Merchants Bank of Indiana: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
The standout move of Q2 2026 was in Cash and balances due from depository institutions: 278.2% higher than in Q1 2026, at $314.7M. Among 87 Indiana banks, Merchants Bank of Indiana sits 2nd from the top on loan-to-deposit ratio, 121.06% as of Q2 2026. The median for banks in the $10B-100B asset tier is 86.83% on loan-to-deposit ratio. Merchants Bank of Indiana sits 34.23 points higher, at 121.06% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $314.7M |
| Cash and noninterest-bearing balances to assets | 1.49% |
| Cash and securities | $1.96B |
| Fed funds sold and reverse repos | $1.5M |
| Fed funds sold and reverse repos to assets | 0.01% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $4.21B |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 19.89% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 121.06% |
| Net loans and leases to deposits | 120.53% |
| Loans and leases to core deposits | 123.88% |
| Core deposits to total deposits | 88.90% |
| Brokered deposits to total deposits | 9.05% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 106.74% | 62.97% | $0 | $1.57B |
| Q4 2023 | 95.70% | 54.25% | $0 | $898.2M |
| Q1 2024 | 102.81% | 56.26% | $0 | $1.77B |
| Q2 2024 | 98.27% | 56.10% | $0 | $1.09B |
| Q3 2024 | 112.73% | 73.69% | $0 | $3.50B |
| Q4 2024 | 122.19% | 73.42% | $0 | $4.31B |
| Q1 2025 | 118.71% | 81.40% | $0 | $3.93B |
| Q2 2025 | 117.89% | 85.22% | $0 | $3.94B |
| Q3 2025 | 108.24% | 88.62% | $0 | $2.83B |
| Q4 2025 | 118.52% | 83.05% | $0 | $3.77B |
| Q1 2026 | 127.47% | 90.17% | $0 | $4.70B |
| Q2 2026 | 121.06% | 88.90% | $0 | $4.21B |
Merchants Bank of Indiana liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Merchants Bank of Indiana, freeSource: Call Report Schedules RC and RC-M, 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 Merchants Bank of Indiana profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8056) · FFIEC NIC profile (RSSD 963945)