BanksMERCHANTS BANK OF INDIANA

MERCHANTS BANK OF INDIANA

CARMEL, INRegionalEst. June 23, 1923, midnightFDIC #8056RSSD #963945FDIC
Latest · 2025-12-31

MERCHANTS BANK OF INDIANA is an 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%. CET1 capital ratio: 12.84%, well above regulatory minimums. NPL ratio: 1.27% · Texas Ratio: 11.13%. Operates 7 domestic branches.

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 Margin3.16%
Yield on Assets6.90%
Cost of Funds3.94%

Asset Quality

NPL Ratio1.27%
Net Charge-Off Ratio0.80%
Texas Ratio11.13%
NPA Ratio1.33%
ACL / Loans0.54%

Capital & Liquidity

CET1 Ratio12.84%
Tier 1 Capital12.84%
Total Capital Ratio13.37%
Leverage Ratio11.28%
Loan-to-Deposit118.52%

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