$20.3B
+8.1%y/y
Percentile by value33rd percentileby value
FDIC
ASSETMB
Merchants Bank of Indiana
Carmel, IndianaFDIC Cert #8056
STATEEstablished 19237 branches
Holding company: MERCHANTS BCORPRegulator: FDIC
FDIC
CERT + OFFDOMBalance sheet & income statement
Financials
Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.
As of Q1 2026
Balance sheet trend
Assets & deposits
| Quarter | Assets | Deposits |
|---|---|---|
| Q2 2021 | $9.62B | $7.86B |
| Q3 2021 | $10.7B | $8.76B |
| Q4 2021 | $11B | $8.8B |
| Q1 2022 | $9.36B | $7.28B |
| Q2 2022 | $10.8B | $8.12B |
| Q3 2022 | $11.7B | $10.2B |
| Q4 2022 | $12.4B | $9.93B |
| Q1 2023 | $14B | $11.2B |
| Q2 2023 | $15.6B | $12.9B |
| Q3 2023 | $16.2B | $12.8B |
| Q4 2023 | $16.6B | $13.9B |
| Q1 2024 | $17.7B | $14B |
| Q2 2024 | $18.2B | $15B |
| Q3 2024 | $18.6B | $12.9B |
| Q4 2024 | $18.6B | $12B |
| Q1 2025 | $18.7B | $12.5B |
| Q2 2025 | $19.1B | $12.8B |
| Q3 2025 | $19.3B | $14B |
| Q4 2025 | $19.4B | $13.1B |
| Q1 2026 | $20.3B | $13B |
Balance sheet
Core assets, funding, and capital reported at quarter end.
$13B
+4.6%y/y
Percentile by value22nd percentileby value
FDIC
DEP$16.6B
+12.3%y/y
Percentile by value45th percentileby value
FDIC
LNLSGR$16.5B
+12.4%y/y
Percentile by value45th percentileby value
FDIC
LNLSNET$1.72B
−11.4%y/y
Percentile by value18th percentileby value
FDIC
SC$83.2M
−84.0%y/y
Percentile by value0th percentileby value
FDIC
CHBAL$18B
+8.3%y/y
Percentile by value33rd percentileby value
FDIC
LIAB$2.26B
+6.8%y/y
Peer standing33rd percentile
FDIC
EQIncome statement
Year-to-date reported earnings and core revenue components.
$176M
+19.8%y/y
Peer standing29th percentile
FDIC
NIM + NONII$131M
+5.1%y/y
Peer standing24th percentile
FDIC
NIM$44.8M
+102.8%y/y
Peer standing48th percentile
FDIC
NONII$15.3M
+98.0%y/y
Percentile by value65th percentileby value
FDIC
ELNATR$87.2M
+11.8%y/y
Peer standing42nd percentile
FDIC
PTAXNETINC$70M
+17.9%y/y
Peer standing41st percentile
FDIC
NETINC