The Fountain Trust Company
Covington, IN · Owner: Piper Holdings Inc
$845M
total assets, June 30, 2026
$845M
total assets, June 30, 2026
The Fountain Trust Company is a state nonmember bank based in Covington, IN, owned by Piper Holdings Inc. As of June 30, 2026 it held $844.6 million in assets and $744.1 million in deposits; assets were up 26.2% from a year before. It has 20 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$845M
+26.2% in a year · -1.2% in a quarter
Deposits
$744M
+23.2% in a year · -1.7% in a quarter
Loans
$521M
+44.0% in a year · +2.6% in a quarter
Profit so far
$4.1M
Jan 1 to Jun 30, 2026 · -10.9% in a year
Capital ratio
9.99%
-0.44 pts in a year
Return on assets
1.04%
-0.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 615 3rd St, Covington, IN, 47932
- County
- Fountain
- Holding company
- Piper Holdings Inc
- Established
- Jan 1, 1903
- Employees
- 153
- Branches
- 20 in 2 states
- Website
- www.fountaintrust.com
- Id
- b5768
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
20 offices as of June 30, 2026, holding $744.1 million in deposits
Branch map
Every branch, sized by its deposits
| Largest branches | Place | Deposits |
|---|---|---|
| The Fountain Trust Company (main office) | Covington, IN | $131M |
| The Gifford State Bank Branch | Gifford, IL | $98.7M |
| Brookston Branch | Brookston, IN | $68.8M |
| Attica Branch | Attica, IN | $51.2M |
| Kingman Branch | Kingman, IN | $40.7M |
| Rockville Branch | Rockville, IN | $35.3M |
| Waynetown Branch | Waynetown, IN | $33.2M |
| Lafayette Branch | Lafayette, IN | $31.2M |
| Darlington Branch | Darlington, IN | $30.1M |
| Monticello Branch | Monticello, IN | $28.9M |
Related pages
Questions and answers
How big is The Fountain Trust Company?
$844.6 million in total assets and $744.1 million in deposits as of June 30, 2026, with assets up 26.2% from a year before. Its loans were $521.4 million.
How many branches does The Fountain Trust Company have?
20 branches in 2 states as of June 30, 2026. The most deposits are in Indiana ($588.1 million).
Is The Fountain Trust Company profitable?
Yes: it earned $4.12 million from January 1 to June 30, 2026 (down 10.9% from the same months a year before). Its return on assets was 1.04% a year; about 1% is typical.
Who owns The Fountain Trust Company?
The Fountain Trust Company is owned by Piper Holdings Inc, its holding company.
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.