INSIDE A record crowd stands up for banking at the 2015 IBA Annual Washington Trip. Story on page 10. Hoosier Banker NOVEMBER 2015
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Mission To advocate for and sustain an environment in which banks can succeed. Vision To provide exemplary service to members as the premier state bank trade association in the country. Values In fulfilling our mission, we will: • Maintain the highest ethics, integrity and respect for others; • Serve with professionalism, innovation and resourcefulness; • Instill passion, positive attitude and enthusiasm; • Remain mindful that the success of the IBA is judged by the success of its members. View Hoosier Banker Digital at indianabankers.org Publication Disclaimer Hoosier Banker articles are published by the IBA Service Corp., a subsidiary of IBA Holding Company Inc., that is a wholly owned subsidiary of the Indiana Bankers Association. All material published in Hoosier Banker and/or on the IBA website is the property of the Indiana Bankers Association. Indiana Bankers Association Officers, Directors & Staff IBA Officers Chairman ...................................................... Larry W. Myers, First Savings Bank, Clarksville FirstVice Chairman ............................... Michael H. Head, First Federal Savings Bank, Evansville SecondVice Chairman ................. Annette M. Russell, Security Federal Savings Bank, Logansport Immediate Past Chairman ............................................ David W. Heeter, MutualBank, Muncie President and Chief Executive Officer ..... S. Joe DeHaven, Indiana Bankers Association, Indianapolis Constituent Directors ICBA State Director ........................................ David M. Geis, Jackson County Bank, Seymour ABA Membership Council ....................... Michael K. Bauer,Your Community Bank, New Albany Future Leadership Division President .......... Lucas White,The Fountain Trust Company, Covington Non-Indiana Headquartered Bank Director ............... Tim Massey, BMO Harris Bank, Indianapolis Northeast Region Directors Michael C. Marhenke, iAB Financial Bank, Fort Wayne Gregory Maxwell, Farmers State Bank, Mentone Michael S. Zahn, First Federal Savings Bank, Huntington Northwest Region Directors Patrick Duffey, State Bank of Burnettsville Karen I. Miller,The Farmers Bank, Frankfort Arden L. Cramer, Logansport Savings Bank Southeast Region Directors George W. Ferriell, Bath State Bank Archie M. Brown Jr., MainSource Financial Group, Greensburg Dennis Wayman, State Bank of Medora Southwest Region Directors Kurt D. Rosenberger, Our Community Bank, Spencer Matthew W. Howrey, North Salem State Bank Clay W. Ewing, German American, Jasper IBA Staff President & Chief Executive Officer ........................................................... S. Joe DeHaven ExecutiveVice President .............................................................. Paul W. Freeman, CAE ExecutiveVice President .................................................................. Amber R.VanTil, JD Vice President–Meetings & Events ............................................ Christina M. Bennett, CMP Vice President–Government Relations ........................................................... Dax Denton Vice President–Products & Services ................................................................. Rod Lasley Vice President–Education & Training ........................................................... Laurie A. Rees Vice President–Communications .................................................................. Laura Wilson Events & Products/Services Assistant .............................................................. Susan Clark Education Meeting Coordinator ................................................................. Marcy Borden Education Meeting Coordinator ................................................................ Elizabeth Kilty Staff Accountant ....................................................................................... Timothy Fry IT and Facilities Manager ...................................................................... Tracy Wainscott Administrative Assistant ........................................................................... Michelle Long Government Relations & Communications Office Manager ............................ Joshua A. Myers Email addresses: First initial of the staff member’s first name plus last name; example: jdoe@indianabankers.org Please send news releases to: IBAcommunications@indianabankers.org
TABLE OF CONTENTS VOLUME 99 NO. 11 6925 Parkdale Place Indianapolis IN 46254-4673 Phone: 317-387-9380 Fax: 317-387-9374 Twitter @indianabankers www.indianabankers.org Publisher: S. Joe DeHaven Editor: Laura Wilson Advertising: Rod Lasley Email news releases to: IBAcommunications @indianabankers.org Hoosier Banker (ISSN 0018-473X) is published monthly by the IBA Service Corp., a subsidiary of IBA Holding Company Inc., that is a wholly owned subsidiary of the Indiana Bankers Association. The magazine invites news from IBA members. Copy deadline: first of the month preceding publication. Advertising: Rates available upon request or online at www.indianabankers.org. Advertisers should provide electronic PDFs by the 15th of the month preceding publication. Hoosier Banker advertising is available to members and associate members of the Indiana Bankers Association only. Subscriptions: Hoosier Banker subscriptions are provided free of charge exclusively to members and associate members of the Indiana Bankers Association. Public access to Hoosier Banker Digital is available at www.indianabankers.org. 5 Hoosier Banker novemBer 2015 COVER STORY 10 CHAIRMAN’S REFLECTIONS – TRAVELS TO DC AND THROUGHOUT INDIANA Larry W. Myers, First Savings Bank, Clarksville 13 WASHINGTON TRIP PHOTO RECAP FEATURES 6 PRESIDENT’S PONDERINGS S. Joe DeHaven, IBA 8 IBA CALENDAR OF EVENTS 14 INDIANA’S CENTENNIAL BANKS:A PROUD HISTORY 16 IN HONOR OF PAST ASSOCIATION PRESIDENTS AND CHAIRMEN 19 ROLL CALL OF FORTYYEAR CLUB MEMBERS 24 HOW TO THANK A VET: A VETERAN’S VIEWPOINT David A. Bochnowski, Peoples Bank, Munster 26 ISYOUR BANK ON TRACK FOR FIVE STAR MEMBER STATUS? Paul W. Freeman, IBA DIRECTORS / SENIOR MANAGEMENT 28 STRATEGIC MODELING FOR HIGH PERFORMANCE: ASSET/LIABILITY MANAGEMENT Jeffrey F. Caughron,The Baker Group PSP SHOWCASE 30 GETTING READY FOR EMV Scott Broughton, ICBA Bancard DEPARTMENTS 15 VIDEO BONUS 25 BANKING ON COMMUNITY 29 ANNIVERSARY MILESTONES 32 COMPLIANCE CONNECTION Brett J.Ashton, Krieg DeVault LLP 32 FROM THE BOARD ROOM 33 HONORABLE MENTIONS 34 ASSOCIATE MEMBERS’ CORNER 34 NEW BRANCHES, BUILDINGS & OPENINGS 35 TAKING IT EASY 36 BANKERS ON THE MOVE 38 ADVERTISERS INDEX The 2015 IBA Annual Washington Trip took place Sept. 27-29.
6 Hoosier Banker November 2015 who have devoted 40 years of service or more to this important business of banking. Currently we have more than 400 members in the club. Please let us know if we are missing anyone from your bank, either current or retired. In this column, I also want to thank all of the associate members who participate in IBA activities. We have some 175 associate members, which offer a variety of products and services to Indiana banks. These companies provide significant financial support to IBA through dues payments, sponsorship of various events, purchase of booth spaces at various events, and purchase of advertising in various publications. Many participate in support of Indiana BANKPAC and grassroots efforts, and provide educational programs for member bankers. These companies and the people who work for them are important members of the IBA family, and we thank them. Finally, I’d like to recognize that November is a month that provides two special thanksgiving opportunities. Each Nov. 11, Veterans Day gives us extra reason to thank the good men and women who gave service to our nation. In this issue, we feature a guest editorial by Dave Bochnowski of Peoples Bank, Munster. Mr. Bochnowski is a Bronze Star Medalist who served in Vietnam, and he shares a veteran’s perspective on “how to thank a vet.” And, of course, November is the time of year we celebrate Thanksgiving. On Nov. 26, let us take time to pause, reflect and appreciate the abundance in our lives. On behalf of IBA staff, let me share our collective gratitude for the opportunity to work with you, the bankers of Indiana. You are leaders in your communities and beyond, and we feel blessed to work with you and to call you our friends. We hope that you will please continue to work with us in the future, and we thank you sincerely for your generous FEATURE President’s Ponderings S. Joe DeHaven, President & Chief Executive Officer, Indiana Bankers Association Van Til Earns Executive Leadership Certificate Amber R. Van Til, executive vice president of the Indiana Bankers Association, has earned the certificate of executive leadership from the Wisconsin School of Business at the University of Wisconsin, along with nine other alumni of the Graduate School of Banking (GSB), also at the University of Wisconsin. This was the inaugural year for the executive leadership program to have been customized for GSB alumni. t Most of us have thoughts and sayings ingrained in our speech patterns that our parents impressed on us early on. One concept that I imagine we all had drilled into us was the importance of saying “please” and “thank you.” You might fondly recall hearing your mother cajole, “Say please,” before handing you a treat. The importance of good manners were constantly reinforced, and I see my daughter teaching the same today to her children. This timeless act of childrearing continues into the next generation. At the Indiana Bankers Association, IBA staff have much reason to say “please” to you, as we so often request your support. We ask that you contact legislators; support Indiana BANKPAC; participate in our educational offerings; utilize some of our products and services; share your insights on IBA committees and boards; and stay informed through Hoosier Banker, IBA Insighter and the like. I do hope we remember to say please … and please tell me if we don’t! Likewise, “thank you” is important for the IBA, because each year you respond generously to all of those requests that we ask of you. It is very important and, frankly, ingrained in staff to thank you for that support. Much of this issue of Hoosier Banker, in fact, is devoted to gratitude. We open with a cover story by Chairman Larry Myers recounting his visits to each and every IBA-member bank headquartered in Indiana. His goal was two-fold: to visit every one of those banks as a goodwill gesture, and to promote the IBA Annual Washington Trip. As a result, we had record attendance on this year’s trip, and we thank Chairman Myers and the many bankers who participated. We also recognize, in this issue, the proud history of our industry. About 65 percent of Indiana-based banks, 77 in total, have been in operation 100 years or longer. These centennial banks survived wars, epidemics, the Great Depression, several recessions and burdensome regulation. We thank the generations of professionals who worked hard to keep their banks strong, and who brought stability to the Hoosier state. We also thank the leadership of the combined IBA – the Indiana Bankers Association, Indiana League of Savings Institutions and Community Bankers Association of Indiana. Throughout the past 118 years, 233 bankers have served as past volunteer presidents or board chairmen to guide the industry to success. Some gave of their time during the Depression, even as their banks’ very survival may have been at stake. Others served for two terms, three terms or longer, volunteering as needed for the greater good. One banker chaired both the CBAI and the IBA: Thank you, Joe Pierce, and congratulations to Farmers State Bank, LaGrange, for celebrating its centennial anniversary this year. Additionally we thank those who have been inducted into the IBA Forty Year Club, honoring banking professionals
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CALENDAR UPDATE Calendar of events Register online at indianabankers.org/education-events The IBA Center for Professional Development is located at 6925 Parkdale Place, Indianapolis. Phone: 317-387-9380 Twitter: @IndianaBankers Alternative Delivery Channels … Available at your convenience via Webinar, CD-ROM or On-Demand Community Bankers for Compliance Series - Session 4: Lending Regulations - DOD Ruling, the SAFE Act, Reg. O, Dodd-Frank Changes to Reg. Z,ARM Lending Nov. 16 - Courtyard by Marriott, Fort Wayne Nov. 17 - IBA Center Nov. 18 - IBA Center Home Mortgage Disclosure Act Seminar Nov. 30 - IBA Center Midwest Agricultural Banking School Nov. 30-Dec. 3 - Purdue University, West Lafayette Lenders Comprehensive Guide to Mortgage Lending Dec. 1 - IBA Center Trust Officer Forum Dec. 2 - IBA Center Agricultural Clinic Dec. 3 - Purdue University, West Lafayette Advanced Commercial Lending School Dec. 10-11 - IBA Center CCBTP Certification Program Dec. 15-16 - IBA Center Analyzing Personal Financial Statements andTax Returns Jan. 12 - IBA Center Analyzing Corporate Financial Statements andTax Returns Jan. 13 - IBA Center Measuring Financial Conditions and Performance for Agricultural Business Jan. 14 - IBA Center Calculating Global Cash Flow Analysis the Proper Way Jan. 14 - IBA Center Branch Management Series: Session I, Managing a Successful Branch Jan. 19 - IBA Center Retail Banking Forum Jan. 20 - IBA Center BSA Graduate School Jan. 20-21 - IBA Center Risk Management Officer Forum Jan 21 - IBA Center Community Bankers for Compliance Series - Session I Feb. 8 - Courtyard by Marriott, Fort Wayne Feb. 9 - IBA Center Feb. 10 - IBA Center Chief Financial Officer Forum Feb. 16 - Group 1 - IBA Center Feb. 19 - Group 2 - IBA Center Auditing Integrated Disclosures Feb. 17 - IBA Center Senior Lender Forum Feb. 17 - Group 1 - IBA Center Feb. 18 - Group 2 - IBA Center Call Report: Review and Update Feb. 18 - IBA Center IRA Basics Feb. 23 - IBA Center Marketing Directors Forum Feb. 23 - IBA Center Advanced IRA Review and Update Feb. 24 - IBA Center IT and Operations Officer Forum - Group 1 Feb. 25 - Group 1 - IBA Center Feb. 26 - Group 2 - IBA Center Training the Credit Analyst March 2-3 - IBA Center Residential Construction Lending March 8 - IBA Center How to Prepare and File Uniform Commercial Code Financial Statements March 9 - IBA Center Calculating and Maintaining the Allowance for Loan and Lease Losses, Including a Review of the Proposed CECL March 10 - IBA Center Indiana Deposit Account Administration March 15 - IBA Center Writing Compliant Real Estate Evaluations Internally March 15 - IBA Center Indiana Deposit Account Administration March 16 - Hotel Fort Wayne Understanding and Navigating the Indiana Code for Compliance Professionals March 17 - IBA Center, Indianapolis Leadership Development Program - Session 1: It’s Simple, But It Isn’t Easy March 22-25 - Wooded Glen Retreat & Conference Center, Henryville TRID Essentials March 29 - IBA Center Nov. 16 - How to Sell in any Banking Market Nov. 16 - Branch Transformation Series - Part 3 Nov. 17 - Mortgage Loan Originator Required Training Series Nov. 17 - Basic Banking for New Employees Part 2: Regulatory Issues, Exams, Audits Nov. 18 - Officer Calling: Prospecting, Preparing and Presentation Nov. 18 - Robbery Prevention,Apprehension and Recovery Nov. 18 - Critical Issues of Certificates of Deposit (CDs) Nov. 19 - Emerging Leaders Series: Managing Credit Risk Nov. 19 - What to Do When a Customer Dies Nov. 23 - Regulatory and Legal Risks of Overdraft Protection: Recent Issues and Best Practices Nov. 24 - Nuts and Bolts of Effective Metro 2 Credit Reporting via e-OSCAR Nov. 25 - Comparing the Widening Array of Mobile Payment Plans: Apple Pay vs. Samsung Pay vs.Android Pay Nov. 30 - CECL, the ALLL and FASB’s Proposed Standard for Recognizing Credit Impairment:What’s Changing, and Why Preparing Now Is Critical Dec. 2 - Reg. E - How Expensive Is a Compliance Mistake? Dec. 2 - Advanced ACH Specialist Series: Reg. E Error Resolution Rules vs. NACHA Operating Rules: Obligations, Consumer Disputes and Case Studies Dec. 2 - Excel Explained: Introduction to Spreadsheets Dec. 3 - Notary Public Dec. 3 - Call Reporting for New Preparers and Reviewers Dec. 4 - Examining the Proposed Federal Changes to Overtime Pay Exemptions, and the Potential Impact to Community Banks Dec. 8 - New Business Account Interview Dec. 8 - BSA Special Risks: Policy, Law Enforcement and Regulator Issues Dec. 9 - UCC 3 and 4 Issues for Tellers Dec. 9 - Managing Accounts and Records for Nonresident Aliens: Opening, Identifying, Monitoring and Tax Reporting Dec. 10 - Safe Deposit Issues: Drilling, Unpaid Rent, Death and Unclaimed Property Dec. 10 - Accounting Principles for Lenders Dec. 10 - BSA Red Flags for Money Laundering Dec. 15 - Opening Fiduciary Accounts Dec. 15 - Opening Donation, Benevolent and Other Accounts for Nonprofit Organizations and Corporations Dec. 16 - The Loan Review Process: Important Steps Dec. 16 - Exercising the Bank’s Right to Setoff on Deposit Accounts and Loans Dec. 17 - Appraisals and Evaluations: Guidelines, Regulatory Concerns and FAQs Dec. 18 - BSAYear-End Wrap Up Dec. 18 - Revised TRID Mortgage Exam Procedures: Reviewing Changes Effective Sept. 15, 2015 Jan. 5 - New Unauthorized ACH Rules: Impact on Return Rates and Fee Thresholds Jan. 7 - Record Retention Jan. 12 - Avoiding Compliance Violations in Advertising Jan. 13 - Debt Collection Series:The Essentials of Collection Law Jan. 14 - Cyber Series: Maximizing Cybersecurity Soundness and Minimizing Incidents Jan. 20 - IRA and Health Savings Account Update and Review Jan. 21 - Adjustable-Rate Mortgage Rules Changes Effective April 1, 2016 Jan. 26 - Demystifying Rules for TRID Tolerances Jan. 27 - Completing the CTR, Line-by-Line Jan. 28 - Directors Series: Managing Reports to the Board - Requirements,Timing, Delivery Options, Risks and Concerns Feb. 2 - Denied Loan Requirements: Consumer, Commercial and Real Estate Feb. 3 - Dealing With ACH Tax Refunds: Exceptions, Posting and Liabilities Feb. 4 - HR Series: Managing and Administering Employee Compensation and Benefit Programs Feb. 9 - Medallion and Signature Guarantee Rules and Risks Feb. 11 - New Compliance Officer Boot Camp Feb. 17 - HVCRE Appraisal Review: Issues and Case Studies Feb. 18 - Audit Compliance Series: Overseeing Bank Performance - The Role of Audit Feb. 23 - Determining Cash Flow From Personal Tax Returns Part 1: Schedules A, B, C and D Feb. 25 - Understanding Personal Account Ownership and FDIC Rules March 1 - Telephone Consumer Protection Act:WhatYou Need to Know About the New Requirements March 3 - Required Compliance for Commercial Loans Secured by Real Estate March 8 - Director Series:What Directors Should Know About CECL,ALLL and New Credit Impairment Standards March 9 - Post EMV Card Liability Shift: Managing and Mitigating Card-Not-Present Fraud March 10 - SBA Lending Update: Regulations,Trends and Overview of SBA One March 15 - Emerging Leader Series: Developing Executive Presence Skills - Presentations, Poise and Professionalism March 16 - Determining Cash Flow From Personal Tax Returns Part 2: Schedules E and F March 17 - Flood Insurance Compliance Update and FAQs March 22 - Cyber Series: Outsourcing Tech Services: Regulations, Examiner Expectations and Actions for Vendor Management March 24 - DevelopingYour Same-Day ACH Game Plan March 29 - Debt Collection Series:Your Customer Has Filed Bankruptcy - Now What? 8 Hoosier Banker November 2015
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10 Hoosier Banker November 2015 COVER STORY As 2015 chairman of the Indiana Bankers Association, I set two major goals for this year: to increase the attendance at the IBA Annual Washington Trip to 80 participants, and to visit every Indiana-based bank president/CEO. I am pleased to report that both goals have been achieved. A few weeks ago, 88 representatives of the Indiana banking community traveled to Washington, D.C. The group consisted of 57 bankers, eight associate members, 19 guests and four staff members, representing the best turnout in IBA history. Just a few short years ago, it was difficult to assemble even a dozen individuals to meet with our legislators and regulators. Traveling to DC with a large number of bankers representing our communities and our industry had a significant, positive impact on the trip. Every legislator commented about the size of our group. For our bankers, participating in this trip helped them realize the importance of having their voices heard in Washington. I hope that next year we can have 100 bankers attend this event. For my other goal, visiting all 119 banks in the state was an interesting and fulfilling quest. My journey started in November of last year, with my first stop at Jackson County Bank to meet with David Geis. For the next few months after that visit, I concentrated my efforts in the southern part of the state. Those were easy visits to arrange, since the banks were located close by, and I already knew many of the bankers. If I had an open afternoon, I could usually schedule a couple of nearby calls. Visiting presidents in northern Indiana presented more of a challenge. I partnered with Rod Lasley, IBA’s vice president-products & services, in scheduling bank meetings north of Indianapolis. Typically I would complete a full day at the office, then drive to Indianapolis to meet Rod. From there we would drive another three hours or so to spend the night in the town we were visiting. The following morning, after enjoying the complimentary hotel breakfast, we would begin our series of five to six bank calls. We would often finish our meetings late in the afternoon before beginning our journey back to Indianapolis. Then I would travel a couple more hours south to Clarksville. On one trip, we finished our rounds with Kent Liechty at First Bank of Berne at 4:30 on a Friday afternoon. After being in the car for over five hours, I finally arrived home that night. Luckily my wife and children were traveling, so the only ones not happy with my late arrival were the dogs. It was fascinating to see the many different banks and cities throughout Chairman’s Reflections – Travels to DC and Throughout Indiana About the Chairman Larry W. Myers, 2015 chairman of the Indiana Bankers Association, is president and chief executive officer of First Savings Bank, Clarksville. He additionally serves on the bank’s board of directors and as president of the First Savings Charitable Foundation. Myers joined First Savings Bank in 2005 as chief operating officer and was named to his current position in 2006. He previously served since 1982 with National City Bank, most recently as area president of Southern Indiana. Myers is a member of the St. Louis Federal Reserve Community Depository Institutions Advisory Council and has served the American Bankers Association on the Community Bank Council and Mutual Council. He currently is chairman of the Lincoln Heritage Council of Boy Scouts of America and is active with the One Southern Indiana-Chamber of Commerce. A certified trust financial adviser, Myers earned bachelor’s and MBA degrees from the University of Kentucky, has completed the Graduate School of Banking of the South and the Cannon Trust School, and holds Series 7 and Series 66 licenses. He previously served the IBA as first vice chairman, second vice chairman and southeast region director. He will continue service to the IBA board of directors in 2016 in the capacity of immediate past chairman. Continued on page 12.
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12 Hoosier Banker November 2015 During the Washington visit, representatives of the Indiana Bankers Association presented a donation to ICBPAC, the political action committee of the Independent Community Bankers of America. Shown are (left to right): S. Joe DeHaven, IBA president and CEO; IBA Chairman Larry W. Myers, First Savings Bank, Clarksville; Camden R. Fine, ICBA president and CEO;Amber R.Van Til, IBA executive vice president; and ICBA Indiana State Director David M. Geis, Jackson County Bank, Seymour. Indiana. During my visits I was cordially met by every bank president. I appreciated that these bank leaders took time out of their schedules to meet with me and listen to my presentation about the importance of attending the Washington trip. Some meetings were short and to the point, and for others we had more time to talk about our banks’ opportunities and challenges. Due to a last-minute cancellation, I was able to extend my time with Kip and Campbell White, along with Brian Dowers, at The Fountain Trust Company in Covington. Having our discussion in their courtyard on a sunny spring day was a memorable way to spend an afternoon. There are too many travel Thank you to the following associate members, who supported the 2015 IBA Annual Washington Trip through generous sponsorship: Continuity Independent Community Bankers of America Equias Alliance Federal Home Loan Bank of Indianapolis Krieg DeVault LLP SmithAmundsen LLC t Trip Sponsors “Each bank plays a significant role in making Indiana communities vibrant and unique … It makes me proud to say I am a Hoosier banker.” observations to detail here, plus some great stories to tell. Some banks have been surprisingly innovative in their business lines, while many others follow the traditional community bank model. I can say there was a common theme that ran through every visit: All of the bankers were extremely proud of their communities and of their banks. I witnessed activities, such as Mike Zahn of First Federal Savings Bank in Huntington leading a lunch meeting of the local economic development council. Or Kent Parisien of The First National Bank of Odon coaching the local high school football team. I saw where banks like MainSource Bank in Greensburg and Lake City Bank in Warsaw have invested their capital to revitalize dark commercial spaces in their cities to be used by their institutions. Each bank plays a significant role in making Indiana communities vibrant and unique. In almost every community, the bank was the nicest building in town, providing the most professional jobs. It was also apparent that each of our banks provides the fuel for the economic engine of communities across the state. It makes me proud to say I am a Hoosier banker. I was pleased with the support and involvement that every Indiana bank has with the IBA. All of the bankers touched could say they use the IBA’s educational programs and support the Association’s legislative initiatives, and also attend the Mega Conference and/or Annual Convention. It is said that an organization is only as strong as it members. With the IBA, we have a bright future ahead. As I wrap up my year as chairman, there are many people to thank. I appreciate the time that Rod Lasley spent arranging our northern IndiIBA Annual Washington Trip 2016 Help take the message of bankers to the nation’s capital by joining next year’s IBA Annual Washington Trip. Dates have been set for Sept. 25-27, 2016; details forthcoming. Join your fellow bankers, and be heard! Continued from page 10. ana meetings, and then serving as my driver to each of those locations. Thanks to Joe DeHaven for being an outstanding leader of the IBA and a great friend throughout this process. I would like to thank my board and staff for allowing me the flexibility in my work schedule to devote a significant amount of time to the IBA and our industry. Of course, I thank my wonderful wife Debbie, who tolerated many evenings alone and many late nights when I finally came home. And, finally, I thank you. It has been a privilege and honor to serve as your 2015 chairman of the Indiana Bankers Association. t
13 Hoosier Banker November 2015 WASHINGTON TRIP PHOTO RECAP
14 Hoosier Banker November 2015 FEATURE Among the member banks of the Indiana Bankers Association, 77 have been in operation 100 years or longer. This year Farmers State Bank, LaGrange (FSB), joins the roster of centennial banks. IBA congratulates FSB and the other centennial banks that have weathered economic changes and challenges to bring strength to Indiana. In this issue of Hoosier Banker, we focus on our proud banking heritage. Farmers State Bank, LaGrange In 1915, in the month of June, a group of residents in the vicinity of Stroh, Indiana, gathered to organize a bank to accommodate a new settlement forming in LaGrange County. Five months later, Farmers State Bank officially opened its doors for business. The bank began its century-long tenure with 40 stockholders and, at the close of its first day of business, resources exceeding $35,000. Within its first 90 days, FSB more than doubled its resources. For the following 13 years, the bank continued to enjoy healthy growth, reaching over a quarter of a million dollars in assets in 1928. Economic conditions soon changed abruptly, however. In October 1929, the stock market collapsed, ushering in the Great Depression. Within four years, nearly half of all U.S. banks had failed. When President Franklin D. Roosevelt was inaugurated into office in March 1933, his first official act was to declare a “National Bank Holiday,” or “Bank Moratorium,” closing every bank nationwide for evaluation and classification. Yet due to the strength of Farmers State Bank, its moratorium lasted only one week, and the bank was permitted to reopen without major reorganization. Not only had Farmers State Bank survived the worst of the Depression, but it could take pride that not one of its depositors lost a cent of their assets. In fact public confidence in FSB was so high, that a group of citizens asked to bring the bank headquarters to LaGrange and maintain the Stroh office as a branch. To do so, the bank first complied with a capital-raising requirement of the Indiana Department of Financial Institutions by selling 100 shares of stock at $100 each. Then, on Nov. 7, 1934, the bank established its LaGrange office at the intersection of Detroit and Spring streets. Today headquarters remain in LaGrange, although in a different location. Through the ensuing years, the bank has opened additional offices and has reached ever higher asset milestones, with current assets exceeding $570 million. A beacon of stability, the bank has been under the leadership of only a handful of presidents. Current President and Chief Executive Officer Joseph G. Pierce was named to his position in 2000. A member of the IBA Forty Year Club, Pierce is the only person in IBA history to have served as chairman of both the Indiana Bankers Association and of the Community Bankers Association of Indiana. t Indiana’s Centennial Banks: A Proud History Joseph G. Pierce Farmers State Bank, LaGrange, was established in 1915.
15 Hoosier Banker November 2015 Centennial Banks: IBA Indiana-Based Banks in Operation 100+Years 1st Source Bank, South Bend, 1863 Ameriana Bank, New Castle, 1890 American Community Bank of Indiana, Munster, 1910 Bank of Geneva, 1882 Bippus State Bank, Huntington, 1911 BloomBank, Bloomfield, 1873 Campbell & Fetter Bank, Kendallville, 1863 Centier Bank, Merrillville, 1895 Central National Bank & Trust Company, Attica, 1887 The Citizens Exchange Bank, Fairmount, 1893 Citizens State Bank, New Castle, 1873 Community State Bank of Southwestern Indiana, Poseyville, 1905 Dearborn Savings Bank, Lawrenceburg, 1890 The Elberfeld State Bank, 1905 The Fairmount State Bank, 1902 The Farmers Bank, Frankfort, 1876 Farmers and Mechanics Federal, Bloomfield, 1892 Farmers & Merchants Bank, Boswell, 1903 Farmers and Merchants Bank, Laotto, 1914 The Farmers State Bank, Brookston, 1905 Farmers State Bank, LaGrange, 1915 Farmers State Bank, Mentone, 1892 FCN Bank, Brookville, 1900 First Bank of Berne, 1891 First Bank Richmond, NA, 1887 First Farmers Bank and Trust Company, Converse, 1885 First Federal Savings Bank, Evansville, 1904 First Federal Savings Bank, Huntington, 1912 First Federal Savings Bank of Washington, 1895 First Federal Savings & Loan Association of Greensburg, 1883 First Financial Bank, NA, Terre Haute, 1834 First Harrison Bank, Corydon, 1891 First Merchants Bank, NA, Muncie, 1893 First National Bank, Cloverdale, 1913 The First National Bank, Monterey, 1910 The First National Bank of Odon, 1890 First State Bank of Middlebury, 1910 The Fountain Trust Company, Covington, 1903 The Friendship State Bank, 1912 Garrett State Bank, 1893 German American, Jasper, 1910 Greenfield Banking Company, 1871 Hendricks County Bank & Trust Company, Brownsburg, 1908 Home Bank, Martinsville, 1890 Home National Bank, Thorntown, 1901 Hoosier Heartland State Bank, Crawfordsville, 1899 Horizon Bank, NA, Michigan City, 1873 Jackson County Bank, Seymour, 1900 Lake City Bank, Warsaw, 1872 The La Porte Savings Bank, 1871 LNB Community Bank, 1907 MainSource Bank, Greensburg, 1904 Mid-Southern Savings Bank, FSB, Salem, 1886 Mutual Savings Bank, Franklin, 1890 MutualBank, Muncie, 1889 The Napoleon State Bank, 1903 The New Washington State Bank, Charlestown 1908 Old National Bank, Evansville, 1834 Ossian State Bank, 1912 Our Community Bank, Spencer, 1911 Peoples Bank, Munster, 1910 Peoples Savings and Loan Association, Monticello, 1899 The Peoples State Bank, Ellettsville, 1904 Peoples Trust & Savings Bank, Boonville, 1895 Riddell National Bank, Brazil, 1885 River Valley Financial Bank, Madison, 1875 Salin Bank, Indianapolis, 1902 Scottsburg Building and Loan Association, 1889 Springs Valley Bank & Trust Company, French Lick, 1902 State Bank of Burnettsville, 1902 State Bank of Lizton, 1910 Terre Haute Savings Bank, 1869 Tri-County Bank & Trust Company, Roachdale, 1892 United Bank, Evansville, 1914 United Community Bank, Lawrenceburg, 1914 Wayne Bank and Trust Company, Cambridge City, 1882 West End Bank, Richmond, 1894 The latest installment of the Indiana Bankers Association instructional video series, “Overview of the IBA Discussion Groups,” explains how to join and participate in IBA Discussion Groups. Note that Discussion Groups are restricted to IBA members and require an online profile. For help in setting up an online profile, please contact the IBA. The video is posted on the How-To Instructions page of the Video Bonus: Overview of the IBA Discussion Groups IBA website, available in the upper right corner online at: indianabankers.org/about. Or access the video through this issue of Hoosier Banker Digital at indianabankers.org by clicking on the red YouTube arrow. For questions or more information about IBA instructional videos, please contact Tracy Wainscott, 317387-9380, email: twainscott@ indianabankers.org. t
16 Hoosier Banker November 2015 FEATURE In Honor of Past Association Presidents and Chairmen The Indiana Bankers Association has been strong and vibrant since 1897, thanks to the able leadership of past presidents and chairmen. Following is a list of the leaders who built the Association. IndIana Bankers assocIatIon *A.M. Fletcher, Indianapolis, 1897-98 *C.T. Lindsey, South Bend, 1898-99 *D.A. Coulter, Frankfort, 1899-1900 *Hugh Dougherty, Bluffton, 1900-01 *F.L. Powell, Madison, 1901-02 *R.L. O’Hair, Greencastle, 1902-03 *W.W. Bonner, Greensburg, 1903-04 *A.G. Lupton, Hartford City, 1904-05 *C.H. Church, Muncie, 1905-06 *Jonce Monyhan, Orleans, 1906-07 *H.C. Johnson, Seymour, 1907-08 *J.R. Voris, Bedford, 1908-09 *James W. Sale, Markle, 1909-10 *C.H. Worden, Fort Wayne, 1910-11 *Earl S. Gwin, New Albany, 1911-12 *Col. J.L. McCulloch, Marion, 1912-13 *M.S. Sonntag, Evansville, 1913-14 *J.P. Frenzel Jr., Indianapolis, 1914-15 *Frank J. Pitner, LaPorte, 1915-16 *J.L. Bayard Jr., Vincennes, 1916-17 *F.E. Davis, Tipton, 1917-18 *Robert A. Morris, Fairmount, 1918-19 *R.W. Akin, Sullivan, 1919-20 *C.L. Zigler, South Bend, 1920-21 *J.A. Rhue, Marion, 1921-22 *C.D. Billings, Seymour, 1922-23 *C.S. Kitterman, Cambridge City, 1923-24 *J.V. Carpenter, Brazil, 1924-25 *Rome C. Stephenson, South Bend, 1925-26 *H.C. Rothert, Huntingburg, 1926-27 *C.O. Holmes, Gary, 1927-28 *A.G. Brown, Greencastle, 1928-29 *Elmer W. Stout, Indianapolis, 1929-30 *Frank B. Bernard, Muncie, 1930-31 *Charles M. Niezer, Fort Wayne, 1931 *W.A. Collings, Crawfordsville, 1931-33 *Felix M. McWhirter, Indianapolis, 1933-34 *M.J. Kreisle, Tell City, 1934-35 *B.D. Mitchell, Kokomo, 1935-36 *C.B. Enlow, Evansville, 1936-37 *F.W. Van Antwerp, South Bend, 1937-38 *R.H. Myers, Muncie, 1938-39 *A.J. Wedeking, Dale, 1939-40 *Paul N. Bogart, Terre Haute, 1940-41 *W.W. Gasser, Gary, 1941-42 *Arch C. Voris, Bedford, 1942-43 *Burr S. Swezey, Lafayette, 1943-44 *Otto N. Frenzel, Indianapolis, 1944-45 *J.O. Sanders, Huntingburg, 1945 *Charles H. Buesching, Fort Wayne, 1945-47 *Robert D. Mathias, Evansville, 1947-48 *H.C. Morrison, Crawfordsville, 1948-49 *E.W. Baumgartner, Berne, 1949-50 *L.L. Matthews, South Bend, 1950-51 *Joseph B. Crosby, Greencastle, 1951-52 *Ralph Horner, Winamac, 1952-53 *James M. Givens, Indianapolis, 1953-54 *Sheldon Cooper, Anderson, 1954-55 *S.E. Lauther, Columbus, 1955-56 *L.S. Armstrong, Elkhart, 1956-57 *Walter A. Schlechte, Evansville, 1957-58 *William J. Riley, East Chicago, 1958-59 *Floyd A. Hines, Connersville, 1959-60 *George E. Rogers, Marion, 1960-61 *Ralph V. Sherping, Wabash, 1961-62 *William P. Givens, Muncie, 1962-63 *Earl G. Schwalm, Fort Wayne, 1963-64 *Burr S. Swezey Jr., Lafayette, 1964-65 *Rolland H. Neese, Franklin, 1965-66 *Robert M. Schram, Peru, 1966-67 *Russell M. Daane, Fort Wayne, 1967-68 *L.J. Arnold, Danville, 1968-69 *Blaine H. Wiseman, Corydon, 1969-70 *Philip W. McCauley, Madison, 1970-71 *Robert W. Renner, Hartford City, 1971-72 Paul N. Dinkins, Columbus, 1972-73 *James P. Coplen, Logansport, 1973-74 *Richard A. Life, Peru, 1974-75 *C. Lloyd Griffis, Bluffton, 1975-76 *William C. Farrell, Crawfordsville, 1976-77 *Tom G. Voss, Seymour, 1977-78 Paul E. Shaffer, Fort Wayne, 1978-79 *C. Wayne Worthington, Evansville, 1979-80 *Robert C. Laue, Indianapolis, 1980-81 *Mark H. Caress, Crawfordsville, 1981-82 Joseph W. Bibler, Valparaiso, 1982-83 William H. King, Richmond, 1983-84 *Robert W. Hill, Greenwood, 1984-85 *David H. Howarth, Lafayette, 1985-86 Jon S. Armstrong, Elkhart, 1986-87 Patrick E. McNarny, Logansport, 1987-88 Gerald L. Armstrong, Seymour, 1988-89 *Sherman L. Anderson, Linton, 1989-90 John A. Nash, Columbus, 1990-91 Carl D. Erskine, Anderson, 1991-92 James R. Schrecongost, Muncie, 1992-93 David D. Baer, Bloomington, 1993-94 H. Lee Cooper, Evansville, 1994-95 *Jackson R. Lehman, Fort Wayne, 1995-96 George L. Allison, Spencer, 1996-97 *Edmond O. Dodson, Liberty, 1997-98 John W. Perry, Terre Haute, 1998-99 William E. “Mac” McWhirter, Indianapolis, 1999-2000 Harry J. Bailey, New Castle, 2000-01 Jerry M. Ault, Wabash, 2001-02 Robert F. Fix, Richmond, 2002-03 *Ronald G. Seals, Jasper, 2003-04 T. Tim Unger, Plainfield, 2004-05 Charles L. Crow, Noblesville, 2005-06 Michael L. Cox, Muncie, 2006-07 Joseph G. Pierce, LaGrange, 2008 Roger K. Cromer, Wabash, 2009 Michael K. Bauer, New Albany, 2010 David M. Geis, Seymour, 2011 Patrick J. Glotzbach, Charlestown, 2012 James C. Marcuccilli, Fort Wayne, 2013 David W. Heeter, Muncie, 2014 IndIana League of savIngs InstItutIons *J.D. Johnson, Kokomo, 1892-94 *Charles N. Thompson, Indianapolis, 1895-96 *C.A. Bookwalter, Indianapolis, 1896-99 *I.H.C. Royse, Terre Haute, 1900-02 *T.B. Orr, Anderson, 1903-04 Continued on page 18.
18 Hoosier Banker November 2015 *Howard Sanderson, Terre Haute, 1905-12 *C.A. Royse, Terre Haute, 1913-14 *W.B. Reed, Attica, 1915-18 *F.M. Boone, South Bend, 1919-20 *E.E. Katterhenry, Indianapolis, 1920-21 *Forest Larmore, Anderson, 1921-23 *Eugene C. Ashby, Ladoga, 1923-25 *A.Q. Gallahan, Peru, 1925-27 *Lew M. O’Bannon, Corydon, 1927-29 *Carl J. Weber, Fort Wayne, 1929-31 *H. Arthur Strassweg, Evansville, 1931-32 *Charles E. Conger, Muncie, 1932-33 *Mark L. Dickover, Valparaiso, 1933-34 *Leo F. Welch, Indianapolis, 1934-35 *George A. Schaal, Terre Haute, 1935-36 *Robert W. Marks, Ladoga, 1936-37 *Fermor S. Cannon, Indianapolis, 1937-38 *James Clawson, Muncie, 1938-39 *Walter H. Dreier, Evansville, 1940 *C.E. Bagley, Hammond, 1941 *Earl C. Bucher, Huntington, 1942 *E.W. Springer, Indianapolis, 1943 *George E. Hayes, Marion, 1944 *Arthur W. Allen, Washington, 1945 *Thomas S. Gozdecki, East Chicago, 1946 *Arthur H. Deitsch, Evansville, 1947 *Byron L. Jones, Lebanon, 1948 *Clyde W. Andrews, Terre Haute, 1949 *Edward J. Tighe, New Albany, 1950 *Fred J. Hums, Mishawaka, 1951 *Lester K. Bing, Anderson, 1952 *Louis M. Hershberger, Crawfordsville, 1953 *William D. Cameron, Connersville, 1954 *Willard T. Jordan, New Castle, 1955-56 *W.E. Baldridge, Bloomington, 1956-57 *W.D. Fitzpatrick, Indianapolis, 1957-58 *A.G. Shireman, South Bend, 1958-59 *Louis H. Boink Jr., Evansville, 1959-60 *Herbert E. Williams, Kokomo, 1960-61 Paul W. “P.W.” Prior, New Castle, 1961-62 William M. Hebert, Hobart, 1962-63 *Miles L. Wilson, Wabash, 1963-64 *Milton S. Martin, Indianapolis, 1964-65 *Ernest H. Collins, Greencastle, 1965-66 *Earl T. Hoover, Anderson, 1966-67 *Walter C. Burt, Muncie, 1967-68 *Arch R. Dunbar, Terre Haute, 1968-69 *William R. Baugh, Evansville, 1969-70 J. Hurshel McCutchen, Bloomington, 1970-71 Joseph C. Durand, Valparaiso, 1971-72 David J. Russell, New Albany, 1972-73 *Merritt B. McVicker, Marion, 1973-74 *Richard D. Muir, Indianapolis, 1974-75 *Edward E. Whalen, Plainfield, 1975-76 *John D. Gill, South Bend, 1976-77 Continued from page 16. Donald A. Rausch, Evansville, 1977-78 *John K. Keach Sr., Seymour, 1978-79 *Gene B. Kern, Muncie, 1979-80 Norman J. Knights, Greencastle, 1980-81 *B.J. Adkins, New Albany, 1981-82 Roger J. Wertenberger, Auburn, 1982-83 Maurice E. Mobley, Evansville, 1983-84 Norman L. Tirey, Muncie, 1984-85 Richard E. Belcher, Rochester, 1985-86 Larry J. Barrett, Indianapolis, 1986-87 William J. Kaiser, New Albany, 1987-88 *William C. Kennedy, East Chicago, 1988-89 Fred W. Carter, Frankfort, 1989-90 David A. Bochnowski, Munster, 1990-91 Richard R. Haynes, Bloomington, 1991-92 James R. Kocher, Indianapolis, 1992-93 *Nicholas M. George, Wabash, 1993-94 James H. Greiner, Hobart, 1994-95 Donald P. Weinzapfel, Evansville, 1995-96 Stephen E. Zahn, Huntington, 1996-97 R. Donn Roberts, Muncie, 1997-98 John K. Keach Jr., Seymour, 1998-99 Harry J. Bailey, New Castle, 1999-2000 communIty Bankers assocIatIon of IndIana Robert R. Park, Muncie, 1972-73 Wayne E. Firestone, Rensselaer, 1973-74 *Ralph W. Tilley, Vevay, 1974-75 *Elton H. Geshwiler, Speedway, 1975-76 *Robert E. Price, Connersville, 1976-77 Paul R. Murphy, Evansville, 1977-78 *William R. Irwin, Frankfort, 1978-79 *Lyle Brighton, Spencer, 1979-80 Gerald W. Reese, Decatur, 1980-81 David K. Woods, Owensville, 1981-82 *E. Nicholas Spreen, Alexandria, 1982-83 Wayne Betzner, Converse, 1983-84 Kip White, Covington, 1984-85 *Don Morrison, DeMotte, 1985-86 *Verle G. Pearcy, Scottsburg, 1986-87 Charles W. Maurer, Madison, 1987-88 *Lowell E. Williams, Muncie, 1988-89 John H. Colvin, North Salem, 1989-90 *John L. Conway, Frankfort, 1990-91 Claiborn M. Wamsley, Monterey, 1991-92 Ryan M. Warner, Bippus, 1992-93 Jerry Baumgartner, Roachdale, 1993-94 George W. Astrike, Jasper, 1994-95 John M. Finnerty, Middletown, 1995-96 James L. Saner Sr., Brookville, 1996-97 Thomas R. Fields, English, 1998 Charles Yarnell, Swayzee, 1999 *R. Michael Ahern, Jasper, 2000 Bill Harrod, Corydon, 2001 Mark Fogt, Garrett, 2002 Mark Schroeder, Jasper, 2003 Travis Holdman, Markle, 2004 Roger Cummings, Francesville, 2005 Joseph G. Pierce, LaGrange, 2006 *Denotes deceased.
19 Hoosier Banker November 2015 FEATURE Roll Call of Forty Year Club Members The Indiana Bankers Association recognizes the contributions of the following Forty Year Club members, who have devoted 40 or more years of service to the banking profession: Jerry A. Abbott, State Bank of Lizton Frank Abercrombie, Federal Home Loan Bank of Indianapolis Jennifer Adams, Community Bank, Noblesville R. Reed Adelsperger, Fayette Bank & Trust Company, Connersville Fred K. Agnew, The Farmers Bank, Frankfort Betty Alberts, 1st Source Bank, South Bend George L. Allison, Owen County State Bank, Spencer Robert C. Anderson, Norwest Bank Indiana, NA, Fort Wayne Lawrence A. Anthrop, Merchants Trust Company, Muncie Grover F. Archer, Ameriana Bank, New Castle John D. Auld, Grabill Bank Jerry M. Ault, Frances Slocum Bank & Trust Company, Wabash Thomas L. Austerman, Commerce Bank, Evansville H. Matthew Ayers, State Bank of Lizton David D. Baer, Monroe Bank, Bloomington Harry J. Bailey, Ameriana Bank, New Castle David Baitz, Community Bank, Noblesville Jean Bantz, MainSource Bank, Portland Hollice H. Barrett, Farmers & Merchants Bank, Boswell Dennis L. Bassett, Chase Bank, Indianapolis Virginia A. Bauman, Fort Wayne National Bank Jerry Baumgartner, Home National Bank, Thorntown Michael Bauserman, First Bank of Berne Debra R. Beatty, Springs Valley Bank & Trust Company, Jasper Steve Bechman, Horizon Bank, NA, Michigan City Dolores J. Becker, The Citizens National Bank of Evansville Richard E. Belcher, First Federal Savings Bank, Rochester John Belden, The Stone City Bank, Bedford Lois Benedict, Bank of Western Indiana, Covington Susie L. Benner, Lafayette Bank & Trust Company, a division of First Merchants Bank, NA, Muncie Donald A. Benziger, First Bank Richmond, NA Gregg H. Berry, First State Bank of Middlebury Lois J. Berry, First Bank Richmond, NA Charles H. Beutter, Valley American Bank and Trust Company, South Bend Nancy Bicknese, iAB Financial Bank, Fort Wayne Jo Ann Blackburn, STAR Bank, Fort Wayne Georgina Blessinger, Dubois County Bank, Jasper Joseph A. Bonner, Lafayette Bank and Trust Company Walter F. Bowles Jr., Greenfield Banking Company Chris Bradford, MutualBank, Muncie Sonny Brewster, First Savings Bank, Clarksville Andrew J. Briggs, Bank of Geneva Jay R. Brill, The National Bank of Indianapolis Debra M. Brower, The First National Bank of Odon Jim Brown, First Financial Bank, Columbus Barbara A. Bruner, Terre Haute Savings Bank Donald E. Budd, Horizon Bank, NA, Michigan City Emery M. Bunnell, Lafayette Savings Bank, FSB Sharon L. Burger, German American Bancorp, Jasper John L. Burk, Riddell National Bank, Brazil James W. Bye, First Savings Bank, Clarksville Kenneth Cadwallader, First Bank Richmond, NA Donald Caldwell, Federal Reserve Bank of Chicago, Indianapolis office Douglas W. Campbell, Home National Bank, Thorntown Robin Campbell, First Merchants Bank, Muncie Neal M. Carlson, First National Bank of Warsaw Fred W. Carter, Citizens Savings Bank, Frankfort Thomas J. Cassidy, STAR Bank, Fort Wayne James W. Catton, Merchants National Bank & Trust Company, Indianapolis Jerry Champion, Farmers State Bank, LaGrange Fred Chappelow, FCN Bank, Brookville Steve Charleston, Regions Bank, Indianapolis David A. Clark, First Merchants Bank, NA, Muncie Timothy G. Clark, Ameriana Bank, New Castle Merrill V. Clevenger, First Merchants Bank, NA, Muncie Brent L. Clifton, Grabill Bank Laverne E. Clingenpeel, First Bank Richmond, NA Thomas Clouse, Campbell & Fetter Bank, Kendallville Jimmy Coats, Community State Bank, Avilla Rusty Coffing, Hoosier Heartland State Bank, Crawfordsville Karen Coldiron, Irwin Union Bank and Trust Company, Columbus John H. Colvin, North Salem State Bank Norman K. Connell, Citizens Bank, Mooresville William F. Cook, Farmers & Merchants Bank, Boswell Paul G. Cooper, Citizens State Bank, Petersburg E. Daniel Cox, First Bank Richmond, NA Max A. Crabill, Garrett State Bank Sondra K. Cress, Terre Haute Savings Bank John L. Crist, Bank Calumet, NA, Hammond Charles L. Crow, Community Bank, Noblesville Roger D. Cummings, Alliance Bank, Francesville Jack Cunningham, United Bank, Evansville Kent L. Cunningham, Farmers State Bank, Syracuse Sheldon Cutler, First Federal Savings & Loan, Hammond Robert C. Dabagia, Horizon Bank, NA, Michigan City John M. Dalton, Mutual Federal Savings Bank, Muncie Joe M. Dearmin, The First National Bank of Odon Kenneth W. Deckard, Fowler State Bank Jerry L. Deering, Community Bank, Noblesville S. Joe DeHaven, Indiana Bankers Association Carolyn R. DeLuca, First National Bank of Huntington Jack L. Demaree, First Merchants Bank, NA, Muncie Fred Demske, Community State Bank, Avilla Stephen A. Denhart, Hendricks County Bank & Trust Company, Brownsburg Ronald E. Depasse, Terre Haute Savings Bank Glenna M. Dezarn, Bank One, Indiana, NA, Bloomington Continued on page 20.
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