Merchants Bank of Indiana
Headquartered in Carmel, IN. Part of Merchants Bancorp. FDIC certificate #8056 · Federal Reserve RSSD 963945.
Total assets
$21.2B
Deposits
$14.3B
Q2 2026
Active branches
8
Closings since Jan 2020
0
3 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$81M
Return on assets
1.49%
Return on equity
13.29%
Noncurrent loan rate
1.18%
Deposits by year (Summary of Deposits)
52019
72020
82021
82022
132023
152024
132025
142026
Values in $ billions, June 30 of each year.
Openings by year
12020
12024
12026
Other network changes since 2020
- 1 branch relocations
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bankmerchants.com.