State directory · IN

Indiana Banks

Every FDIC-insured bank headquartered in Indiana, with health grades, capital, and profitability from the quarterly FDIC Call Report.

Compiled from official source data by PlainBankData Editorial
90
FDIC banks
72/100
Avg health score
$213.8B
Total assets
3
Failures since 2000

Data updated July 2026

The state picture

Indiana's 90 FDIC banks hold $213.8B in assets and average 72/100 on health - 70% earn an A or B grade.

90
FDIC-insured banks
70%
grade A or B (63 banks)
$71.8B
largest - Old National Bank
3
failures since 2000

Figures from public FDIC Call Reports. A lower grade does not mean your money is at risk, deposits are FDIC-insured to $250,000 per depositor, per category, at every bank here.

For context: Indiana's average health score of 72/100 is below the 77/100 national average across all FDIC-insured banks PlainBankData tracks.

Health grade distribution

A
36
40% of banks
B
27
30% of banks
C
17
19% of banks
D
8
9% of banks
F
2
2% of banks

Largest banks in Indiana

Top 10 Indiana banks by total assets
  1. 1
    Old National Bank $71.8B

    Evansville, IN · Grade B

  2. 2
    Merchants Bank of Indiana $19.4B

    Carmel, IN · Grade A

  3. 3
    First Merchants Bank $19.0B

    Muncie, IN · Grade A

  4. 4
    Centier Bank $9.7B

    Whiting, IN · Grade A

  5. 5
    1st Source Bank $9.1B

    South Bend, IN · Grade A

  6. 6
    German American Bank $8.4B

    Jasper, IN · Grade A

  7. 7
    Lake City Bank $7.0B

    Warsaw, IN · Grade A

  8. 8
    Horizon Bank $6.4B

    Michigan City, IN · Grade C

  9. 9
    United Fidelity Bank, fsb $6.3B

    Evansville, IN · Grade D

  10. 10
    First Financial Bank $5.7B

    Terre Haute, IN · Grade A

Top 10 of 90 Indiana banks · FDIC Call Report Q4 2025.

Indiana banks by health grade

0 10 20 30 40 A B C D F 36 27 17 8 2

How Indiana compares nationally

Indiana ranks #42 of 55 states and territories by average bank health score - better than 24% of them.

States grouped by average health score

All 90 Indiana banks

Bank Assets Grade
Old National Bank $71.8B B
Merchants Bank of Indiana $19.4B A
First Merchants Bank $19.0B A
Centier Bank $9.7B A
1st Source Bank $9.1B A
German American Bank $8.4B A
Lake City Bank $7.0B A
Horizon Bank $6.4B C
United Fidelity Bank, fsb $6.3B D
First Financial Bank, National Association $5.7B A
First Internet Bank of Indiana $5.5B D
First Farmers Bank & Trust Co. $3.4B A
STAR Financial Bank $3.2B B
The National Bank of Indianapolis $3.1B A
Peoples Bank $2.0B C
First Bank Richmond $1.5B B
Farmers State Bank $1.3B A
First Harrison Bank $1.3B A
The Farmers Bank, Frankfort, Indiana $1.1B C
First Bank of Berne $1.1B A
Jackson County Bank $1.1B C
Community First Bank of Indiana $933M B
Citizens State Bank of New Castle, Indiana $891M A
Greenfield Banking Company $890M A
State Bank $865M C
First State Bank of Middlebury $813M A
FCN Bank, National Association $793M B
The North Salem State Bank $776M A
The New Washington State Bank $763M C
Citizens Bank $696M A
The Fountain Trust Company $676M A
First Federal Savings Bank $673M B
Springs Valley Bank & Trust Company $644M A
DeMotte State Bank $610M C
First Federal Savings Bank $605M C
Crossroads Bank $587M B
Freedom Bank $579M A
Community State Bank $572M A
First Federal Savings Bank $559M B
The Friendship State Bank $555M B
The Napoleon State Bank $483M A
The Peoples State Bank $482M B
Alliance Bank $462M A
Security Federal Savings Bank $458M D
The Hometown Savings Bank $458M C
Home Bank SB $433M B
The Bippus State Bank $428M A
First National Bank $426M B
The First National Bank of Monterey $418M B
Kentland Bank $407M B
The Garrett State Bank $394M A
Owen County State Bank $389M B
Grant County State Bank $389M A
American Community Bank of Indiana $381M C
The Riddell National Bank $366M B
The Campbell & Fetter Bank $355M A
Hoosier Heartland State Bank $352M C
Mutual Savings Bank $349M B
Bath State Bank $337M C
The Peoples Bank $319M A
Farmers and Merchants Bank $305M A
Tri-County Bank & Trust Company $296M D
Bedford Federal Savings Bank $286M C
Bank of Wolcott $275M A
Logansport Savings Bank $265M C
Union Savings and Loan Association $258M C
Wayne Bank and Trust Co. $251M B
Peoples Trust and Savings Bank $245M C
Hendricks County Bank and Trust Company $235M D
The Farmers and Merchants Bank $210M B
Fowler State Bank $203M A
LNB Community Bank $187M A
The Home National Bank of Thorntown $183M B
Community State Bank $173M B
First State Bank of Porter $158M B
First Federal Savings and Loan Association of Greensburg $151M B
Community State Bank $151M C
First Federal Savings Bank of Angola $138M A
ClearPoint Federal Bank & Trust $135M A
Spencer County Bank $131M B
Farmers and Mechanics Federal Savings Bank $117M D
CentreBank $112M A
First Federal Savings Bank of Washington $95M D
Scottsburg Building and Loan Association $76M B
Boonville Federal Savings Bank $69M B
The Fairmount State Bank $58M D
Peoples Community Bank SB of Monticello, Indiana $44M B
Everence Trust Company $15M A
Kentland Federal Savings and Loan Association $4M F
Generations Community Bank -

How to read the Indiana bank directory

This page lists every FDIC-insured bank with a primary regulatory address in Indiana. Both state-chartered and nationally-chartered banks appear when the FDIC institution directory places their headquarters here. Branch locations, ATM networks, and credit unions are not in scope, this is a headquarters-anchored view. The 90 institutions shown reflect the most recent quarterly FDIC release.

Health grade interpretation

Each bank's letter grade (A–F) is computed from four FDIC-reported metrics: Tier 1 capital ratio, return on assets, the Texas Ratio (non-performing assets ÷ tangible capital), and the efficiency ratio. Across Indiana, 63 institutions (70%) sit in the A or B band, while 10 (11%) fall in the D or F band. The C cluster, the broad middle, typically captures roughly half of any state's banks and is not a warning signal on its own.

When failures matter

Since 2000, 3 banks headquartered in Indiana have failed. Every depositor was made whole up to the standard FDIC ceiling ($250,000 per depositor, per ownership category, per institution). Failures cluster around macro events (the 2008–2010 wave, the 2023 regional-bank stress) rather than steady attrition, so a clean recent record reflects the absence of a triggering shock more than guaranteed safety. The "Under Stress" ranking is more forward-looking, because it scores current capital and credit-loss capacity.

Sources, refresh cadence, and corrections

Every figure derives from the FDIC Quarterly Banking Profile and the FDIC Institution Directory, both public-domain. We re-pull on the FDIC's schedule (quarterly release plus monthly directory deltas for mergers and closures). Asset and capital figures are reported as of the most recent quarter-end and lag the calendar by ~90 days, the FDIC's reporting lag, not ours.

Using the Indiana directory

Three ways to put this state view to work.

Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings.

Data compiled from the Federal Deposit Insurance Corporation (FDIC) (FDIC Quarterly Banking Profile, Institution Directory, Failed Bank List). See our methodology for the full pipeline and source vintage.

Retrieved and compiled by PlainBankData Editorial from FDIC Call Report (FFIEC 031/041) filings, Q4 2025.

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Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. This page draws directly on FDIC federal source data, no figure is typed in by an editor. 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.