UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------ FORM 13F ------------------------------ FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 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 January 12, 2009 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: 217 Form 13F Information Table Value Total: $197,290,000 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 881 26860 SH SOLE 26460 300 100 ACCENTURE LTD CLASS A COM G1150G111 21 650 SH DEFINED 650 0 0 INGERSOLL RAND CL A COM G4776G101 812 46850 SH SOLE 45500 900 450 INGERSOLL RAND CL A COM G4776G101 63 3605 SH DEFINED 3605 0 0 AFLAC INC COM 001055102 406 8850 SH SOLE 8625 225 0 AFLAC INC COM 001055102 2 50 SH DEFINED 50 0 0 AT&T INC COM 00206R102 3494 122601 SH SOLE 122119 50 432 AT&T INC COM 00206R102 282 9880 SH DEFINED 6495 0 3385 ABBOTT LABS COM 002824100 4059 76060 SH SOLE 74710 1050 300 ABBOTT LABS COM 002824100 293 5489 SH DEFINED 4889 0 600 ALBERTO CULVER CO NEW COM 013078100 352 14350 SH SOLE 14350 0 0 ALBERTO CULVER CO NEW COM 013078100 7 300 SH DEFINED 300 0 0 APACHE CORP COM 037411105 434 5820 SH SOLE 5420 400 0 APACHE CORP COM 037411105 7 100 SH DEFINED 100 0 0 AUTOMATIC DATA PROCESSING COM 053015103 4620 117426 SH SOLE 115726 1150 550 AUTOMATIC DATA PROCESSING COM 053015103 39 990 SH DEFINED 990 0 0 BB & T CORPORATION COM 054937107 350 12750 SH SOLE 12750 0 0 BB & T CORPORATION COM 054937107 53 1925 SH DEFINED 925 0 1000 BP PLC - SPONS ADR 055622104 3216 68810 SH SOLE 68135 375 300 BP PLC - SPONS ADR 055622104 1465 31339 SH DEFINED 21839 0 9500 BALL CORP COM 058498106 2588 62237 SH SOLE 62237 0 0 BANK OF AMERICA CORP COM 060505104 925 65716 SH SOLE 64416 600 700 BANK OF AMERICA CORP COM 060505104 62 4400 SH DEFINED 2900 0 1500 BANK OF NEW YORK MELLON CORPCOM 064058100 488 17226 SH SOLE 16576 550 100 BANK OF NEW YORK MELLON CORPCOM 064058100 5 160 SH DEFINED 160 0 0 BAXTER INTERNATIONAL INC COM 071813109 868 16190 SH SOLE 16190 0 0 BAXTER INTERNATIONAL INC COM 071813109 9 170 SH DEFINED 170 0 0 BED BATH & BEYOND COM 075896100 388 15285 SH SOLE 15285 0 0 BED BATH & BEYOND COM 075896100 23 895 SH DEFINED 895 0 0 BEST BUY COMPANY INC COM 086516101 546 19429 SH SOLE 19179 250 0 BEST BUY COMPANY INC COM 086516101 25 878 SH DEFINED 878 0 0 CATERPILLAR INC. 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