Merchants Bank of Indiana: Net Charge-Off Ratio
Data as of · sourced from FFIEC call reports. How we update
Merchants Bank of Indiana reported a net charge-off ratio of 0.28% as of Q2 2026, ranking #416 of 3,640 U.S. banks (89th percentile). That is down 0.93 percentage points from 1.21% a year earlier, and above the 0.13% median of the 121 Regional Banks ($10B–$100B in assets). The Net Charge-Off (NCO) ratio measures loans actually written off as uncollectible, the realized credit loss number that follows non-performing loans.
12-Quarter Trend
National Context
What is the Net Charge-Off Ratio?
The Net Charge-Off ratio (annualized) measures loans actually written off as uncollectible (less subsequent recoveries) divided by average loans outstanding. It is the realized credit loss experience of the bank.
Most US community banks report annualized NCO between 0.1% and 0.5%. Consumer-heavy or credit-card-issuing banks can report 2-5% as a normal range (different risk model). Compare to historical trend. Charge-offs lag the cycle: they rise during and after recessions and typically peak several quarters after a downturn starts.
Full definition & formula →Frequently asked questions
What is Merchants Bank of Indiana's Net Charge-Off Ratio?
Merchants Bank of Indiana's Net Charge-Off Ratio was 0.28% as of Q2 2026, ranking #416 of 3,640 U.S. banks.
What is the Net Charge-Off Ratio?
The Net Charge-Off ratio (annualized) measures loans actually written off as uncollectible (less subsequent recoveries) divided by average loans outstanding. It is the realized credit loss experience of the bank.
More Merchants Bank of Indiana metrics
Source: FFIEC call reports, standardized by BankRegReports. Values are point-in-time as filed. See the full Merchants Bank of Indiana profile or how this data updates. The figures come from the bank's call report.
Regulator records: FDIC BankFind (cert 8056) · FFIEC NIC profile (RSSD 963945)