Average Daily Balance Report

7/1/23 – 12/31/23

Pursuant to Public Law No. 19-1987 sec 12 (IC 5-13-10-4), the Treasurer of State shall publish semi-annually in two newspapers of general circulation in the State of Indiana the average daily balances of the funds maintained in each financial institution designated as an approved depository, listing separately funds in accounts subject to withdrawal on demand or by negotiable orders of withdrawal and funds evidenced by other depository accounts. The accuracy of the computation of such balances shall be verified by the State Board of Accounts in the audit of the records of the Treasurer of State.

Warrant Clearing/Savings Accounts

Financial Institution: Average Daily Balance

BMO Harris Bank: $60,885,290
Centier Bank: $106,081,080
CF Bank: $35,539,110
Chase Bank: $9,883,811
Fifth Third Bank: $125,692,896
First Financial Bank: $28,052,959
First Merchants Bank: $231,059,472
Horizon Bank: $43,357,865
Huntington National Bank: $190,074,638
KeyBank, NA: $129,716,975
Merchants Bank of Indiana: $106,349,147
Old National Bank: $136,511,839
Peoples Trust & Savings Bank: $5,127,838
PNC Bank: $22,650,729
Regions Bank: $49,933,207
United Fidelity Bank: $124,080,245
U.S. Bank, NA: $157,429,842
Wells Fargo: $23,567,109

TOTAL: $1,585,994,052

Average Daily Balance Summary Report

Financial Institution: Average Daily Balance

1st Source Bank, South Bend: $16,600,000
Bank of Wolcott: $750,000
Bath State Bank: $100,000
Bippus State Bank, Huntington: $100,000
BMO Harris Bank, Chicago: $25,000,000
Campbell & Fetter Bank, Kendallville: $1,500,000
Centier Bank, Whiting: $10,000,000
CentreBank, Veedersburg: $200,000
Community First Bank of Indiana, Kokomo: $3,000,000
Community State Bank, Brook: $100,000
DeMotte State Bank: $400,000
The Fairmount State Bank: $500,000
Farmers and Mechanics Federal, Bloomfield: $1,000,000
Farmers and Merchants Bank, Laotto: $200,000
F&M Bank, Archbold, OH: $1,000,000
The Farmers Bank, Frankfort: $31,958,043
First Federal Savings Bank, Evansville: $10,000,000
First Federal Savings Bank, Huntington: $9,060,000
First Federal Savings Bank, Rochester: $1,100,000
First Federal Savings Bank of Angola: $600,000
First Federal Savings Bank of Washington: $100,000
First Financial Bank, Cincinnati: $13,250,000
First Harrison Bank, Corydon: $100,000
First Internet Bank of Indiana, Fishers: $6,500,000
First Savings Bank, Jeffersonville: $750,000
First State Bank of Middlebury: $1,000,000
First State Bank of Porter: $3,000,000
Freedom Bank, Huntingburg: $3,163,043
Garrett State Bank: $650,000
German American Bank, Jasper: $22,817,391
GBC Bank, Greenfield: $25,597,826
Hendricks County Bank & Trust Company, Brownsburg: $4,400,000
Home Bank, Martinsville: $500,000
Home National Bank, Thorntown: $1,750,000
Horizon Bank, Michigan City: $5,500,000
Indiana Members Credit Union, Indianapolis: $5,000,000
Kentland Bank: $1,750,000
KeyBank, NA, Cleveland: $25,000,000
Lake City Bank, Warsaw: $14,129,376
Merchants Bank of Indiana, Carmel: $26,764,100
Mutual Savings Bank, Franklin: $1,990,000
The Napoleon State Bank: $200,000
North Salem State Bank: $3,179,348
Northwest Bank, Warren, PA: $700,000
NWSB, Charlestown: $750,000
Old National Bank, Evansville: $20,000,000
Owen County State Bank, Spencer: $2,000,000
Peoples Bank, Munster: $100,000
Providence Bank & Trust, South Holland, IL: $4,000,000
Regions Bank, Birmingham, AL: $42,000,000
Spencer County Bank, Santa Claus: $650,000
Springs Valley Bank & Trust Company, Jasper: $16,250,000
State Bank, Brownsburg: $2,000,000
State Bank of Medora: $300,000
Tri-County Bank & Trust Company, Roachdale: $1,250,000
U.S. Bank, NA, Minneapolis: $14,623,370

TOTAL: $384,882,497