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 Merchants Bank of Indiana
Merchants Bank of Indiana
| RSSD ID 963945 | CERTIFICATE 8056 | ABA NUMBER 74909153 |
| 410 Monon Blvd |
Quarter Ended : |
2025-03-31 |
| Carmel, Indiana, 46032 |
Updated : |
2025-04-30 |
| www.bankmerchants.com |
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| Institution Profile |
| Year Opened : |
1923 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
7 |
Number of Employees : |
695 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 18,740,858 |
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Total Interest Income | 286,516 |
| Total Liabilities | 16,627,674 |
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Total NonInterest Income | 22,077 |
| Total Bank Equity Capital | 2,113,184 |
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Total Interest Expense | 161,841 |
| Total Deposits | 12,468,176 |
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Total NonInterest Expense | 61,058 |
| Net Loans & Leases | 10,343,799 |
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Net Income | 59,355 |
| Loan Loss Allowance | 83,413 |
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Net Charge Offs | 10,479 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 2,201,501 |
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Total loans | 14,028,622 |
| Total assets for the leverage ratio | 17,760,059 |
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Loans secured by real estate: | 8,322,618 |
| Tier 1 Leverage Ratio | 11.85 |
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Commercial and industrial loans | 1,077,328 |
| Tier 1 Capital Ratio | 12.15 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.71 |
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Loans to individuals - Other | 2,044 |
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:· Merchants Bank of Indiana
