UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------ FORM 13F ------------------------------ FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2010 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 05, 2010 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: 221 Form 13F Information Table Value Total: $241,871,000 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 PLC ADR G1151C101 1729 41220 SH SOLE 40920 300 0 ACCENTURE PLC ADR G1151C101 81 1920 SH DEFINED 1920 0 0 NOBLE CORPORATION COM H5833N103 1318 31525 SH SOLE 31450 75 0 NOBLE CORPORATION COM H5833N103 58 1395 SH DEFINED 1395 0 0 TRANSOCEAN LTD COM H8817H100 609 7049 SH SOLE 6745 304 0 TRANSOCEAN LTD COM H8817H100 35 410 SH DEFINED 410 0 0 AT&T INC COM 00206R102 3606 139557 SH SOLE 139250 75 232 AT&T INC COM 00206R102 218 8438 SH DEFINED 5053 0 3385 ABBOTT LABS COM 002824100 3976 75481 SH SOLE 74381 1000 100 ABBOTT LABS COM 002824100 145 2745 SH DEFINED 2145 0 600 ALBERTO CULVER CO NEW COM 013078100 838 32050 SH SOLE 31350 700 0 ALBERTO CULVER CO NEW COM 013078100 35 1325 SH DEFINED 1325 0 0 ALLIANT CORP COM 018802108 1502 45180 SH SOLE 44280 900 0 ALLIANT CORP COM 018802108 55 1640 SH DEFINED 1390 0 250 AMPHENOL CORPORATION 032095101 773 18330 SH SOLE 18330 0 0 AMPHENOL CORPORATION 032095101 24 575 SH DEFINED 575 0 0 APACHE CORP COM 037411105 926 9125 SH SOLE 8725 400 0 APACHE CORP COM 037411105 27 270 SH DEFINED 270 0 0 AUTOMATIC DATA PROCESSING COM 053015103 5336 119989 SH SOLE 118739 1100 150 AUTOMATIC DATA PROCESSING COM 053015103 74 1670 SH DEFINED 1670 0 0 BB & T CORPORATION COM 054937107 270 8330 SH SOLE 8330 0 0 BB & T CORPORATION COM 054937107 34 1050 SH DEFINED 50 0 1000 BP PLC - SPONS ADR 055622104 3027 53056 SH SOLE 52681 375 0 BP PLC - SPONS ADR 055622104 1770 31016 SH DEFINED 20516 0 10500 BAKER HUGHES INC COM 057224107 1545 32980 SH SOLE 32380 600 0 BAKER HUGHES INC COM 057224107 52 1120 SH DEFINED 1120 0 0 BALL CORP COM 058498106 2048 38362 SH SOLE 38362 0 0 BANK OF NEW YORK MELLON CORPCOM 064058100 1157 37466 SH SOLE 36391 1075 0 BANK OF NEW YORK MELLON CORPCOM 064058100 53 1730 SH DEFINED 1730 0 0 BAXTER INTERNATIONAL INC COM 071813109 1829 31425 SH SOLE 30895 500 30 BAXTER INTERNATIONAL INC COM 071813109 66 1135 SH DEFINED 1135 0 0 BECTON DICKINSON & CO COM 075887109 1513 19220 SH SOLE 18810 380 30 BECTON DICKINSON & CO COM 075887109 50 640 SH DEFINED 640 0 0 BED BATH & BEYOND COM 075896100 709 16205 SH SOLE 15905 300 0 BED BATH & BEYOND COM 075896100 29 655 SH DEFINED 655 0 0 BEST BUY COMPANY INC COM 086516101 1156 27182 SH SOLE 26782 400 0 BEST BUY COMPANY INC COM 086516101 44 1028 SH DEFINED 1028 0 0 CATERPILLAR INC. COM 149123101 955 15200 SH SOLE 14550 650 0 CATERPILLAR INC. 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888 15910 SH SOLE 15560 350 0 CULLEN FROST BANKERS COM 229899109 35 620 SH DEFINED 620 0 0 DNP SELECT INCOME FUND 23325P104 537 57928 SH SOLE 55898 1030 1000 DNP SELECT INCOME FUND 23325P104 33 3600 SH DEFINED 3600 0 0 DANAHER CORP COM 235851102 1187 14855 SH SOLE 14455 400 0 DANAHER CORP COM 235851102 40 500 SH DEFINED 500 0 0 DEERE & CO COM 244199105 287 4835 SH SOLE 4835 0 0 DEERE & CO COM 244199105 33 550 SH DEFINED 550 0 0 DISNEY WALT COMPANY COM 254687106 2082 59649 SH SOLE 59574 75 0 DISNEY WALT COMPANY COM 254687106 5 150 SH DEFINED 150 0 0 DONALDSON INC COM 257651109 1121 24853 SH SOLE 24313 500 40 DONALDSON INC COM 257651109 23 500 SH DEFINED 500 0 0 DU PONT E I DE NEMOURS COM 263534109 725 19467 SH SOLE 18717 750 0 DU PONT E I DE NEMOURS COM 263534109 30 800 SH DEFINED 600 0 200 ECOLAB INC COM 278865100 1551 35285 SH SOLE 34735 450 100 ECOLAB INC COM 278865100 39 880 SH DEFINED 880 0 0 EMERSON ELEC CO COM 291011104 5111 101531 SH SOLE 100631 800 100 EMERSON ELEC CO COM 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85 1800 SH DEFINED 1800 0 0 HEINZ H J CO COM 423074103 132 2900 SH SOLE 2900 0 0 HEINZ H J CO COM 423074103 114 2500 SH DEFINED 1000 0 1500 HENRY JACK & ASSOCIATES COM 426281101 830 34530 SH SOLE 34530 0 0 HENRY JACK & ASSOCIATES COM 426281101 32 1335 SH DEFINED 1335 0 0 HEWLETT PACKARD CO COM 428236103 3695 69529 SH SOLE 69329 0 200 HEWLETT PACKARD CO COM 428236103 183 3440 SH DEFINED 3440 0 0 HORMEL FOODS CORP COM 440452100 535 12747 SH SOLE 12747 0 0 HORMEL FOODS CORP COM 440452100 12 290 SH DEFINED 290 0 0 ITT CORPORATION COM 450911102 641 11960 SH SOLE 11935 25 0 ITT CORPORATION COM 450911102 52 970 SH DEFINED 970 0 0 INTEL CORP COM 458140100 3301 148162 SH SOLE 145062 2700 400 INTEL CORP COM 458140100 33 1500 SH DEFINED 500 0 1000 INTL BUSINESS MACHINES CORP COM 459200101 2397 18694 SH SOLE 18344 350 0 INTL BUSINESS MACHINES CORP COM 459200101 61 475 SH DEFINED 475 0 0 I SHARES BARCLAYS AGGREGATE 464287226 1511 14505 SH SOLE 14505 0 0 MSCI EMERGING MARKET INDEX 464287234 359 8533 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