What is First Merchants Bank's financial health grade?

First Merchants Bank has a TFS Financial Health Grade of C (score: 74.2/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does First Merchants Bank have?

First Merchants Bank has 136 branch locations across the United States.

Is First Merchants Bank FDIC insured?

Yes, First Merchants Bank is FDIC insured (Certificate #4365).

What are the total assets of First Merchants Bank?

First Merchants Bank has total assets of $19.0B as reported in its most recent FDIC filing.

First Merchants Bank

BankMuncie, Indiana

http://www.firstmerchants.com

Total Assets

$19.0B

Total Deposits

$15.3B

Branches

120

Established

1893

TFS Health Grade

74.2 / 100

Average financial health

How we grade

First Merchants Bank is a bank headquartered in Muncie, Indiana, established in 1893. With $19.0B in total assets and 120 branch locations, it has a TFS Financial Health Grade of C (74.2/100).

Capital & Safety

Tier 1 Capital Ratio

10.18%(8%)

Total Capital Ratio

13.11%(10%)

Non-Performing Loan Ratio

0.53%

Profitability

Return on Assets (ROA)

1.27%(1%)

Return on Equity (ROE)

9.95%(10%)

Net Interest Margin

3.21%

Efficiency Ratio

54.97%(60%)

Lending & Liquidity

Total Loans

$13.8B

Loan-to-Deposit Ratio

88.78%

Net Charge-Off Ratio

0.14%

Growth

Asset Growth (YoY)

+3.89%

Deposit Growth (YoY)

+5.13%

Net Income

$235.9M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Branch	Address	City	State	Type
First Merchants BankHQ	200 E Jackson St	Muncie	IN	11
First Merchants Bank	155 N Wacker Dr	Chicago	IL	24
First Merchants Bank	1801 N Scatterfield Rd	Anderson	IN	11
First Merchants Bank	1526 E 53rd St	Anderson	IN	11
First Merchants Bank	800 Main St Ste 100	Anderson	IN	11
First Merchants Bank	7648 E Us Highway 36	Avon	IN	11
First Merchants Bank	1405 Baker Pl	Bluffton	IN	11
First Merchants Bank	101 W Center St	Bourbon	IN	11
First Merchants Bank	975 E Main St	Brownsburg	IN	11
First Merchants Bank	1 E Carmel Dr	Carmel	IN	11
First Merchants Bank	10210 N Michigan Rd	Carmel	IN	11
First Merchants Bank	1100 Market St	Charlestown	IN	11
First Merchants Bank	501 E Lewis And Clark Pkwy	Clarksville	IN	11
First Merchants Bank	832 N Central Ave	Connersville	IN	11
First Merchants Bank	900 Indiana 62 Nw	Corydon	IN	11
First Merchants Bank	134 S Washington St	Crawfordsville	IN	11
First Merchants Bank	155 N Main St	Crown Point	IN	11
First Merchants Bank	520 N 13th St	Decatur	IN	11
First Merchants Bank	437 N Halleck St	Demotte	IN	11
First Merchants Bank	4740 Indianapolis Blvd	East Chicago	IN	11
First Merchants Bank	8160 Beech St Se	Elizabeth	IN	11
First Merchants Bank	200 S Indiana Ave	English	IN	11
First Merchants Bank	11521 Olio Rd	Fishers	IN	11
First Merchants Bank	805 E Columbia St	Flora	IN	11
First Merchants Bank	1401 W Dupont Rd	Fort Wayne	IN	11
First Merchants Bank	10403 Leo Rd	Fort Wayne	IN	11
First Merchants Bank	6751 W Jefferson Blvd	Fort Wayne	IN	11
First Merchants Bank	855 Webster St	Fort Wayne	IN	11
First Merchants Bank	60 S Main St	Frankfort	IN	11
First Merchants Bank	2259 N Morton St	Franklin	IN	11
First Merchants Bank	1000 Copperfield Dr	Georgetown	IN	11
First Merchants Bank	13505 Main St	Grabill	IN	11
First Merchants Bank	1810 N State St	Greenfield	IN	11
First Merchants Bank	1250 N Emerson Ave	Greenwood	IN	11
First Merchants Bank	901 S State Road 135	Greenwood	IN	11
First Merchants Bank	5311 Hohman Ave	Hammond	IN	11
First Merchants Bank	17505 State Road 37	Harlan	IN	11
First Merchants Bank	3853 45th St	Highland	IN	11
First Merchants Bank	2845 Guilford St	Huntington	IN	11
First Merchants Bank	201 S Capitol Ave Ste 100	Indianapolis	IN	24
First Merchants Bank	8711 River Crossing Blvd	Indianapolis	IN	11
First Merchants Bank	5915 N College Ave	Indianapolis	IN	11
First Merchants Bank	2910 E 38th St	Indianapolis	IN	11
First Merchants Bank	702 N Shore Dr	Jeffersonville	IN	11
First Merchants Bank	3538 E 10th St	Jeffersonville	IN	11
First Merchants Bank	202 E Court Ave	Jeffersonville	IN	11
First Merchants Bank	2200 Elmwood Ave	Lafayette	IN	11
First Merchants Bank	250 Main St	Lafayette	IN	11
First Merchants Bank	2504 Teal Rd	Lafayette	IN	11
First Merchants Bank	3901 South St	Lafayette	IN	11

Showing 50 of 136 branches

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.