Merchants Bank of Indiana
Carmel, IN · State Bank, Not a Federal Reserve Member · Part of MERCHANTS BCORP
Summary
- Total assets: $21.2 billion
- Total deposits: $14.3 billion
- Total loans: $17.4 billion
- Data as of June 30, 2026
Loan portfolio
Share of the bank's loans in each category.
| Construction & land | 11.5% |
| Multifamily | 19.2% |
| Owner-occupied commercial real estate | 4.3% |
| Non-owner-occupied commercial real estate | 4.1% |
| Residential | 6.2% |
| Commercial & industrial | 9.2% |
| Consumer & other | 45.5% |
Health indicators
- Tier 1 leverage ratio: 11.28%
- Total risk-based capital ratio: 12.18%
- Noncurrent loans: 1.18%
- Net charge-offs: 0.41%
- Return on assets: 1.49%
Local footprint
| County | Branches | Deposits |
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