First State Bank of Middlebury
Middlebury, IN
IDRSSD: 967046
Total Assets
$816.97M
Latest filing
Total Deposits
$659.87M
Latest filing
Net Interest Margin
4.27%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
First State Bank of Middlebury
111 South Main Street
Middlebury, IN 46540
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1910FDIC Certificate 5567
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First State Bank of Middlebury (Main) | 111 South Main Street | Middlebury, IN |
| GOSHEN BRANCH | 201 N Main St | Goshen, IN |
| GREENCROFT BRANCH | 1820 Greencroft Blvd | Goshen, IN |
| COBBLESTONE CROSSING BRANCH | 1515 Cobblestone Boulevlard | Elkhart, IN |
| RIVERWALK BRANCH | 200 Nibco Pkwy | Elkhart, IN |
| EDDY STREET OFFICE BRANCH | 1015 S Bend Ave | South Bend, IN |
Showing 5 of 5
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
FCN Bank, National Association
Brookville, Indiana
→
Assets: $776.78MΔ -4.2%
Citizens State Bank of New Castle, Indiana
New Castle, Indiana
→
Assets: $852.04MΔ +5.0%
State Bank
Brownsburg, Indiana
→
Assets: $855.02MΔ +5.4%
Community First Bank of Indiana
Kokomo, Indiana
→
Assets: $889.05MΔ +9.6%
Greenfield Banking Company
Greenfield, Indiana
→
Assets: $889.09MΔ +9.6%
The North Salem State Bank
North Salem, Indiana
→
Assets: $703.62MΔ -13.3%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1910 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 46540 |
| State and County Number | 18039 |
| 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 | Elkhart-Goshen, IN |
Operational Info
| Number of Employees | 111 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/29/2021 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.Bfirst.bank |
| Data Updated | 11/14/2025 |
| CERT | 8745 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $816.97M |
| Total Deposits | $659.87M |
| Total Liabilities | $725.26M |
| Total Equity Capital | $91.71M |
| Net Income | $3.33M |
| Net Loans and Leases | $630.69M |
| Assets Per Employee ($Millions) | $7.43M |
| Bank Premises and Fixed Assets | $4.82M |
| Cash and Balances due from Depository Institutions | $17.25M |
| Deposits Held in Domestic Offices | $659.87M |
Key Performance Ratios
| Return on Assets (ROA) | 1.64% |
| Return on Equity (ROE) | 15.02% |
| Net Interest Margin | 4.27% |
| Efficiency Ratio | 57.09% |
| Tier 1 Risk-Based Capital Ratio | 16.404% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.01% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.226% |
| Earning Assets to total Assets | 93.45% |
Income and Expense
| Total Interest Income | $11.64M |
| Total Noninterest Income | $1.36M |
| Total Interest Expense | $3.54M |
| Total Noninterest Expense | $5.41M |
| Net Interest Income | $8.10M |
| Pre-tax Net Operating Income | $4.04M |
| Provision for Credit Losses | $27.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $51.02M |
| Federal Funds Sold & Reverse Repurchase Agreement | $235.00k |
| Federal Funds Purchased and Repurchased Agreement | $5.83M |
| All Other Liabilities | $8.55M |
| Total Liabilities and Capital | $816.97M |
Securities
| Securities | $127.23M |
| Available-for-sale debt securities | $127.23M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First State Bank of Middlebury?
$816.97M as of the latest filing.
How much are First State Bank of Middlebury's total deposits?
$659.87M in total deposits.
Where is First State Bank of Middlebury located?
Middlebury, IN.
What is the Net Interest Margin?
4.27%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1910.
What is the Return on Assets (ROA)?
1.64%.
How much are total loans and leases?
$630.69M (latest filing).
What is the total interest income (latest filing)?
$11.64M.