Average Daily Balance Report
1/1/24 – 6/30/24
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: $67,067,763
Centier Bank: $108,806,519
CF Bank: $36,628,602
Chase Bank: $14,199,687
Fifth Third Bank: $108,087,105
First Financial Bank; $28,748,129
First Merchants Bank: $222,060,012
Horizon Bank: $44,678,783
Huntington National Bank: $195,265,722
KeyBank, NA: $133,657,972
Merchants Bank: $109,327,528
Old National Bank: $162,294,016
Peoples Trust & Savings Bank: $5,204,279
PNC Bank: $18,473,773
Regions Bank: $53,626,931
United Fidelity Bank: $127,413,878
U.S. Bank, NA: $151,025,673
Wells Fargo: $22,728,541
TOTAL: $1,609,294,913
Average Daily Balance Summary Report
Financial Institution: Average Daily Balance
1st Source Bank, South Bend: $16,600,000
Bank of Wolcott: $4,771,978
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: $37,420,000
First Bank Richmond: $2,225,275
First Farmers Bank & Trust Co., Converse: $16,593,407
First Federal Savings Bank, Evansville: $10,000,000
First Federal Savings Bank, Huntington: $9,741,319
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: $1,607,143
First State Bank of Middlebury: $1,000,000
First State Bank of Porter: $4,222,527
Freedom Bank, Huntingburg: $6,000,000
Garrett State Bank: $650,000
German American Bank, Jasper: $30,100,000
GBC Bank, Greenfield: $30,000,000
Hendricks County Bank & Trust Company, Brownsburg: $4,400,000
Home Bank, Martinsville: $162,088
Home National Bank, Thorntown: $1,750,000
Horizon Bank, Michigan City: $7,038,462
Indiana Members Credit Union, Indianapolis: $4,958,791
Kentland Bank: $1,750,000
KeyBank, NA, Cleveland: $25,000,000
Lake City Bank, Warsaw: $13,625,300
Merchants Bank, Carmel: $26,764,100
Mutual Savings Bank, Franklin: $1,990,000
The Napoleon State Bank: $200,000
North Salem State Bank: $5,000,000
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: $13,435,714
TOTAL: $431,756,104
