Side-by-side · Q2 2026 data
First Merchants Bank vs Merchants Bank of Indiana
Metric by metric
| Measure | First Merchants Bank | Merchants Bank of Indiana |
|---|---|---|
| TellerScore | 58 | 63 (stronger) |
| Capital cushion | 50 | 63 (stronger) |
| Loan quality | 73 (stronger) | 61 |
| Earnings | 51 | 80 (stronger) |
| Funding & liquidity | 35 | 35 |
| Problem-loan coverage | 91 (stronger) | 77 |
| Peer percentile | 20th | 39th |
| Total assets | $21.3B | $21.2B |
| Deposits / shares | $16.8B | $14.3B |
| Capital ratio | 9.96% | 11.28% (stronger) |
| Problem loans | 0.82% (stronger) | 1.18% |
| Net charge-offs | 0.19% (stronger) | 0.41% |
| Return on assets | 0.78% | 1.49% (stronger) |
| Loans ÷ deposits | 91.6% (stronger) | 120.5% |
| Uninsured deposits | 45.4% | 29.0% (stronger) |
| Offices | 127 | 8 |
| CFPB complaints (3 yrs) | 86 | — |
| Complaints per $1B deposits | 5.1 | — |
| Mortgage denial rate (HMDA) | 19.8% | 9.6% |
Merchants Bank of Indiana has the higher TellerScore (63 vs 58). On the 7 directional measures above (where higher or lower is clearly better), First Merchants Bank leads on 3 and Merchants Bank of Indiana on 4. Deposits are insured up to $250,000 per depositor, per ownership category, at both.