Mutual Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
Mutual Savings Bank is an FDIC-insured savings bank headquartered in Franklin, IN, established in 1890 (FDIC certificate 27742), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $352.9M, up 9.5% from Q2 2025, the 57th largest of 87 banks headquartered in Indiana. Its CET1 capital ratio was 13.05% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 27742
- Headquarters
- Franklin, IN
- Established
- 1890
- Total assets, Q2 2026
- $352.9M
- Assets vs Q2 2025
- +9.5%
- CET1 ratio, Q2 2026
- 13.05%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 274970267
- Holding company
- THIRD CENTURY BANCORP
- Asset rank in state
- 57th of 87 in Indiana
Mutual Savings Bank, based in Franklin, Indiana, reported $353 million in assets at June 30, 2026, up 9.5% from a year earlier. It carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 2.6%). It also grew deposits 16.4% over the year, 4.0 times the median of 4.0% for banks its size.
Earnings jumped: net income for the quarter was $839,000, 68% above the same quarter a year earlier. Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.00% of loans from 0.82%. Its margin is thin by comparison: it keeps 3.20 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, Mutual Savings Bank reported a CET1 capital ratio of 13.05%, a return on assets of 0.97%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Mutual Savings Bank is the 57th largest of the 87 banks headquartered in Indiana. From Q1 2026 to Q2 2026, its total assets rose 1.0% to $352.9M, loans rose 1.6% and deposits rose 0.7%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 36.9% of total loans, ahead of owner-occupied commercial real estate loans at 21.0%. Its 4 offices in the FDIC Summary of Deposits are in Franklin, IN, Trafalgar, IN and Greenwood, IN; its Franklin 2 offices book 68% of its branch deposits. Judged on its Q2 2026 call report, Mutual Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 80 E Jefferson St, Franklin, IN 46131
- County
- Johnson
- Metro Area
- Indianapolis-Carmel-Greenwood, IN
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1890
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 46
- Domestic deposits
- $284.3M
- Allowance for credit losses
- $3.1M
- Net charge-offs (YTD)
- $1K
- Average total assets
- $346.7M
- Average total loans
- $223.2M
- Average interest-bearing deposits
- $235.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 27742
- Fed RSSD
- 841472
- SEC CIK
- 1282847 → filed by THIRD CENTURY BANCORP
- Website
- www.mymsb.bank →
- Parent Holding Company
- THIRD CENTURY BANCORP (RSSD 3252659)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Mutual Savings Bank's total assets moved between a low of $299.0M (Q3 2023) and a high of $352.9M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$352.9M total assets against $322.4M; $327.5M total liabilities against $303.6M.
$220.7M net loans and leases against $209.5M; $284.3M total deposits against $244.3M.
$77.9M securities against $73.1M; $33.1M cash and balances due against $17.7M.
$4.5M total interest income against $4.0M; $1.8M total interest expense against $1.8M.
$2.7M net interest income against $2.3M.
$437K total noninterest income against $355K; $2.2M total noninterest expense against $2.0M.
-$27K provision for credit losses against $30K.
$839K net income against $498K.
0.97% return on assets against 0.60%; 3.20% net interest margin against 2.96%.
13.05% CET1 capital ratio against 12.36%; 10.22% tier 1 leverage ratio against 9.98%.
Inside the full Mutual Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeMutual Savings Bank rankings
Its closest position to the top of a national ranking is 2,233 of 4,196, for total assets; its furthest is 3,444 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.46% (Q3 2024) to 0.97% (Q2 2026) and its net interest margin ran from 2.72% (Q3 2024) to 3.20% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.05% | 0.97% | 0.00% | 0.00% | 3.20% |
| Q1 2026 | 13.05% | 0.82% | 0.00% | 0.00% | 3.03% |
| Q4 2025 | 12.26% | 0.76% | 0.17% | 1.43% | 3.01% |
| Q3 2025 | 12.89% | 0.67% | 0.00% | 0.00% | 2.93% |
| Q2 2025 | 12.36% | 0.60% | 0.82% | 8.10% | 2.96% |
| Q1 2025 | 12.36% | 0.67% | 0.85% | 7.94% | 2.92% |
| Q4 2024 | 12.06% | 0.72% | 0.86% | 8.25% | 2.80% |
| Q3 2024 | 11.85% | 0.46% | 0.86% | 7.50% | 2.72% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Main Street Branch | Franklin , IN | 46131 | $120.1M |
| Mutual Savings Bank (main office) | Franklin , IN | 46131 | $74.2M |
| Trafalgar Branch | Trafalgar , IN | 46181 | $57.7M |
| Stones Crossing Branch Branch | Greenwood , IN | 46143 | $32.4M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 1 against individuals associated with it
- Period: Most recent action August 23, 1996. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in IN, rank 78 of 129 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 108 applications, 81 loans originated, $26.2M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $1.8M approved, $909K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2018 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Mutual Savings Bank
What are Mutual Savings Bank's total assets?
As of the Q2 2026 filing, Mutual Savings Bank reported total assets of $352.9 million in its FFIEC call report.
Where is Mutual Savings Bank headquartered?
It is headquartered in Franklin, IN, United States.
When was Mutual Savings Bank founded?
It was established in 1890, per the FDIC institution directory.
Is Mutual Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #27742). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Mutual Savings Bank?
Mutual Savings Bank's primary federal regulator is the FDIC.
What is Mutual Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.05% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Mutual Savings Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Mutual Savings Bank's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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