Total Assets
$813M
Total balance-sheet footings
FDIC Cert #8745 · Middlebury, Indiana · Est. 1910
First State Bank of Middlebury - FDIC Bank Health Profile
A community-scale look at First State Bank of Middlebury's own numbers, pulled straight from its quarterly FDIC Call Report.
- $813M
- Total assets
- A
- Health grade · Excellent
- 1.30%
- Return on assets
- 16.3%
- Tier 1 capital
Data updated July 2026
The verdict
First State Bank of Middlebury earns a PlainBankData health grade of A (88/100), with well-capitalized at 16.34% Tier 1, profitable at 1.30% ROA, efficient (57% cost ratio).
- #1,251
- largest of 4,313 FDIC banks by assets
- 71st
- percentile by asset size, nationally
- 16.34%
- Tier 1 ratio - above the 10% well-capitalized line
- 64th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How First State Bank of Middlebury's 88/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First State Bank of Middlebury's composite health score
Tier 1 Capital Ratio (16.34%) 40/40
Return on Assets (ROA) (1.30%) 20/25
Texas Ratio (10.50%) 16/20
Efficiency Ratio (57.01%) 12/15
88 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$654M
Customer-funded liabilities
Net Loans
$632M
Outstanding loan book
Net Income
$10M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First State Bank of Middlebury ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First State Bank of Middlebury's score of 88/100 falls in the highlighted band.
First State Bank of Middlebury's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). First State Bank of Middlebury's $813M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
16.34% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
16.34%
Texas Ratio
10.50%
Equity Capital
$94M
Profitability metrics
Return on Assets (ROA)
64th percentile nationally
1.30%
Return on Equity (ROE)
12.02%
Efficiency Ratio
57.01%
What the numbers say about First State Bank of Middlebury
First State Bank of Middlebury is an FDIC-insured institution (Certificate #8745) headquartered in Middlebury, Indiana, established in 1910. It holds $813M in total assets - 1,251st of 4,313 FDIC-insured banks, $654M in customer deposits, and $632M in net loans. Its capital position: a Tier 1 ratio of 16.34%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 10.50% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of A (88 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
First State Bank of Middlebury sits 26th of 90 banks headquartered in Indiana by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$46M
Interest Income
$5M
Non-Interest Income
$21M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First State Bank of Middlebury reports a Texas Ratio of 10.50% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
10.50% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Indiana by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First State Bank of Middlebury (FDIC Cert #8745) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Indiana
All Indiana banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Old National BankEvansville | $71.8B | B | 1.16% |
| Merchants Bank of IndianaCarmel | $19.4B | A | 1.20% |
| First Merchants BankMuncie | $19.0B | A | 1.27% |
| Centier BankWhiting | $9.7B | A | 1.67% |
| 1st Source BankSouth Bend | $9.1B | A | 1.84% |
| German American BankJasper | $8.4B | A | 1.46% |
| Lake City BankWarsaw | $7.0B | A | 1.61% |
| Horizon BankMichigan City | $6.4B | C | -1.96% |
Frequently asked questions
What is First State Bank of Middlebury's health grade?▼
First State Bank of Middlebury receives a health grade of A (88/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is First State Bank of Middlebury?▼
First State Bank of Middlebury holds $813M in total assets and $654M in deposits, ranking 1,251st of 4,313 FDIC-insured banks by asset size. It is headquartered in Middlebury, Indiana.
Is my money safe at First State Bank of Middlebury?▼
Yes, deposits at First State Bank of Middlebury (Certificate #8745) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First State Bank of Middlebury's Tier 1 Capital Ratio?▼
First State Bank of Middlebury has a Tier 1 Capital Ratio of 16.34%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for First State Bank of Middlebury?▼
First State Bank of Middlebury has a Texas Ratio of 10.50%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is First State Bank of Middlebury?▼
First State Bank of Middlebury has an Efficiency Ratio of 57.01%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First State Bank of Middlebury's profile as a depositor or analyst.
- First State Bank of Middlebury's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First State Bank of Middlebury against other Indiana banks before moving funds. Indiana banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.