First Merchants Bank: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 46.06 percentage points higher than in Q1 2026, at 150.71%. First Merchants Bank ranks 59th of 87 Indiana banks on return on assets, in the lower half at 0.87% (Q2 2026). First Merchants Bank reported 0.87% on return on assets for Q2 2026, 0.43 points below the 1.30% median for banks in the $10B-100B asset tier.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 11.50% |
| Tier 1 risk-based capital ratio | 11.50% |
| Total risk-based capital ratio | 12.75% |
| Tier 1 leverage ratio | 9.96% |
| Equity capital to assets | 12.83% |
| Tangible equity to tangible assets | 9.29% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 1.03% |
| Non-performing assets ratio | 0.76% |
| Net charge-off ratio | 0.10% |
| Texas ratio | 8.00% |
| Allowance for credit losses to loans | 1.55% |
| Reserve coverage of non-performing loans | 150.71% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 0.87% |
| Return on equity | 6.83% |
| Net interest margin | 3.43% |
| Efficiency ratio | 54.29% |
| Yield on earning assets | 5.50% |
| Cost of funds | 2.20% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 93.02% |
| Core deposits to total deposits | 89.54% |
| Brokered deposits to total deposits | 7.48% |
| Deposits to assets | 78.70% |
| Securities to assets | 15.44% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 11.76% | 11.76% | 13.01% | 9.92% | 1.30% |
| Q4 2023 | 11.80% | 11.80% | 13.06% | 9.89% | 1.01% |
| Q1 2024 | 11.62% | 11.62% | 12.87% | 9.74% | 1.12% |
| Q2 2024 | 11.32% | 11.32% | 12.57% | 9.64% | 0.92% |
| Q3 2024 | 11.41% | 11.41% | 12.66% | 9.70% | 1.12% |
| Q4 2024 | 11.64% | 11.64% | 12.89% | 9.92% | 1.44% |
| Q1 2025 | 11.65% | 11.65% | 12.90% | 10.10% | 1.24% |
| Q2 2025 | 11.39% | 11.39% | 12.64% | 10.01% | 1.27% |
| Q3 2025 | 11.42% | 11.42% | 12.67% | 10.14% | 1.26% |
| Q4 2025 | 11.86% | 11.86% | 13.11% | 10.18% | 1.25% |
| Q1 2026 | 11.58% | 11.58% | 12.83% | 10.37% | 0.65% |
| Q2 2026 | 11.50% | 11.50% | 12.75% | 9.96% | 0.87% |
First Merchants Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock First Merchants Bank, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 4365) · FFIEC NIC profile (RSSD 17147)