UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------
FORM 13F
------------------------------
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 July 14, 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: 235
Form 13F Information Table Value Total: $269,552,000
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 993 24375 SH SOLE 23675 600 100
ACCENTURE LTD CLASS A COM G1150G111 26 650 SH DEFINED 650 0 0
INGERSOLL RAND CL A COM G4776G101 3208 85700 SH SOLE 84350 900 450
INGERSOLL RAND CL A COM G4776G101 141 3755 SH DEFINED 3755 0 0
TRANSOCEAN COM G90073100 442 2903 SH SOLE 2522 381 0
TRANSOCEAN COM G90073100 10 68 SH DEFINED 68 0 0
AT&T INC COM 00206R102 3637 107989 SH SOLE 107557 0 432
AT&T INC COM 00206R102 288 8565 SH DEFINED 5180 0 3385
ABBOTT LABS COM 002824100 4272 80655 SH SOLE 79110 1245 300
ABBOTT LABS COM 002824100 323 6102 SH DEFINED 5502 0 600
ALBERTO CULVER CO NEW COM 013078100 346 13180 SH SOLE 13180 0 0
ALBERTO CULVER CO NEW COM 013078100 8 300 SH DEFINED 300 0 0
ALCOA INC COM 013817101 1162 32637 SH SOLE 31087 1550 0
ALCOA INC COM 013817101 64 1810 SH DEFINED 1810 0 0
AMERICAN INTERNATIONAL GRP COM 026874107 245 9250 SH SOLE 9250 0 0
AMERICAN INTERNATIONAL GRP COM 026874107 37 1400 SH DEFINED 1400 0 0
APACHE CORP COM 037411105 759 5461 SH SOLE 5061 400 0
APACHE CORP COM 037411105 10 75 SH DEFINED 75 0 0
AUTOMATIC DATA PROCESSING COM 053015103 5012 119616 SH SOLE 117616 1450 550
AUTOMATIC DATA PROCESSING COM 053015103 41 990 SH DEFINED 990 0 0
BB & T CORPORATION COM 054937107 359 15755 SH SOLE 14455 300 1000
BB & T CORPORATION COM 054937107 24 1075 SH DEFINED 1075 0 0
BJ SERVICES CO COM 055482103 234 7340 SH SOLE 7340 0 0
BJ SERVICES CO COM 055482103 12 380 SH DEFINED 380 0 0
BP PLC - SPONS ADR 055622104 5588 80333 SH SOLE 79658 375 300
BP PLC - SPONS ADR 055622104 969 13936 SH DEFINED 3419 0 10517
BALL CORP COM 058498106 2682 56171 SH SOLE 56171 0 0
BANK OF AMERICA CORP COM 060505104 2443 102399 SH SOLE 100049 650 1700
BANK OF AMERICA CORP COM 060505104 32 1350 SH DEFINED 850 0 500
BANK OF NEW YORK MELLON CORPCOM 064058100 993 26251 SH SOLE 25601 550 100
BANK OF NEW YORK MELLON CORPCOM 064058100 23 602 SH DEFINED 602 0 0
BAXTER INTERNATIONAL INC COM 071813109 1226 19170 SH SOLE 19120 50 0
BAXTER INTERNATIONAL INC COM 071813109 9 145 SH DEFINED 145 0 0
BED BATH & BEYOND COM 075896100 436 15540 SH SOLE 15240 300 0
BED BATH & BEYOND COM 075896100 30 1070 SH DEFINED 1070 0 0
BEST BUY COMPANY INC COM 086516101 1038 26219 SH SOLE 25969 250 0
BEST BUY COMPANY INC COM 086516101 40 1015 SH DEFINED 1015 0 0
CATERPILLAR INC. COM 149123101 2125 28788 SH SOLE 28138 650 0
CATERPILLAR INC. COM 149123101 7 100 SH DEFINED 100 0 0
CHEVRON CORP COM 166764100 9531 96152 SH SOLE 93977 875 1300
CHEVRON CORP COM 166764100 316 3190 SH DEFINED 3190 0 0
CHUBB CORP COM 171232101 749 15282 SH SOLE 15102 180 0
CHUBB CORP COM 171232101 27 560 SH DEFINED 560 0 0
CISCO SYSTEMS COM 17275R102 2720 117010 SH SOLE 115510 1100 400
CISCO SYSTEMS COM 17275R102 39 1695 SH DEFINED 1695 0 0
CITY NATIONAL COM 178566105 539 12825 SH SOLE 12265 560 0
CITY NATIONAL COM 178566105 9 210 SH DEFINED 210 0 0
COCA COLA CO COM 191216100 1398 26899 SH SOLE 26899 0 0
COCA COLA CO COM 191216100 125 2400 SH DEFINED 2400 0 0
COLGATE PALMOLIVE CO COM 194162103 1586 22951 SH SOLE 22001 850 100
COLGATE PALMOLIVE CO COM 194162103 128 1850 SH DEFINED 250 0 1600
CONOCOPHILLIPS COM 20825C104 4704 49837 SH SOLE 48787 900 150
CONOCOPHILLIPS COM 20825C104 224 2375 SH DEFINED 2375 0 0
COVANCE INC COM 222816100 1180 13715 SH SOLE 12915 700 100
COVANCE INC COM 222816100 41 475 SH DEFINED 475 0 0
CULLEN FROST BANKERS COM 229899109 192 3850 SH SOLE 3400 450 0
CULLEN FROST BANKERS COM 229899109 8 160 SH DEFINED 160 0 0
DNP SELECT INCOME FUND 23325P104 802 76939 SH SOLE 74909 1030 1000
DNP SELECT INCOME FUND 23325P104 106 10210 SH DEFINED 10210 0 0
DANAHER CORP COM 235851102 1575 20380 SH SOLE 19680 600 100
DANAHER CORP COM 235851102 62 800 SH DEFINED 800 0 0
DEERE & CO COM 244199105 663 9185 SH SOLE 8485 700 0
DEERE & CO COM 244199105 47 650 SH DEFINED 650 0 0
DELL INC COM 24702R101 517 23625 SH SOLE 23625 0 0
DISNEY WALT COMPANY COM 254687106 2041 65410 SH SOLE 65335 75 0
DISNEY WALT COMPANY COM 254687106 9 300 SH DEFINED 300 0 0
DOW CHEM CO COM 260543103 1675 48000 SH SOLE 47150 600 250
DOW CHEM CO COM 260543103 58 1650 SH DEFINED 750 0 900
DU PONT E I DE NEMOURS COM 263534109 907 21152 SH SOLE 20402 750 0
DU PONT E I DE NEMOURS COM 263534109 20 470 SH DEFINED 470 0 0
EMERSON ELEC CO COM 291011104 5215 105458 SH SOLE 104258 800 400
EMERSON ELEC CO COM 291011104 160 3240 SH DEFINED 3240 0 0
ENDO PHARM HLDG INC COM 29264F205 505 20865 SH SOLE 20065 700 100
ENDO PHARM HLDG INC COM 29264F205 8 340 SH DEFINED 340 0 0
EXELON CORP COM 30161N101 1083 12040 SH SOLE 12040 0 0
EXXON MOBIL CORP COM 30231G102 11108 126041 SH SOLE 124341 1250 450
EXXON MOBIL CORP COM 30231G102 926 10503 SH DEFINED 9511 0 992
FPL GROUP INC COM 302571104 1800 27455 SH SOLE 24455 1000 2000
FPL GROUP INC COM 302571104 85 1300 SH DEFINED 1300 0 0
FIRST MERCHANTS CORP COM 320817109 2195 121011 SH SOLE 119909 1102 0
FIRST MERCHANTS CORP COM 320817109 292 16074 SH DEFINED 16074 0 0
GENERAL ELECTRIC CO COM 369604103 7358 275782 SH SOLE 271032 3300 1450
GENERAL ELECTRIC CO COM 369604103 513 19210 SH DEFINED 13510 0 5700
GOLDMAN SACHS GROUP COM 38141G104 780 4461 SH SOLE 4261 200 0
GOLDMAN SACHS GROUP COM 38141G104 35 200 SH DEFINED 200 0 0
GRACO INC COM 384109104 1096 28800 SH SOLE 28800 0 0
GRACO INC COM 384109104 16 425 SH DEFINED 425 0 0
HARRIS CORP DEL COM 413875105 1340 26535 SH SOLE 25760 775 0
HARRIS CORP DEL COM 413875105 25 495 SH DEFINED 495 0 0
HARSCO CORP COM 415864107 1268 23300 SH SOLE 23300 0 0
HEWLETT PACKARD CO COM 428236103 2905 65734 SH SOLE 65334 0 400
HEWLETT PACKARD CO COM 428236103 160 3625 SH DEFINED 3625 0 0
HONEYWELL INTL INC COM 438516106 207 4125 SH SOLE 4125 0 0
INTEL CORP COM 458140100 4122 191986 SH SOLE 188686 2700 600
INTEL CORP COM 458140100 152 7100 SH DEFINED 7100 0 0
INTL BUSINESS MACHINES CORP COM 459200101 2902 24483 SH SOLE 23983 350 150
INTL BUSINESS MACHINES CORP COM 459200101 47 400 SH DEFINED 400 0 0
ISHARES LEHMAN AGGREGATE BOND FUND 464287226 397 3950 SH SOLE 3950 0 0
MSCI EMERGING MARKET INDEX 464287234 387 2850 SH SOLE 2850 0 0
MSCI EAFE INDEX SHARES 464287465 6125 89190 SH SOLE 86660 1520 1010
MSCI EAFE INDEX SHARES 464287465 158 2298 SH DEFINED 2298 0 0
BIOTECHNOLOGY I SHARES COM 464287556 1868 24305 SH SOLE 23435 820 50
BIOTECHNOLOGY I SHARES COM 464287556 34 440 SH DEFINED 440 0 0
S&P 400 MIDCAP GROWTH ISHARES 464287606 669 7564 SH SOLE 7285 279 0
S&P 400 MIDCAP GROWTH ISHARES 464287606 42 470 SH DEFINED 470 0 0
ISHARES RUSSELL 2000 I SHARES 464287655 1816 26302 SH SOLE 25237 610 455
ISHARES RUSSELL 2000 I SHARES 464287655 99 1436 SH DEFINED 1436 0 0
S&P 400 MIDCAP VALUE ISHARES 464287705 616 8329 SH SOLE 8014 315 0
S&P 400 MIDCAP VALUE ISHARES 464287705 40 535 SH DEFINED 535 0 0
I SHARES S&P SMALL CAP 600 COM 464287804 449 7471 SH SOLE 7267 204 0
I SHARES S&P SMALL CAP 600 COM 464287804 5 83 SH DEFINED 83 0 0
S&P 600 SMALL CAP VALUE ISHARES 464287879 487 7652 SH SOLE 7652 0 0
S&P 600 SMALL CAP VALUE ISHARES 464287879 25 385 SH DEFINED 385 0 0
S&P 600 SMALL CAP GROWTH ISHARES 464287887 575 4508 SH SOLE 4508 0 0
S&P 600 SMALL CAP GROWTH ISHARES 464287887 26 205 SH DEFINED 205 0 0
J P MORGAN CHASE & CO COM 46625H100 4638 135233 SH SOLE 134208 425 600
J P MORGAN CHASE & CO COM 46625H100 450 13125 SH DEFINED 13125 0 0
JARDEN CORPORATION COM 471109108 187 10255 SH SOLE 10255 0 0
JOHNSON & JOHNSON COM 478160104 6985 108565 SH SOLE 106840 1525 200
JOHNSON & JOHNSON COM 478160104 462 7180 SH DEFINED 6780 0 400
JOHNSON CTLS INC COM 478366107 1700 59268 SH SOLE 58218 900 150
JOHNSON CTLS INC COM 478366107 19 675 SH DEFINED 675 0 0
KELLOGG CO COM 487836108 280 5840 SH SOLE 5840 0 0
KIMBERLY CLARK CORP COM 494368103 2566 42935 SH SOLE 42185 500 250
KIMBERLY CLARK CORP COM 494368103 7 110 SH DEFINED 110 0 0
KOHL'S CORP COM 500255104 987 24642 SH SOLE 23832 710 100
KOHL'S CORP COM 500255104 39 965 SH DEFINED 965 0 0
LABORATORY CORP COM 50540R409 230 3310 SH SOLE 3175 135 0
LABORATORY CORP COM 50540R409 7 100 SH DEFINED 100 0 0
LILLY ELI & CO COM 532457108 4906 106309 SH SOLE 105909 100 300
LILLY ELI & CO COM 532457108 76 1650 SH DEFINED 1650 0 0
LINCOLN NATL CORP IND COM 534187109 731 16130 SH SOLE 15605 525 0
LINCOLN NATL CORP IND COM 534187109 71 1575 SH DEFINED 1575 0 0
LOWE'S COMPANIES INC COM 548661107 3717 179145 SH SOLE 175495 3050 600
LOWE'S COMPANIES INC COM 548661107 65 3115 SH DEFINED 2715 0 400
MASCO CORP COM 574599106 784 49827 SH SOLE 49327 100 400
MASCO CORP COM 574599106 27 1685 SH DEFINED 1685 0 0
MCDONALDS CORP COM 580135101 720 12805 SH SOLE 12805 0 0
MCDONALDS CORP COM 580135101 90 1600 SH DEFINED 1600 0 0
MEDTRONIC INCORPORATED COM 585055106 2398 46337 SH SOLE 45112 1025 200
MEDTRONIC INCORPORATED COM 585055106 38 725 SH DEFINED 725 0 0
MICROSOFT CORPORATION COM 594918104 5591 203316 SH SOLE 199266 2850 1200
MICROSOFT CORPORATION COM 594918104 218 7940 SH DEFINED 7940 0 0
MICROCHIP TECHNOLOGY COM 595017104 1739 56950 SH SOLE 55450 1300 200
MICROCHIP TECHNOLOGY COM 595017104 59 1925 SH DEFINED 1925 0 0
S&P 400 MIDCAP SPDR 595635103 6535 43915 SH SOLE 42876 792 247
S&P 400 MIDCAP SPDR 595635103 244 1639 SH DEFINED 1639 0 0
NORTHERN TR CORP COM 665859104 755 11015 SH SOLE 10825 150 40
NORTHERN TR CORP COM 665859104 15 215 SH DEFINED 215 0 0
NORTHROP GRUMMAN CORP COM 666807102 21 320 SH SOLE 320 0 0
NORTHROP GRUMMAN CORP COM 666807102 731 10928 SH DEFINED 10928 0 0
NOVARTIS A G SPONSORED ADR 66987V109 274 4985 SH SOLE 4935 50 0
NOVARTIS A G SPONSORED ADR 66987V109 1 25 SH DEFINED 25 0 0
NVIDIA CORP COM 67066G104 1156 61770 SH SOLE 60045 1600 125
NVIDIA CORP COM 67066G104 7 400 SH DEFINED 400 0 0
NUVEEN MUNI DIVIDEND ADVISOR 67070X101 144 10980 SOLE 10980 0 0
OLD NATIONAL BANCORP COM 680033107 394 27620 SH SOLE 27620 0 0
OMNICOM GROUP INC COM 681919106 212 4722 SH SOLE 4672 50 0
OMNICOM GROUP INC COM 681919106 12 275 SH DEFINED 275 0 0
ORACLE CORP COM 68389X105 1251 59575 SH SOLE 58425 1000 150
ORACLE CORP COM 68389X105 64 3030 SH DEFINED 3030 0 0
PEPSICO INC 713448108 6925 108898 SH SOLE 106998 1400 500
PEPSICO INC 713448108 384 6035 SH DEFINED 6035 0 0
PFIZER INC COM 717081103 1275 73040 SH SOLE 71340 500 1200
PFIZER INC COM 717081103 26 1500 SH DEFINED 1500 0 0
T. ROWE PRICE GROUP INC COM 74144T108 1245 22046 SH SOLE 22046 0 0
T. ROWE PRICE GROUP INC COM 74144T108 25 450 SH DEFINED 450 0 0
PRINCIPAL FINANCIAL GROUP COM 74251V102 869 20715 SH SOLE 20065 600 50
PRINCIPAL FINANCIAL GROUP COM 74251V102 16 390 SH DEFINED 390 0 0
PROCTER & GAMBLE CO COM 742718109 6352 104450 SH SOLE 102750 1450 250
PROCTER & GAMBLE CO COM 742718109 285 4685 SH DEFINED 1685 0 3000
PRUDENTIAL FINANCIAL COM 744320102 347 5804 SH SOLE 5539 265 0
PRUDENTIAL FINANCIAL COM 744320102 82 1375 SH DEFINED 1375 0 0
ROBERT HALF INTERNATIONAL COM 770323103 532 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 1375 10746 SH SOLE 10746 0 0
SPDR MSCI ALL-COUNTRY WORLD EX-US INDEX ETF 78463X848 3226 86854 SH SOLE 86854 0 0
LEHMAN INTL TREASURY BD SPDR 78464A516 484 8785 SH SOLE 8785 0 0
SCHLUMBERGER LTD COM 806857108 8710 81080 SH SOLE 79750 930 400
SCHLUMBERGER LTD COM 806857108 231 2154 SH DEFINED 2154 0 0
MATERIALS SELECT SECTOR SPDRCOM 81369Y100 804 19275 SH SOLE 18795 380 100
MATERIALS SELECT SECTOR SPDRCOM 81369Y100 19 465 SH DEFINED 465 0 0
SECTOR SPDR HEALTH CARE COM 81369Y209 245 8000 SH SOLE 8000 0 0
SECTOR SPDR UTILITIES COM 81369Y886 612 15025 SH SOLE 14830 120 75
SECTOR SPDR UTILITIES COM 81369Y886 13 330 SH DEFINED 330 0 0
THE J.M. SMUCKER COMPANY COM 832696405 317 7794 SH SOLE 7544 200 50
THE J.M. SMUCKER COMPANY COM 832696405 9 215 SH DEFINED 215 0 0
SOUTHERN CO COM 842587107 1759 50385 SH SOLE 49435 50 900
SOUTHERN CO COM 842587107 132 3780 SH DEFINED 3780 0 0
STAPLES INC COM 855030102 2488 104739 SH SOLE 102389 2050 300
STAPLES INC COM 855030102 81 3400 SH DEFINED 3400 0 0
STRYKER CORP COM 863667101 1548 24624 SH SOLE 23924 700 0
STRYKER CORP COM 863667101 16 250 SH DEFINED 250 0 0
SYSCO CORP COM 871829107 3894 141599 SH SOLE 138749 2650 200
SYSCO CORP COM 871829107 151 5500 SH DEFINED 5500 0 0
TARGET CORP COM 87612E106 3193 68688 SH SOLE 67138 1150 400
TARGET CORP COM 87612E106 50 1080 SH DEFINED 1080 0 0
TEVA PHARMACEUTICAL ADR 881624209 784 17115 SH SOLE 16405 710 0
TEVA PHARMACEUTICAL ADR 881624209 65 1410 SH DEFINED 1410 0 0
TEXAS INSTRS INC COM 882508104 403 14305 SH SOLE 14305 0 0
TEXAS INSTRS INC COM 882508104 3 100 SH DEFINED 100 0 0
THERMO FISHER SCIENTIFIC INCCOM 883556102 710 12750 SH SOLE 12250 500 0
3M COMPANY COM 88579Y101 1019 14641 SH SOLE 14391 250 0
3M COMPANY COM 88579Y101 177 2550 SH DEFINED 350 0 2200
US BANCORP DEL COM 902973304 3196 114628 SH SOLE 110928 2250 1450
US BANCORP DEL COM 902973304 31 1120 SH DEFINED 1120 0 0
UNITED PARCEL SERVICE COM 911312106 534 8690 SH SOLE 8690 0 0
UNITED PARCEL SERVICE COM 911312106 65 1050 SH DEFINED 1050 0 0
UNITED TECHNOLOGIES CORP COM 913017109 7101 115097 SH SOLE 112897 1700 500
UNITED TECHNOLOGIES CORP COM 913017109 96 1555 SH DEFINED 1555 0 0
UNITEDHEALTH GROUP INC COM 91324P102 382 14565 SH SOLE 14565 0 0
VF CORP COM 918204108 311 4375 SH SOLE 4050 225 100
VF CORP COM 918204108 5 75 SH DEFINED 75 0 0
VANGUARD TELECOM VIPER COM 92204A884 709 11387 SH SOLE 10937 450 0
VANGUARD TELECOM VIPER COM 92204A884 17 270 SH DEFINED 270 0 0
VNGRD FTSE ALLWORLD EXUS ETF 922042775 2562 48309 SH SOLE 48309 0 0
VECTREN CORP COM 92240G101 2463 78949 SH SOLE 76810 1939 200
VECTREN CORP COM 92240G101 106 3400 SH DEFINED 2335 0 1065
VERIZON COMMUNICATIONS INC COM 92343V104 2565 72493 SH SOLE 71693 550 250
VERIZON COMMUNICATIONS INC COM 92343V104 32 913 SH DEFINED 913 0 0
WACHOVIA CORP COM 929903102 323 20805 SH SOLE 20705 100 0
WACHOVIA CORP COM 929903102 64 4100 SH DEFINED 4100 0 0
WAL MART STORES INC COM 931142103 3893 69262 SH SOLE 68662 300 300
WAL MART STORES INC COM 931142103 225 4000 SH DEFINED 4000 0 0
WALGREEN COMPANY COM 931422109 409 12577 SH SOLE 12527 50 0
WALGREEN COMPANY COM 931422109 31 940 SH DEFINED 940 0 0
WELLS FARGO & CO COM 949746101 5300 223156 SH SOLE 220056 2100 1000
WELLS FARGO & CO COM 949746101 150 6325 SH DEFINED 5125 0 1200
WEYERHAEUSER CO COM 962166104 1578 30858 SH SOLE 30758 0 100
WEYERHAEUSER CO COM 962166104 5 100 SH DEFINED 100 0 0
WM WRIGLEY JR CO COM 982526105 235 3025 SH SOLE 3025 0 0
WYETH COM 983024100 2497 52072 SH SOLE 51672 0 400
WYETH COM 983024100 115 2400 SH DEFINED 0 0 2400
ZIMMER HLDGS INC COM 98956P102 606 8914 SH SOLE 8589 325 0
ZIMMER HLDGS INC COM 98956P102 38 555 SH DEFINED 555 0 0
GRAND TOTALS 269552 6202571 6063201 75627 63743