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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 : |
2026-06-30 |
| Carmel, Indiana, 46032 |
Updated : |
2026-07-28 |
| 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 : |
743 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 21,170,764 |
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Total Interest Income | 563,304 |
| Total Liabilities | 18,848,731 |
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Total NonInterest Income | 89,563 |
| Total Bank Equity Capital | 2,322,033 |
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Total Interest Expense | 293,334 |
| Total Deposits | 14,341,536 |
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Total NonInterest Expense | 144,606 |
| Net Loans & Leases | 12,262,801 |
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Net Income | 150,953 |
| Loan Loss Allowance | 75,803 |
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Net Charge Offs | 34,106 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 2,398,352 |
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Total loans | 16,538,784 |
| Total assets for the leverage ratio | 20,510,659 |
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Loans secured by real estate: | 7,820,502 |
| Tier 1 Leverage Ratio | 11.28 |
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Commercial and industrial loans | 1,452,954 |
| Tier 1 Capital Ratio | 11.76 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.18 |
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Loans to individuals - Other | 3,906 |
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