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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 : |
2025-06-30 |
| Carmel, Indiana, 46032 |
Updated : |
2025-07-28 |
| 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 : |
7 |
Number of Employees : |
717 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 19,083,804 |
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Total Interest Income | 590,231 |
| Total Liabilities | 16,945,764 |
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Total NonInterest Income | 71,734 |
| Total Bank Equity Capital | 2,138,040 |
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Total Interest Expense | 334,311 |
| Total Deposits | 12,751,155 |
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Total NonInterest Expense | 137,597 |
| Net Loans & Leases | 10,431,825 |
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Net Income | 99,234 |
| Loan Loss Allowance | 91,811 |
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Net Charge Offs | 56,541 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 2,233,591 |
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Total loans | 15,203,055 |
| Total assets for the leverage ratio | 18,917,003 |
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Loans secured by real estate: | 8,449,563 |
| Tier 1 Leverage Ratio | 11.26 |
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Commercial and industrial loans | 1,198,464 |
| Tier 1 Capital Ratio | 12.51 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.12 |
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Loans to individuals - Other | 5,038 |
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