Merchants Bank of Indiana
Carmel, IN · Cert 8056 · Peer group: banks over $10B in assets (n=142-144) · Merchants Bcorp
State charter, non-member · FDIC · 8 branches
Q2 2026
$21.2BAssets
$17.4BLoans
$14.3BDeposits
$2.3BEquity
Executive Summary
- Strongest standing: efficiency ratio outperforms 87% of banks over $10B in assets (rank 20 of 144).
- Widest gap: total risk-based capital ratio trails 95% of banks over $10B in assets (rank 137 of 144).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
1.43%
Rank 46 of 144
Net Interest Margin
2.63%
Rank 121 of 144
Efficiency Ratio
40.22%
Rank 20 of 144
Equity / Assets
10.97%
Rank 82 of 144
Non-interest income vs. expense
Unfavorable gap of $110.1M · efficiency ratio beats 87% of banks over $10B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.43% | 1.00% | 1.26% | 1.54% | Beats 68% | 46 / 144 | |
| Return on Equity | 13.00% | 8.98% | 11.34% | 14.40% | Beats 69% | 44 / 144 | |
| Net Interest Margin | 2.63% | 2.82% | 3.31% | 3.68% | Beats 16% | 121 / 144 | |
| Efficiency Ratio | 40.22% | 49.42% | 56.02% | 62.41% | Beats 87% | 20 / 144 | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.18% | 0.48% | 0.73% | 1.07% | Beats 20% | 114 / 142 | |
| Net Charge-Offs / Loans | 0.23% | 0.05% | 0.11% | 0.22% | Beats 24% | 109 / 142 | |
| Capital |
| Tier 1 Capital Ratio | 11.76% | 12.07% | 12.98% | 14.92% | Beats 15% | 123 / 144 | |
| Total Risk-Based Capital Ratio | 12.18% | 13.39% | 14.14% | 16.25% | Beats 5% | 137 / 144 | |
| Equity / Assets | 10.97% | 9.69% | 11.39% | 12.96% | Beats 43% | 82 / 144 | |
| Liquidity & Funding |
| Loans / Deposits | 121.06% | 75.72% | 84.92% | 91.56% | 97th pctl | 4 / 143 | |
| Loans / Assets | 82.01% | 59.83% | 69.07% | 74.80% | 94th pctl | 9 / 144 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |