20 Hoosier Banker March 2015 FEATURE Continued on facing page. State Deposits in Indiana Financial Institutions: July 1-Dec. 31, 2014 Average Daily Balance Report 7/1/14 – 12/31/14 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 Fifth Third Bank ..........................................................................$344,462,894 First Financial Bank ......................................................................$35,591,279 Huntington National Bank ........................................................$325,188,042 JPMorgan Chase ............................................................................$57,807,152 BMO Harris ..................................................................................$106,978,874 PNC Bank .......................................................................................$51,516,797 Wells Fargo.......................................................................................$6,882,944 Average Daily Balance Summary Report Financial Institution Average Daily Balance Bank of Geneva...........................................................................$1,000,000.00 Bank of Wolcott ...............................................................................750,000.00 Bath State Bank ................................................................................100,000.00 Bippus State Bank, Huntington ....................................................100,000.00 Campbell & Fetter Bank, Kendallville.......................................1,500,000.00 CentreBank, Veedersburg ..............................................................200,000.00 Citizens State Bank, New Castle ................................................3,908,000.00 Citizens State Bank, Petersburg .................................................1,600,000.00 Community Bank, Noblesville......................................................200,000.00 Community First Bank, Howard County, Kokomo ................3,000,000.00 Community State Bank, Avilla ...................................................2,000,000.00 Community State Bank, Brook......................................................100,000.00 DeMotte State Bank.........................................................................400,000.00 Fairmount State Bank .....................................................................500,000.00 Farmers & Mechanics Federal S&L, Bloomfield ......................1,000,000.00 Farmers & Merchants Bank, Boswell ...........................................650,000.00 Farmers & Merchants Bank, LaOtto .............................................200,000.00 Farmers Bank, Frankfort ...........................................................12,177,500.00 Farmers State Bank, Mentone.....................................................1,500,000.00 Fifth Third Bank, Cincinnati.......................................................2,614,130.43 866.440.6515 | www.boscinc.com/assetliability © 2015 BOSC, Inc. Securities offered by BOSC, Inc., member FINRA/SIPC. Asset liability modeling, CD underwriting, portfolio accounting and safekeeping services are provided by BOKF, NA, an affiliate of BOSC, Inc. Investments and insurance are not insured by the FDIC; are not deposits or other obligations of, and are not guaranteed by, any bank or bank affiliate. ASSET/LIABILITY MODELING | ASSET/LIABILITY VALIDATION | ASSET/LIABILITY CONSULTING Where’s the risk in your Risk Management process? Your bank’s interest rate risk model is key to navigating a changing interest rate environment. But how good is the information you use to make decisions? Let BOSC, Inc. conduct a thorough analysis of your internal interest rate risk management process. We’ll not only review compliance with federal regulations, we’ll also make sure your model is a reliable tool for identifying risk and evaluating strategic alternatives. You can count on us to provide a comprehensive validation of your bank’s asset/liability model. INTEREST RATE RISK?
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