2026 Rankings

Best Banks in Indiana

50 banks in Indiana ranked by our TFS Financial Health Grade. Scores based on capital adequacy, asset quality, earnings, and consumer protection data.

Rank	Institution	City	Assets	Score	Grade
1	CentreBank	Veedersburg	$111.5M	93.0	A+
2	Alliance Bank	Francesville	$462.0M	92.1	A
3	1st Source Bank	South Bend	$9.1B	91.6	A
4	Farmers State Bank	Lagrange	$1.3B	90.9	A
5	Greenfield Banking Company	Greenfield	$889.6M	90.7	A
6	Fowler State Bank	Fowler	$203.4M	90.3	A
7	The Garrett State Bank	Garrett	$393.8M	89.2	A
8	The Bippus State Bank	Huntington	$428.1M	89.2	A
9	Lake City Bank	Warsaw	$7.0B	89.0	A
10	First State Bank of Middlebury	Middlebury	$813.1M	87.7	A-
11	Grant County State Bank	Swayzee	$388.6M	87.3	A-
12	The Napoleon State Bank	Napoleon	$483.4M	87.2	A-
13	Centier Bank	Whiting	$9.7B	86.1	A-
14	First Farmers Bank & Trust Co.	Converse	$3.4B	85.1	B+
15	First Financial Bank, National Association	Terre Haute	$5.7B	84.9	B+
16	Freedom Bank	Huntingburg	$578.8M	84.5	B+
17	The North Salem State Bank	North Salem	$776.3M	84.3	B+
18	Bank of Wolcott	Wolcott	$274.6M	84.1	B+
19	LNB Community Bank	Lynnville	$187.4M	84.1	B+
20	Springs Valley Bank & Trust Company	French Lick	$644.1M	83.7	B+
21	First Federal Savings Bank of Angola	Angola	$137.7M	82.1	B+
22	Kentland Bank	Kentland	$406.5M	81.7	B+
23	First Bank of Berne	Berne	$1.1B	81.0	B+
24	Citizens State Bank of New Castle, Indiana	New Castle	$890.5M	80.1	B
25	Community State Bank	Avilla	$572.4M	79.9	B
26	The Fountain Trust Company	Covington	$675.9M	79.6	B
27	First Merchants Bank	Muncie	$19.0B	79.6	B
28	Scottsburg Building and Loan Association	Scottsburg	$76.5M	79.2	B
29	The Home National Bank of Thorntown	Thorntown	$183.3M	78.9	B
30	The National Bank of Indianapolis	Indianapolis	$3.1B	78.8	B
31	The Campbell & Fetter Bank	Kendallville	$354.8M	78.7	B
32	First Federal Savings Bank	Huntington	$559.0M	78.6	B
33	Everence Trust Company	Goshen	$14.5M	78.4	B
34	Citizens Bank	Mooresville	$696.3M	77.7	B
35	The First National Bank of Monterey	Monterey	$417.7M	77.4	B
36	First Harrison Bank	Corydon	$1.3B	77.3	B
37	Community First Bank of Indiana	Kokomo	$932.7M	76.9	B-
38	German American Bank	Jasper	$8.4B	76.6	B-
39	Wayne Bank and Trust Co.	Richmond	$251.1M	76.1	B-
40	ClearPoint Federal Bank & Trust	Batesville	$134.7M	75.8	B-
41	Union Savings and Loan Association	Connersville	$257.6M	75.7	B-
42	Owen County State Bank	Spencer	$389.5M	75.3	B-
43	FCN Bank, National Association	Brookville	$792.7M	75.3	B-
44	Farmers and Merchants Bank	Laotto	$304.6M	75.1	B-
45	Mutual Savings Bank	Franklin	$349.0M	75.0	B-
46	Bedford Federal Savings Bank	Bedford	$285.6M	75.0	B-
47	The Farmers Bank, Frankfort, Indiana	Frankfort	$1.1B	74.7	B-
48	Home Bank SB	Martinsville	$433.5M	74.4	B-
49	STAR Financial Bank	Fort Wayne	$3.2B	74.1	B-
50	The Peoples Bank	Brownstown	$319.2M	73.9	B-

Rankings based on TFS Financial Health Grades, calculated from FDIC quarterly financial data. Scores reflect capital adequacy, asset quality, earnings, liquidity, growth, and consumer protection metrics.Learn about our methodology

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