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Liquidity & Balance Sheet · Indiana

US Banks with Highest Loan-to-Deposit Ratio in Indiana

Ranked among banks headquartered in Indiana. Re-ranked 1-84 within the state from the same national ranking population.

#1 Loan-to-Deposit Ratio: MERCHANTS BANK OF INDIANA — 127.47% . The Loan-to-Deposit Ratio (LTD) measures loans against deposits — a high ratio means deposits are fully deployed and the bank may rely on wholesale funding to grow loans.

Ranked: 84 banks with reported data Showing: Top 84 Source: FFIEC call reports (Q1 2026) What is this metric? See the US Banks with … glossary entry Go deeper: What Is the Loan-to-Deposit Ratio? A Bank Guide
# Bank HQ US Banks with … Total Assets
1 Merchants Bank of Indiana Carmel , IN 127.47% $20.26B
2 First Savings Bank Jeffersonville , IN 114.64% $2.39B
3 First Bank Midwest Richmond , IN 107.14% $1.51B
4 First Federal Savings Bank Rochester , IN 106.64% $690.3M
5 Jackson County Bank Seymour , IN 104.06% $1.08B
6 Grant County State Bank Swayzee , IN 102.30% $395.9M
7 Community First Bank of Indiana Kokomo , IN 100.80% $965.3M
8 First Federal Savings Bank of Angola Angola , IN 100.65% $139.8M
9 Community State Bank Brook , IN 99.75% $155.0M
10 Freedom Bank Huntingburg , IN 99.56% $583.7M
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11 First State Bank of Middlebury Middlebury , IN 98.66% $811.8M
12 State Bank Brownsburg , IN 98.44% $855.7M
13 1st Source Bank South Bend , IN 98.04% $9.11B
14 Security Federal Savings Bank Logansport , IN 97.63% $452.9M
15 Bedford Federal Savings Bank Bedford , IN 97.31% $285.5M
16 Centier Bank Merrillville , IN 96.17% $10.08B
17 Centrebank Veedersburg , IN 95.79% $118.4M
18 First Merchants Bank Muncie , IN 94.85% $21.05B
19 First Federal Savings Bank Evansville , IN 94.24% $579.0M
20 Bippus State Bank, the Huntington , IN 93.85% $432.1M
21 First Federal Savings Bank Huntington , IN 93.18% $557.5M
22 Union Savings and Loan Association Connersville , IN 91.51% $261.6M
23 American Community Bank of Indiana Saint John , IN 91.47% $376.5M
24 First Financial Bank, N.A. Terre Haute , IN 90.98% $6.12B
25 Springs Valley Bank & Trust Company French Lick , IN 90.81% $644.2M
26 North Salem State Bank, the North Salem , IN 90.19% $775.1M
27 Bath State Bank Bath , IN 89.60% $332.9M
28 Garrett State Bank, the Garrett , IN 89.33% $378.5M
29 Horizon Bank Michigan City , IN 88.91% $6.54B
30 Lake City Bank Warsaw , IN 88.42% $7.08B
31 Old National Bank Evansville , IN 88.12% $72.61B
32 Peoples Trust and Savings Bank Boonville , IN 87.48% $248.4M
33 Wayne Bank and Trust CO. Richmond , IN 87.10% $258.8M
34 Kentland Bank Kentland , IN 86.54% $402.2M
35 The Farmers Bank, Frankfort, Indiana Frankfort , IN 86.17% $1.12B
36 Peoples Bank Munster , IN 84.62% $2.01B
37 Fowler State Bank Fowler , IN 84.44% $190.5M
38 Lnb Community Bank Lynnville , IN 84.41% $184.8M
39 Crossroads Bank Wabash , IN 84.37% $598.0M
40 Riddell National Bank, the Brazil , IN 84.16% $381.0M
41 Community State Bank Avilla , IN 83.97% $521.0M
42 Tri-county Bank & Trust Company Roachdale , IN 83.35% $303.4M
43 German American Bank Jasper , IN 83.25% $8.37B
44 Hoosier Heartland State Bank Crawfordsville , IN 82.65% $351.0M
45 Owen County State Bank Spencer , IN 82.12% $391.6M
46 Campbell & Fetter Bank Kendallville , IN 81.95% $353.4M
47 First Farmers Bank & Trust CO. Converse , IN 81.69% $3.55B
48 Home National Bank of Thorntown, the Thorntown , IN 81.04% $177.0M
49 Farmers State Bank Lagrange , IN 80.57% $1.26B
50 First Bank of Berne Berne , IN 79.53% $1.08B
51 Alliance Bank Francesville , IN 79.14% $458.7M
52 Greenfield Banking Company Greenfield , IN 78.52% $909.0M
53 Napoleon State Bank, the Napoleon , IN 78.13% $507.0M
54 Mutual Savings Bank Franklin , IN 78.04% $349.3M
55 First Internet Bank of Indiana Fishers , IN 76.77% $5.68B
56 Fcn Bank, N.A. Brookville , IN 75.61% $797.6M
57 New Washington State Bank, the New Washington , IN 74.81% $769.0M
58 Logansport Savings Bank Logansport , IN 74.52% $285.5M
59 Citizens State Bank of New Castle New Castle , IN 73.22% $895.6M
60 National Bank of Indianapolis, the Indianapolis , IN 73.05% $3.13B
61 Farmers and Merchants Bank, the Boswell , IN 72.16% $215.8M
62 Citizens Bank Mooresville , IN 72.08% $699.7M
63 Hometown Savings Bank, the Terre Haute , IN 71.62% $461.9M
64 Home Bank Sb Martinsville , IN 70.48% $431.7M
65 Spencer County Bank Santa Claus , IN 70.41% $131.4M
66 Friendship State Bank, the Friendship , IN 68.75% $559.8M
67 First Federal Savings and Loan Association of Greensburg Greensburg , IN 67.60% $146.1M
68 Mid-southern Savings Bank, F.S.B. Salem , IN 67.42% $228.0M
69 Fountain Trust Company, the Covington , IN 67.13% $854.7M
70 Farmers and Merchants Bank Laotto , IN 66.24% $314.5M
71 Star Financial Bank Fort Wayne , IN 66.12% $3.19B
72 Hendricks County Bank and Trust Company Brownsburg , IN 65.12% $239.9M
73 Peoples State Bank, the Ellettsville , IN 64.19% $487.4M
74 United Fidelity Bank, FSB Evansville , IN 63.84% $6.33B
75 First National Bank of Monterey, the Monterey , IN 62.66% $429.6M
76 Bank of Wolcott Wolcott , IN 61.42% $278.8M
77 Farmers and Mechanics Federal Savings Bank Bloomfield , IN 60.73% $116.0M
78 First Harrison Bank Corydon , IN 59.26% $1.28B
79 Community State Bank Royal Center , IN 57.36% $169.3M
80 First State Bank of Porter Porter , IN 57.32% $156.3M
81 First National Bank Cloverdale , IN 56.77% $420.2M
82 Demotte State Bank Demotte , IN 50.39% $606.2M
83 Peoples Bank, the Brownstown , IN 48.73% $325.6M
84 Clearpoint Federal Bank & Trust Batesville , IN 0.00% $133.5M

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All data sourced from the most recent FFIEC call report filings, refreshed each quarter as new filings are processed. This leaderboard excludes banks with total assets under $100,000K to filter out anomalous micro-bank ratios. See /data-updates/ for the current data freshness window.

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