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Profitability · Indiana

US Banks with Highest Return on Assets (ROA) in Indiana

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

#1 Return on Assets (ROA): GRANT COUNTY STATE BANK — 2.90% . Return on Assets (ROA) measures net income divided by average total assets — the single most-watched US banking profitability metric.

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: ROA vs. ROE for Banks: Profitability Ratios Explained
# Bank HQ US Banks with … Total Assets
1 Grant County State Bank Swayzee , IN 2.90% $395.9M
2 Alliance Bank Francesville , IN 2.45% $458.7M
3 Freedom Bank Huntingburg , IN 2.26% $583.7M
4 Bippus State Bank, the Huntington , IN 2.16% $432.1M
5 First Bank of Berne Berne , IN 2.11% $1.08B
6 Garrett State Bank, the Garrett , IN 1.94% $378.5M
7 Springs Valley Bank & Trust Company French Lick , IN 1.86% $644.2M
8 1st Source Bank South Bend , IN 1.83% $9.11B
9 Horizon Bank Michigan City , IN 1.78% $6.54B
10 Farmers State Bank Lagrange , IN 1.76% $1.26B
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11 Greenfield Banking Company Greenfield , IN 1.66% $909.0M
12 German American Bank Jasper , IN 1.62% $8.37B
13 North Salem State Bank, the North Salem , IN 1.62% $775.1M
14 First Farmers Bank & Trust CO. Converse , IN 1.60% $3.55B
15 Lake City Bank Warsaw , IN 1.59% $7.08B
16 Bank of Wolcott Wolcott , IN 1.53% $278.8M
17 First State Bank of Middlebury Middlebury , IN 1.52% $811.8M
18 Bedford Federal Savings Bank Bedford , IN 1.52% $285.5M
19 Napoleon State Bank, the Napoleon , IN 1.50% $507.0M
20 Centier Bank Merrillville , IN 1.50% $10.08B
21 Merchants Bank of Indiana Carmel , IN 1.48% $20.26B
22 Lnb Community Bank Lynnville , IN 1.48% $184.8M
23 Farmers and Merchants Bank Laotto , IN 1.46% $314.5M
24 Mid-southern Savings Bank, F.S.B. Salem , IN 1.42% $228.0M
25 First Financial Bank, N.A. Terre Haute , IN 1.35% $6.12B
26 Peoples State Bank, the Ellettsville , IN 1.35% $487.4M
27 Kentland Bank Kentland , IN 1.35% $402.2M
28 Old National Bank Evansville , IN 1.34% $72.61B
29 First Harrison Bank Corydon , IN 1.34% $1.28B
30 Centrebank Veedersburg , IN 1.33% $118.4M
31 National Bank of Indianapolis, the Indianapolis , IN 1.22% $3.13B
32 First Savings Bank Jeffersonville , IN 1.21% $2.39B
33 Peoples Bank, the Brownstown , IN 1.19% $325.6M
34 American Community Bank of Indiana Saint John , IN 1.17% $376.5M
35 Fowler State Bank Fowler , IN 1.17% $190.5M
36 Wayne Bank and Trust CO. Richmond , IN 1.16% $258.8M
37 First Federal Savings Bank Huntington , IN 1.15% $557.5M
38 Hoosier Heartland State Bank Crawfordsville , IN 1.12% $351.0M
39 Community First Bank of Indiana Kokomo , IN 1.11% $965.3M
40 Crossroads Bank Wabash , IN 1.11% $598.0M
41 State Bank Brownsburg , IN 1.07% $855.7M
42 First National Bank of Monterey, the Monterey , IN 1.06% $429.6M
43 Community State Bank Brook , IN 1.05% $155.0M
44 Friendship State Bank, the Friendship , IN 1.05% $559.8M
45 Star Financial Bank Fort Wayne , IN 1.03% $3.19B
46 The Farmers Bank, Frankfort, Indiana Frankfort , IN 0.99% $1.12B
47 Citizens Bank Mooresville , IN 0.98% $699.7M
48 Fcn Bank, N.A. Brookville , IN 0.98% $797.6M
49 Fountain Trust Company, the Covington , IN 0.97% $854.7M
50 Citizens State Bank of New Castle New Castle , IN 0.95% $895.6M
51 Bath State Bank Bath , IN 0.95% $332.9M
52 Union Savings and Loan Association Connersville , IN 0.93% $261.6M
53 Home National Bank of Thorntown, the Thorntown , IN 0.93% $177.0M
54 Riddell National Bank, the Brazil , IN 0.92% $381.0M
55 New Washington State Bank, the New Washington , IN 0.88% $769.0M
56 First Federal Savings Bank of Angola Angola , IN 0.87% $139.8M
57 Demotte State Bank Demotte , IN 0.83% $606.2M
58 Spencer County Bank Santa Claus , IN 0.83% $131.4M
59 Campbell & Fetter Bank Kendallville , IN 0.82% $353.4M
60 First Federal Savings Bank Rochester , IN 0.82% $690.3M
61 First State Bank of Porter Porter , IN 0.82% $156.3M
62 Mutual Savings Bank Franklin , IN 0.82% $349.3M
63 Security Federal Savings Bank Logansport , IN 0.81% $452.9M
64 Logansport Savings Bank Logansport , IN 0.80% $285.5M
65 Community State Bank Avilla , IN 0.77% $521.0M
66 First Bank Midwest Richmond , IN 0.76% $1.51B
67 Farmers and Merchants Bank, the Boswell , IN 0.74% $215.8M
68 Jackson County Bank Seymour , IN 0.73% $1.08B
69 Community State Bank Royal Center , IN 0.73% $169.3M
70 Owen County State Bank Spencer , IN 0.70% $391.6M
71 First Merchants Bank Muncie , IN 0.65% $21.05B
72 Hendricks County Bank and Trust Company Brownsburg , IN 0.58% $239.9M
73 Home Bank Sb Martinsville , IN 0.58% $431.7M
74 Peoples Bank Munster , IN 0.44% $2.01B
75 First Federal Savings and Loan Association of Greensburg Greensburg , IN 0.44% $146.1M
76 First National Bank Cloverdale , IN 0.38% $420.2M
77 Tri-county Bank & Trust Company Roachdale , IN 0.35% $303.4M
78 First Internet Bank of Indiana Fishers , IN 0.32% $5.68B
79 First Federal Savings Bank Evansville , IN 0.29% $579.0M
80 Hometown Savings Bank, the Terre Haute , IN 0.15% $461.9M
81 Peoples Trust and Savings Bank Boonville , IN -0.11% $248.4M
82 Farmers and Mechanics Federal Savings Bank Bloomfield , IN -0.19% $116.0M
83 United Fidelity Bank, FSB Evansville , IN -0.25% $6.33B
84 Clearpoint Federal Bank & Trust Batesville , IN -0.50% $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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