SH DEFINED 1425 0 0
NUVEEN MUNI DIVIDEND ADVISOR 67070X101 121 10980 SOLE 10980 0 0
NUVEEN MUNI DIVIDEND ADVISOR 67070X101 18 1600 DEFINED 1600 0 0
OLD NATIONAL BANCORP COM 680033107 493 24649 SH SOLE 24649 0 0
ORACLE CORP COM 68389X105 1273 62715 SH SOLE 61565 1000 150
ORACLE CORP COM 68389X105 62 3070 SH DEFINED 3070 0 0
PEPSICO INC 713448108 7575 106288 SH SOLE 104688 1100 500
PEPSICO INC 713448108 432 6055 SH DEFINED 6055 0 0
PFIZER INC COM 717081103 1227 66590 SH SOLE 66190 200 200
PFIZER INC COM 717081103 65 3500 SH DEFINED 2500 0 1000
PHILLIP MORRIS INTL INC COM 718172109 10 200 SH SOLE 200 0 0
PHILLIP MORRIS INTL INC COM 718172109 250 5195 SH DEFINED 2195 0 3000
T. ROWE PRICE GROUP INC COM 74144T108 1209 22506 SH SOLE 22456 0 50
T. ROWE PRICE GROUP INC COM 74144T108 24 450 SH DEFINED 450 0 0
PRINCIPAL FINANCIAL GROUP COM 74251V102 907 20855 SH SOLE 20355 450 50
PRINCIPAL FINANCIAL GROUP COM 74251V102 17 390 SH DEFINED 390 0 0
PROCTER & GAMBLE CO COM 742718109 6934 99505 SH SOLE 98405 850 250
PROCTER & GAMBLE CO COM 742718109 436 6260 SH DEFINED 3260 0 3000
ROBERT HALF INTERNATIONAL COM 770323103 549 22195 SH SOLE 22195 0 0
ROBERT HALF INTERNATIONAL COM 770323103 11 445 SH DEFINED 445 0 0
S&P 500 INDEX SPDR ETF 78462F103 1418 12229 SH SOLE 12229 0 0
SPDR MSCI ALL-COUNTRY WORLD EX-US INDEX ETF 78463X848 2572 86179 SH SOLE 86179 0 0
LEHMAN INTL TREASURY BD SPDR 78464A516 803 15479 SH SOLE 15479 0 0
LEHMAN INTL TREASURY BD SPDR 78464A516 16 305 SH DEFINED 305 0 0
HENRY SCHEIN INCORPORATED COM 806407102 201 3735 SH SOLE 3685 0 50
SCHLUMBERGER LTD COM 806857108 6127 78465 SH SOLE 77435 630 400
SCHLUMBERGER LTD COM 806857108 168 2154 SH DEFINED 2154 0 0
MATERIALS SELECT SECTOR SPDR COM 81369Y100 633 18950 SH SOLE 18770 80 100
MATERIALS SELECT SECTOR SPDR COM 81369Y100 16 465 SH DEFINED 465 0 0
SECTOR SPDR HEALTH CARE COM 81369Y209 240 8000 SH SOLE 8000 0 0
SECTOR SPDR UTILITIES COM 81369Y886 478 14385 SH SOLE 14310 0 75
SECTOR SPDR UTILITIES COM 81369Y886 11 330 SH DEFINED 330 0 0
THE J.M. SMUCKER COMPANY COM 832696405 395 7794 SH SOLE 7544 200 50
THE J.M. SMUCKER COMPANY COM 832696405 11 215 SH DEFINED 215 0 0
SOUTHERN CO COM 842587107 1686 44735 SH SOLE 44485 50 200
SOUTHERN CO COM 842587107 195 5180 SH DEFINED 4480 0 700
STAPLES INC COM 855030102 2343 104154 SH SOLE 102254 1600 300
STAPLES INC COM 855030102 78 3445 SH DEFINED 3445 0 0
STRYKER CORP COM 863667101 1510 24249 SH SOLE 23549 700 0
STRYKER CORP COM 863667101 16 250 SH DEFINED 250 0 0
SUPERVALU INC COM 868536103 243 11195 SH SOLE 11120 75 0
SUPERVALU INC COM 868536103 37 1695 SH DEFINED 1695 0 0
SYSCO CORP COM 871829107 4131 134044 SH SOLE 131794 2050 200
SYSCO CORP COM 871829107 170 5500 SH DEFINED 5500 0 0
TARGET CORP COM 87612E106 1226 25005 SH SOLE 25005 0 0
TEVA PHARMACEUTICAL ADR 881624209 802 17525 SH SOLE 17025 500 0
TEVA PHARMACEUTICAL ADR 881624209 65 1425 SH DEFINED 1425 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 690 12550 SH SOLE 12050 500 0
3M COMPANY COM 88579Y101 925 13541 SH SOLE 13291 250 0
3M COMPANY COM 88579Y101 208 3050 SH DEFINED 850 0 2200
US BANCORP DEL COM 902973304 4014 111428 SH SOLE 109178 1800 450
US BANCORP DEL COM 902973304 98 2720 SH DEFINED 1720 0 1000
UNITED PARCEL SERVICE COM 911312106 249 3955 SH SOLE 3955 0 0
UNITED PARCEL SERVICE COM 911312106 63 1000 SH DEFINED 1000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 6833 113762 SH SOLE 112162 1100 500
UNITED TECHNOLOGIES CORP COM 913017109 93 1555 SH DEFINED 1555 0 0
VF CORP COM 918204108 338 4375 SH SOLE 4050 225 100
VF CORP COM 918204108 6 75 SH DEFINED 75 0 0
VANGUARD TELECOM SERVICE ETF COM 92204A884 312 5852 SH SOLE 5552 300 0
VANGUARD TELECOM SERVICE ETF COM 92204A884 9 170 SH DEFINED 170 0 0
VNGRD FTSE ALLWORLD EXUS ETF 922042775 2080 49019 SH SOLE 49019 0 0
VECTREN CORP COM 92240G101 2292 82334 SH SOLE 80884 1250 200
VECTREN CORP COM 92240G101 167 5983 SH DEFINED 4218 0 1765
VERIZON COMMUNICATIONS INC COM 92343V104 2164 67434 SH SOLE 66634 550 250
VERIZON COMMUNICATIONS INC COM 92343V104 74 2292 SH DEFINED 2292 0 0
WAL MART STORES INC COM 931142103 4020 67137 SH SOLE 66537 300 300
WAL MART STORES INC COM 931142103 237 3955 SH DEFINED 3955 0 0
WALGREEN COMPANY COM 931422109 272 8787 SH SOLE 8737 50 0
WALGREEN COMPANY COM 931422109 22 700 SH DEFINED 700 0 0
WELLS FARGO & CO COM 949746101 7834 208796 SH SOLE 206296 1500 1000
WELLS FARGO & CO COM 949746101 320 8525 SH DEFINED 6125 0 2400
WEYERHAEUSER CO COM 962166104 1860 30695 SH SOLE 30595 0 100
WEYERHAEUSER CO COM 962166104 6 100 SH DEFINED 100 0 0
WYETH COM 983024100 1695 45891 SH SOLE 45491 0 400
WYETH COM 983024100 111 3010 SH DEFINED 610 0 2400
ZIMMER HLDGS INC COM 98956P102 579 8964 SH SOLE 8639 325 0
ZIMMER HLDGS INC COM 98956P102 38 590 SH DEFINED 590 0 0
GRAND TOTALS 251663 5945393 5808088 58555 78750