Total Assets
$418M
Total balance-sheet footings
FDIC Cert #4364 · Monterey, Indiana · Est. 1910
The First National Bank of Monterey - FDIC Bank Health Profile
A community-scale look at The First National Bank of Monterey's own numbers, pulled straight from its quarterly FDIC Call Report.
- $418M
- Total assets
- B
- Health grade · Good
- 0.87%
- Return on assets
- 12.9%
- Tier 1 capital
Data updated July 2026
The verdict
The First National Bank of Monterey earns a PlainBankData health grade of B (77/100), with well-capitalized at 12.89% Tier 1, 0.87% ROA, 63% efficiency ratio.
- #2,026
- largest of 4,313 FDIC banks by assets
- 53rd
- percentile by asset size, nationally
- 12.89%
- Tier 1 ratio - above the 10% well-capitalized line
- 34th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How The First National Bank of Monterey's 77/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
The First National Bank of Monterey's composite health score
Tier 1 Capital Ratio (12.89%) 35/40
Return on Assets (ROA) (0.87%) 14/25
Texas Ratio (1.62%) 20/20
Efficiency Ratio (62.59%) 8/15
77 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$367M
Customer-funded liabilities
Net Loans
$240M
Outstanding loan book
Net Income
$4M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where The First National Bank of Monterey ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. The First National Bank of Monterey's score of 77/100 falls in the highlighted band.
The First National Bank of Monterey'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). The First National Bank of Monterey's $418M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
12.89% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
12.89%
Texas Ratio
1.62%
Equity Capital
$47M
Profitability metrics
Return on Assets (ROA)
34th percentile nationally
0.87%
Return on Equity (ROE)
8.40%
Efficiency Ratio
62.59%
What the numbers say about The First National Bank of Monterey
The First National Bank of Monterey is an FDIC-insured institution (Certificate #4364) headquartered in Monterey, Indiana, established in 1910. It holds $418M in total assets - 2,026th of 4,313 FDIC-insured banks, $367M in customer deposits, and $240M in net loans. Looking at capital strength, Tier 1 stands at 12.89%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 1.62%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of B (77/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Indiana, The First National Bank of Monterey ranks 49th of 90 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$20M
Interest Income
$773K
Non-Interest Income
$7M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. The First National Bank of Monterey reports a Texas Ratio of 1.62% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.62% - 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) The First National Bank of Monterey (FDIC Cert #4364) - 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 The First National Bank of Monterey's health grade?▼
The First National Bank of Monterey receives a health grade of B (77/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is The First National Bank of Monterey?▼
The First National Bank of Monterey holds $418M in total assets and $367M in deposits, ranking 2,026th of 4,313 FDIC-insured banks by asset size. It is headquartered in Monterey, Indiana.
Is my money safe at The First National Bank of Monterey?▼
Yes, deposits at The First National Bank of Monterey (Certificate #4364) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is The First National Bank of Monterey's Tier 1 Capital Ratio?▼
The First National Bank of Monterey has a Tier 1 Capital Ratio of 12.89%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for The First National Bank of Monterey?▼
The First National Bank of Monterey has a Texas Ratio of 1.62%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is The First National Bank of Monterey?▼
The First National Bank of Monterey has an Efficiency Ratio of 62.59%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read The First National Bank of Monterey's profile as a depositor or analyst.
- The First National Bank of Monterey's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare The First National Bank of Monterey 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.