First Merchants Bank
Muncie, IN · Owner: First Merchants Corporation
$21.3B
total assets, June 30, 2026
$21.3B
total assets, June 30, 2026
First Merchants Bank is a state nonmember bank based in Muncie, IN, owned by First Merchants Corporation (FRME). As of June 30, 2026 it held $21.3 billion in assets and $16.8 billion in deposits; assets were up 14.8% from a year before. It has 129 branches in 3 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$21.3B
+14.8% in a year · +1.3% in a quarter
Deposits
$16.8B
+12.9% in a year · +1.6% in a quarter
Loans
$15.6B
+17.1% in a year · -0.4% in a quarter
Profit so far
$79.7M
Jan 1 to Jun 30, 2026 · -31.6% in a year
Capital ratio
9.96%
-0.04 pts in a year
Return on assets
0.78%
-0.49 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 200 E Jackson St, Muncie, IN, 47305
- County
- Delaware
- Holding company
- First Merchants Corporation (FRME)
- Established
- Mar 13, 1893
- Employees
- 2,233
- Branches
- 129 in 3 states
- Website
- www.firstmerchants.com
- Id
- b4365
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
129 offices as of June 30, 2026, holding $16.8 billion in deposits
Branch map
Every branch, sized by its deposits
| Largest branches | Place | Deposits |
|---|---|---|
| First Merchants Bank (main office) | Muncie, IN | $1.7B |
| Carmel Branch | Carmel, IN | $950M |
| Monticello Branch | Monticello, IN | $607M |
| Fishers Geist Branch | Fishers, IN | $463M |
| Broad Ripple Branch | Indianapolis, IN | $450M |
| Munster Ridge Road Branch | Munster, IN | $302M |
| Brownsburg Branch | Brownsburg, IN | $271M |
| Crown Point Branch | Crown Point, IN | $266M |
| Avondale Meadows Branch | Indianapolis, IN | $261M |
| Rensselaer Branch | Rensselaer, IN | $252M |
Related pages
Questions and answers
How big is First Merchants Bank?
$21.3 billion in total assets and $16.8 billion in deposits as of June 30, 2026, with assets up 14.8% from a year before. Its loans were $15.6 billion.
How many branches does First Merchants Bank have?
129 branches in 3 states as of June 30, 2026. The most deposits are in Indiana ($13.6 billion).
Is First Merchants Bank profitable?
Yes: it earned $79.7 million from January 1 to June 30, 2026 (down 31.6% from the same months a year before). Its return on assets was 0.78% a year; about 1% is typical.
Who owns First Merchants Bank?
First Merchants Bank is owned by First Merchants Corporation, its holding company, which is listed as FRME.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.