Vitals
  • Total Assets
    2.7B 19.8 %
  • Total Deposits
    2.4B 19.1 %
  • Total Net Loans
    1.7B 23.4 %
  • Net Income
    37.5M 15.1 %
  • Book Value
    254.9M 26.0 %
  • Book Value x2
    509.8M 26.0 %
  • Book Value x3
    764.7M 26.0 %
ROAA

1.403

ROAE

16.41

Efficiency Ratio

29.573

Net Interest Margin

2.365

Balance Sheet Highlights
Financial Highlights Merchants Bank Of Indiana All Insured Commercial Banks in Indiana
Balance Sheet $(000)
Total Assets 2,717,742 606,548
Total Net Loans 1,700,237 409,621
Total Deposits 2,428,910 497,111
Total Equity 254,884 63,292
Profitability
Net Income 37,531 6,062
Return on Average Assets 1.403 .965
Return on Average Equity 16.41 9.027
Net Interest Margin 2.365 3.682
Efficiency Ratio 29.573 66.445
Noninterest Income/Revenue 27.715 20.436
Balance Sheet Ratios
Loan-to-Deposit 70 79.497
Securities/Assets .12 .184
Total Equity/Total Assets .094 .104
Tangible Equity/Tangible Assets .074 .098
Capital Adequacy
Tier 1 Common Capital 249,231 60,326
Tier 1 Capital 249,231 60,328
Tier 2 Capital 6,308 4,282
Total Capital 255,539 64,608
Total Risk Weighted Assets 1,891,649 442,958
Leverage Ratio 8.43 10.395
Common Equity Tier 1 Capital Ratio 13.18 15.27
Tier 1 Capital Ratio 13.18 15.27
Total Capital Ratio 13.51 16.399

Timeline for Merchants Bank Of Indiana

Natty Mac Funding, Llc

Natty Mac Funding, Llc became a new subsidiary organization for Merchants Bank Of Indiana.

View Profile May 01 2014

Ash Realty Llc

Ash Realty Llc became a new subsidiary organization for Merchants Bank Of Indiana.

View Profile Jan 01 2013

Symphony Bank

Acquisition: Merchants Bank Of Indiana acquired a new subsidiary, Symphony Bank, 15 years

View Profile Jan 01 2009

Merchants Bancorp

Merchants Bancorp became a new parent organization for Merchants Bank Of Indiana.

View Profile Feb 28 2007

P/R Mortgage & Investment Corp.

P/R Mortgage & Investment Corp. became a new subsidiary organization for Merchants Bank Of Indiana.

View Profile Feb 28 2007

Want to see more?

Complete timeline for Merchants Bank Of Indiana is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Symphony Bank Seller 55,030 Acquisition Discontinued 1/1/2009
Relationships Role Relationship Start Relationship End
Merchants Bancorp Parent 2/28/2007
Winchester Bancorporation Parent 1/21/1988 3/29/1989
P/R Mortgage & Investment Corp. Subsidary 6/30/2007
Natty Mac Funding, Llc Subsidary 5/1/2014
Ash Realty Llc Subsidary 1/1/2013
P/R Mortgage & Investment Corp. Subsidary 2/28/2007 6/29/2007
Similar Organizations
Organization City State Total Assets
Totalbank
 		Miami FL 3.0B
German American Bancorp
 		Jasper IN 3.0B
Mercantile Bank Of Michigan
 		Grand Rapids MI 3.0B
Bank Of Colorado
 		Fort Collins CO 3.2B
Stockman Bank Of Montana
 		Miles City MT 3.2B
Midwestone Bank
 		Iowa City IA 3.0B
Sumitomo Mitsui Trust Bank (U.S.A.) Limited
 		Hoboken NJ 3.0B
Firstbank
 		Nashville TN 3.2B
Heartland Bank And Trust Company
 		Bloomington IL 3.0B
Bank Of The Cascades
 		Bend OR 3.2B