MERCHANTS BANK OF INDIANA

CARMEL, IN | Regional | Est. June 23, 1923, midnight | FDIC #8056 | RSSD #963945 | FDIC
Latest Report: 2025-12-31

MERCHANTS BANK OF INDIANA is arn regional FDIC-insured commercial bank headquartered in CARMEL, IN, established in June 23, 1923, midnight. As of 2025-12-31, the bank reported total assets of $19.4B and total deposits of $13.1B. Profitability stands at 1.49% ROA and 13.09% ROE, with a net interest margin of 3.16%. The bank's CET1 capital ratio is 12.84%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 1.27% and a Texas Ratio of 11.13%. FDIC Certificate #8056.

Assets

$19.4B

Deposits

$13.1B

Loans

$15.5B

Equity

$2.2B

Profitability

Return on Assets (ROA) 1.49%
Return on Equity (ROE) 13.09%
Net Interest Margin (NIM) 3.16%
Yield on Assets 6.90%
Cost of Funds 7.04%

Asset Quality

NPL Ratio 1.27%
Net Charge-Off Ratio 0.80%
Texas Ratio 11.13%
NPA Ratio 1.33%
ACL / Loans 0.54%

Capital & Liquidity

CET1 Ratio 12.84%
Tier 1 Capital 12.84%
Total Capital Ratio 13.37%
Leverage Ratio 11.28%
Loan-to-Deposit 118.52%

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