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BankSonar

First Merchants Bank

Muncie, IN · State, non-member commercial bank

57

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$21B
Total deposits
$16.5B
Branches
135
Return on assets
0.66%
Return on equity
5.14%
Charter type
State, non-member commercial bank
Established
1893
FDIC cert #
4365

How the 57 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Large, diversified balance sheet.

Read the full Sonar Score methodology →

Your deposits at First Merchants Bank

First Merchants Bank is an FDIC-insured institution (Cert #4365). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

50 branch locations

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520 N 13th St

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790 W Mill St

Middletown, IN 47356

832 N Central Ave

Connersville, IN 47331

101 S Country Club Rd

Muncie, IN 47303

2101 S Madison St

Muncie, IN 47302

1628 W Mcgalliard Rd

Muncie, IN 47304

801 S Tillotson Ave

Muncie, IN 47304

1 E Carmel Dr

Carmel, IN 46032

478 W Myers St

Montgomery, IN 47558

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