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.
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