The Mail-Journal, Volume 23, Number 8, Milford, Kosciusko County, 19 February 1986 — Page 18

Today And Tomorrow — Wed., Feb. 19,1986

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State Bank of Syracuse is part of First Indiana Bancorp

“The year 1985 was an exciting year for the State Bank of Syracuse,” said Bank President James E. Caskey. During its past 87 years of service in this community, the bank has worked closely with its customers, whether individually or as businesses, to meet their financial needs. One method the State Bank employs is its “Officer Call Program,” which was enacted during the early part of 1985. In this program, the bank goes to the customer to accommodate his needs. “In July,” Caskey said, “a new Indiana Ranking Law was passed, legalizing bank holding companies to own more than one bank in more than one county.” Thus, in October, final approval was received to allow First Indiana Bancorp, parent company of the First National Bank of Elkhart, to acquire the State Bank of Syracuse. In conjunction with this merger, the State Bank of Syracuse opened a full service branch in Warsaw. Gayle Lackey as been appointed as assistant vice president and manager of that branch and Catherine Cindrich was made assistant manager. Plans for another branch, to be located in Columbia City, were also in set in motion when ground broke in November of ’BS. Timothy Sutton has been appointed assistant vice president and manager of the Columbia City branch after its scheduled opening of February 10. “These developments will allow the State Bank of Syracuse to be an important part of First National Bank of Elkhart’s effort to build a Northern Indiana regional bank holding company with strong banks and goodmanagement,” said Caskey. Last year, the Wawasee Village Branch celebrated its 10th anniversary. This year, the Hatchery Branch will be doing the same. Other happenings at the bank during the past year include the availability of simple interest loans and the increase of assets from $43,143 million to $45,423 million. In June of 1984, Paul Phillabaum replaced Ken Harkless on the board of directors.

SCORE i FINANCIALLY! I I First Indiana Bancorp ' SoESaa! Syracuse iiTiiii ~ aa<y ■ state bank of ■ WTIWrW Syracuse ■ xUnJI i/TCK p ° 127 • S * racuse ’ ,N 46567 ’1 I W/ll (219)457-3165 wA \f/(J Y£JI Columbia City Branch VWfXIK Aw/ p 0 00)1926 • Co,umbia Cit y- ,N 46725 vn* Vrs\ J (219) 244 * 6666 Warsaw Branch 119-123 E. Center St. • Warsaw, IN 46580 iilnl (219)2672420 rW ™ J lA* MEMBER FDIC *

Harkless maintains the position of director emeritus. The current directors consist of the following: William H. Cable, chairman of the board; James E. Caskey, president; Thomas L. Dusthimer; Charles M. Harris; Paul A. Levernier ; J. Michael Mangus, vice president; James E. Pettit; Paul Phillabaum; Donald P. Ross; and Michael D. Umbaugh. Those joining the board of directors from First National Bank are Dusthimer, Ross, and Pettit. Officers not previously listed are: Donald L. Denney, vice president; Robert L. Owen, vice president of mortgage department; Gayle Lackey, assistant vice president; Timothy Sutton, assistant vice president; Mildred Ginger, assistant' cashier and manager of the village branch; Paul Pritchard, assistant cashier; Peggy Felts, manager of the Hatchery branch; Robert G. Sloop, installment loan officer; Steven C. Smith, auditor; and Susan I. Hulley, customer service officer. In addition to the financial support the State Bank of Syracuse can offer, it also strongly supports community activities. One of its staff members, Marketing Representative Jeanne Gardiner, actively lends her assistance to the community as a bank representative, a member of the Syracuse-Wawasee Chamber of Commerce Retail Merchant’s Division, and a resident of the area. Gardiner served as chairman of the Seventh Annual Syracuse-Wawasee Winter Carnival. Cover Photo Pictured is Paul Reith, vice president of the First National Bank in Milford, as he verifies information from the main office through the use of the bank’s computer system. Systems like these are helping businesses all over to be more efficient in their operations. (Photo by Leslie Miller)

MH ••■3l < r ‘ —^Jl^— ■ Am ■fl fl*~-■' ■ Iml KU!® STATE BANK OF SYRACUSE — Serving the community for 87 years has been the State Bank of Syracuse. Its goal is to grow with the community so that it can continually keep up with the financial needs of private individuals and businesses. Pictured is the State Bank of Syracuse’s main branch located in downtown Syracuse.