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Merchants Bank of Indiana, Financial Information

About Merchants Bank of Indiana

 Address:
410 Monon Blvd.
Carmel, IN
Randolph County, Indiana
 Established:
Jun 1923
 Number of domestic offices:
6
Total assets$9,410M
Net income$183M
Net income, quarterly$61M
Total deposits$7,218M
Domestic deposits$7,218M
Equity capital$790M
ROA2.19%
ROAQ, quarterly2.59%
ROA, pretax2.59%
ROAQ, quarterly, pretax3.48%
ROE26.17%
ROEQ, quarterly31.73%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Merchants Bank of Indiana has a fresh approach that will change the way you look at business banking.

Merchants Bank of Indiana is dedicated to serving rural farming communities with a full line of Agricultural loan products. More specifically, the bank specializes in Operating Loans for crop and livestock production, Intermediate Loans for financing farm related equipment and vehicles, and Real Estate mortgages for the purchase of Farm ground or to refinance and consolidate farm debt.

Merchants Bank of Indiana also offers a full array of FSA Guaranteed Loan Products enabling us to provide more unique financing options to Farm Customers.

Historical Data