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Merchants Bank of Indiana
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Merchants Bank of Indiana
| RSSD ID 963945 | CERTIFICATE 8056 | ABA NUMBER 74909153 |
| 410 Monon Blvd |
Quarter Ended : |
2026-03-31 |
| Carmel, Indiana, 46032 |
Updated : |
2026-04-28 |
| 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 : |
8 |
Number of Employees : |
722 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 20,263,028 |
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Total Interest Income | 269,870 |
| Total Liabilities | 18,006,243 |
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Total NonInterest Income | 44,779 |
| Total Bank Equity Capital | 2,256,785 |
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Total Interest Expense | 138,837 |
| Total Deposits | 13,040,979 |
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Total NonInterest Expense | 73,333 |
| Net Loans & Leases | 11,399,881 |
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Net Income | 69,991 |
| Loan Loss Allowance | 76,831 |
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Net Charge Offs | 22,364 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 2,335,139 |
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Total loans | 15,079,356 |
| Total assets for the leverage ratio | 18,881,629 |
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Loans secured by real estate: | 7,575,273 |
| Tier 1 Leverage Ratio | 11.91 |
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Commercial and industrial loans | 1,408,566 |
| Tier 1 Capital Ratio | 11.93 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.38 |
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Loans to individuals - Other | 4,186 |
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