First Merchants Bank
Muncie, IN
IDRSSD: 17147
Total Assets
$18.80B
Latest filing
Total Deposits
$14.92B
Latest filing
Net Interest Margin
3.20%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
First Merchants Bank
200 E Jackson St
Muncie, IN 47305
Full Service - Brick and Mortar
Updated 11/14/2025Established 03/13/1893FDIC Certificate 2871
Branches (119)
Page 1 of 17| Name | Address | City / State |
|---|---|---|
| First Merchants Bank (Main) | 200 E Jackson St | Muncie, IN |
| FT. WAYNE HEADQUARTERS BRANCH | 855 Webster St | Fort Wayne, IN |
| LAFAYETTE HEADQUARTERS BRANCH | 250 Main St | Lafayette, IN |
| MONTICELLO BRANCH | 116 E Washington St | Monticello, IN |
| DECATUR BRANCH | 520 N 13th St | Decatur, IN |
| MIDDLETOWN BRANCH | 790 W Mill St | Middletown, IN |
| CONNERSVILLE BRANCH | 832 N Central Ave | Connersville, IN |
| EAST JACKSON BRANCH | 101 S Country Club Rd | Muncie, IN |
Showing 7 of 119
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 03/13/1893 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 47305 |
| State and County Number | 18035 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Muncie, IN |
Operational Info
| Number of Employees | 2,009 |
| Domestic Offices | 120 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 12/06/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.firstmerchants.com |
| Data Updated | 11/14/2025 |
| CERT | 4365 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $18.80B |
| Total Deposits | $14.92B |
| Total Liabilities | $16.40B |
| Total Equity Capital | $2.40B |
| Net Income | $59.45M |
| Net Loans and Leases | $13.42B |
| Assets Per Employee ($Millions) | $9.33M |
| Bank Premises and Fixed Assets | $140.10M |
| Cash and Balances due from Depository Institutions | $256.79M |
| Deposits Held in Domestic Offices | $14.92B |
Key Performance Ratios
| Return on Assets (ROA) | 1.27% |
| Return on Equity (ROE) | 10.04% |
| Net Interest Margin | 3.2% |
| Efficiency Ratio | 55.19% |
| Tier 1 Risk-Based Capital Ratio | 11.417% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.09% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.782% |
| Earning Assets to total Assets | 90.28% |
Income and Expense
| Total Interest Income | $235.10M |
| Total Noninterest Income | $31.24M |
| Total Interest Expense | $100.47M |
| Total Noninterest Expense | $93.05M |
| Net Interest Income | $134.63M |
| Pre-tax Net Operating Income | $68.52M |
| Provision for Credit Losses | $4.30M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $1.27M |
| Other borrowed funds | $806.75M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $321.60M |
| All Other Liabilities | $344.74M |
| Total Liabilities and Capital | $18.80B |
Securities
| Securities | $3.38B |
| Available-for-sale debt securities | $1.39B |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $2.00B |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Merchants Bank?
$18.80B as of the latest filing.
How much are First Merchants Bank's total deposits?
$14.92B in total deposits.
Where is First Merchants Bank located?
Muncie, IN.
What is the Net Interest Margin?
3.20%.
How many domestic offices does it operate?
120.
When was it established?
03/13/1893.
What is the Return on Assets (ROA)?
1.27%.
How much are total loans and leases?
$13.42B (latest filing).
What is the total interest income (latest filing)?
$235.10M.