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Merchants Bank of Indiana

Carmel, IndianaFDIC Cert #8056

STATEEstablished 19237 branches

Holding company: MERCHANTS BCORPRegulator: FDIC

FDICCERT + OFFDOM

Delinquency, loss & reserves

Credit

Early-stage delinquency, nonaccruals, realized loss, and allowance coverage from reported filings.

As of Q1 2026

Problem credits

Reported delinquent and nonperforming exposures, shown as balances and ratios.

30–89 %
0.22%
−38.5%y/y
Peer standing71st percentile
Peer standing in asset:gte_10b
FDICP3ASSET + LNLSGR
90+ %
0.05%
+1,170.7%y/y
Peer standing38th percentile
Peer standing in asset:gte_10b
FDICP9ASSET + LNLSGR
Nonaccrual %
1.44%
−24.5%y/y
Peer standing6th percentile
Peer standing in asset:gte_10b
FDICNAASSET + LNLSGR
Noncurrent %
1.49%
−22.1%y/y
Peer standing12th percentile
Peer standing in asset:gte_10b
FDICP9ASSET + NAASSET + LNLSGR
NPA/assets
1.52%
−1.8%y/y
Peer standing5th percentile
Peer standing in asset:gte_10b
FDICP9ASSET + NAASSET + ORE + ASSET
NPA
$308M
+6.2%y/y
Peer standing29th percentile
Peer standing in asset:gte_10b
FDICP9ASSET + NAASSET + ORE

Loss & allowance

Recognized charge-offs and the allowance held against the loan portfolio.

NCO rate
0.58%
+102.4%y/y
Peer standing16th percentile
Peer standing in asset:gte_10b
FDICNTLNLS + LNLSGR
NCO
$22.4M
+113.4%y/y
Peer standing28th percentile
Peer standing in asset:gte_10b
FDICNTLNLS + DRLNLS + CRLNLS
ACL/loans
0.46%
−18.0%y/y
Percentile by value9th percentileby value
Peer standing in asset:gte_10b
FDICLNATRES + LNLSGR
30–89
$36.1M
−30.9%y/y
Peer standing70th percentile
Peer standing in asset:gte_10b
FDICP3ASSET
90+
$8.35M
+1,327.4%y/y
Peer standing41st percentile
Peer standing in asset:gte_10b
FDICP9ASSET
Nonaccrual
$239M
−15.2%y/y
Peer standing26th percentile
Peer standing in asset:gte_10b
FDICNAASSET